ProPetro Holding (PUMP) Asset Writedowns and Impairment (2019 - 2022)

ProPetro Holding (PUMP) reported Asset Writedowns and Impairment of $57.5 million for Q2 2022, up 454.52% quarter-over-quarter from -$16.2 million in Q4 2020.

ProPetro Holding (PUMP) Asset Writedowns and Impairment (2019 - 2022) Analysis & Trends

ProPetro Holding (PUMP) has 3 years of Asset Writedowns and Impairment data on file, last reported at $57.5 million in Q2 2022.

  • Asset Writedowns and Impairment for Q2 2022 came in at $57.5 million, changed N/A year-over-year; the trailing twelve-month figure through Jun 2023 was $57.5 million (changed 0.0% YoY), and the FY2024 annual result was $188.6 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment rose to $57.5 million in Q2 2022 per PUMP's latest filing, from -$16.2 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $57.5 million in Q2 2022 and troughed at -$16.2 million in Q4 2020.
  • A 3-year average of $14.7 million and a median of $8.8 million in 2019 frame the typical range for Asset Writedowns and Impairment.
  • On a YoY basis, Asset Writedowns and Impairment climbed as much as 1807.69% in 2020 and fell as far as 1807.69% in 2020.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $949000.0 in 2019, then tumbled by 1807.69% to -$16.2 million in 2020, then surged by 454.52% to $57.5 million in 2022.
  • Business Quant data shows PUMP's Asset Writedowns and Impairment at $57.5 million in Q2 2022, -$16.2 million in Q4 2020, and $16.7 million in Q1 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn
5 Enerflex 8.62 Bn 8.57 Bn -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn
10 ProPetro Holding 1.72 Bn 1.57 Bn 58.99 Mn

Historic Data

Download Data
DateValue
Jun 30, 2022 57.45 Mn
Jun 30, 2022 57.45 Mn
Dec 31, 2020 -16.21 Mn
Dec 31, 2020 -16.21 Mn
Mar 31, 2020 16.65 Mn
Mar 31, 2020 16.65 Mn
Dec 31, 2019 949,000.00
Dec 31, 2019 949,000.00