ACDC
NASDAQ · Energy · Oil & Gas Equipment & Services · US
ProFrac Holding Corp. (NASDAQ:ACDC) is a vertically integrated energy services company founded in 2016 and headquartered in Willow Park, Texas. The company went public in May 2022 during a period of significant expansion in the North American unconventional oil and gas sector. ProFrac provides hydraulic fracturing, completion services, and related equipment to upstream oil and gas companies engaged in extracting resources from unconventional formations like shale plays. The company has grown rapidly through acquisitions, completing eight major transactions totaling approximately $1.8 billion in 2022 alone, establishing itself as a significant player in the oilfield services industry with operations spanning stimulation services, manufacturing, and proppant production.