企業概要
ProPetro Holding Corp. is an integrated energy services firm that delivers hydraulic fracturing, wireline, cementing, and complementary completion services alongside power generation solutions to oil and gas producers as well as non-oil and gas industrial projects. The company operates within the Energy sector, specifically the Oil & Gas Equipment & Services industry, positioning it as a critical provider of essential infrastructure and operational support for upstream energy extraction activities. As of the latest reporting period, the organization employs approximately 1,700 individuals and holds a market capitalization of $1.79B with annual revenue reaching $1.27B. These valuation and revenue figures indicate that the company maintains a significant presence in the mid-cap energy services landscape, reflecting its substantial scale in delivering specialized technical capabilities across a diversified portfolio of energy applications.
財務健全性
The company reported revenue of $1.27B over the trailing twelve months, while net income stood at $824,000, creating a substantial disparity that reveals a highly leveraged cost structure with operating expenses consuming the vast majority of top-line proceeds. EBITDA for the period was $196.10M, which serves as a proxy for operational cash generation before interest and tax obligations. Free cash flow amounted to $29.79M, indicating that the company retains a moderate amount of liquidity for capital expenditures and debt servicing despite the low net income. Gross margin stands at 23.7%, operating margin at 3.6%, and profit margin at a minimal 0.1%, suggesting that the business model relies heavily on volume rather than high-margin pricing power. On the balance sheet, cash holdings of $91.33M are significantly lower than total debt of $213.22M, and the debt-to-equity ratio is recorded at 25.70, characterizing the capital structure as highly leveraged rather than conservative. The current ratio of 1.29 suggests that the firm possesses sufficient liquid assets to cover short-term liabilities, though the margin is relatively tight given the high debt burden. Return on equity is 0.1% and return on assets is 1.1%, metrics that collectively indicate limited effectiveness in generating substantial returns on shareholder capital or the asset base relative to the industry norms often seen in capital-intensive sectors.
バリュエーション評価
The trailing twelve-month P/E ratio is 1469.00, whereas the forward P/E is 34.10, a stark divergence that implies the market expects a dramatic turnaround in earnings to align with current stock prices. The price-to-book ratio is 1.85, indicating that the market values the company at a premium of 85% over its net tangible book value. The price-to-sales ratio is 1.41 and the EV/EBITDA stands at 9.76, providing alternative valuation lenses that suggest the stock is priced on future growth expectations rather than current profitability. The 52-week high is $15.18 and the 52-week low is $4.51; without a specific current price provided in the source data, the valuation range remains bounded by these extremes, highlighting the stock's significant volatility over the past year. The beta is 0.75, which signifies that the stock exhibits lower price volatility compared to the broader market, moving with less intensity than the overall equity index during periods of market fluctuation.
Growth & Income
Revenue growth year-over-year declined by 9.6%, while earnings growth is listed as N/A, preventing a direct comparison of earnings expansion relative to sales but highlighting a contraction in the top line. The company does not pay a dividend, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, meaning all available earnings are retained within the business rather than distributed to shareholders. This reinvestment strategy suggests the management prioritizes internal capital allocation or debt reduction over immediate income generation for investors. Consequently, the overall growth and income profile for ProPetro Holding Corp. is characterized by a contraction in recent revenue performance, a highly leveraged financial structure, and a lack of dividend income, reflecting a capital-intensive strategy focused on operational continuity in a challenging industry environment.