Spencer Armour - ProPetro Holding Chairman of the Board

PUMP Stock  USD 8.22  0.41  5.25%   

Chairman

Mr. Spencer Davis Armour, III is Director of the Company. Mr. Armour has over 30 years of executive and entrepreneurial experience in the energy services industry. Mr. Armour has served as President of PT Petroleum LLC in Midland, Texas since 2013. He was the Vice President of Corporationrationrate Development for Basic Energy Services, Inc. from 2007 to 2008, which acquired Sledge Drilling Corporationration, a company Mr. Armour cofounded and served as Chief Executive Officer from 2005 to 2006. From 1998 through 2005, he served as Executive Vice President of PattersonUTI Energy, Inc., which acquired Lone Star Mud, Inc., a company Mr. Armour founded and served as President from 1986 to 1997. He currently serves on the board of Viper Energy Partners, LP and the board of CES Energy Solutions Corp since 2019.
Age 66
Tenure 5 years
Address 303 West Wall Street, Midland, TX, United States, 79701
Phone432 688 0012
Webhttps://www.propetroservices.com
Armour received a B.S. in Economics from the University of Houston in 1977 and served on the University of Houston System Board of Regents from 2011 until 2018.

Spencer Armour Latest Insider Activity

Tracking and analyzing the buying and selling activities of Spencer Armour against ProPetro Holding stock is an integral part of due diligence when investing in ProPetro Holding. Spencer Armour insider activity provides valuable insight into whether ProPetro Holding is net buyers or sellers over its current business cycle. Note, ProPetro Holding insiders must abide by specific rules, including filing SEC forms every time they buy or sell ProPetro Holding'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

ProPetro Holding Management Efficiency

The company has return on total asset (ROA) of 0.026 % which means that it generated a profit of $0.026 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1483) %, meaning that it created substantial loss on money invested by shareholders. ProPetro Holding's management efficiency ratios could be used to measure how well ProPetro Holding manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to grow to 0.06. Also, Return On Capital Employed is likely to grow to 0.11. At this time, ProPetro Holding's Non Current Liabilities Other is relatively stable compared to the past year. As of 11/22/2024, Change To Liabilities is likely to grow to about 25.9 M, while Total Current Liabilities is likely to drop slightly above 236.3 M.
ProPetro Holding Corp currently holds 148.58 M in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. ProPetro Holding Corp has a current ratio of 1.31, which is within standard range for the sector. Note, when we think about ProPetro Holding's use of debt, we should always consider it together with its cash and equity.

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ProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas. ProPetro Holding operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1500 people. ProPetro Holding Corp (PUMP) is traded on New York Stock Exchange in USA. It is located in 303 West Wall Street, Midland, TX, United States, 79701 and employs 2,070 people. ProPetro Holding is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

ProPetro Holding Corp Leadership Team

Elected by the shareholders, the ProPetro Holding's board of directors comprises two types of representatives: ProPetro Holding inside directors who are chosen from within the company, and outside directors, selected externally and held independent of ProPetro. The board's role is to monitor ProPetro Holding's management team and ensure that shareholders' interests are well served. ProPetro Holding's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, ProPetro Holding's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michele Choka, Independent Director
David Schorlemer, Chief Financial Officer
Celina Davila, Chief Officer
Spencer Armour, Chairman of the Board
Phillip Gobe, Executive Chairman of the Board, Chief Executive Officer
Elo Omavuezi, Chief Accounting Officer
Adam Munoz, President, Chief Operating Officer
Josh Jones, Director Fin
Anthony Best, Lead Independent Director
John JD, General Secretary
Mark Berg, Director
Alan Douglas, Independent Director
Matt Augustine, Senior Relations
John Mitchell, General Secretary
Newton Wilson, General Counsel, Corporate Secretary
Newton III, Gen Sec
Jack Moore, Independent Director
Samuel Sledge, Chief Strategy and Administrative Officer
G Lawrence, Independent Director
Shelby Fietz, Chief Officer

ProPetro Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is ProPetro Holding a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Additional Tools for ProPetro Stock Analysis

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