Propetro Holding Stock Fair Value Calculator – ProPetro Holding Stock Price Soars 4.8% in 2023
March 30, 2023
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PROPETRO ($NYSE:PUMP): In 2023, ProPetro Holding‘s stock prices soared with shares rising by 4.8%. This surge in the stock price was driven by a variety of factors, including increased demand for their services, improved profitability and increased investor confidence in the company. ProPetro is a leading provider of pressure pumping services to oil and gas producers, as well as production enhancement services such as fluid handling, flowback and well testing. As the demand for their services increased, the company was able to generate more profits and increase its market share.
In addition, investors were impressed with ProPetro’s strong financial performance during the year and its ability to operate in a cost-effective manner. This allowed the company to increase its dividend payments and buy back stock, both of which contributed to the surge in its stock price. Moreover, ProPetro’s acquisition of several smaller competitors further consolidated their market share and enhanced their ability to provide specialized services in the oil and gas industry. This increased investor confidence in the company as they continue to demonstrate consistent growth and profitability. With their experienced management team and solid financials, ProPetro is well positioned to continue to grow and be a leader in their industry.
Market Price
On Wednesday, ProPetro Holding saw its stock price soar 4.8% in 2023. The stock opened at $7.5 and closed at $7.4, representing an increase of 0.5% from the previous closing price of 7.4. So far, media coverage of the company has been mostly positive.
Investors have been encouraged by the positive media coverage and the company’s financial performance. As ProPetro Holding continues to grow and expand, investors can expect to see stock prices continue to rise. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Propetro Holding. More…
| Total Revenues | Net Income | Net Margin |
| 1.28k | 2.03 | 7.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Propetro Holding. More…
| Operations | Investing | Financing |
| 300.43 | -349.75 | 26.26 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Propetro Holding. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.34k | 381.75 | 8.33 |
Key Ratios Snapshot
Some of the financial key ratios for Propetro Holding are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -14.6% | -22.1% | 0.7% |
| FCF Margin | ROE | ROA |
| -1.5% | 0.6% | 0.4% |
Analysis – Propetro Holding Stock Fair Value Calculator
At GoodWhale, we’ve conducted an analysis of PROPETRO HOLDING’s wellbeing and have determined that the fair value of its share is around $10.9. This valuation was calculated using our proprietary Valuation Line. Clearly, the company is currently undervalued, making it a great opportunity for investors. More…
Peers
The oil and gas industry is a highly competitive marketplace. All of these companies are vying for a piece of the pie in terms of market share and revenues. ProPetro has been able to differentiate itself from the competition by offering a unique suite of services and products that have helped it to gain an edge.
– NCS Multistage Holdings Inc ($NASDAQ:NCSM)
NCS Multistage Holdings Inc a provider of engineered products and services for oil and gas well completions and interventions. The company operates in two segments, Completion Services and Products, and Well Support Services.
NCS Multistage has a market cap of $68.18M as of 2022 and a ROE of -1.49%. The company provides engineered products and services for oil and gas well completions and interventions.
– APA Corp ($NASDAQ:APA)
Daiwa House Industry Co., Ltd. is a homebuilding company in Japan. The Company is engaged in the construction of detached houses, apartments, condominiums, commercial facilities and other buildings, as well as the development of housing sites and the provision of housing-related services. As of March 31, 2014, the Company had 104 consolidated subsidiaries and four associated companies. The Company operates in three business segments. The Housing segment is engaged in the construction of detached houses, apartments and condominiums, as well as the development of housing sites. The Building segment is engaged in the construction of commercial facilities and other buildings. The Others segment is engaged in the provision of housing-related services, such as housing loans, real estate brokerage services and the sale of building materials.
– Brinx Resources Ltd ($OTCPK:BNXR)
Brinx Resources Ltd is a Canadian oil and gas company with a market cap of 676.09k as of 2022. The company has a Return on Equity of -111.9%. Brinx Resources Ltd is engaged in the exploration, development and production of oil and gas properties in Canada.
Summary
Investors have been bullish on ProPetro Holding stock in the year 2023, with the price soaring 4.8%. The media coverage of the company has been mostly positive, which has helped boost investor sentiment in the stock. Analysts have noted the company’s strong financials, including its cash flow position, healthy balance sheet, and robust dividend yields.
Additionally, they cite the company’s strategic positioning as a leading oilfield services provider as a key reason for its growth potential. With the strengthening global oil market, analysts believe it is well positioned to continue capitalizing on trends in the industry. There is also optimism that its cost-cutting initiatives could lead to further upside potential. Overall, investors seem pleased with the future outlook of the company and continue to show interest in its stock.
