ProPetro Holding (PUMP) Misses Q4 EPS by 26c

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Go back to ProPetro Holding (PUMP) Misses Q4 EPS by 26c

ProPetro Reports Full Year and Fourth Quarter 2020 Results

February 23, 2021 4:37 PM EST

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (ProPetro or the Company) (NYSE: PUMP) today announced financial and operational results for the full year and fourth quarter of 2020.

Full Year 2020 and Recent Operational Highlights

Initiated transition towards lower emissions equipment with investment in fully electric DuraStim® and commitment to purchase Tier IV Dynamic Gas Blending (DGB) dual-fuel pumps. Set company safety record with Full Year 2020 Total Recordable Incident Rate (TRIR) of 0.49. All time company high operational efficiencies in 2020, including record pumping hours per day and record low downtime per... More