ProPetro Holding Corp. provides oilfield services, specializing in hydraulic fracturing for upstream oil and gas producers in North America, with a focus on the Permian Basin near Midland, Texas. Its services help exploration and production companies extract oil and natural gas more efficiently by delivering high-demand fracturing operations under service contracts and long-term partnerships. The product works by deploying specialized equipment, crews, and processes to inject fracturing fluids into wells to improve resource flow, supported by a network in a major shale region. ProPetro differentiates itself through its strategic location in the Permian Basin, a growth-focused approach, and long-term customer contracts that tie revenue to ongoing service needs. The company's goal is to meet the continuous demand of E&P customers for fracturing and related services, supporting efficient resource extraction and steady revenue growth.
Company Size
501-1,000
Company Stage
IPO
Headquarters
Midland, Texas
Founded
2007
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