4 unchanged sentences
Based upon that evaluation, our principal executive officer and principal financial officer concluded that our disclosure controls and procedures were effective at the reasonable assurance level as of December 31, 2025.
−Removed: As noted in Management’s Report on Internal Control over Financial Reporting, management’s evaluation of, and conclusion on, the effectiveness of internal control over financial reporting did not include the internal controls of AquaProp , which was acquired on May 31, 2024.
−Removed: Under guidelines established by the SEC, companies are permitted to exclude acquisitions from their assessment of internal control over financial reporting during the first year of an acquisition while integrating the acquired company.
−Removed: We are in the process of integrating AquaProp’s internal controls with our internal controls over financial reporting.
−Removed: As a result of these integration activities, certain controls will be evaluated and may be changed.
Management’s Report on Internal Control over Financial Reporting
13 unchanged sentences
maintained effective internal control over financial reporting as of December 31, 2025.
−Removed: Management’s evaluation of, and conclusion on, the effectiveness of internal control over financial reporting did not include the internal controls of AquaProp, which was acquired on May 31, 2024, and whose financial statements constitute 4.9% and 3.1% of total assets and revenue, respectively of the consolidated financial statement amounts as of and for the year ended December 31, 2024.
The inde pendent registered public accounting firm, RSM US LLP, Houston, Texas, United States, has audited the consolidated financial statements as of and for the year ended December 31, 2025, and has also issued their report on the effectiveness of the Company’s internal control over financial reporting, included in this Annual Report under Part II, Item 8 above.
25 unchanged sentences
Number Description
−Removed: 2.1 Purchase and Sale Agreement, dated as of November 1, 2022, between ProPetro Holding Corp.
−Removed: and New Silvertip Holdco, LLC (incorporated by reference herein to Exhibit 2.1 to ProPetro Holding Corp.’s Current Report on Form 8-K dated October 31, 2022).
3.1 Amended and Restated Certificate of Incorporation of ProPetro Holding Corp., dated as of June 19, 2019 (incorporated by reference herein to Exhibit 3.1 to ProPetro Holding Corp.’s Current Report on Form 8-K, dated June 19, 2019).
12 unchanged sentences
333-215940)).
−Removed: 10.2# ProPetro Holding Corp.
−Removed: 2020 Long Term Incentive Plan (incorporated by reference herein to Exhibit 10.3 to ProPetro Holding Corp.’s Current Report on Form 8-K, dated October 26, 2020) .
10.2# Form of ProPetro Holding Corp.
22 unchanged sentences
2020 Long Term Incentive Plan Performance Share Unit Grant Notice and Performance Share Unit Agreement (incorporated by reference herein to Exhibit 10.2 to ProPetro Holding Corp.’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021).
−Removed: 10.14 Restatement Agreement, dated as of April 13, 2022, by and among ProPetro Holding Corp., and ProPetro Services, Inc., Barclays Bank PLC, as the Administrative Agent, the Collateral Agent, a Letter of Credit Issuer and the Swingline Lender, and each of the Lenders and Letter of Credit Issuers from time to time party thereto (incorporated by reference herein to Exhibit 10.1 to ProPetro Holding Corp.’s Current Report on Form 8-K, dated April 13, 2022).
+Added: 10.13# 2025 Form of ProPetro Holding Corp.
+Added: Second Amended and Restated 2020 Long Term Incentive Plan Restricted Stock Unit Grant Notice and Restricted Stock Unit Agreement (Directors) (incorporated b referenced herein to Exhibit 10.2 to ProPetro Holding Corp.’s Quarterly Financial Report on Form 10-Q for the quarter ended March 31, 2025).
+Added: 10.14 Restatement Agreement, dated as of April 13, 2022, by and among ProPetro Holding Corp., and ProPetro Services, Inc., Barclays Bank PLC, as the Administrative Agent, the Collateral Agent, a Letter of Credit Issuer and the Swing line Lender, and each of the Lenders and Letter of Credit Issuers from time to time party thereto (incorporated by reference herein to Exhibit 10.1 to ProPetro Holding Corp.’s Current Report on Form 8-K, dated April 13, 2022).
10.15# Amended and Restated ProPetro Holding Corp.
2020 Long Term Incentive Plan (incorporated by reference to Exhibit 10.1 to the Company's Current Report on Form 8-K, dated May 11, 2023).
+Added: 10.16# Second Amended and Restated ProPetro Holding Corp.
+Added: 2020 Long Term Incentive Plan (incorporated by reference herein to Exhibit 10.1 to the Company’s Current Report on Form 8-K, dated May 27, 2025 ).
10.17 Amendment No.
2 unchanged sentences
Non-Employee Director Compensation Policy (incorporated by reference herein to Exhibit 10.1 of ProPetro Holding Corp.’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023).
−Removed: 10.18# Sub - agreement for Hy dra u lic Fracturing Services effective as of April 22, 2024, between XTO Energy Inc.
+Added: 10.19# Second Amended and Restated ProPetro Holding Corp.
+Added: Non-Employee Director Compensation Policy (incorporated by reference herein to Exhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025).
+Added: 10.20# Sub-agreement for Hydraulic Fracturing Services effective as of April 22, 2024, between XTO Energy Inc.
(a wholly owned subsidiary of Exxon Mobil Corporation) and ProPetro Services, Inc.
−Removed: (incorporated by reference herein to Exhibit 10.1 of ProPetro Holding Corp’s Qua r terly Report on Form 10-Q for the quarter ended June 30, 2024).
+Added: (incorporated by reference herein to Exhibit 10.1 of ProPetro Holding Corp’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2024).
10.21 Amendment No.
2 to Amended and Restated Credit Agreement, dated as of June 26, 2024, by and among ProPetro Holding Corp., and ProPetro Services Inc.
−Removed: the Incremental Lenders and each existing Lender party thereto as a Consenting Lender and Barclays Bank PLC, as Agent (incorporated by referenced herein to Exhibi t 10.2 to ProPetro Holdin g Corp.
−Removed: ’ s Quarterly Financial Report on Form 10-Q for the quarter ended June 30, 2024 ).
+Added: the Incremental Lenders and each existing Lender party thereto as a Consenting Lender and Barclays Bank PLC, as Agent (incorporated by referenced herein to Exhibit 10.2 to ProPetro Holding Corp.’s Quarterly Financial Report on Form 10-Q for the quarter ended June 30, 2024).
+Added: 10.22* Amendment No.
+Added: 3 to Amended and Restated Credit Agreement, dated as of December 26, 2025, by and among ProPetro Holding Corp., and ProPetro Services Inc., each Lender party thereto as a Consenting Lender and Barclays Bank PLC, as Agent (incorporated by reference herein to Exhibit 10.1 of the Company’s Current Report on Form 8-K, dated December 26, 2025).
+Added: 10.23 Retention Bonus Agreement, effective March 3, 2025, by and between Celina A.
+Added: Davila and ProPetro Services LLC (incorporated by reference herein to Exhibit 10.2 to the Company’s Current Report on Form 8-K, dated March 4, 2025).
+Added: 10.24# Separation and Release Agreement, effective March 12, 2025, by and between David S.
+Added: Schorlemer and ProPetro Services Inc.
+Added: and, solely for purposes set forth therein, ProPetro Holding Corp.
+Added: (incorporated by referenced herein to Exhibit 10.2 to ProPetro Holding Corp.’s Quarterly Financial Report on Form 10-Q for the quarter ended March 31, 2025).
+Added: 10.25+ Master Loan and Security Agreement, dated April 2, 2025, by and among ProPetro Energy Solutions, LLC, Caterpillar Financial Services Corporation, the Company and ProPetro Services, Inc.
+Added: (incorporated by reference herein to Exhibit 10.1 to the Company’s Current Report on Form 8-K, dated April 8, 2025).
+Added: 10.26* Stonebriar Master Lease Agreement, dated as of December 29, 2025, by and among ProPetro Energy Solutions, LLC and Stonebriar Commercial Finance LLC (incorporated by reference herein to Exhibit 10.2 of the Company’s Current Report on Form 8-K, dated December 26, 2025).
+Added: 10.27+ First Amendment to Master Loan and Security Agreement, dated February 6, 202 6 , by and among ProPetro Energy Solutions, LLC, Caterpillar Financial Services Corporation, the Company and ProPetro Services, Inc.
+Added: (incorporated by reference herein to Exhibit 10.1 to the Company’s Current Report on Form 8-K, dated February 10, 2026).
16.1 Letter of Deloitte & Touche LLP dated March 1, 2023 (incorporated by reference herein to Exhibit 16.1 to ProPetro Holding Corp.’s Current Report on Form 8-K, dated March 1, 2023).
−Removed: 19.1(a) Insider Trading Policy
+Added: 19.1 Insider Trading Policy (inc orporated by reference herein to Exhibit 19.1 to Pr o Petro Hold ing Corp .
+Added: ’ s Annu al R eport on Form 10-K for the year en d ed December 31, 2024).
21.1(a) List of Subsidiaries of ProPetro Holding Corp.
−Removed: 23.1(a) Consent of RSM US LLP, an Independent Registered Public Accounting Firm.
−Removed: 23.2(a) Consent of Deloitte & Touche LLP, an Independent Registered Public Accounting Firm.
+Added: 23.1(a) Consent of RSM US LL P , an Independent Registered Public Accounting Firm.
31.1(a) Certification of Chief Executive Officer pursuant to Rule 13a-14(a) and Rule 15d-14(a) of the Exchange Act Rules, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
4 unchanged sentences
Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.
−Removed: 97.1# ProPetro Holding Corp.
−Removed: Incentive-Based Compensation Recovery (Clawback) Policy (incorporated by reference herein to Exhibit 9 7.1 to ProPetro Holding Corp.
−Removed: ’ s Annual Report on Form 10-K for the year ended December 31, 2023) .
+Added: 97.1# P roPetro Holding Corp.
+Added: Incentive-Based Compensation Recovery (Clawback) Policy (incorporated by reference herein to Exhibit 97.1 to ProPetro Holding Corp.’s Annual Report on Form 10-K for the year ended December 31, 2023).
101.INS(a) XBRL Instance Document
8 unchanged sentences
# Compensatory plan, contract or arrangement.
+Added: + Certain portions of this exhibit have been redacted pursuant to Item 601(b)(10)(iv) of Regulation S-K.
+Added: The Company agrees to furnish supplementally an unredacted copy of the exhibit to the Securities and Exchange Commission upon its request.
+Added: * Certain annexes, schedules, and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K.
+Added: The Company agrees to furnish a supplemental copy of any omitted schedule or attachment to the Securities and Exchange Commission upon request.
Form 10-K Summary
24 unchanged sentences
February 19, 2026
−Removed: /s/ Jack Moore
−Removed: February 20, 2025
/s/ Mary Ricciardello
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.