ProPetro Holding Corp. PUMP Hydraulic Fracturing — Property and equipment impairment expense
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Where this comes from
Reported directly by ProPetro Holding Corp. in its filing.
Tagged under the XBRL concept us-gaap:TangibleAssetImpairmentCharges.
The source filing: ProPetro Holding Corp.’s 10-Q, filed July 30, 2026.
- Filed
- Jul 30, 2026, 7:38 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001680247-26-000097
Whenever events or circumstances indicate that the carrying value of long-lived assets may not be recoverable, the Company reviews the carrying values of long‑lived assets, such as property, equipment and other assets, to determine if they are recoverable. If any long‑lived assets are determined to be unrecoverable, an impairment expense is recorded in the period. No impairment of property and equipment was recorded during the three and six months ended June 30, 2026 and 2025.
Item 1. Financial Statements (Unaudited)
FAQ
- What is ProPetro Holding Corp.'s hydraulic fracturing — property and equipment impairment expense?
- ProPetro Holding Corp. (PUMP) reported hydraulic fracturing — property and equipment impairment expense of $0 in Q2 2026.
- What is the long-term trend for ProPetro Holding Corp.'s hydraulic fracturing — property and equipment impairment expense?
- Over 2 years (2022 to 2024), ProPetro Holding Corp.'s hydraulic fracturing — property and equipment impairment expense has grown at a 81.2% compound annual growth rate (CAGR), from $57.45M to $188.6M.
- What does hydraulic fracturing — property and equipment impairment expense mean?
- This metric represents the non-cash charge recognized when the carrying value of long-lived assets in the hydraulic fracturing segment exceeds their fair value. It serves as a critical indicator of asset obsolescence or a decline in the long-term economic viability of the segment's equipment fleet.
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