Short answer
ProPetro Holding Corp. (PUMP) filed an 8-K current report with the SEC on April 30, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 2.02 (Results of Operations and Financial Condition), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Caterpillar agreement reserves approximately 1.5 GW of power-generation equipment through December 31, 2031.
ProPetro Holding Corp. 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- Caterpillar agreement reserves approximately 1.5 GW of power-generation equipment through December 31, 2031
- Minimum purchase obligation approximately $1.1 billion, excluding balance-of-plant costs
- Optional additional capacity of approximately 600 MW, subject to Caterpillar availability
- Annual shortfalls trigger fees equal to 75% of unpurchased equipment value
- Credit recovery limited to 85% if Caterpillar resells shortfall equipment within 12 months
Item 2.02 · Results of Operations and Financial Condition
- ProPetro reported results for the quarter ended March 31, 2026
- Press release furnished as Exhibit 99.1 with detailed quarterly financial results
- Investor presentation and management commentary furnished as Exhibits 99.2 and 99.3
- Materials available through ProPetro’s investor-relations website
Item 7.01 · Regulation FD Disclosure
- April 29, 2026 press release announced entry into the GFA
- GFA terms and strategic significance require review of Exhibit 99.4
- Disclosure furnished under Regulation FD, generally outside Section 18 filing liability
Item EX-99.1 · Exhibit EX-99.1
- Q1 revenue $271M, down 7% sequentially; weather disruption drove utilization declines and weaker completions results
- Net loss $4M, or $0.03 diluted loss per share, versus $1M income in Q4 2025
- Adjusted EBITDA $36M, or 13% of revenue, down 29% sequentially; operating cash flow fell to $3M
- 2026 capital expenditure guidance raised to $540M-$610M from $390M-$435M, led by PROPWR investment of $400M-$450M
- Caterpillar framework adds up to 2.1 gigawatts, positioning PROPWR for approximately 2.6 gigawatts delivered by year-end 2031
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other ProPetro Holding Corp. 8-K filings
Get the next PUMP 8-K as it lands
Follow PUMP for push alerts, or ask the research agent what this filing means.