ProPetro's PROPWR unit signs 230 MW power deal with Targa Resources

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Go back to ProPetro's PROPWR unit signs 230 MW power deal with Targa Resources

PROPWR Signs New Power Contracts to Commit Approximately 230 Megawatts to Targa Resources Corp.

September 22, 2026 7:00 AM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (NYSE: PUMP) (ProPetro) today announced that its PROPWR business unit has entered into new contracts with a subsidiary of Targa Resources Corp. (NYSE: TRGP) (Targa), a large energy infrastructure company, for which PROPWR will commit approximately 230 megawatts (MW) of power generation capacity. With the addition of these contracts, total capacity committed under contract for PROPWR now stands at approximately 510 MW, which also reflects previously announced oil and gas power capacity that is no longer committed under contract. This recontracting allows PROPWR to... More