ProFrac Holding Corp. is a technology-focused, vertically integrated, innovation-driven energy services holding company providing hydraulic fracturing, proppant production, other completion services and other complementary products and services to leading upstream oil and natural gas companies engaged in the exploration and production (“E&P”) of North American unconventional oil and natural gas resources throughout the United States. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies’ most demanding hydraulic fracturing needs. ProFrac is focused on employing new technologies to significantly reduce “greenhouse gas” emissions and increase efficiency in what has historically been an emissions-intensive component of the unconventional E&P development process. ProFrac Corp. operates in three business segments: stimulation services, proppant production and manufacturing. For more information, please visit the ProFrac’s website at www.pfholdingscorp.com. Information on ProFrac’s website is not part of this release.
Company profile
Ticker
ACDC
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ProFrac Holdings, LLC • ProFrac Holdings • ProFrac Services, LLC • ProFrac Manufacturing, LLC • Alpine Silica, LLC • BEST Pump and Flow, LLC • FTS International, Inc. • FTS International • FTS International Manufacturing, LLC • EKU Power Drives GmbH ...
ACDC stock data
Latest filings (excl ownership)
POS EX
Additional exhibits for listing
19 Mar 24
424B3
Prospectus supplement
19 Mar 24
8-K
Regulation FD Disclosure
19 Mar 24
10-K
2023 FY
Annual report
15 Mar 24
8-K
ProFrac Holding Corp. Reports 2023 Full Year and Fourth Quarter
13 Mar 24
8-K
Departure of Directors or Certain Officers
9 Feb 24
8-K
ProFrac Holding Corp. Completes Refinancing of Senior Secured Term Loan and Enhances Financial Flexibility
27 Dec 23
15-12G
Securities registration termination
17 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
ProFrac Holding Corp. Reports Third Quarter 2023 Financial and Operational Results
9 Nov 23
Transcripts
ACDC
Earnings call transcript
2023 Q4
13 Mar 24
ACDC
Earnings call transcript
2023 Q3
9 Nov 23
ACDC
Earnings call transcript
2023 Q2
10 Aug 23
ACDC
Earnings call transcript
2023 Q1
10 May 23
ACDC
Earnings call transcript
2022 Q4
21 Mar 23
ACDC
Earnings call transcript
2022 Q3
12 Nov 22
ACDC
Earnings call transcript
2022 Q2
12 Aug 22
ACDC
Earnings call transcript
2022 Q2
12 Aug 22
ACDC
Earnings call transcript
2022 Q1
17 Jun 22
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | |
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Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
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Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 25.80 mm | 25.80 mm | 25.80 mm | 25.80 mm | 25.80 mm | 25.80 mm |
Cash burn (monthly) | 666.67 k | 3.41 mm | 8.20 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 3.99 mm | 20.38 mm | 49.02 mm | n/a | n/a | n/a |
Cash remaining | 21.81 mm | 5.42 mm | -23.22 mm | n/a | n/a | n/a |
Runway (months of cash) | 32.7 | 1.6 | -2.8 | n/a | n/a | n/a |
Institutional ownership, Q2 2023
88.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 4 |
Closed positions | 97 |
Increased positions | 1 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 1.71 bn |
Total shares | 141.56 mm |
Total puts | 0.00 |
Total calls | 66.35 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
THRC | 70.89 mm | $835.11 mm |
Dan H. Wilks | 69.11 mm | $863.88 mm |
Davidson Kempner Capital Management | 1.25 mm | $8.63 mm |
Susquehanna International | 136.31 k | $927.00 k |
GTS Securities | 96.18 k | $673.00 k |
Citadel Advisors | 45.16 k | $307.00 k |
VIRT Virtu Financial | 29.33 k | $0.00 |
Proequities | 0.00 | $0.00 |
Angelo Gordon & Co. | 0.00 | $0.00 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Nov 23 | THRC | Class A common stock, par value $0.01 per share | Buy | Acquire P | No | No | 9.63 | 630,496 | 6.07 mm | 72,870,545 |
27 Oct 23 | Farris Wilks | Class A common stock, par value $0.01 per share | Buy | Acquire P | Yes | No | 9.245 | 3,409 | 31.52 k | 981,187 |
17 Oct 23 | THRC | Class A common stock, par value $0.01 per share | Buy | Acquire P | No | No | 9.09 | 603,478 | 5.49 mm | 72,240,049 |
Press releases
ProFrac Holding Corp. Reports 2023 Full Year and Fourth Quarter Financial and Operational Results
13 Mar 24
ProFrac Holding Corp. Announces 2023 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule
21 Feb 24
ProFrac Holding Corp. Announces Confidential Submission of Draft Registration Statement for Proposed Public Listing of Alpine Silica
15 Feb 24
ProFrac Holding Corp. Announces Its 2024 Operational and Strategic Priorities
12 Feb 24
Beal Bank Provides $637.5 million of $885.0 million in New Debt to ProFrac Holding Corp (NASDAQ: ACDC) and its Subsidiaries
22 Jan 24