ProPetro’s Q3 2025 results reveal power division growth and tighter budgets
ProPetro has released its third-quarter results for 2025 while updating plans for its power division. The company also tightened its capital budget for the year. Despite mixed performance against market expectations, the firm reported steady free cash flow and progress in expanding its energy services.
ProPetro’s third-quarter revenues broke down into 71% from frac operations, 18% from wireline, and 11% from cementing. Power revenues are set to begin in the fourth quarter, marking a new phase for the company’s energy division.
ProPetro’s latest updates highlight steady progress in its power division alongside cautious financial management. The company’s adjusted budget and financing deal position it for further expansion in energy services. Shareholder returns, however, will wait until at least 2027, with buybacks prioritised over dividends.
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