ProPetro

Q2 FY2026 EarningsQ2 FY26 revenue reached $305.8M, down 6.2% YoY, primarily due to a 15.7% decline in Hydraulic Fracturing activity. The newly launched Power Generation segment contributed $9.3M, partially offsetting completions weakness. Net loss widened to $8.1M, with diluted EPS at ($0.07). The company significantly strengthened liquidity to $904.7M following a $690M convertible note offering and $163M equity issuance to fund aggressive expansion into data center power solutions.