ProPetro Holding (PUMP) Tops Q1 EPS by 6c
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ProPetro Reports Results for the First Quarter 2019
May 7, 2019 4:15 PM EDTMIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (ProPetro or the Company) (NYSE: PUMP) today announced financial and operational results for the first quarter of 2019.
First Quarter 2019 Highlights
Total revenue for the quarter was $546.2 million, as compared to $425.4 million for the fourth quarter of 2018. Net income was $69.8 million, or $0.67 per diluted share, an increase of 35% from $51.8 million, or $0.59 per diluted share, for the fourth quarter of 2018. Adjusted EBITDA(1) for the quarter was $150.3 million, an increase of 34% from $112.4 million for the fourth quarter of 2018.... More