| 2017-08-08 16:47:45|
PUMP 16:47 08/08 08/08/17
ProPetro sees FY17 CapEx $270M-$290M
The company expects capital expenditures for 2017 to range between $270 million and $290 million. Approximately $144 million has been incurred as of June 30, 2017. The total anticipated full year spend is inclusive of 6 new build frac fleets, additional Tier 2 diesel engines, a small amount of growth in ancillary services, and maintenance capital expenditures.