ProPetro's $294M Q3 Revenue, Expanding Power Business: Is VR Advisory's Buy Enough?

ProPetro reported a $294 million quarter and expanding power business. VR Advisory Services increased its position in the company by purchasing 2.5 million shares, raising its stake to $19.3 million. ProPetro's shares are up 22% over the past year, outperforming the S&P 500. The company is expanding beyond traditional completions into a long-duration power business, which is starting to show commercial traction. With shares still down sharply from multi-year peaks, the bet hinges on durability rather than momentum.