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)
ARS
2023 FY
Annual report to shareholders
19 Apr 24
DEFA14A
Additional proxy soliciting materials
19 Apr 24
DEF 14A
Definitive proxy
19 Apr 24
10-K/A
2023 FY
Annual report (amended)
15 Apr 24
8-K
Other Events
1 Apr 24
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
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
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | |
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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) | 4.68 mm | 23.91 mm | 57.53 mm | n/a | n/a | n/a |
Cash remaining | 21.12 mm | 1.89 mm | -31.73 mm | n/a | n/a | n/a |
Runway (months of cash) | 31.7 | 0.6 | -3.9 | 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 |
---|---|---|---|---|---|---|---|---|---|---|
29 Mar 24 | Johnathan Ladd Wilks | Class A common stock, par value $0.01 per share | Grant | Acquire A | No | No | 8.36 | 78,947 | 660.00 k | 184,266 |
29 Mar 24 | Lance D. Turner | Class A common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 8.36 | 4,246 | 35.50 k | 227,626 |
29 Mar 24 | Lance D. Turner | Class A common stock, par value $0.01 per share | Grant | Acquire A | No | No | 8.36 | 71,770 | 600.00 k | 231,872 |
29 Mar 24 | Matthew A Greenwood | Class A common stock, par value $0.01 per share | Payment of exercise | Dispose F | No | No | 8.36 | 2,916 | 24.38 k | 104,488 |
29 Mar 24 | Matthew A Greenwood | Class A common stock, par value $0.01 per share | Grant | Acquire A | No | No | 8.36 | 45,455 | 380.00 k | 107,404 |
29 Mar 24 | Matthew Wilks | Class A common stock, par value $0.01 per share | Grant | Acquire A | No | No | 8.36 | 84,928 | 710.00 k | 1,427,716 |
29 Mar 24 | Steven Scrogham | Class A common stock, par value $0.01 per share | Grant | Acquire A | No | No | 8.36 | 45,455 | 380.00 k | 55,228 |
News
Why Skillsoft Shares Are Trading Lower By Around 27%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
16 Apr 24
M&T Bank Reports Q1 Earnings, Joins Snap One, Encore Wire And Other Big Stocks Moving Higher On Monday
15 Apr 24
B of A Securities Maintains Neutral on ProFrac Holding, Raises Price Target to $9.5
15 Apr 24
Stifel Maintains Buy on ProFrac Holding, Lowers Price Target to $10
14 Mar 24
Why ProFrac Shares Are Down Today
13 Mar 24
Press releases
ProFrac Holding Corp. Announces First Quarter 2024 Earnings Release and Conference Call Schedule
16 Apr 24
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