Yahoo · Oct 20, 2026
ProPetro Services CFO Caleb Weatherl on Why Texas is ‘Central’ to its Business
In this NYSE Live interview, Caleb Weatherl, Chief Financial Officer of ProPetro Holding Corp., discusses the company's dual listing on NYSE Texas, the continued evolution of its completion services business, and the growing opportunities within power generation. Weatherl begins by highlighting ProPetro's strong Texas roots and its longstanding focus on serving customers throughout the Permian Basin. He explains how the company's operational concentration within one of North America's most active energy regions has helped support customer relationships and operational efficiencies. A significant portion of the discussion focuses on ProPetro's completion services business. Weatherl reviews recent fleet additions and explains how investments in natural gas-powered and electric fleet technologies are helping the company meet changing customer requirements while expanding operational capabilities. The interview also explores the rapid growth of ProPower, ProPetro's power generation platform. Weatherl discusses increasing demand for reliable electricity from oil and gas operators, industrial users, and data centers, highlighting how power availability has become an increasingly important factor across multiple industries. Another major theme is the rise of data center demand. Weatherl explains how artificial intelligence and digital infrastructure expansion are driving greater power consumption, creating new opportunities for companies capable of delivering dependable energy solutions at scale. The conversation further examines ProPower's growing portfolio of contracted power generation capacity and the company's efforts to secure additional projects and customer relationships. Weatherl discusses the importance of execution, operational reliability, and meeting customers' evolving energy needs. The interview also addresses Texas' position as a leading energy market. Weatherl notes that the state's economic growth, industrial development, and increasing energy requirements continue to drive opportunities for infrastructure investment and power generation expansion. Additionally, the discussion covers capital deployment, shareholder value creation, and the company's long-term growth objectives as it expands both its energy services and power generation businesses. Throughout the interview, Weatherl shares perspectives on power generation, data center growth, energy infrastructure, oilfield services, Texas economic development, capital allocation, operational performance, and the future of energy demand. Disclaimer: Informational content only. NYSE does not endorse or recommend investments, strategies, companies, products, or services discussed.
