Texas fracking business ProPetro eyes public offering
February 09, 2017
Energy Infrastructure | Midland, TX | IPO
Planning to trade on the NYSE under the symbol PUMP, ProPetro has filed initial paperwork for an IPO, with a proposed maximum offering price of $345 million. The company is a provider of hydraulic fracking and other oil & gas services operating primarily in the Permian Basin in Texas. Energy Gas Partners has owned ProPetro since 2013.