ProFrac Holding Corp. (ACDC) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

ProFrac Holding Corp. (ACDC) Energy Operations & Outlook

ProFrac Holding Corp. provides hydraulic fracturing and completion services to upstream oil and gas companies, operating through its Stimulation Services, Manufacturing, and Proppant Production segments. As a vertically integrated player, ProFrac manufactures its own high horsepower pumps and proppant, differentiating it in the competitive North American unconventional oil and gas market.

What Is the Investment Thesis for ACDC?

ProFrac Holding Corp. presents a compelling investment case based on its vertically integrated business model and strategic positioning within the North American unconventional oil and gas market. The company's ability to manufacture its own high horsepower pumps and proppant provides a competitive edge, potentially leading to improved margins and greater control over its supply chain. While the company's profit margin is currently negative at -24.2%, potential growth catalysts include increased demand for hydraulic fracturing services and expansion of its manufacturing capabilities. However, investors should be aware of the risks associated with commodity price volatility and the cyclical nature of the energy sector. The company's beta of 1.70 indicates higher volatility compared to the overall market.

Based on FMP financials and quantitative analysis

ACDC Key Highlights

• Vertically integrated operations across stimulation services, manufacturing, and proppant production.
• Manufactures high horsepower pumps, valves, and other critical equipment, reducing reliance on external suppliers.
• Operates in the North American unconventional oil and gas market.
• Employs 3077 individuals.
• Market capitalization of $863M.

Who Are ACDC's Competitors?

ACDC is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are ACDC's Key Strengths?

• Vertically integrated operations
• Manufacturing capabilities
• Strong presence in North American unconventional oil and gas market
• Experienced management team

What Are ACDC's Weaknesses?

• Negative profit margin
• Exposure to commodity price volatility
• Cyclical nature of the energy sector
• High beta indicating higher volatility

What Could Drive ACDC Stock Higher?

• Potential increase in drilling activity driven by higher oil prices.
• Expansion of manufacturing capabilities to support internal operations and external sales.
• Development and deployment of new hydraulic fracturing technologies.

What Are the Key Risks for ACDC?

• Financial-distress signal — its Altman Z-Score of 0.18 sits in the distress zone (elevated bankruptcy risk).
• Negative return on equity (-53.9%) — the business is not currently generating profit on shareholder capital.
• Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
• Volatility in oil and gas prices impacting demand for services.
• Increased regulation of hydraulic fracturing activities.
• Competition from larger, more established oilfield service companies.
• Economic downturn reducing drilling activity.

What Are the Growth Opportunities for ACDC?

• Expansion of Manufacturing Capabilities: ProFrac can expand its manufacturing segment to produce a wider range of equipment and components used in hydraulic fracturing operations. This includes investing in new facilities and technologies to increase production capacity and improve efficiency. The market for oilfield equipment is projected to reach $45 billion by 2028, providing a significant opportunity for ProFrac to capture a larger share. Timeline: Ongoing.
• Increased Demand for Stimulation Services: As oil and gas companies increase drilling activity in response to higher commodity prices, demand for ProFrac's stimulation services is expected to rise. The hydraulic fracturing market is projected to grow at a CAGR of 6% over the next five years. ProFrac can capitalize on this trend by expanding its fleet of fracturing equipment and hiring additional personnel. Timeline: Ongoing.
• Geographic Expansion: ProFrac can expand its operations into new geographic areas within North America, targeting regions with high levels of drilling activity. This could involve establishing new service centers and manufacturing facilities in these areas. The Permian Basin, for example, remains a key growth area for oil and gas production. Timeline: 2-3 years.
• Development of New Technologies: ProFrac can invest in the development of new technologies and techniques for hydraulic fracturing, such as advanced fluid systems and proppant delivery methods. This could improve the efficiency and effectiveness of its services, giving it a competitive advantage. Timeline: Ongoing.
• Strategic Acquisitions: ProFrac can pursue strategic acquisitions of smaller companies in the oil and gas equipment and services industry. This could allow it to expand its product and service offerings, increase its market share, and gain access to new technologies and expertise. Timeline: Ongoing.

What Opportunities Does ACDC Have?

• Expansion of manufacturing capabilities
• Increased demand for stimulation services
• Geographic expansion
• Development of new technologies

What Threats Does ACDC Face?

• Competition from larger oilfield service companies
• Declining oil and gas prices
• Increased regulation of hydraulic fracturing
• Economic downturn

What Are ACDC's Competitive Advantages?

• Vertically integrated operations provide cost advantages and quality control.
• Manufacturing capabilities reduce reliance on external suppliers.
• Strong relationships with upstream oil and gas companies.
• Expertise in hydraulic fracturing and completion services.

What Does ACDC Do?

ProFrac Holding Corp., established in 2016 and headquartered in Willow Park, Texas, is a vertically integrated energy services company catering to the upstream oil and gas sector. The company specializes in providing hydraulic fracturing, completion, and other essential products and services to companies engaged in the exploration and production of North American unconventional oil and natural gas resources. ProFrac operates through three key segments: Stimulation Services, Manufacturing, and Proppant Production. The Stimulation Services segment offers hydraulic fracturing and completion services. The Manufacturing segment produces high horsepower pumps, valves, piping, swivels, large-bore manifold systems, seats, and fluid ends. The Proppant Production segment supplies proppant used in hydraulic fracturing operations. ProFrac's vertically integrated model allows it to control costs and ensure the quality of its products and services, positioning it as a key player in the energy services market. The company's focus on manufacturing critical components in-house provides a competitive advantage by reducing reliance on external suppliers and enhancing operational efficiency.

What Products and Services Does ACDC Offer?

• Provides hydraulic fracturing services to oil and gas companies.
• Offers completion services for unconventional oil and natural gas wells.
• Manufactures high horsepower pumps used in hydraulic fracturing.
• Produces valves, piping, and other equipment for oilfield operations.
• Supplies proppant used in hydraulic fracturing.
• Offers vertically integrated solutions to upstream oil and gas companies.

How Does ACDC Make Money?

• Generates revenue from providing hydraulic fracturing and completion services.
• Sells manufactured equipment and components to oil and gas companies.
• Sells proppant to oil and gas companies for use in hydraulic fracturing.
• Vertically integrated operations allow for cost control and quality assurance.

What Industry Does ACDC Operate In?

ProFrac Holding Corp. operates within the oil and gas equipment and services industry, which is heavily influenced by commodity prices and drilling activity. The North American unconventional oil and gas market, where ProFrac focuses, has seen significant growth due to technological advancements in hydraulic fracturing and horizontal drilling. The industry is competitive, with players like Patterson-UTI Energy and Halliburton vying for market share. ProFrac's vertically integrated model differentiates it from some competitors, potentially offering cost advantages and greater control over its operations.

Who Are ACDC's Key Customers?

• Upstream oil and gas companies engaged in exploration and production.
• Companies operating in North American unconventional oil and natural gas resources.
• Customers requiring hydraulic fracturing and completion services.
• Customers needing high horsepower pumps and related equipment.
• Customers requiring proppant for hydraulic fracturing operations.

ProFrac Holding Corp. Financial Trajectory

ProFrac Holding Corp. (ACDC) reported $449.6M in revenue for Q1 2026, reflecting 3.0% growth compared to the prior quarter. The company recorded a net loss of $83.5M, with diluted EPS of $-0.52. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this small-cap Energy company. Across the four most recent quarters, ACDC averaged $-0.67 in diluted EPS.

Company Profile

ProFrac Holding Corp. operates in the Oil & Gas Equipment & Services industry within the Energy sector. It is headquartered in Willow Park, US. The company is led by CEO Johnathan Ladd Wilks. ACDC has traded publicly since 2022.

How ProFrac Holding Corp. Is Valued

ProFrac Holding Corp. carries a market capitalization of $863M, placing it in the small-cap category. Relative to its peer group, ACDC's quantitative score of 14/100 is below the peer average of 59/100.

ROE -54%Key Financial Metrics

Return on equity for ProFrac Holding Corp. stands at -53.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -17.0%, showing how much profit it generates from its asset base. Its free cash flow yield is 0.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.82 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -40.4%, the inverse of the P/E and a quick read on earnings relative to price.

F-Score 3/9Financial Health

ProFrac Holding Corp.'s Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 0.18 places it in the distress zone, a signal of elevated financial risk.

FY2026 estForward Outlook

Wall Street analysts project ProFrac Holding Corp. revenue of about $1.92B for fiscal 2026, with EPS near $-1.22.

ACDC Financials

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ACDC Analyst Consensus

ACDC MoonshotScore

What Investors Ask About ProFrac Holding Corp. (ACDC) — Energy

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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