ProPetro Q4 revenue beats analyst expectations

ProPetro Holding

18/02/2026 12:08

Corrects EPS in Key Details table to $0.01, from $98 mln

Overview

Oilfield services firm's Q4 revenue fell, but beat analyst expectations

Adjusted EBITDA for Q4 increased, beating analyst estimates

Company raised $163 mln through equity offering to support PROPWR growth

Outlook

ProPetro anticipates 2026 capital expenditures between $390 mln and $435 mln

PROPWR capital expenditures expected between $250 mln and $275 mln in 2026

Company expects positive PROPWR earnings in second half of 2026

Result Drivers

COST MANAGEMENT - ProPetro's effective cost management and rationalization efforts improved margins and increased Adjusted EBITDA

PROPWR EXPANSION - Significant investments and new contracts in PROPWR division expected to drive future growth

HOLIDAY IMPACT - Revenue slightly decreased due to reduced hydraulic fracturing activity during holiday period

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$290 mln
$274.95 mln (6 Analysts)
Q4 EPS
$0.01
Q4 Net Income
$742,000
Q4 Adjusted EBITDA
Beat
$51 mln
$38.15 mln (8 Analysts)
Q4 Capex
$64 mln
Q4 EBIT
$6.08 mln
Q4 Pretax Profit
$4.96 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the oil related services and equipment peer group is "buy"

Wall Street's median 12-month price target for ProPetro Holding Corp is $12.00, about 0.1% below its February 17 closing price of $12.01

Press Release: ID:nBwc7g3xTa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)