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WILLOW PARK, Texas - ProFrac Holding Corp. (NASDAQ:ACDC), a $634 million market cap oilfield services company with annual revenues exceeding $2.1 billion, and Seismos announced Monday a strategic partnership to launch Closed Loop Fracturing technology across major U.S. oil and gas basins. According to InvestingPro data, the company’s stock has seen significant pressure recently, trading near its 52-week low of $3.43.
The partnership combines ProFrac’s surface automation technology with Seismos’ subsurface monitoring capabilities to provide real-time data during hydraulic fracturing operations. According to the company statement, the system enables both supervised operations, where engineers can make real-time adjustments, and unsupervised operations that execute pre-defined decisions automatically. For investors seeking deeper insights, InvestingPro maintains comprehensive coverage of ProFrac’s operational metrics and financial health, which currently shows a FAIR overall rating.
"By combining ProPilot’s surface automation with Seismos’ subsurface intelligence, we’re delivering more control to operators through dynamic completion design," said Matt Wilks, Executive Chairman of ProFrac, in the press release.
The companies are offering two deployment models: a supervised mode allowing engineers to make real-time adjustments based on subsurface data, and an unsupervised mode that executes pre-defined decisions automatically. While the company focuses on technological advancement, InvestingPro analysis indicates current challenges, with analysts revising earnings expectations downward for the upcoming period. Subscribers can access over 10 additional ProTips and detailed financial metrics in the Pro Research Report.
Panos Adamopoulos, CEO of Seismos, stated that the company introduced the concept of Closed Loop Fracturing and holds patents on the technology.
The partnership aims to integrate the technology across ProFrac’s fleet operations. The companies claim the system provides continuous monitoring of friction, perforation performance, and flow distribution during hydraulic fracturing operations.
ProFrac provides hydraulic fracturing, proppant production and related completion services to oil and natural gas companies in North America, while Seismos specializes in AI-powered acoustic sensing technology.
In other recent news, ProFrac Holding Corp reported its Q2 2025 earnings, revealing a decline in revenue and a wider-than-expected loss per share. The company posted revenues of $520 million, down from $600 million in the previous quarter, with earnings per share (EPS) at -$0.26, missing the forecasted -$0.2311. Additionally, ProFrac announced a public offering of 18,750,000 shares of Class A common stock at $4.00 per share, expected to generate approximately $75 million in gross proceeds. The offering includes a 30-day option for underwriters to purchase up to an additional $11.25 million of its Class A common stock. This development follows the company’s efforts to raise capital amid financial challenges. The offering is anticipated to close around August 14, 2025, subject to customary closing conditions. These recent developments highlight ProFrac’s strategic financial maneuvers in response to its current economic situation.
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