ProPetro's PROPWR Secures Microgrid Contract With Coterra Energy and Adds 190 Megawatts in New Orders

Reuters12-12

ProPetro's PROPWR Secures Microgrid Contract With Coterra Energy and Adds 190 Megawatts in New Orders

ProPetro Holding Corp. announced that its PROPWR division has signed a contract to provide turnkey power for distributed microgrids in the New Mexico portion of the Permian Basin with a subsidiary of Coterra Energy Inc. The project deployment and operations are scheduled to begin in the first quarter of 2026. With this agreement, PROPWR has over 220 megawatts committed under contract, including 190 megawatts in new orders, with an average contract term of approximately five years across its portfolio. The company indicated continued activity in its other business lines and stated that PROPWR's commercial pipeline includes opportunities in both the oilfield and data center sectors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProPetro Holding Corp. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251212987483) on December 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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