Caterpillar Oil & Gas has announced the development of the Caterpillar® Gas Mechanical System (GMS), a fully integrated power ...

ProPetro Holding Corp. PUMP, a Midland, TX-based oil and gas equipment and services company, has secured a new term contract for electric hydraulic fracturing services. The contract, forged with a ...

The high-pressure of the frac fluids and the continual pumping increases the pressure in the well, overcoming the strength of the reservoir rocks to break them apart. Fracing fluids are pumped ...

Valuation remains low; as frac markets tighten and PROPWR gains traction, expect multiples to rise from low-3xs to low-4xs, driving PUMP's price target to $12 in 6–12 months. Our expectation is ...