Why ProPetro Holding Corp. (PUMP) is Crashing This Week (2025)

Sultan Khalid

Wed, Apr 9, 2025, 2:36 PM 3 min read

We recently published a list ofEnergy Stocks that are Losing This Week. In this article, we are going to take a look at where ProPetro Holding Corp. (NYSE:PUMP) stands against other energy stocks that are crashing this week.

The energy industry has been absolutely crushed in the ongoing bloodbath faced by the overall market, but one sector that has been hit particularly hard is that of the oilfield services sector. On one side, the imposition of the 25% tariff on steel and aluminum has already led to an estimated 4% increase in costs for drilling a well. On the other hand, global oil prices have plunged to a multi-year low, further decreasing margins for producers and forcing them to slow down drilling activities. A recently published survey by the Federal Reserve Bank of Dallas has revealed that the US oil industry needs prices between $61 and $70 per barrel to be profitable. However, the ongoing trade war has pushed WTI prices down to the $57 range.

Following President Trump’s scathing tariff announcements last week, Morningstar has reduced its fair value estimates on the three biggest oilfield services companies, expecting them to report a revenue drop of between 2% and 3% this year. The report further states that each dollar lost in revenue translates into an operating profit loss of between $1.25 and $1.35. Hence, it comes as no surprise that a large majority of theEnergy Stocks that Crashed This Weekbelong to the energy services industry.

An oil derrick silhouetted against a rising sun with a blue sky in the background.

To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 1 to April 8, 2025. Following are theEnergy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period.

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ProPetro Holding Corp. (NYSE:PUMP)

Share Price Decline Between Apr. 1 and Apr. 8: 35.94%

ProPetro Holding Corp. (NYSE:PUMP) is an oilfield services company that engages in the provision of hydraulic fracturing and other complementary services.

ProPetro Holding Corp. (NYSE:PUMP) reported mixed results for its Q4 2024 as its EPS of -$0.17 fell below expectations by $0.19. Additionally, the overall oilfield services sector, which has already been facing headwinds for a while, is particularly vulnerable in the current global trade war. The tariffs imposed on steel and aluminum have driven up costs for the industry, while the decline in the global price of oil has reduced margins for its clients, hence tightening their budgets and reducing demand.