5 High Growth Energy Stocks to Buy Now

3. ProPetro Holding Corp. (NYSE:PUMP)

On March 30, BofA analyst Saurabh Pant initiated coverage of ProPetro Holding Corp. (NYSE:PUMP) with a Buy rating and an $18 price target, highlighting the company’s attractive positioning within the oilfield services sector. The firm expects a cyclical recovery in completions activity by 2027, alongside a meaningful growth inflection from its emerging PROPWR power business. Forecasts indicate a significant shift in EBITDA contribution over time, with the power segment expected to become a substantial driver of earnings growth.

On February 25, Barclays raised its price target on ProPetro Holding Corp. (NYSE:PUMP) to $12 from $11 while maintaining an Equal Weight rating, updating its financial model following the company’s fourth-quarter results. The firm’s outlook reflects steady operational performance, while acknowledging the evolving growth profile driven by diversification into power-related services.

ProPetro Holding Corp. (NYSE:PUMP) is an oilfield services provider specializing in pressure pumping and completion services, primarily operating in the Permian Basin. Headquartered in Midland, Texas, the company is strategically positioned to benefit from both traditional energy activity and emerging power infrastructure demand. With a diversified growth trajectory and improving earnings outlook, ProPetro offers a compelling investment opportunity with significant upside potential.