ProPetro Holding Corp announced it will issue its third quarter of 2026 earnings release on Wednesday, October 28, 2026, before the opening of trading. The company will also host a conference call to discuss these results later that morning.

Earnings Call Details

The conference call is scheduled for Wednesday, October 28, 2026, at 8:00 am Central Time. Participants can access the live webcast via the company's website. For those unable to join live, a replay will be available for one week following the event.

Access Information

Company Profile

ProPetro is a Midland, Texas-based provider of premium completion services to upstream oil and gas companies. The company focuses on the exploration and production of North American unconventional oil and natural gas resources. Through its PROPWR division, ProPetro delivers power services using a standardized fleet of gas-to-power solutions for data center, industrial, and energy customers.

ProPetro Holding Corp. (NYSE: PUMP) announced that its PROPWR business unit has entered into new contracts with a subsidiary of Targa Resources Corp. (NYSE: TRGP) to commit approximately 230 megawatts of power generation capacity.

This agreement supports Targa’s continued investment in natural gas processing infrastructure in the Permian Basin, with full deployment expected in early 2028. The new contracts bring PROPWR’s total capacity committed under contract to approximately 510 MW.

Strategic reallocation and capacity expansion

The new agreements reflect a strategic shift in PROPWR’s portfolio. The total committed capacity of 510 MW includes previously announced oil and gas power capacity that is no longer under contract. This recontracting allows PROPWR to redeploy associated capacity to Targa while making additional megawatts available for potential data center deployments starting in 2027.

Sam Sledge, Chief Executive Officer of ProPetro, described Targa as a large, investment-grade counterparty. He noted that these awards highlight PROPWR’s ability to deliver dependable power at scale and view the partnership as durable, supporting Targa’s expanding infrastructure footprint.

Demand drivers and infrastructure support

The infrastructure provided by PROPWR is designed to support growth in U.S. natural gas production. The company cites strong and growing demand across several key sectors:

• Growing liquefied natural gas export demand along the U.S. Gulf Coast
• Increasing investment in power generation for data center and artificial intelligence infrastructure buildout
• Additional grid-connected gas generation resources needed to meet load growth and improve reliability across U.S. power markets

What the numbers show

The disclosure reveals a significant pivot in PROPWR’s contracted base. By moving previously uncommitted or expiring oil and gas capacity into long-term contracts with Targa, ProPetro has solidified its revenue visibility through 2028. Simultaneously, the company retains flexibility by earmarking additional capacity for the high-growth data center sector beginning in 2027, indicating a dual-track strategy balancing traditional energy infrastructure with emerging digital demand.