ProFrac Holding
ACDC

$8.35

1.08%

Market Cap: 1.34B

About: ProFrac Holding Corp is engaged in providing hydraulic fracturing, completion services, and other complementary products and services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. Its operations are focused in West Texas, East Texas/Louisiana, South Texas, Oklahoma, Uinta, and Appalachian. The company operates in three segments: stimulation services, manufacturing, and proppant production. Stimulation services, which generate the majority of the revenue for the company operate a fleet of mobile hydraulic fracturing units and other auxiliary equipment that generates revenue by providing stimulation services.

Employees: 2,949

Energy Oil & Gas Field Services

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

81% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 16

15% more funds holding

Funds holding: 89 [Q4 2023] → 102 (+13) [Q1 2024]

10% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 29

0.11% more ownership

Funds ownership: 12.75% [Q4 2023] → 12.85% (+0.11%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

0% less capital invested

Capital invested by funds: $172M [Q4 2023] → $172M (-$757K) [Q1 2024]

70% less call options, than puts

Call options by funds: $1.15M | Put options by funds: $3.79M

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$8.50

2%

upside

Avg. target

$9.25

11%

upside

High target

$10

20%

upside

4 analyst ratings

2 positive

50%

2 neutral

50%

0 negative

0%

B of A Securities Chase Mulvehill	2%upside $8.5	Neutral Maintained	15 Jul 2024
Piper Sandler Luke Lemoine	8%upside $9	Overweight Maintained	15 Jul 2024
B of A Securities Chase Mulvehill	14%upside $9.5	Neutral Maintained	15 Apr 2024
Stifel Stephen Gengaro	20%upside $10	Buy Maintained	14 Mar 2024

See Analyst Rankings

Financial journalist opinion

ProFrac Holding Corp. Announces Second Quarter 2024 Earnings Release and Conference Call Schedule

WILLOW PARK, Texas , July 24, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its second quarter 2024 financial results prior to the Company's conference call, which will be broadcast live over the Internet, on Thursday, August 8, 2024 at 11:00 a.m. Eastern / 10:00 a.m.

ProFrac Holding Corp. Announces Second Quarter 2024 Earnings Release and Conference Call Schedule

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Insider Buying Heats Up at Fracker, Aircraft and Boat Makers, and More

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Insider Buying of These 6 Stocks Surges: Fracking, Boats, a Buyout Candidate

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Insider Buying of These 6 Stocks Surges: Fracking, Boats, a Buyout Candidate

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Oil prices remain elevated with U.S. oil production 1.4% higher than the record levels of a year ago. Prices of West Texas Intermediate (WTI) are approximately 7% higher than they were a year ago.

Oil's Penny Powerhouses: 3 Small-Cap Stocks Gushing with Potential

ProFrac Holding Corp. Announces CFO Transition

WILLOW PARK, Texas , May 16, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced that Lance Turner will resign from his position as Chief Financial Officer (CFO) effective June 17, 2024. Mr. Turner has agreed to serve as a consultant following his separation from the Company to ensure a smooth and successful transition to the new CFO, Austin Harbour.

ProFrac Holding Corp. Announces CFO Transition

Zacks Investment Research

ProFrac Holding Corp. (ACDC) Q1 Earnings Meet Estimates

ProFrac Holding Corp. (ACDC) came out with quarterly earnings of $0.03 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.91 per share a year ago.

ProFrac Holding Corp. (ACDC) Q1 Earnings Meet Estimates

ProFrac Holding Corp. (ACDC) Q1 2024 Earnings Call Transcript

ProFrac Holding Corp. (NASDAQ:ACDC ) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Michael Messina - Director of Finance Matt Wilks - Executive Chairman & President Ladd Wilks - Chief Executive Officer Lance Turner - Chief Financial Officer Conference Call Participants Blake McLean - Daniel Energy Partners Stephen Gengaro - Stifel Saurabh Pant - Bank of America Don Crist - Johnson Rice Operator Greetings, and welcome to the ProFrac Holding Corp. First Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

ProFrac Holding Corp. (ACDC) Q1 2024 Earnings Call Transcript

ProFrac Holding Corp. Reports First Quarter 2024 Financial and Operational Results

WILLOW PARK, Texas , May 9, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac", or the "Company") today announced financial and operational results for its first quarter ended March 31, 2024. First Quarter 2024 Results Total revenue grew approximately 19% sequentially to $581.5 million over the fourth quarter revenue of 2023 Net income was $3.0 million compared to a net loss of $96.5 million in the fourth quarter of 2023 Adjusted EBITDA(1) grew approximately 46% sequentially over the fourth quarter to $159.7 million Net cash provided by operating activities grew approximately 85% sequentially over the fourth quarter to $79.1 million Capital expenditures totaled $59.9 million Free cash flow(2) grew 102% sequentially to $25.8 million Matt Wilks, ProFrac's Executive Chairman, stated, "We are very pleased with our first quarter results, which demonstrate meaningful progress on the strategic initiatives we began emphasizing in the back half of 2023.

ProFrac Holding Corp. Reports First Quarter 2024 Financial and Operational Results

Zacks Investment Research

Earnings Preview: ProFrac Holding Corp. (ACDC) Q1 Earnings Expected to Decline

ProFrac Holding Corp. (ACDC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: ProFrac Holding Corp. (ACDC) Q1 Earnings Expected to Decline

ProFrac Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Schedule

WILLOW PARK, Texas , April 16, 2024 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: ACDC) ("ProFrac" or the "Company") announced today that it will report its first quarter 2024 financial results prior to the Company's live conference call, which will be broadcast live over the Internet, on Thursday, May 9, 2024 at 11:00 a.m. Eastern / 10:00 a.m.

ProFrac Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Schedule

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