ProFrac Holding Corp. - Class A Common Stock (ACDC)
6.6500
+0.1100 (1.68%)
ProFrac Holding Corp. is a diversified energy services company primarily involved in providing solutions for the oil and gas industry
The company's focus lies in hydraulic fracturing, which involves injecting high-pressure fluid into underground rock formations to enhance oil and gas extraction processes. ProFrac also offers a range of complementary services and equipment aimed at improving operational efficiency and environmental sustainability for its clients. Through innovative technology and a commitment to safety, ProFrac aims to support its customers in navigating the challenges of energy production while maximizing resource recovery.
ProFrac Holding Corp. (NASDAQACDC) (“ProFrac”, or the “Company”) today announced financial and operational results for its 2024 full year and fourth quarter ended December 31, 2024.
ProFrac Holding Corp. (NASDAQACDC) ("ProFrac" or the "Company") announced today that it will report its fourth quarter and full year 2024 financial results prior to the Company's conference call, which will be webcasted on Thursday, March 6, 2025, at 11:00 a.m. Eastern / 10:00 a.m. Central.
Shares of Skillsoft Corp. (NASDAQSKIL) fell sharply during Tuesday’s session after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates.
U.S. stocks were higher, with the Dow Jones index gaining over 100 points on Monday. Shares of M&T Bank Corporation (NYSEMTB) rose sharply during Monday’s session after the company reported first-quarter financial results.
ProFrac stock down 9.49% premarket as company reports lower Q4 FY23 revenue and net loss, expects improved profitability in 2024 due to increased fleet count and cost actions.
Pickering Energy Partners (“PEP”) advised the Audit Committee of ProFrac Holding Corp.’s (NASDAQACDC) (“ProFrac” or the “Company”) Board of Directors on the terms of the $50 million in preferred equity investment (the “Preferred Equity”) by ProFrac’s largest shareholder, the Wilks Family. The Preferred Equity was issued as perpetual preferred equity securities convertible into ProFrac Class A common stock at a conversion price of $20.00 per share. In addition, the Preferred Equity accrues interest at an 8% annualized rate, payable quarterly and payment-in-kind (“PIK”). The investment optimizes the capital structure of ProFrac as it looks to maximize the value in Alpine Silica, the industry’s largest multi-basin proppant producer.
Companies Reporting Before The Bell • Sangamo Therapeutics (NASDAQSGMO) is likely to report quarterly loss at $0.26 per share on revenue of $8.10 million.
