ProPetro Holding Corp Dossier
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SectorEnergy IndustryOil & Gas Equipment & Services Beta (adjusted)0.84 Intrinsic Value $8.49median of 3 methodsbased on filings through 30 Jun 2026 Market Price $9.00Price as of 1 Oct 2026 Near fair valueIntrinsic value is 6% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $1.1B Enterprise Value $1.1B Shares Outstanding 120.3M diluted Moat Rating None Next Earnings Date28 Oct 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary ProPetro Holding Corp. (PUMP) is successfully transitioning from a pure-play Permian Basin completions provider into a diversified energy services and power solutions company. The rapid scaling of its PROPWR division, supported by a strategic framework agreement with Caterpillar for up to 2.6 GW of capacity by 2032, positions the company to capture high-margin demand from data centers, industrial applications, and microgrids. While legacy completions generate resilient free cash flow, the power generation business is expected to drive substantial growth and margin expansion starting in the second half of 2026. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Street view · analyst 12-month targets Low · most bearish analyst$11.00 Mean target$17.23 High · most bullish analyst$23.00 Street targets sit above today's price; our intrinsic value sits below it. Different horizons, different questions. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 18 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario Severe weather disruptions or a sharp decline in Permian drilling activity reduce legacy completions utilization. Supply chain bottlenecks or execution delays slow down PROPWR deployments, leading to capital overruns and delayed profitability. Base CaseCentral scenario Legacy completions remain highly resilient with 12 active fleets running in Q2 2026. PROPWR successfully deploys its ordered capacity, achieving positive earnings contribution in H2 2026. Capital expenditures remain within the guided range of $540 million to $610 million, funded by legacy cash flows and the January 2026 public equity raise. Scenarios are anchored to street consensus at the research date, with our probabilities and rationale. Key Investment Merits
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All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |