P

ProPetro

Hydraulic fracturing services for upstream oil

Buyer – Power Generation

Full-TimePosted on 10/23/2026
No salary listed
Senior
Bachelor's
Midland, TX, USA
In Person
Operations & LogisticsProcurement & Sourcing

About the job

Requirements
  • At least 6 years of purchasing, supply chain, or project management experience is preferred.
  • A bachelor's degree is preferred; equivalent experience may be considered in lieu of a degree.
  • Power generation, utilities, electrical distribution, or oil and gas industry experience is strongly preferred.
  • Ability to coach, mentor, train, track performance, enact corrective action, and delegate duties to a team.
  • Ability to work with cross-functional teams to reach a common objective.
  • Written and verbal communication skills to communicate with vendors and personnel at all organizational levels.
  • Proficiency with Microsoft Office 365 applications and ability to quickly learn other work-related software systems, including multi-agent artificial intelligence solutions.
  • Familiarity with technical specifications for power-generation equipment and materials, such as turbines, reciprocating gas engines, gas-processing equipment, and electrical components.
  • Understanding of major original equipment manufacturers and suppliers in the power-generation sector, including turbine generators, gas reciprocating engine generators, and distribution components such as cabling, transformers, switchgear, and battery energy storage systems.
  • Ability to read and interpret engineering drawings and technical documents is preferred.
  • Experience overseeing parts and equipment through the purchasing process, including quoting, order placement, lead-time management, and delivery coordination.
  • Organization, attention to detail, and time-management skills.
  • Critical-thinking and analytical skills, including the ability to use data to shape objectives.
  • Ability to perform the role's physical demands, including occasional lifting or moving of up to 20 pounds.
Responsibilities
  • Prepare purchase orders, solicit bid proposals, and review and approve requisitions for goods and services.
  • Execute Category Management strategy in accordance with policies and procedures.
  • Expedite and issue change orders to meet maintenance, field, or project demands.
  • Interview vendors and visit supplier facilities to examine products, services, and prices.
  • Evaluate and negotiate with suppliers, and select suppliers based on price, quality, service, support, availability, reliability, and production and distribution capabilities for goods and services not covered under Category Management.
  • Manage vendor contract compliance by ensuring vendor performance meets requirements established in the contract Scope of Work.
  • Take full responsibility for the procure-to-pay process.
  • Maintain an appropriate supply schedule by determining reorder points for frequently purchased goods.
  • Oversee computerized or manual records of purchased items, costs, deliveries, product performance, and inventories for assigned categories.
  • Serve as the primary liaison and focal point for designated business units, coordinating procurement strategies and plans, processes, resources, and interfaces.
  • Build and maintain relationships with internal customers and vendors, address needs, and mitigate product or service supply and quality issues.
  • Mentor and train procurement personnel as needed.
  • Supervise assigned personnel, including performance management, corrective action, training, defining daily priorities, and creating work schedules.
  • Manage assigned personnel's time and attendance, including timecard approval and paid time off.
  • Assist with hiring assigned personnel, including collaborating with Human Resources recruiters, interviewing candidates, and selecting qualified talent.
  • Maintain compliance with Health, Safety, and Environmental policies by attending required training and safety meetings and using appropriate personal protective equipment.
  • Perform other duties as assigned.
Desired Qualifications
  • At least 6 years of purchasing, supply chain, or project management experience.
  • A bachelor's degree; equivalent experience may be considered in lieu.
  • Experience in power generation, utilities, electrical distribution, or oil and gas.
  • Ability to read and interpret engineering drawings and technical documents.

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%
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.

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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.

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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.

Yahoo Finance
May 14th, 2026
Barclays upgrades ProPetro to overweight after Q1 loss, Caterpillar deal adds 2.1GW power capacity

ProPetro Holding Corp. has been upgraded to Overweight from Equal Weight by Barclays following its first-quarter 2026 results. The oilfield services company reported revenue of $271 million, down 7% from the previous quarter, and a net loss of $4 million. Adjusted EBITDA came to $36 million, representing 13% of revenue and declining 29% quarter-over-quarter. Capital expenditures incurred totalled $85 million. ProPetro announced a strategic framework agreement with Caterpillar, securing access to up to 2.1 additional gigawatts of power generation capacity over five years. The company expects to have approximately 2.6 gigawatts of power generation capacity delivered by year-end 2031. ProPetro provides hydraulic fracturing and complementary services through its hydraulic fracturing, wireline, cementing and power generation segments.