PE-backed ProPetro debuts IPO
Midland, Texas-based ProPetro Holding Corp, an oilfield services company, has raised $350 million for its IPO after pricing its 25 million shares at $14 per share. The stock began trading March 17, 2017 on the New York Stock Exchange under the ticker symbol “PUMP.” Goldman Sachs and Barclays Capital Inc are serving as the lead underwriters. ProPetro is backed by Energy Capital Partners.
17 March 2017•4 mins read
