ProFrac Holding Corp. (ACDC)

Overview

ProFrac Holding Corp. is a notable entity in the energy services sector within the United States, underpinning its operations with a strong emphasis on technology. Established in 2016, the company is headquartered in Willow Park, Texas. It orchestrates its business through three primary segments: Stimulation Services, Manufacturing, and Proppant Production. Serving the upstream oil and natural gas industry, ProFrac specializes in providing a myriad of critical services and products aimed at the exploration and production of unconventional oil and gas resources. This approach not only places it at the core of the energy industry's shift towards innovative and efficient resource extraction techniques but also highlights its role in sustaining the sector’s evolution towards more optimized and environmentally conscientious operations.

Products and Services

• Hydraulic Fracturing and Well Stimulation

This service comprises the core of ProFrac's offerings, facilitating the enhancement of hydrocarbon flow from unconventional oil and natural gas formations. By injecting high-pressure fracturing fluid into the subterranean rock formations, ProFrac aims to create fractures that increase the extraction volumes of oil and natural gas, substantially optimizing the productivity of wells.

• In-Basin Frac Sand Supply

In line with its hydraulic fracturing services, ProFrac offers in-basin frac sand solutions. This essential component of the hydraulic fracturing process involves the provision of specially engineered sand that props open the fractures created in the rock, thereby ensuring that the newly formed pathways remain open for the optimal extraction of oil and gas.

• Manufacturing of High Horsepower Pumps, Valves, and More

Apart from services directly involved with fracturing and well stimulation, ProFrac fabricates and vends an array of high-grade equipment essential for the energy sector. This includes high horsepower pumps known for their efficiency and durability, control valves that are essential for managing the flow and pressure of the fracturing fluid, piping, swivels designed for flexibility and efficiency, large-bore manifold systems that distribute the fracturing fluid, and fluid ends that are critical for the operation of the high-pressure pumps used in hydraulic fracturing.

• Additional Complementary Products and Services

Further emphasizing its holistic approach to serving the unconventional oil and gas exploration and production segments, ProFrac extends a suite of complementary products and services. These offerings are designed to support the core operations of hydraulic fracturing and well stimulation, ensuring clients receive a comprehensive solution that addresses a broad spectrum of their operational needs.