ProPetro (PUMP) Revenue & Revenue Breakdown
ProPetro Revenue Highlights
Latest Revenue (Y)
$1.63B
Latest Revenue (Q)
$357.02M
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 |
|---|---|---|
| 2024-06-30 | $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 $357.02M in revenue during Q2 2024, up -12.03% compared to the previous quarter, and up 84.29% 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 | $1.16B |
| NEX | NexTier Oilfield Solutions | $3.24B | $945.09M |
| PUMP | ProPetro | $1.63B | $357.02M |
| RES | RPC | $1.62B | $364.15M |
| SLCA | U.S. Silica | $1.55B | $317.51M |
| VTOL | Bristow Group | $1.23B | $338.09M |
| AROC | Archrock | $990.34M | $270.53M |
| KLXE | KLX Energy Services | $888.40M | $180.20M |
| NR | Newpark Resources | $749.60M | $179.01M |
| RNGR | Ranger Energy Services | $636.60M | $138.10M |
| SOI | Solaris Oilfield Infrastructure | $292.95M | $73.89M |
| FTK | Flotek Industries | $188.06M | $40.37M |
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 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). The company'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). PUMP's quarterly revenue for Q4 2023 was $347.78M, a -17.94% decrease from the previous quarter (Q3 2023), and a -0.33% decrease year-over-year (Q4 2022).
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.