ProPetro Holding Corp. (NYSE:PUMP) Q1 2024 Earnings Call Transcript May 1, 2024 ProPetro Holding Corp. beats earnings expectations. Reported EPS is $0.18, expectations were $0.08. PUMP isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, and welcome to the […]
ProPetro (PUMP) expects effective fleet utilization of 14-15% for the second quarter. It also anticipates capital expenditures in the range of $200-$250 million for 2024.
ProPetro (PUMP) delivered earnings and revenue surprises of 125% and 1.58%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?