ProPetro (PUMP) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

ProPetro Revenue Highlights

Latest Revenue (Y)

$1.63B

Latest Revenue (Q)

$360.87M

Main Segment (Y)

Corporate and Other

ProPetro Revenue by Period

ProPetro Revenue by Year

Date	Revenue	Change
2023-12-31	$1.63B	27.40%
2022-12-31	$1.28B	46.33%
2021-12-31	$874.51M	10.81%
2020-12-31	$789.23M	-61.54%
2019-12-31	$2.05B	20.40%
2018-12-31	$1.70B	73.60%
2017-12-31	$981.87M	124.72%
2016-12-31	$436.92M	-23.30%
2015-12-31	$569.62M	-

ProPetro generated $1.63B in revenue during NA 2023, up 27.40% compared to the previous quarter, and up 95.65% compared to the same period a year ago.

ProPetro Revenue by Quarter

Date	Revenue	Change
2024-09-30	$360.87M	1.08%
2024-06-30	$357.02M	-12.03%
2024-03-31	$405.84M	16.70%
2023-12-31	$347.78M	-17.94%
2023-09-30	$423.80M	-2.63%
2023-06-30	$435.25M	2.76%
2023-03-31	$423.57M	21.39%
2022-12-31	$348.93M	4.78%
2022-09-30	$333.01M	5.69%
2022-06-30	$315.08M	11.46%
2022-03-31	$282.68M	14.88%
2021-12-31	$246.07M	-1.61%
2021-09-30	$250.10M	15.31%
2021-06-30	$216.89M	34.33%
2021-03-31	$161.46M	4.61%
2020-12-31	$154.34M	15.43%
2020-09-30	$133.71M	26.01%
2020-06-30	$106.11M	-73.14%
2020-03-31	$395.07M	-9.14%
2019-12-31	$434.79M	-19.76%
2019-09-30	$541.85M	2.33%
2019-06-30	$529.49M	-3.05%
2019-03-31	$546.18M	28.39%
2018-12-31	$425.41M	-1.99%
2018-09-30	$434.04M	-5.62%
2018-06-30	$459.89M	19.38%
2018-03-31	$385.22M	22.79%
2017-12-31	$313.71M	10.96%
2017-09-30	$282.73M	32.43%
2017-06-30	$213.49M	24.17%
2017-03-31	$171.93M	4.89%
2016-12-31	$163.92M	40.22%
2016-09-30	$116.90M	71.50%
2016-06-30	$68.17M	-22.48%
2016-03-31	$87.93M	-33.32%
2015-12-31	$131.87M	-

ProPetro generated $360.87M in revenue during Q3 2024, up 1.08% compared to the previous quarter, and up 82.91% compared to the same period a year ago.

ProPetro Revenue Breakdown

ProPetro Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Corporate and Other	$120.28M	$13.44M	$16.87M	$15.76M	$50.69M
Pressure Pumping Segment	-	$1.27B	$857.64M	$773.47M	$2.00B

ProPetro's latest annual revenue breakdown by segment (product or service), as of Dec 23: Corporate and Other (100.00%).

Quarterly Revenue by Product

Product/Service	Mar 24	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Sep 18
Corporate and Other	$35.74M	-	-	-	$2.23M	$5.64M	$5.57M	$5.72M	$4.46M	$3.43M	$3.27M	$2.92M	$2.39M	$2.29M	$8.15M	$13.00M	$13.63M	$14.12M	$12.61M	-
Completion Services	-	$423.80M	$435.25M	$423.57M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Segments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pressure Pumping Segment	-	-	-	-	$348.93M	$330.78M	$309.44M	$277.11M	$240.35M	$245.64M	$213.46M	$158.19M	$151.42M	$131.32M	$103.81M	$386.92M	$528.85M	$515.87M	$532.06M	$421.44M

ProPetro's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Corporate and Other (100.00%).

ProPetro Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
LBRT	Liberty Energy	$4.75B	$1.14B
PUMP	ProPetro	$1.63B	$360.87M
RES	RPC	$1.62B	$337.65M
VTOL	Bristow Group	$1.23B	$365.12M
AROC	Archrock	$990.34M	$270.53M
KLXE	KLX Energy Services	$888.40M	$188.90M
NR	Newpark Resources	$749.60M	$-188.15M
RNGR	Ranger Energy Services	$636.60M	$153.00M
FTK	Flotek Industries	$188.06M	$49.74M

PUMP Revenue FAQ

What is ProPetro’s yearly revenue?

ProPetro's yearly revenue for 2023 was $1.63B, representing an increase of 27.40% compared to 2022. The company's yearly revenue for 2022 was $1.28B, representing an increase of 46.33% compared to 2021. PUMP's yearly revenue for 2021 was $874.51M, representing an increase of 10.81% compared to 2020.

What is ProPetro’s quarterly revenue?

ProPetro's quarterly revenue for Q3 2024 was $360.87M, a 1.08% increase from the previous quarter (Q2 2024), and a -14.85% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $357.02M, a -12.03% decrease from the previous quarter (Q1 2024), and a -17.97% decrease year-over-year (Q2 2023). PUMP's quarterly revenue for Q1 2024 was $405.84M, a 16.70% increase from the previous quarter (Q4 2023), and a -4.19% decrease year-over-year (Q1 2023).

What is ProPetro’s revenue growth rate?

ProPetro's revenue growth rate for the last 3 years (2021-2023) was 86.43%, and for the last 5 years (2019-2023) was -20.56%.

What are ProPetro’s revenue streams?

ProPetro's revenue streams in c 23 are Corporate and Other

What is ProPetro’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of ProPetro was Corporate and Other. This segment made a revenue of $120.28M, representing 100.00% of the company's total revenue.