ProPetro Holding Corp. (NYSE:PUMP) an oilfield services provider, is expected to report second quarter earnings results, after market close, on Tuesday 4th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.2 per share.
Looking ahead, the full year loss are expected at $ 0.69 per share on the revenues of $ 753.32 million.
Previous Quarter Performance
ProPetro Holding Corp. unveiled income for the first quarter of $ 0.09 per share, from the revenue of $ 395.07 million. The quarterly earnings down 86.96 percent while revenues contracted 27.67 percent compared with the same quarter last year.
According to street consensus, PUMP was expected to report 1Q20 income of $ 0.20 per share from revenue of $ 390.56 million. The bottom line results missed street analysts by $ 0.11 or 55 percent, at the same time, top line results outshined analysts by $ 4.51 million or 1.15 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of ProPetro Holding Corp.
Stock Performance
According to the previous trading day, closing price of PUMP was $ 5.53, representing a 306.62 % increase from the 52 week low of $ 1.36 and a 68.45 % decrease over the 52 week high of $ 17.53.
The company has a market capital of $ 557.92 million and is part of the Energy sector and Oil & Gas Equipment & Services industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”PUMP” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 15th July 2020, upgraded by Cowen to Outperform from Market Perform rating, with $ 8.50 target price.
ProPetro Holding Corp., an oilfield services company, provides pressure pumping and other related services. The company offers hydraulic fracturing services; and a suite of well completion and production services, including cementing, acidizing, coiled tubing, flowback, surface air drilling, and drilling services. It serves the upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources in the Permian Basin.
