ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. The company operates through Pressure Pumping and All Other segments. It offers cementing, acidizing, and coiled tubing services. The company serves oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. As of December 31, 2021, its fleet comprised 12 hydraulic fracturing units with 1,423,000 hydraulic horsepower. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.
ProPetro Dividend Announcement
• ProPetro does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on ProPetro dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.
ProPetro Dividend History
ProPetro Dividend Yield
ProPetro current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing ProPetro stock? Use our calculator to estimate your expected dividend yield:
ProPetro Financial Ratios
ProPetro Dividend FAQ
1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.
2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.
3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.
4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.
5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
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