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    Houston Oil Companies

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    ProPetro Holding Corp.

    NYSE: PUMP

    Profile compiled and reviewed by the Houston Oil Companies Data Team from public filings and company sources.

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    Oilfield Services · Hydraulic Fracturing

    ProPetro Holding Corp.

    PUMP

    ProPetro is a leading Permian Basin-focused hydraulic fracturing company with operations connected to Houston's energy ecosystem.

    Founded
    2005
    Employees
    2,300+
    Revenue
    $1.6 billion (2023)
    HQ
    Midland, TX (Houston presence)
    Hydraulic FracturingElectric Frac FleetsPermian BasinCompletions Services

    ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing hydraulic fracturing, completions, and other complementary services exclusively in the Permian Basin. While headquartered in Midland, ProPetro is deeply connected to Houston's energy ecosystem, serving many Houston-headquartered E&P companies and maintaining business relationships centered in Houston.

    Headquarters

    Midland, TX (Houston presence)

    Founded

    2005

    Employees

    2,300+

    Revenue

    $1.6 billion (2023)

    CEO

    Sam Sledge

    Website

    propetroservices.com

    History of ProPetro Holding Corp.

    ProPetro was founded in 2005 and went public in 2017. The company grew rapidly alongside the Permian Basin shale boom, becoming one of the largest pressure pumping providers dedicated to the basin. ProPetro has invested heavily in next-generation electric and dual-fuel frac fleets to reduce emissions.

    Operations & Business Segments

    ProPetro operates exclusively in the Permian Basin, providing hydraulic fracturing services with a fleet that includes electric frac spreads, Tier 4 dual-fuel equipment, and conventional diesel units. The company also provides wireline, cementing, and other completion services to Permian Basin operators.

    Headquarters Location

    Midland, TX (Houston presence)

    Key Specialties & Capabilities

    Hydraulic FracturingElectric Frac FleetsPermian BasinCompletions ServicesWirelineDual-Fuel Technology

    Frequently Asked Questions About ProPetro Holding Corp.

    What does ProPetro do?▾
    ProPetro provides hydraulic fracturing (frac) and other completion services exclusively in the Permian Basin, operating one of the largest dedicated frac fleets in the basin.
    Is ProPetro based in Houston?▾
    ProPetro is headquartered in Midland, Texas (in the Permian Basin), but is deeply connected to Houston's energy ecosystem, serving many Houston-based E&P companies.
    What are electric frac fleets?▾
    Electric frac fleets use electric motors instead of diesel engines to power hydraulic fracturing operations, significantly reducing fuel consumption, emissions, noise, and maintenance costs.
    What does ProPetro Holding Corp. do in Houston?▾
    ProPetro Holding Corp. is a oilfield services company based in Midland, TX (Houston presence). ProPetro is a leading Permian Basin-focused hydraulic fracturing company with operations connected to Houston's energy ecosystem.
    Where is ProPetro Holding Corp. headquartered?▾
    ProPetro Holding Corp. is headquartered in Midland, TX (Houston presence), founded in 2005. The company operates in Houston's energy corridor as part of the oilfield services sector.

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