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ProPetro Holding Corp.

Oil and Gas / Energy Midland, Texas, USA ~300 employees
Founded
--
Employees (Est.)
~300
15 leaders known
Total Funding
$150.0M
Funding Rounds
1
Last Funding
2026-01-28

About ProPetro Holding Corp.

ProPetro Services is a customer-focused and team-driven company that provides hydraulic fracturing and complementary services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources, with a strategic focus on the resource-rich Permian Basin. The company is dedicated to environmental stewardship, social responsibility, and superior performance through modern equipment and sustainable innovations.

Products & Services

Hydraulic Fracturing:Core service for oil and gas exploration and production, focusing on unconventional resources.
Cementing:Complementary service supporting well construction and integrity in oil and gas operations.
Silvertip Wireline:Specialized wireline services for completions in oil and gas wells.
FORCE Electric Fleet:An electric-powered fleet for fracturing operations, including components like Blender, Data Van, Pump, and Switch Gear, aimed at reducing environmental impact.
PROPWR:Power solutions tailored for oilfield operations.
Aqua Prop:Innovative water management or proppant solutions for fracturing operations.

Specialties

Hydraulic Fracturing Electric Fleet Technology Environmental Sustainability in Oilfield Operations Wireline Services Permian Basin Operations

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Public Offering
T: -
FT: Public Offering
A: 150000000
MR: -
FA: 150,000,000
FAN: 150000000
D: 2026-01-28
FD: 2026-01-28
4 investors
Public Offering Latest
2026-01-28
$150.0M
4 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

P

Phillip A. Gobe

Chairman of the Board

S

Sam Sledge

Chief Executive Officer and Director

A

Anthony Best

Director

S

Spencer D. Armour III

Director

M

Mark S. Berg

Director

G

G. Larry Lawrence

Director

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Recent News

ProPetro Holding Corp. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Oil and Gas / Energy
Company Size
~300 employees (est.)
Locations
Midland, Texas, USA
Midland, Texas

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