Previous close | 7.25 |
Open | 7.35 |
Bid | 7.35 x 0 |
Ask | 7.40 x 0 |
Day's range | 7.35 - 7.35 |
52-week range | 5.75 - 10.20 |
Volume | |
Avg. volume | 6 |
Market cap | 800.378M |
Beta (5Y monthly) | 2.14 |
PE ratio (TTM) | 10.50 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
ProPetro (PUMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Oilfield services firm ProPetro said on Wednesday it has identified material weakness in its internal control over financial reporting. After the weakness in access to its accounting systems was identified, the company said it had found that there was no material misstatement in its consolidated financial statements for the year ended Dec. 31, 2023. Midland, Texas-based ProPetro was subject to a U.S. Securities and Exchange Commission investigation in 2019 when the company's board uncovered material weaknesses in its financial controls and an undisclosed related-party transaction with its former chief accountant.
The company's management is evaluating the potential impact on controls and its auditors would undertake their own process subsequently, ProPetro said in a filing with the U.S. Securities and Exchange Commission. ProPetro said it expects the results of operations for the fourth-quarter and the full-year to be consistent with the numbers it published on Feb. 21.