ProPetro Q2 Loss Wider Than Expected, Revenues Beat Estimates
ProPetro Holding Corp. reported a Q2 loss that was wider than expected, while its revenues beat estimates. The company also projected 2026 capital expenditures of $525-$595 million, with Completions spending of $125-$145 million and PROPWR spending of $400-$450 million.
Why it matters — The 2026 capex guidance signals ProPetro's planned investment across its Completions and PROPWR segments, giving PUMP watchers insight into future spending priorities alongside the company's quarterly results.