P

ProPetro

Hydraulic fracturing services for upstream oil

Power Generation Technician

Full-Time
No salary listed
Mid
Midland, TX, USA
In Person
Field ServiceEquipment Field Service

About the job

Requirements
  • A minimum of 2-4 years of experience in a similar role.
  • Experience with CAT G3520 engine packages.
  • Experience with Solar SMT60 turbine packages.
  • Proficiency with CAT ET and other diagnostic software.
  • A fundamental understanding of natural gas reciprocating and turbine engines.
  • A fundamental understanding of control systems and instrumentation.
  • A fundamental understanding of power generators and electricity.
  • A fundamental understanding of network protocols and communication devices.
  • A current, valid driver's license and a clean driving record are required.
  • Proficiency with Microsoft Office 365 applications and the ability to quickly learn other work-related software.
  • The ability to sit or stand for long periods, work indoors and outdoors, and withstand extreme weather conditions.
  • The ability to safely operate a company vehicle day or night, on various road types, and in all weather conditions.
  • The ability to occasionally lift or move up to 20 pounds.
Responsibilities
  • Collaborate with operators and other technicians to provide support, diagnostics, maintenance, and repairs.
  • Prioritize workload effectively to avoid equipment failure and unplanned downtime.
  • Perform advanced troubleshooting and repairs of mechanical and electrical equipment and systems using CAT ET and other diagnostic software.
  • Use wiring schematics and technical manuals and guides to repair, maintain, and calibrate instrumentation and other control hardware.
  • Document work performed, diagnostic steps taken, and parts used in the company's Computerized Maintenance Management System.
  • Use stop work authority when necessary to support safe operations.
  • Perform general housekeeping and routine maintenance of company property, including the service vehicle and trailer.
  • Maintain compliance with Health, Safety, and Environmental policies by attending required training sessions and safety meetings, using proper Personal Protective Equipment, and following safe driving practices.
  • Perform other duties as assigned.
Desired Qualifications
  • Experience with CAT G3520 engine packages is preferred.
  • Experience with Solar SMT60 turbine packages is preferred.

About the company

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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Simplify Jobs

Simplify's Take

What believers are saying

  • Q2 2026 Adjusted EBITDA rose to $45 million, up 23% from Q1.
  • The $690 million 0% convertible financing funds power equipment without near-term interest burden.
  • Dual listing on NYSE Texas and new Targa contracts broaden investor visibility and backlog.

What critics are saying

  • Q2 2026 revenue still only 13% sequential growth, while net loss widened to $8 million.
  • Core completions remain cyclical; severe Permian weather and frac disruptions hit Q2 execution.
  • Chief Accounting Officer Celina Davila resigns October 30, 2026, increasing control and continuity risk.

What makes ProPetro unique

  • PROPWR secured Caterpillar access for 2.1 gigawatts, targeting 2.6 gigawatts by 2031.
  • ProPetro’s electric frac fleet and Permian-only focus keep operations tightly aligned to core demand.
  • Targa contracts committed 230 megawatts, lifting PROPWR’s booked capacity to 510 megawatts.

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Growth & Insights and Company News

6 month growth

10%

1 year growth

9%

2 year growth

9%
AD HOC NEWS
Oct 20th, 2026
Barclays cuts target for ProPetro Holding stock to USD 17.00.

Barclays cuts target for ProPetro Holding stock to USD 17.00. Published on 10/20/2026 at 19:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Morgan Stanley set a USD 12.00 target on October 14, 2026. ProPetro Holding stock costs EUR 6.78 on October 20, 2026 at 7:01 p.m. CEST. Analyst targets and operating figures. * Barclays lowered its ProPetro target from USD 18.00 to USD 17.00 on October 15, 2026. * Morgan Stanley set a USD 12.00 target with a Hold rating on October 14, 2026. * ProPetro Holding stock costs EUR 6.78 at Lang & Schwarz on October 20, 2026 at 7:01 p.m. CEST. * Second-quarter revenue was USD 305.81 million, down 6.24 percent from the prior-year quarter. Barclays lowered its price target for ProPetro Holding from USD 18.00 to USD 17.00 on October 15, 2026, while keeping an Overweight rating, according to Markets Insider. ProPetro Holding stock was trading at EUR 6.78 at Lang & Schwarz on October 20, 2026 at 7:01 p.m. CEST. Morgan Stanley sets a lower bar. Morgan Stanley maintained a Hold rating and set a USD 12.00 target on October 14, 2026, according to Markets Insider. The two recent target changes leave a wide spread between the USD 12.00 Morgan Stanley view and the USD 17.00 Barclays target. Revenue fell in the second quarter. ProPetro reported USD 305.81 million of revenue for the second quarter ended June 30, 2026, compared with USD 326.15 million in the prior-year quarter. That was a 6.24 percent decline. The company also posted a GAAP net loss of USD 8.11 million, versus a USD 7.16 million loss a year earlier, according to Markets Insider. Price position and reporting date. The primary-market quote was USD 7.61 on the NYSE on October 20, 2026 at 1:07 p.m. ET, down USD 0.20 from the prior close. The same-day 52-week range was USD 5.68 to USD 18.50, placing the quote 33.98 percent above its yearly low. Trading volume reached 1,800,978 shares, while market capitalization stood at USD 934.1 million. ProPetro's next reporting date is October 28, 2026, when the company is scheduled to release third-quarter results. The date appears on the company's investor-relations page, which also lists the second-quarter report for the period ended June 30, 2026: ProPetro Holding. Analyst targets remain dispersed. The current target range shows how differently analysts value the oilfield-services provider. Barclays' USD 17.00 target is USD 5.00 above the Morgan Stanley target, while both remain above the NYSE quote of USD 7.61. The target reductions also contrast with the company's second-quarter revenue decline and continuing GAAP loss. Stock price and investor perspective. For investors, the next quantified checkpoint is the third-quarter report on October 28, 2026. Revenue, earnings and any update to operating expectations will determine whether the recent target cuts become a broader valuation reset or remain isolated research revisions. The stock was trading at EUR 6.78 at Lang & Schwarz on October 20, 2026 at 7:01 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of ProPetro Holding stock. ProPetro Holding stock at a glance. * Company: ProPetro Holding Corp. * ISIN: US74347M1080 * Ticker: PUMP * Primary exchange: NYSE * Price Lang & Schwarz (as of October 20, 2026, 7:01 p.m. CEST): EUR 6.78 * Market capitalization: USD 934.1 million (as of October 20, 2026) * 52-week range: USD 5.68-18.50 (as of October 20, 2026) * Sector / Industry: Energy / Oil and Gas Equipment and Services Sponsored Ad ProPetro stock: new analysis - 23 October. Fresh ProPetro information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | US74347M1080 | PUMP | boerse | 70376469 | bgmi

