Propetro Holding Corp. · NYSE:PUMP
Propetro — Q3 2026 Earnings Presentation
18 slides from Propetro's earnings presentation, October 2026
Slide 1: Investor Presentation October 2026
INVESTOR PRESENTATION October 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements Except for historical information contained herein, the statements and information in this presentation, including the oral statements made in connection herewith, are forward- looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securitie
Slide 3: Selected Financial & Non-GAAP Reconciliations
Selected Financial & Non-GAAP Reconciliations This presentation references "Adjusted EBITDA," "Free Cash Flow," and “Free Cash Flow for Completions Business,” which are not financial measures Non-GAAP Reconciliation Three Months Ended Nine Months Ended presented in accordance with GAAP. We define EB
Slide 4: PUMP: Leading energy services provider in the Permian Basin
NYSE Leading energy services provider to blue-chip oil and gas producers in the Permian Basin PUMP Provider of completions and power generation services 3Q26 Revenue $355M Innovating to meet the demand for FORCE® electric hydraulic fracturing fleets 3Q26 Adjusted EBITDA(1) Expanding to meet various
Slide 5: Land of Reliable Energy
Land of Reliable Energy THE PERMIAN BASIN The Permian Basin is one of the most prolific areas for hydrocarbon production globally and Midland, Texas Corporate Headquarters and is renowned for its vast reserves of oil and primary operating facilities natural gas. • ProPetro is strategically located i
Slide 6: A Strategy Yielding Results
A Strategy Yielding Results (In millions except %’s and TOTAL NET INCOME EARNINGS ADJUSTED CASH FLOW FROM TOTAL per share data) REVENUE (LOSS) PER SHARE(1) EBITDA(2)(3) OPERATIONS LIQUIDITY(4) ProPetro delivered a solid third quarter, 3Q26 $355 $13 $0.09 $60 $46 $934 with continued progress in PROPW
Slide 7: PROPWR Roadmap: From Launch to ~2.6 GW
PROPWR Roadmap: From Launch to ~2.6 GW Clear Milestones, Secured Supply, Contracted Growth TODAY ACCOMPLISHED TARGETED MILESTONES MAY 2026 SEP 2026 OCT 2025 $690M convertible Targa ~230 MW contract 4Q 2024 First hyperscaler data offering; marking ~$1.5B announced; ~510 MW EARLY 2028 2032 PROPWR laun
Slide 8: How We Scale: A Modular Architecture
How We Scale: A Modular Architecture PWR~ASSETS → PWR~NODE → PWR~PLANT L E V E L 1 · B U I L D I NG B L O C K LEVEL 2 · REPEATABLE UNIT L E V E L 3 · I N F R A S T R U C T U RE G R A D E PWR~ASSETS PWR~NODE PWR~PLANT Gensets · BESS · Balance of Plant 50 or 100 MW blocks of PWR~ASSETS 50–1 GW+ island
Slide 9: PWR~ASSETS: Our Power Equipment Offering
PWR~ASSETS: Our Power Equipment Offering One Standardized Fleet · Five Platforms IN FLEET IN FLEET IN DEV. IN FLEET NEXT-GEN WHY RECIPROCATING ENGINES Proven, modular, efficient and permit-friendly: Rendering forthcoming Rendering forthcoming the right fit for our customers Proven technology PWR2.0
Slide 10: PROPWR Strategy at a Glance
PROPWR Strategy at a Glance Where We’re Going · How We Get There · When 01 W H E R E W E ’ R E G O I N G 02 H O W W E G E T T H E R E 03 W H E N From Permian microgrids to Standardized equipment, customized ~510 MW contracted today; ~2.6 GW infrastructure-grade power plants configuration, one accoun
Slide 11: Recent PROPWR Milestones
Recent PROPWR Milestones Executed contracts with Targa Resources for Raised ~$1.5 billion over the past 2 years ~230 MW of behind-the-meter Permian power, to fund PROPWR’s growth, including a with full deployment expected in early 2028. $690 million convertible offering completed in May. We will con
Slide 12: Potential PROPWR Growth
Potential PROPWR Growth Illustrative PROPWR Deployed Gigawatt Growth Gigawatts (GWs) already delivered, ordered or available under strategic framework agreement with Caterpillar ~2.6 ~2.2 ~1.7 ~1.2 ~0.8 ~0.5 2027 2028 2029 2030 2031 2032 Illustrative Deployed GWs at Year End Note: There is typically
Slide 13: Operational Execution: Generating Revenue Today
Operational Execution: Generating Revenue Today Field Deployments are a Key Dif ferentiator FIELD LAB — MIDLAND, TX F IRS T HYPERSCALER DATA CENTER PERMIAN MICROGRID Exceptional performance is proven before it DEPLOYMENT PROPWR has deployed equipment across multiple reaches the field. Our Midland te
Slide 14: Speed to Power in a Diversified Market
Speed to Power in a Diversified Market Time to First Power · Ver tical Markets · Market Scale I L L U S T R AT I V E T I M E T O F I R S T P O W E R F O R A N E W L A R G E L O A D GRID INTERCONNECTION Utility queue & transmission build Queue & interconnection studies ~3–7+ years PROPWR BEHIND-THE-M
Slide 15: The Next Generation Frac Fleet
The Next Generation Frac Fleet Fleet Transformation to Match Customer Adoption • Majority of ProPetro’s active hydraulic horsepower is secured under contracts • Most of ProPetro’s active horsepower is also next generation and burns natural gas across our FORCE® electric fleets, Tier IV DGB dual-fuel
Slide 16: FORCE Fleet Performance
FORCE® Fleet Performance LEADING TECHNOLOGY DELIVERING VALUE Four FORCE®(1) fleets operating under contract Lower emissions, quiet operations, and smaller operational footprint Significant fuel savings and 100% diesel displacement Extended equipment lifespan and reduced operating expenses (1) Includ
Slide 17: Committed to Shareholder Value Creation
Committed to Shareholder Value Creation OUR LEADERSHIP Company Management Board of Directors Sam Sledge Adam Muñoz Phillip A. Gobe Anthony Best Chief Executive President and Chief Independent Chairman of the Independent Director, Audit Officer & Director Operating Officer Board Committee Chair Caleb
Slide 18: Investor Contacts
Investor Contacts CORPORATE HEADQUARTERS One Marienfeld Place 110 North Marienfeld, Suite 300 Midland, TX 79701 432.688.0012 www.propetroservices.com INVESTOR RELATIONS MATT AUGUSTINE Vice President, Finance and Investor Relations [email protected] 432.219.7620 © 2026 ProPetro Hold