On the Record · ProPetro Holding

ProPetro Holding acquisitions, on the record

The businesses ProPetro Holding bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Silvertip Completion Services Operating, LLC Word for word“On November 1, 2022, we consummated the acquisition of all of the outstanding limited liability company interests of Silvertip Completion Services Operating, LLC (the "Silvertip Acquisition"), which provides wireline perforation and ancillary services solely in the Permian Basin in exchange for 10.1 million shares of our common stock valued at $106.7 million, $30.0 million of cash, the payoff of $7.2 million of assumed debt, and the payment of certain other closing and transaction costs.” 10-K for 2023	acquisition	On November 1, 2022	10.1 million shares of our common stock valued at $106.7 million, $30.0 million of cash, the payoff of $7.2 million of assumed debt
Par Five Energy Services LLC Word for word“On December 1, 2023, we consummated the purchase of the assets and operations of Par Five Energy Services LLC (“Par Five”), which provides cementing services in the Delaware Basin in exchange for $25.4 million of cash .” 10-K for 2023	acquisition	On December 1, 2023	$25.4 million of cash
coiled tubing assets (sold to STEP) Word for word“We received approximately $2.8 million in cash and 2.6 million common shares of STEP, valued at $11.8 million, as consideration.” 10-K for 2023	divestiture	—	approximately $2.8 million in cash and 2.6 million common shares of STEP, valued at $11.8 million
cementing business located in Vernal, Utah, sold to a business owned by a former employee Word for word“On November 1, 2024, we sold our cementing business located in Vernal, Utah, to a business owned by a former employee as part of a strategic repositioning.” 10-K for 2024	divestiture	On November 1, 2024	—
Aqua Prop, LLC (AquaProp) Word for word“On May 31, 2024, we consummated the acquisition of all of the outstanding equity interests in Aqua Prop, LLC ("AquaProp SM "), which provides wet sand solutions for hydraulic fracturing at well sites (the "AquaProp Acquisition").” 10-K for 2024	agreed acquisition	On May 31, 2024	—
Par Five Energy Services LLC (Par Five) Word for word“On December 1, 2023, we consummated the purchase of the assets and operations of Par Five Energy Services LLC ("Par Five"), which provides cementing services in the Delaware Basin in exchange for $25.4 million of cash, including deferred cash consideration of $3.1 million which is payable to Par Five or its beneficiary on June 1, 2025, with interest at 4.0% per annum.” 10-K for 2024	acquisition	On December 1, 2023	$25.4 million of cash, including deferred cash consideration of $3.1 million
Silvertip Completion Services Operating, LLC (Silvertip) Word for word“On November 1, 2022, we consummated the acquisition of all of the outstanding limited liability company interests of Silvertip Completion Services Operating, LLC (the "Silvertip Acquisition"), which provides wireline perforation and ancillary services in the Permian Basin in exchange for 10.1 million shares of our common stock valued at $106.7 million, $30.0 million of cash, the payoff of $7.2 million of assumed debt, and the payment of certain other closing and transaction costs.” 10-K for 2024	acquisition	On November 1, 2022	10.1 million shares of our common stock valued at $106.7 million, $30.0 million of cash, the payoff of $7.2 million of assumed debt
coiled tubing assets sold to STEP Energy Services Ltd. Word for word“We received approximately $2.8 million in cash and 2.6 million common shares of STEP, valued at $11.8 million, as consideration.” 10-K for 2024	divestiture	—	approximately $2.8 million in cash and 2.6 million common shares of STEP, valued at $11.8 million
cementing business located in Vernal, Utah Word for word“On November 1, 2024, we sold our cementing business located in Vernal, Utah, to a business owned by a former employee as part of a strategic repositioning. ” 10-K for 2025	divestiture	November 1, 2024	—
Aqua Prop, LLC Word for word“On May 31, 2024, we consummated the acquisition of all of the outstanding equity interests in Aqua Prop, LLC (“AquaProp”), which provides wet sand solutions for hydraulic fracturing at well sites (the “AquaProp Acquisition”).” 10-K for 2025	acquisition	May 31, 2024	—
Pioneer pressure pumping assets and real property Word for word“Pioneer Pressure Pumping Acquisition On December 31, 2018, we consummated the purchase of certain pressure pumping assets and real property from Pioneer Natural Resources USA, Inc. (“Pioneer”) and Pioneer Pumping Services, LLC in the Pioneer Pressure Pumping Acquisition in exchange for 16.6 million shares of our common stock and $110.0 million in cash.” 10-K for 2025	acquisition	December 31, 2018	16.6 million shares of our common stock and $110.0 million in cash

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2020-12-31	$0	$0
2021-12-31	$0	$0
2022-12-31	$38.6 million	$23.6 million
2023-12-31	$22.2 million	$0
2024-12-31	$21 million	$3.1 million
2025-12-31	$0	$0

Deal filings since 2016

2026-05-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-12-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-04-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-11-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-04-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-01-02 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-11-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-02-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-03-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from ProPetro Holding’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.