Lumida
/ACDC
⌘K
ProFrac Holding Corp

ProFrac Holding Corp

ACDC
$5.21USD↑+0.39%+0.02 today

MARKET CAP

948.9M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$5 – $5

52W RANGE

$3
$8

AI Summary

Stalk
Sell NowHigh

In Stage 4 decline, ACDC is trading decisively below its key EMAs and major moving averages, with accelerating downside momentum confirming a medium-term bearish posture. Despite extreme oversold readings, there is no evidence of relief or structural repair, and price extension below resistance zones favors immediate sell participation for continuation engagement.

  • ↑Q2 revenue rose 11% QoQ to $498 M; adjusted EBITDA up 28% to $69 M.
  • ↑$100 M annualized cost-savings program targets higher free cash flow.
  • ↓Free cash flow remains negative (-$8 M in Q2) despite QoQ improvement.
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The case for & against

Bull & Bear analysis

Bearish

ProFrac Holding Corp. (NASDAQ: ACDC) is a leading provider of pressure pumping services for the oil and gas industry, specializing in hydraulic fracturing solutions and complementary production services. As a vertically integrated company, ProFrac is strategically positioned to leverage its operational efficiencies amid the dynamics of the energy market, which is characterized by ongoing volatility and fluctuating demand. Given its focus on specialized hydraulic fracturing, ProFrac is part of a larger theme around the resurgence of domestic oil and gas production amid geopolitical tensions.

Bull says

  • ↑Q2 revenue rose 11% QoQ to $498 M; adjusted EBITDA up 28% to $69 M.
  • ↑$100 M annualized cost-savings program targets higher free cash flow.
  • ↑Strong oil-price leverage could boost margins as WTI >$80/bbl.
  • ↑Positive analyst earnings revisions signal improving profitability outlook.
  • ↑Management’s $402 K stock purchase indicates leadership confidence.
  • ↑Upcoming 2027 RFP season may drive pricing and demand gains.

Bear says

  • ↓Free cash flow remains negative (-$8 M in Q2) despite QoQ improvement.
  • ↓$1.1 B debt load with limited liquidity raises refinancing risk.
  • ↓Profitability challenges linger with continued net losses weighing on returns.
  • ↓High short interest and low institutional ownership reflect market skepticism.
  • ↓Competitive pricing pressure in West Texas sand erodes margins.
  • ↓54% share decline underscores deep concerns over operational model.

Earnings Call · Q1 2024 · Mgmt. Guidance

Updated 05-08-2025neutral

Transcript signals

Bull points

  • I'm proud to report we achieved record efficiency levels in the first quarter for our Pressure Pumping segment. We generated roughly an 11% sequential improvement in pumping hours per fleet and that makes Q1 a most efficient quarter in ProFrac's history.
  • We are very pleased with our first quarter results. We made progress on what we told you last quarter and are now seeing the results.
  • In the first quarter, we generated $160 million of adjusted EBITDA and $582 million of revenue. Our costs were down and our efficiencies were up.

Bear points

  • We are a little behind schedule on the transformation our team has embarked on, primarily due to weakness in natural gas activity and the impact of weather.
  • Weakness in the gas markets and weather have impacted our results.
  • However, we are seeing an uptick in volumes and anticipate demand increases starting later this year that should further boost output.
Read full transcript analysis ›