ProPetro will keep its frac spread count nearly unchanged in 2025, although the share of electric frac deployment will rise. The most notable development in recent times is the setting up the PROPWR subsidiary, which entails its foray into the natural gas-fueled power generation equipment market. It has won significant new orders in this business. On top of that, the cementing, Silvertip wireline, and AquaProp sand logistics businesses will continue to strengthen the company’s operations. However, in Q4, revenues from hydraulic fracturing fell.
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