PUMP Profile
ProPetro Holding Corp., headquartered in Midland, Texas, is a prominent player in the oilfield services sector, specializing in hydraulic fracturing and a comprehensive suite of related offerings. The company operates through distinct segments including Pressure Pumping and All Other, delivering critical services such as cementing, acidizing, and coiled tubing to support the exploration and production activities of North American oil and gas firms. ProPetro Holding Corp. distinguishes itself through its robust fleet and technological capabilities, ensuring operational excellence and efficiency in demanding energy markets.
Founded in 2007, ProPetro Holding Corp. has evolved into a cornerstone of the oilfield services industry, characterized by its substantial fleet of hydraulic fracturing units. As of December 31, 2021, the company's fleet comprises 12 units equipped with 1,423,000 hydraulic horsepower, underscoring its capacity to handle large-scale projects across diverse geological formations. ProPetro's strategic footprint and technological prowess enable it to meet the complex needs of its clientele while adhering to stringent environmental and safety standards.
ProPetro Holding Corp. remains committed to innovation and operational excellence, continually enhancing its service offerings to align with industry trends and client requirements. The company's dedication to quality and reliability extends beyond hydraulic fracturing to encompass comprehensive support services that optimize well productivity and operational efficiency. ProPetro's customer-focused approach and commitment to sustainability underscore its role as a trusted partner in the sustainable development of North American energy resources.
With a forward-looking strategy and a resilient operational framework, ProPetro Holding Corp. stands poised to navigate the dynamics of the global energy landscape. The company's strategic initiatives and investment in cutting-edge technologies position it at the forefront of the oilfield services sector, driving value for shareholders and stakeholders alike. ProPetro's Midland base serves as a hub for innovation and operational excellence, reflecting its leadership in delivering critical services essential to the success of the oil and gas industry.
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