ProPetro Holding (PUMP) Misses Q4 EPS by 19c

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Go back to ProPetro Holding (PUMP) Misses Q4 EPS by 19c

ProPetro Reports Financial Results for the Fourth Quarter of 2021

February 22, 2022 4:15 PM EST

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. ("ProPetro" or "the Company") (NYSE: PUMP) today announced financial and operational results for the fourth quarter of 2021.

Fourth Quarter 2021 and Full Year Highlights

Total revenue for the quarter decreased 2% to $246 million compared to $250 million for the third quarter of 2021. Net loss for the quarter was $20 million, or $0.20 per diluted share, compared to net loss of $5 million, or $0.05 per diluted share, for the third quarter of 2021. Adjusted EBITDA(1) for the quarter decreased 12% to $37 million compared to $42 million for the third... More