ProPetro Holding Corp. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net loss was USD 17.11 million compared to net income of USD 13.04 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to basic earnings per share from continuing operations of USD 0.12 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to diluted earnings per share from continuing operations of USD 0.12 a year ago.

For the full year, the company reported net income was USD 85.63 million compared to USD 2.03 million a year ago. Basic earnings per share from continuing operations was USD 0.76 compared to USD 0.02 a year ago. Diluted earnings per share from continuing operations was USD 0.76 compared to USD 0.02 a year ago.