Settings Today

Invesco Ltd. Has $10.76 Million Stake in ProPetro Holding Corp. (NYSE:PUMP)

Invesco Ltd. is a global investment management firm that operates in more than 40 countries and has over $1 trillion in assets under management. One of its investments includes a $10.76 million stake in ProPetro Holding Corp., a company that provides oilfield services to the energy industry.

ProPetro Holding Corp. is headquartered in Houston, Texas and operates in several countries, including the United States, Canada, and Mexico. The company's services include drilling, completion, production, and maintenance of oil and gas wells. ProPetro Holding Corp.'s stock is listed on the New York Stock Exchange under the ticker symbol NYSEPUMP.

Invesco Ltd.'s investment in ProPetro Holding Corp. represents a significant stake in the company's operations, and it suggests that Invesco sees potential for growth and profitability in the oilfield services industry. However, it is important to note that this information alone does not necessarily indicate the future performance of either Invesco or ProPetro Holding Corp., as there are many factors that can affect a company's financial results.


Published 52 days ago

Go Back to Reading NewsBack Read News Collect this News Article

© 2024 - ErnesTech - Privacy
E-Commerce Return Policy