Stock Information
symbol line chart

ACDCProFrac Holding Corp

Upcoming Earnings

We were not able to find an announced earnings date for this symbol yet. Check back again later

Company Info

CEO

Ladd Wilks

Location

Texas, USA

Exchange

Nasdaq

Website

https://profrac.com

Summary

We are a growth-oriented, vertically integrated and innovation-driven energy services company providing hydraulic fracturing, completion services and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production (“E&P”) of North American unconventional oil and natural gas resources.

Company Info

CEO

Ladd Wilks

Location

Texas, USA

Exchange

Nasdaq

Website

https://profrac.com

Summary

We are a growth-oriented, vertically integrated and innovation-driven energy services company providing hydraulic fracturing, completion services and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production (“E&P”) of North American unconventional oil and natural gas resources.

AI Insights for ACDC
3 min read

Quick Summary

ProFrac Holding Corp, trading under ACDC, is a vertically integrated energy services company focused on hydraulic fracturing, completion services, and related oilfield products. The company serves upstream oil and gas exploration and production customers that develop unconventional oil and natural gas resources in North America. Its main customers are shale-focused E&P operators that need pressure pumping, well completion support, and complementary services to bring wells into production. ProFrac operates in a highly cyclical industry where demand depends heavily on drilling and completion budgets, oil and natural gas prices, and producer cash-flow discipline. The company is headquartered in Willow Park, Texas, and its business model emphasizes integration, scale, and operational efficiency in the North American oilfield services market.

The Bull Case

  • ProFrac’s main strength is its focused position in hydraulic fracturing and completion services for North American unconventional oil and gas producers.
  • Its vertically integrated model can help it coordinate equipment, materials, logistics, and field execution more effectively than less integrated competitors.
  • The company operates in a service category that remains essential for shale production, meaning customers need these services when they complete wells and bring production online.
  • ProFrac also describes itself as innovation-driven, which may support efficiency improvements and customer value if it can translate technology into lower well costs or better performance.
  • Its market capitalization of about $765 million gives it public-market visibility while still leaving room for operational upside if profitability improves.

The Bear Case

  • ProFrac’s most visible weakness is its current lack of profitability, with negative net income of $80.8 million and negative EPS of $0.47 in the provided quarter.
  • The company also reported negative operating income, which suggests that gross profit was not sufficient to cover operating expenses and other cost burdens.
  • Its business is capital intensive, and pressure pumping fleets require ongoing maintenance, upgrades, and utilization to generate acceptable returns.
  • The company has no dividend yield, so shareholders are relying primarily on capital appreciation rather than income.
  • Another weakness is high cyclicality, because demand can fall quickly when E&P customers reduce drilling and completion budgets.

Key Risks

  • The biggest risk for ProFrac is a downturn in oil and natural gas prices that causes E&P customers to cut completion spending.
  • The company is exposed to intense competition in pressure pumping, and pricing can weaken quickly when there is excess equipment capacity in the market.
  • Its current losses create financial risk because investors may demand evidence of a path to sustainable profitability and positive free cash flow.
  • Inflation in labor, fuel, parts, sand, and maintenance costs can pressure margins if those costs cannot be passed through to customers.

What to Watch

UpcomingThe most recent reported quarter was Q2 2026, and the provided fundamental data shows a challenging operating period for ProFrac.
UpcomingRevenue was $449.6 million, while total gross profit was $95.2 million, indicating the company generated positive gross profit but still faced pressure below the gross margin line.
UpcomingOperating income was negative $46.4 million, and net income was negative $80.8 million, showing that the company remained unprofitable during the quarter.
ExpectedFor the next quarter, investors will likely watch whether ProFrac can improve margins, reduce losses, and stabilize revenue against a mixed oilfield services backdrop.

Price Drivers

  • ACDC’s stock price is likely driven first by oil and natural gas activity levels because ProFrac’s revenue depends on customer demand for hydraulic fracturing and completion services.
  • The company reported quarterly operating revenue of $449.6 million, gross profit of $95.2 million, an operating loss of $46.4 million, and net income of negative $80.8 million, so investors are likely focused on whether losses can narrow.
  • Earnings per share of negative $0.47 and a price-to-earnings ratio of zero indicate that profitability remains a key issue for valuation.
  • The stock also has a beta of 1.465, suggesting it can move more sharply than the broader market when energy sentiment changes.

Recent News

  • The provided recent news feed does not include a direct ProFrac-specific press release, acquisition, partnership, or controversy.
  • However, it includes oilfield services news from Expro Group, which reported 2025 revenue of $1.6 billion, adjusted EBITDA of $353 million, free cash flow of $127 million, and a $2.5 billion backlog.
  • Expro’s outlook for flat 2026 revenue, seasonal weakness, and margin focus is relevant because it reflects a cautious broader oilfield services environment.
  • The feed also includes Smart Sand commentary, highlighting fracking sand pricing, volume growth, and cyclicality, which is relevant to the hydraulic fracturing supply chain.

Market Trends

  • The market for ProFrac is shaped by North American shale activity, commodity prices, capital discipline among E&P companies, and service capacity levels.
  • Oilfield service companies are increasingly focused on margins, efficiency, and free cash flow rather than growth at any cost.
  • Customers are also demanding reliable execution, lower completion costs, and technologies that can reduce emissions or fuel consumption at the wellsite.
  • Fracking sand, labor, diesel, maintenance, and equipment availability remain important cost factors for the broader hydraulic fracturing industry.

AI-generated summary. Not investment advice. DYOR.

Community Research

Research from investors like you

Be the first to share your analysis on ACDC

Help fellow investors make informed decisions by sharing your research on fundamentals, catalysts, and outlook.

Topics: Company overview • Products • Competitors • Strengths & Risks

Symbol's posts

No more topics to show