ProPetro Holding (PUMP) Misses Q4 EPS by 10c, Revenues Beat
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ProPetro Reports Preliminary Unaudited Full Year and Fourth Quarter 2019 Results and Provides Other Updates
March 31, 2020 4:54 PM EDTMIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (ProPetro or the Company) (NYSE: PUMP) today announced preliminary unaudited financial and operational results for the full year and fourth quarter of 2019 and provided other updates.
Full Year 2019 Operational Highlights
Achieved record-breaking efficiencies in key internal operational metrics each quarter of 2019. Maintained strong profitability through volatile market conditions. Successfully integrated new team members and assets from Pioneer Natural Resources. Effective utilization for the Company averaged 23.9 fleets in 2019.Full Year 2019 Financial Highlights
Grew total... More