ProPetro Holding Corp
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Energy : Energy Equipment & Services | Small Cap Growth
Company profile

ProPetro Holding Corp. is an oilfield services company. The Company provides hydraulic fracturing and other complementary services to upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. The Company operates through its pressure pumping and all other segments. The pressure pumping segment consists of downhole pumping services, which include hydraulic fracturing (inclusive of acidizing services) and cementing. Hydraulic fracturing is a well-stimulation technique focused on optimizing hydrocarbon flow paths during the completion phase of shale wellbores. The cementing services use pressure pumping equipment to deliver a slurry of liquid cement that is pumped down a well between the casing and the borehole. The all other segment consists of its coiled tubing, surface air drilling and flowback, which are all downhole well stimulation and completion/remedial services.

Closing Price
$4.99
Day's Change
0.04 (0.81%)
Bid
--
Ask
--
B/A Size
--
Day's High
5.16
Day's Low
4.76
Volume
(Heavy Day)
Volume:
3,445,315

10-day average volume:
1,984,015
3,445,315

Airline stocks rise, in face of Boeing CEO's call that a major carrier will likely go out of business

8:34 am ET May 12, 2020 (MarketWatch)
Print

Shares of airline companies gained ground in premarket trading Tuesday, even Boeing Co. (BA)Chief Executive David Calhoun (http://www.marketwatch.com/story/a-major-us-airline-most-likely-will-go-bankrupt-boeing-ceo-says-in-interview-2020-05-12) said on NBC's "Today" show that a major carrier will "most likely" go out of business as a result of the COVID-19 pandemic. The U.S. Global Jets ETF (JETS) rose 0.4%, with the stocks of the major carriers call gaining ground. Calhoun also said in an interview with "Today" host Savannah Guthrie that it could take three to five years for the airline industry to recover to pre-COVID-19 levels. Among the major U.S. carriers, as identified as components of the Dow Jones Transportation Average , shares of American Airlines Group Inc. (AAL) rose 0.5%, United Airlines Holdings Inc. (UAL) gained 1.6%, Delta Air Lines Inc. (DAL) climbed 2.0%, Southwest Airlines Co. (LUV) rallied 1.4%, JetBlue Airways Corp. (JBLU) advanced 2.0% and Alaska Air Group Inc. (ALK) hiked up 2.2%. The Jets ETF has tumbled 58.5% over the past three months through Monday, while the Dow transports has dropped 25.2% and the Dow Jones Industrial Average has lost 18.0%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 12, 2020 08:34 ET (12:34 GMT)

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