Headquartered in Willow Park, TX Fiscal year ends December NASDAQ: ACDC pfholdingscorp.com
ProFrac Holding Corp. (NASDAQ: ACDC) is a vertically integrated energy services holding company. It serves upstream oil and natural gas exploration and production companies developing North American unconventional resources across the United States.
Its services include hydraulic fracturing, proppant (frac sand) production, other completion services, and complementary products and services such as distributed power generation.
The company reports four business segments:
- **Stimulation Services:** hydraulic fracturing fleets.
- **Proppant Production:** sand mines in West Texas and South Texas.
- **Manufacturing:** in-house equipment and component manufacturing.
- **Flotek Industries:** a majority-controlled, separately financed chemistry and data company.
Other Business Activities are reported separately. A significant portion of proppant, manufacturing and Flotek revenue is sold internally to support its own frac fleets. This integration is intended to control equipment costs, timing and supply.
The company carries roughly $1.05 billion of principal debt. That debt includes an asset-based revolving credit facility and the Alpine term loan, which was recently extended to 2030. ProFrac is pursuing non-core asset sales to reduce leverage. Updated
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ProFrac Holding Corp. (NASDAQ: ACDC) is a vertically integrated energy services holding company. It serves upstream oil and natural gas exploration and production companies developing North American unconventional resources across the United States.
The Wall Street consensus 12-month price target for ACDC is $5.16.
