Slide 1: Investor Presentation April 2026
INVESTOR PRESENTATION April 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements Except for historical information contained herein, the statements and information in this presentation, including the oral statements made in connection herewith, are forward- looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securitie
Slide 3: Selected Financial & Non-GAAP Reconciliations
Selected Financial & Non-GAAP Reconciliations This presentation references "Adjusted EBITDA," "Free Cash Flow," and “Free Cash Flow for Completions Business,” which are not financial Non-GAAP Reconciliation Three Months Ended Twelve Months Ended measures presented in accordance with GAAP. We define
Slide 4: ProPetro's Investment Thesis
ProPetro’s Investment Thesis Sustainable completions free cash Over $1B invested since 2022 in a PROPWR business anchored by flow and growing PROPWR℠ refreshed asset base, new technology, contracts — across data center, earnings and diversified service offering industrial, and oil and gas applicatio
Slide 5: Leading energy services provider in the Permian Basin
NYSE Leading energy services provider to blue-chip oil and gas producers in the Permian Basin PUMP 1Q26 Revenue Provider of completions and power generation services $271M Innovating to meet the demand for FORCE® electric 1Q26 Adjusted EBITDA(1) hydraulic fracturing fleets $36M Expanding to meet var
Slide 6: Our Strategy and Execution
Our Strategy and Execution Optimize Fleet transition and innovative Power generation and industrialize technologies opportunity Strategic Strong financial Generate durable transactions foundation earnings and free cash flow © 2026 ProPetro Holding Corp. All Rights Reserved. 6
Slide 7: Land of Reliable Energy
Land of Reliable Energy THE PERMIAN BASIN The Permian Basin is one of the most prolific areas for hydrocarbon production globally and Midland, Texas Corporate Headquarters and is renowned for its vast reserves of oil and primary operating facilities natural gas. • ProPetro is strategically located i
Slide 8: A Strategy Yielding Results
A Strategy Yielding Results (In millions except %’s and per TOTAL NET INCOME EARNINGS ADJUSTED CASH FLOW FROM FREE CASH FLOW FOR COMPLETIONS TOTAL share data) REVENUE (LOSS) PER SHARE(1) EBITDA(2)(3) OPERATIONS BUSINESS(2) LIQUIDITY(4) ProPetro’s first quarter results once again 1Q26 $271 ($4) ($0.0
Slide 9: Recent PROPWR Milestones
Recent PROPWR Milestones Secured Strategic Framework Scaling up multiple project deployments in the Agreement with Caterpillar, Inc. This first half of 2026, building on the strong agreement enables PROPWR to acquire up operational efficiency and reliability demonstrated to approximately 2.1 gigawat
Slide 10: Potential PROPWR Growth
Potential PROPWR Growth Illustrative PROPWR Deployed Gigawatt Growth Gigawatts (GWs) already delivered, ordered or available under strategic framework agreement with Caterpillar ~2.6 ~2.2 ~1.7 ~1.2 ~0.8 ~0.5 ~0.3 2026 2027 2028 2029 2030 2031 2032 Illustrative Deployed GWs at Year End Note: There is
Slide 11: The Next Generation Frac Fleet
The Next Generation Frac Fleet Fleet Transformation to Frac Fleet Configuration Match Customer Adoption Tier II Diesel Tier IV DGB Dual-Fuel Electric • Majority of ProPetro’s active hydraulic horsepower is secured under contracts • Dual-fuel and electric technology differentiates ProPetro’s fleet in
Slide 12: FORCE Fleet Performance
FORCE® Fleet Performance LEADING TECHNOLOGY DELIVERING VALUE Four FORCE® fleets operating under contract Lower emissions, quiet operations, and smaller operational footprint Significant fuel savings and 100% diesel displacement Extended equipment lifespan and reduced operating expenses © 2026 ProPet
Slide 13: Industrialized Completions Business
Industrialized Completions Business COMPLETIONS BUSINESS FREE CASH FLOW VS. PERMIAN RIG COUNT $220 340 $180 Free Cash Flow for Completions Business $M 320 Average Permian Basin Rig Count $140 300 $100 280 $60 260 $20 -$20 240 2023 2024 2025 Free Cash Flow for Completions Business (1) Average Permian
Slide 14: Who We Are
Who We Are Customer Based in the Transitioning Proven results Disciplined Reducing Driving the focused and resource-rich to efficient year-after-year capital emissions and next team driven Permian Basin and more allocation and investing in generation of capital-light asset longer-lived sustainable f
Slide 15: Committed to Shareholder Value Creation
Committed to Shareholder Value Creation OUR LEADERSHIP Company Management Board of Directors Sam Sledge Adam Muñoz Phillip A. Gobe Anthony Best Chief Executive President and Chief Independent Chairman of the Independent Director, Audit Officer & Director Operating Officer Board Committee Chair Caleb
Slide 16: Investor Contacts
Investor Contacts CORPORATE HEADQUARTERS One Marienfeld Place 110 North Marienfeld, Suite 300 Midland, TX 79701 432.688.0012 www.propetroservices.com INVESTOR RELATIONS MATT AUGUSTINE Vice President, Finance and Investor Relations matt.augustine@propetroservices.com 432.219.7620 © 2026 ProPetro Hold