ProPetro (PUMP) IPO Opened Up 7%

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Go back to ProPetro (PUMP) IPO Opened Up 7%

ProPetro Holding Corp. Prices Initial Public Offering of Common Stock

March 16, 2017 8:30 PM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- ProPetro Holding Corp. (NYSE: PUMP) (the Company) announced today that it has priced the initial public offering of 25,000,000 shares of its common stock at $14.00 per share, of which 13,250,000 shares are to be sold by the Company and 11,750,000 shares are to be sold by the selling stockholders named in the registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (SEC). The shares are expected to begin trading on the New York Stock Exchange on March 17, 2017 under the ticker symbol PUMP. In addition, the selling stockholders named in the... More