ProPetro Holding Corp. (PUMP) financial statements (2022 and earlier)

Company profile

Business Address 1706 S. MIDKIFF ROAD, BUILDING B
MIDLAND, TX 79701
State of Incorp. TX
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1126914913324
Cash and cash equivalents1126914913324
Receivables12884212203200
Inventory, net of allowances, customer advances and progress billings43266
Inventory43266
Prepaid expense7111175
Other current assets01111
Total current assets:251168376349236
Noncurrent Assets
Operating lease, right-of-use asset011
Property, plant and equipment8088801,048913471
Intangible assets, net (including goodwill)  9910
Goodwill  999
Intangible assets, net (excluding goodwill)   00
Other noncurrent assets12332
Other undisclosed noncurrent assets    1
Total noncurrent assets:8108831,061925483
TOTAL ASSETS:1,0611,0511,4361,275719
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities173104230353228
Accounts payable15379193214211
Accrued liabilities21253613817
Interest and dividends payable  000
Debt  3 16
Other undisclosed current liabilities00   
Total current liabilities:174104233353244
Noncurrent Liabilities
Long-term debt and lease obligation001317057
Long-term debt, excluding current maturities  1307057
Operating lease, liability001
Liabilities, other than long-term debt617510305
Deferred tax liabilities, net 5
Deferred income tax liabilities6175103
Other liabilities   00
Other undisclosed noncurrent liabilities   54 
Total noncurrent liabilities:617623412462
Total liabilities:235180467477306
Stockholders' equity
Stockholders' equity attributable to parent826871969797413
Common stock00000
Additional paid in capital845835827818607
Retained earnings (accumulated deficit)(19)36143(20)(194)
Total stockholders' equity:826871969797413
TOTAL LIABILITIES AND EQUITY:1,0611,0511,4361,275719

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues8757892,0521,705982
Revenue, net982
Cost of revenue(662)(584)(1,467)(1,269)(813)
Cost of goods and services sold(662)(584)   
Gross profit:212205585435169
Operating expenses(281)(336)(364)(203)(145)
Operating income (loss):(69)(131)22123324
Nonoperating income (expense)0(3)(8)(8)(8)
Other nonoperating expense (1)(1)(1)(1)
Interest and debt expense(1)(2)(7)(7)(7)
Income (loss) from continuing operations before equity method investments, income taxes:(69)(137)2062188
Other undisclosed income from continuing operations before income taxes12777
Income (loss) from continuing operations before income taxes:(68)(135)21422516
Income tax expense (benefit)1427(50)(51)(3)
Net income (loss) available to common stockholders, diluted:(54)(107)16317413

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(54)(107)16317413
Comprehensive income (loss), net of tax, attributable to parent:(54)(107)16317413

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: