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ProFrac Holding (ACDC) was Among the Energy Stocks That Gained the Most This Week

The share price of ProFrac Holding Corp. (NASDAQ:ACDC) surged by 6.5% between May 14 and May 21, 2025, putting it among the Energy Stocks that Gained the Most This Week. Let’s shed some light on the development.

Oil and gas workers operating high horsepower pumps on a hydraulic fracturing site.

ProFrac Holding Corp. is a technology-focused energy services company operating in the United States.

The share price of ProFrac Holding Corp. continues to surge after the company posted strong results for its Q1 2025 this month, with revenue increasing 32% and Adjusted EBITDA increasing 83% compared to the fourth quarter of 2024. Profrac’s net loss also decreased significantly by 85.3% from the previous quarter, coming in at $15 million. As a result, the company’s EPS of -$0.09 topped expectations by $0.23, while its revenue of $600.3 million also beat estimates by $104.6 million. Moreover, ACDC recently announced the sale of power generation assets and related intellectual property to Flotek for $105 million. Flotek concurrently entered into an agreement for a six-year dry lease of the acquired assets with Profrac.

After the recent surge, ACDC has gained by more than 40% over the last 30 days.

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