The largest hydraulic fracturing service provider in North America: ProFrac Holding Corp. (ACDC)

ProFrac Holding Corp. (NASDAQ: ACDC), founded in 2016, headquartered in Willow Park, Texas, USA, with 1163 full-time employees, is a growth oriented, vertically integrated and innovation driven energy service company that provides hydraulic fracturing Well completion services and other supporting products and services.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

ProFrac Holding Corp. (ACDC)

ProFrac was founded in 2016 to become the preferred service provider for E&P's most demanding hydraulic fracturing needs. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

ProFrac focuses on adopting new technologies to significantly reduce "greenhouse gas" ("GHG") emissions and improve efficiency, which has historically been an emission intensive component of unconventional exploration and production. ProFrac believes that the technical and operational capabilities of its fleet enable the company to ideally grasp the changing needs due to market recovery and customer preferences for sustainable development of natural resources. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

ProFrac's business is mainly concentrated in Appalachia, East Texas/Louisiana and the Permian Basin, where it has established deep and long-term customer relationships with some of the most active exploration and production companies. ProFrac operates in three business segments: stimulation services, manufacturing and proppant production. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

Calculated by hydraulic horsepower (HHP), ProFrac is Largest in North America The total installed capacity of 45 conventional fleets of private providers of hydraulic fracturing services exceeds 2.3 million HHP. As of March 23, 2022, 31 of them are active, accounting for about 1.6 million HHP. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

ProFrac Holding Corp. (ACDC) service encyclopedia

1、Manifolds The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

Centipede's streamlined 7 1 ⁄ 16 inch high-pressure manifold design reduces installation time, grinding iron, and field vibration. Non production time is also greatly reduced, allowing faster start-up times and extended operating times, thereby reducing fuel use and emissions. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

Centipede also reduced the amount of iron connections by 80%, and virtually eliminated vibration in the field to reduce sound. Each Centipede is equipped with two 7 1 ⁄ 16 inch plug valves and a 7 1 ⁄ 16 inch check valve. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

2、Idle Management The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

Part of ProFrac's ongoing efforts to increase its environmental, social and governance (ESG) efforts is the engine standby controller (ESC) powered by EKU Power Drives. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/acdc.html

ESC replaces the existing hydraulic start-up and wet kit on the fracturing unit to automatically de energize during idling. This automatic power-off can reduce the carbon footprint by up to 388 metric tons and eliminate 80% of idle time.

3、Dual Fuel

The dual fuel conversion allows the use of natural gas instead of diesel during plant operation. More than half of the ProFrac Tier IV pumps are equipped with dual fuel technology. The replacement rate of ProFrac varies from 40% to 75%, depending on the operation. This substitution reduced diesel transportation to and from the site by about 50%. This also significantly reduces CO during operation _two E Emissions.

4、Lab Capabilities

Profrac Services provides the following laboratory capabilities to help provide our customers with the most efficient and economical chemicals.

ProFrac provides modeling and prediction applications that enable users to model chemistry to predict scaling, inhibitor limits, corrosion, and mixing and water reuse. The logging module can analyze the scaling potential and processing requirements from bottom hole to separator and after flashing to atmospheric pressure. This allows modeling of more than 18 related scales and displays saturation within an adjustable range.

5、Frac Pumps

Profrac's fracturing pump uses a 12 inch central power end and an additional 54000 lbs. rod load to provide the best pressure for well stimulation. With an additional 3395 psi, ProFrac's pumps will always power your toughest fracturing operations.

Profrac has the largest and latest Tier IV and Tier IV dual fuel pump fleet in the industry. In addition, Profrac's pumps are equipped with an engine standby controller (ESC) to reduce emissions and fuel consumption by eliminating engine idle time.

6、 Fire Suppression System

All pumps and mixers in ProFrac are equipped with an AFEX fire extinguishing system. The system has triple redundant drive, which can be manually started on the pump, the sensor trigger system on the pump, and the power supply for starting in the data vehicle to significantly reduce fire related accidents.