Energy Jobline
Sep 23rd, 2026
ProPetro's PROPWR signs 230-MW power deal with Targa for Permian gas processing.

ProPetro's PROPWR signs 230-MW power deal with Targa for Permian gas processing. September 23, 2026 ProPetro's PROPWR has signed long-term contracts to provide approximately 230 MW of behind-the-meter power generation for Targa Resources' Permian basin natural gas processing operations, with full deployment expected in early 2028. (P&GJ) - ProPetro Holding Corp.'s PROPWR business has signed long-term contracts with a Targa Resources subsidiary to provide approximately 230 MW of behind-the-meter power generation capacity for natural gas processing infrastructure in the Permian basin. Full deployment of the power generation capacity is expected in early 2028. The new agreements bring PROPWR's total contracted capacity to approximately 510 MW. That figure also reflects previously announced oil and gas power capacity that is no longer under contract, allowing PROPWR to redeploy the associated capacity to Targa and make additional megawatts available for potential data center projects beginning in 2027. ProPetro said the Targa contracts will support continued investment in Permian basin natural gas processing infrastructure as U.S. gas demand grows from LNG exports, data center and artificial intelligence development, and additional gas-fired power generation. "These contracts reflect the significant and growing demand for reliable, behind-the-meter power across the energy value chain, and the essential role midstream infrastructure plays in moving Permian gas to various end markets," ProPetro CEO Sam Sledge said. Sledge said the agreements demonstrate PROPWR's ability to provide power at scale and establish a new long-term relationship with Targa as the midstream company continues to expand its infrastructure footprint.

Yahoo Finance
Aug 24th, 2026
ANI Pharmaceuticals targets $1.6B market cap with 34.7% revenue growth, while Revolve and ProPetro face challenges

ANI Pharmaceuticals, a developer and marketer of branded and generic prescription drugs with a focus on rare disease treatments, stands out among Russell 2000 stocks. The company's portfolio includes 116 pharmaceutical products. ANI delivered 34.7% annual revenue growth over the past two years, indicating market share gains. Earnings per share increased 19.9% annually over five years, outperforming peers. The company's free cash flow margin improved by 38.5 percentage points over five years, providing resources for growth initiatives, share buybacks, or dividends. Meanwhile, fashion retailer Revolve and hydraulic fracturing services provider ProPetro face challenges. Revolve's 6.6% annual sales growth and 6.5% customer growth over three years underperformed, whilst high marketing expenses suggest heavy spending on customer acquisition. ProPetro's modest revenue base and declining EBITDA margin limit its competitiveness.

Insider Monkey
Jun 8th, 2026
Should you Buy Caterpillar (CAT) amidst the data center build out?

Should you Buy Caterpillar (CAT) amidst the data center build out? Published on june 8, 2026 at 6:55 am by ramish cheema in news. Agricultural, construction, and power generation equipment manufacturer Caterpillar Inc. (NYSE:CAT)'s shares are up by 165% over the past year and by 55% year-to-date. The artificial intelligence boom has also proven to be a boon for the firm's power generation products. For instance, ProPetro Holding Corp announced an agreement with Caterpillar Inc. (NYSE:CAT) to purchase power generation assets capable of generating up to 2.1 billion gigawatts of power over the next five years. Caterpillar Inc. (NYSE:CAT)'s forward P/E ratio of 31.35 is higher than the machinery sector's average of 24.06. Evercore ISI discussed the firm on May 11th as it raised the share price target to $1,103 from $878 and reiterated a Buy rating on the shares. CNBC's Jim Cramer discussed Caterpillar Inc. (NYSE:CAT) and its multiple in his May 15th appearance on Mad Money: "So let's go to our game plan for next week... Monday's Caterpillar, this division, okay, it's integral to data center construction, and it's hosting a headquarters visit for investors right now. CAT trades at 36 times earnings. It's like a tech stock. Oh, you know, I like CAT, but this has become overheated. If this division, well, this division has everybody excited. Perhaps it merits the premium. We have to find out." While we acknowledge the risk and potential of CAT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CAT and that has 10,000% upside potential, check out our report about the cheapest AI stock.

Cahill Gordon & Reindel LLP
May 19th, 2026
ProPetro amends $350M credit facility with increased commitments and extended maturities

ProPetro Services has amended its $350 million revolving credit facility to increase commitments and extend maturities. Cahill represented the lead arrangers in the transaction. The credit facility amendment provides ProPetro, an oilfield services company, with enhanced financial flexibility through expanded borrowing capacity and longer repayment terms.