The share price of ProPetro Holding Corp. (NYSE:PUMP) fell by 20% between December 10 and December 17, 2025, putting it among the Energy Stocks that Lost the Most This Week.
ProPetro Holding Corp. (NYSE:PUMP) is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services.
ProPetro Holding Corp. (NYSE:PUMP) slumped despite a series of positive developments for the stock over the last few days, possibly due to global crude oil prices falling to their 4-year low, resulting in bearish sentiment in the overall energy sector.
On December 10, JPMorgan upgraded ProPetro Holding Corp. (NYSE:PUMP) from ‘Neutral’ to ‘Overweight’, while also almost doubling the stock’s price target from $7 to $13. The upgrade comes as the analyst firm adjusted its ratings in the oilfield services and equipment group as part of its 2026 outlook. Then on December 17, Barclays also raised its price target on PUMP from $10 to $11, while maintaining its ‘Equal Weight’ rating on the shares.
Moreover, ProPetro Holding Corp. (NYSE:PUMP) announced on December 12 that its PROPWR business has secured a new power services contract in the Permian Basin with a subsidiary of Coterra Energy Inc. (NYSE:CTRA). With field operations set to begin in the first quarter of 2026, the agreement raises PROPWR’s contracted power to over 220 MW.
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