Is ProPetro Holding (PUMP) One of the Best Energy Stocks to Buy Under $20 According to Billionaires?
ProPetro Holding Corp. (NYSE:PUMP) is included among the 10 Best Energy Stocks to Buy Under $20 According to Billionaires
ProPetro Holding Corp. (NYSE:PUMP) provides hydraulic fracturing and other complementary services to leading upstream oil and gas companies engaged in exploration and production. ProPetro Holding Corp. (NYSE:PUMP) received a boost on May 5 when Citi pumped up its price target on the stock from $16 to $20, while maintaining a ‘Buy’ rating on the shares. The target boost reflects an upside of over 20% from the current price levels.
The development comes after ProPetro Holding Corp. (NYSE:PUMP) reported mixed results for its Q1 2026 on April 30. The company posted a loss per share of $0.03 during the quarter, exceeding estimates by $0.06. However, its revenue of $270.7 was down by almost 25% YoY and fell short of expectations by around $6 million.