ProPetro (PUMP) to Release Earnings on Thursday

ProPetro (NYSE:PUMP) is expected to release its Q1 2026 results before the market opens on Thursday, April 30th. Analysts expect ProPetro to post earnings of ($0.10) per share and revenue of $286.56 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 30, 2026 at 11:00 AM ET.

ProPetro (NYSE:PUMP) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.14. The firm had revenue of $289.68 million for the quarter, compared to the consensus estimate of $279.90 million. ProPetro had a net margin of 0.06% and a return on equity of 0.10%. The company’s revenue for the quarter was down 9.6% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.17) EPS. On average, analysts expect ProPetro to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ProPetro Stock Up 1.2%

Shares of NYSE PUMP opened at $17.42 on Wednesday. The company has a market capitalization of $2.14 billion, a P/E ratio of 1,741.50 and a beta of 0.62. ProPetro has a 52-week low of $4.51 and a 52-week high of $17.52. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.24 and a current ratio of 1.29. The company’s 50 day moving average price is $13.81 and its 200-day moving average price is $11.17.

Institutional Investors Weigh In On ProPetro

Several hedge funds and other institutional investors have recently bought and sold shares of PUMP. Aster Capital Management DIFC Ltd bought a new stake in ProPetro in the fourth quarter valued at $56,000. Dark Forest Capital Management LP bought a new stake in ProPetro in the third quarter valued at $57,000. Raymond James Financial Inc. bought a new stake in ProPetro in the second quarter valued at $60,000. Tower Research Capital LLC TRC increased its stake in ProPetro by 70.5% in the second quarter. Tower Research Capital LLC TRC now owns 10,789 shares of the company’s stock valued at $64,000 after purchasing an additional 4,461 shares in the last quarter. Finally, iSAM Funds UK Ltd bought a new stake in ProPetro in the second quarter valued at $102,000. 84.70% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on PUMP. Bank of America began coverage on shares of ProPetro in a research report on Monday, March 30th. They issued a “buy” rating and a $18.00 price target on the stock. Citigroup upgraded shares of ProPetro from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $16.00 in a research report on Wednesday, April 15th. Piper Sandler boosted their target price on shares of ProPetro from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group began coverage on shares of ProPetro in a research report on Friday, April 10th. They set a “neutral” rating and a $15.00 target price on the stock. Finally, Barclays boosted their target price on shares of ProPetro from $12.00 to $14.00 and gave the company an “equal weight” rating in a research report on Thursday, April 9th. Six analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $14.50.

About ProPetro

ProPetro Holding Corp is a publicly traded oilfield services company that specializes in hydraulic fracturing and well completion solutions for exploration and production operators. Headquartered in Midland, Texas, the company delivers a comprehensive suite of pressure pumping services designed to optimize reservoir stimulation and enhance hydrocarbon recovery. Its integrated approach encompasses well design, proppant selection, fluid systems and pressure management to support clients’ development targets across unconventional plays.

The company’s core offerings include high-pressure fracturing, coiled tubing, cementing, acidizing and flowback services, all supported by in-house logistics and digital monitoring tools.