7、ESG（Environmental, Social, Governance）

ProFrac is committed to reducing emissions and introducing initiatives that help protect our environment. The Tier IV pump of ProFrac uses dual fuel operation, which can reduce CO2e emissions by 27% and NOX emissions by 80%. Running dual fuel can also reduce diesel fuel delivery on site by up to 50%.

Engine Standby Controller (ESC) replaces the existing hydraulic startup and wet kit on the fracturing unit, and can automatically power off during idling. This automatic power-off can reduce the carbon footprint by up to 388 metric tons and eliminate 80% of idle time.

ProFrac strives to quantify the carbon footprint of its operations and set specific emission reduction targets by the end of 2021.

8、Simul-Frac

ProFrac's Simul Frac service significantly improves the efficiency of the backing plate by up to 50% through higher average barrels per minute (bpm), daily stages and daily average transverse feet. This design also reduces oil consumption and the total time of fracturing the well.

Simul Frac is a completion technique in which a single unit is used to stimulate two horizontal wells simultaneously. The Simul Frac operation requires more horsepower than the zipper fracturing design, which makes the company's high output ProFrac fleet EPA certified Tier IV pump unit and related fracturing equipment a suitable solution.

9、Manufacturing

ProFrac designs and manufactures its equipment in the company's 130000 square foot facility, taking into account the worst multi well operating environment. ProFrac's equipment is improved by constant feedback loops provided directly from the field.

ProFrac's Cisco, Texas plant produces up to 30 fracturing units per month. The company is equipped with 15k psi test bench with cooling device for long-term operation.

For the 12 months ended September 30, 2021, ProFrac Holding's revenue was $656 million. Revenue for the 12 months ended December 31, 2021 was $768 million.

ProFrac Holding Corp. (ACDC) Historical Encyclopedia

On November 22, 2021, ProFrac Holding, which provides hydraulic fracturing and well completion services for upstream E&P in North America, submitted the IPO Application to raise up to $100 million through an IPO. ProFrac plans to be listed on NASDAQ under the stock code of PFHC. ProFrac Holding submitted the application secretly on September 9, 2021.

On May 4, 2022, ProFrac Holding announced its plan to raise $360 million by issuing 16 million shares at a price of $21 to $24 on May 12, 2022. At the midpoint of the proposed range, ProFrac Holding will have a market capitalization of $3.2 billion. J.P. Morgan , Piper Sandler , and Morgan Stanley Is the joint bookrunner of the transaction.

On May 12, 2022, ProFrac plans to postpone the IPO date to May 13. The Wilks Family expressed interest in buying shares worth $117 million (33% of the transaction). The IPO price is $18, lower than the price range of $21 to $24.

On November 1, 2022, ProFrac Holding (formerly NASDAQ: U.S. Well Services (NASDAQ stock code: USWS), in which ProFrac issued about 12.9 million ordinary shares to holders of U.S. Well shareholders.

On December 5, 2022, ProFrac Holding (ACDC) acquired the Eagle Ford sand mining business of Monarch Silica, LLC. This further proves ProFrac's commitment to its vertical integration strategy and provides the company with a way to obtain high-quality local proppant at Eagle Ford.

On December 27, 2022, ProFrac Holding (ACDC) completed the acquisition of Eagle Ford sand mining business of Monarch Silicon. In addition, ProFrac Holdings II, a subsidiary of the company, has agreed to acquire REV Energy Holdings for US $140 million.

On February 15, 2024, ProFrac Holding (NASDAQ stock code: ACDC) said that its Alpine Silica proppant production department had secretly submitted the registration draft of the proposed initial public offering (IPO) to the U.S. Securities and Exchange Commission. Alpine Silica operates fractured sand reserves and produces five different sand products in the Hainsville mine in Louisiana and the Permian Basin in western Texas.

ProFrac Holding Corp. (ACDC) US equity investment