Dale Redman - ProPetro Holding CEO, Director

PUMP Stock  USD 7.95  0.28  3.65%   

CEO

Mr. Dale Jackie Redman is a Chief Executive Officer, Director of the PROPETRO HOLDING CORP. Mr. Dale Redman is a cofounder of ProPetro and was Chief Executive Officer since 2008 and a member of the Board since 2005. Mr. Redman has over 33 years of executive and entrepreneurial experience in the energy services industry. He was a cofounder and Chief Executive Officer of Downhole Injection Systems, LLC, which was sold in 2004. Prior to that, Mr. Redman was President and Chief Executive Officer of Reef Chemical Company from 1993 to 1998 since 2008.
Age 57
Tenure 16 years
Address 303 West Wall Street, Midland, TX, United States, 79701
Phone432 688 0012
Webhttps://www.propetroservices.com
Redman received a B.B.A. in Finance from Texas Tech University.

ProPetro Holding Management Efficiency

The company has return on total asset (ROA) of 0.0916 % which means that it generated a profit of $0.0916 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0877 %, meaning that it created $0.0877 on every $100 dollars invested by stockholders. ProPetro Holding's management efficiency ratios could be used to measure how well ProPetro Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of 03/28/2024, Return On Capital Employed is likely to grow to 0.18. Also, Return On Assets is likely to grow to 0.06. At this time, ProPetro Holding's Non Current Liabilities Other is relatively stable compared to the past year. As of 03/28/2024, Change To Liabilities is likely to grow to about 25.9 M, while Total Current Liabilities is likely to drop slightly above 236.3 M.
The company currently holds 148.58 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. ProPetro Holding Corp has a current ratio of 1.31, which is within standard range for the sector. Debt can assist ProPetro Holding until it has trouble settling it off, either with new capital or with free cash flow. So, ProPetro Holding's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ProPetro Holding Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ProPetro to invest in growth at high rates of return. When we think about ProPetro Holding's use of debt, we should always consider it together with cash and equity.

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ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas. ProPetro Holding operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1500 people. ProPetro Holding Corp (PUMP) is traded on New York Stock Exchange in USA. It is located in 303 West Wall Street, Midland, TX, United States, 79701 and employs 2,070 people. ProPetro Holding is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

ProPetro Holding Corp Leadership Team

Elected by the shareholders, the ProPetro Holding's board of directors comprises two types of representatives: ProPetro Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ProPetro. The board's role is to monitor ProPetro Holding's management team and ensure that shareholders' interests are well served. ProPetro Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ProPetro Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michele Choka, Independent Director
Joe Breeland, Vice President - Sales
David Sledge, COO
David Schorlemer, Chief Financial Officer
Elo Omavuezi, Chief Accounting Officer
Josh Jones, Director Fin
Joseph Mandato, Independent Director
Stephen Herman, Director
Anthony Best, Lead Independent Director
Francesco Ciabatti, Director Nominee
Mark Berg, Director
Peter Bisgaard, Independent Director
Eric Steuben, Vice President - Operations
Ian Denholm, Chief Accounting Officer
Casper Breum, Independent Director
Steven Beal, Director
John Mitchell, General Secretary
Richard Thompson, Independent Chairman of the Board
Lawrence Kinet, Independent Director
Christopher Lowe, Independent Director
Wenkang Qi, VP of RandD
Schuyler Coppedge, Director
Sam Sledge, IR Contact Officer
David Thrower, CEO and Pres
Royce Mitchell, Independent Director
Mark Howell, General Counsel, Corporate Secretary - Designate
Christopher Leininger, Director
Ed Sinclair, Vice President - Regulatory & Quality Affairs
Celina Davila, Chief Officer
Spencer Armour, Chairman of the Board
Phillip Gobe, Executive Chairman of the Board, Chief Executive Officer
Sandra Gardiner, CFO
Adam Munoz, President, Chief Operating Officer
Dale Redman, CEO, Director
Alan Douglas, Independent Director
Jeffrey Smith, CFO
Matt Augustine, Senior Relations
Kathleen Tune, Independent Director
Newton Wilson, General Counsel, Corporate Secretary
Kenneth ElSherif, Vice President – Commercialization
Newton III, Gen Sec
Peter Labbat, Director
Jack Moore, Independent Director
Matthew Himler, Director
Samuel Sledge, Chief Strategy and Administrative Officer
G Lawrence, Independent Director
Pryor Blackwell, Independent Director
Shelby Fietz, Chief Officer

ProPetro Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ProPetro Holding a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ProPetro Holding in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ProPetro Holding's short interest history, or implied volatility extrapolated from ProPetro Holding options trading.

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When determining whether ProPetro Holding Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProPetro Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Propetro Holding Corp Stock. Highlighted below are key reports to facilitate an investment decision about Propetro Holding Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProPetro Holding Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running ProPetro Holding's price analysis, check to measure ProPetro Holding's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ProPetro Holding is operating at the current time. Most of ProPetro Holding's value examination focuses on studying past and present price action to predict the probability of ProPetro Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ProPetro Holding's price. Additionally, you may evaluate how the addition of ProPetro Holding to your portfolios can decrease your overall portfolio volatility.
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Is ProPetro Holding's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProPetro Holding. If investors know ProPetro will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ProPetro Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.22
Earnings Share
0.76
Revenue Per Share
14.428
Quarterly Revenue Growth
(0)
Return On Assets
0.0916
The market value of ProPetro Holding Corp is measured differently than its book value, which is the value of ProPetro that is recorded on the company's balance sheet. Investors also form their own opinion of ProPetro Holding's value that differs from its market value or its book value, called intrinsic value, which is ProPetro Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProPetro Holding's market value can be influenced by many factors that don't directly affect ProPetro Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProPetro Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProPetro Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProPetro Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.