On June 3, 2024, ProPetro announced the acquisition of Aqua Prop LLC, a leading provider of cost-effective wet sand solutions. Aqua Prop’s expertise lies in optimizing the performance of proppants through advanced wet sand management and logistics solutions. This transaction forms a comprehensive and integrated hydraulic fracturing service by combining Aqua Prop's innovative wet sand solutions with our existing capabilities, enhancing our operational efficiency and service offerings. We look forward to working closely with the Aqua Prop team to achieve our shared goals and drive further success for our company. Read full announcement here: https://lnkd.in/g_w-uKpX
Juan Grimont
1mo
Great. I'm interested work in this company.
Sandy Martin
1mo
Another margin enhancing strategic adjacency.
Tom Wilkie
1mo
Keep growing!
Stacie Huff
1mo
WOW!!!!
Rollin Coal!
1moNope I don’t like seeing this change. It’s another way to short the drivers for all the time and money they spend to work y’all’s crews. When the cost of everything is four times the amount. Every time we lose momentum in the patch and it comes back, pay is cheaper and we don’t get our detention time while eating maintenance costs along with other things being out in the field! It’s definitely good for yall cause hauling wet sand eliminates water haulers and does some of the pumpers job and we haul same weight but with less sand so it’s a justification for yall to lower rates. Meanwhile the carriers are out there extremely desperate to make a name or make new contacts but at out expense…. They can under bid a job by 20 percent or more and to make that margin up we end up paying for it! They get to go home to the wife and kids on holidays and lie about yall needing us around when barely anything is happening so that we are already staged and ready to go when holidays are done. It would be real nice to swap shoes with you guys so yall can see what we drivers actually do to help build your industry and careers….