NYSE:PUMPEnergy Services
ProPetro Caterpillar Deal Signals Shift Toward Data Center Power Growth
ProPetro Holding (NYSE:PUMP) has signed a framework agreement with Caterpillar to support up to 2.1 gigawatts of power generation capacity for its PROPWR segment over the next five years.
The arrangement is aimed at supplying power solutions for data centers and oil & gas microgrids, expanding beyond the company’s traditional hydraulic fracturing services.
This development follows Q1 2026 results that showed another period of loss and ongoing hydraulic fracturing market challenges.
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