Q2 2021 INVESTOR PRESENTATION

August 3, 2021

FORWARD LOOKING STATEMENTS

Except for historical information contained herein, the statements and information in this presentation, including the oral statements made in connection herewith, are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions or that include the words "may," "could," "plan," "project," "budget," "predict," "pursue," "target," "seek," "objective," "believe," "expect," "anticipate," "intend," "estimate," and other expressions that are predictions of, or indicate, future events and trends and that do not relate to historical matters identify forward-looking statements. Our forward-looking statements include, among other matters, statements about our business strategy, industry, future profitability, expected fleet utilization, sustainability efforts, the future performance of newly improved technology (such as our DuraStim® fleets), expected capital expenditures and the impact of such expenditures on our performance and capital programs. A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We believe that we have chosen these assumptions or bases in good faith and that they are reasonable.

Although forward-looking statements reflect our good faith beliefs at the time they are made, forward-looking statements are subject to a number of risks and uncertainties that may cause actual events and results to differ materially from the forward-looking statements. Such risks and uncertainties include the volatility of and recent declines in oil prices, the operational disruption and market volatility resulting from the COVID-19 pandemic and other factors described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, particularly the "Risk Factors" sections of such filings, and other filings with the Securities and Exchange Commission (the "SEC"). In addition, we may be subject to currently unforeseen risks that may have a materially adverse impact on us, including matters related to shareholder litigation and the SEC investigation.

Accordingly, no assurances can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Readers are cautioned not to place undue reliance on such forward-looking statements and are urged to carefully review and consider the various disclosures made in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings made with the SEC from time to time that disclose risks and uncertainties that may affect our business. The forward-looking statements in this presentation are made as of the date of this presentation. We do not undertake, and expressly disclaim, any duty to publicly update these statements, whether as a result of new information, new developments or otherwise, except to the extent that disclosure is required by law.

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PROPETRO AT A GLANCE

Customer Focused

0.49

100%

Team Driven

Full Year 2020 TRIR

Concentration of Frac

38% lower than 2019 Industry Average

Operations in the Permian

2010

2017

2020

Begins hydraulic

Initial

Electrically

fracturing operations

public offering

Powered DuraStim

in the Permian Basin

(NYSE: PUMP)

field trials

2005

2013

2019

2021

Founded

Company

Announces initial

Announces Tier IV

recapitalization

phase of DuraStim

DGB sustainability

project

investment

2021

2011

2016

2019

1.4 million HHP

50,000 HHP

420,000 HHP

1.4 million HHP

(as of June 30, 2021)

Sustainability

Investments

Teamwork &

Collaboration

Execution

Capital

Discipline

© 2021 ProPetro Holding Corp. All Rights Reserved.

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CAPITAL MIGRATING TO OUR BACKYARD

Over $60 billion in Permian E&P transactions since 2018

Notable Transactions

Recent Permian Upstream Transactions

$3bn

$13bn

$13bn

$3bn

$6bn

$8bn

1%

ProPetro

FY2021

Revenue Mix

Non-Permian99%

Permian

ProPetro is solely focused where capital is migrating

* Source: Company filings and industry research, values as of time of announcement.

© 2021 ProPetro Holding Corp. All Rights Reserved.

4

POSITIONING FOR A CLEANER FUTURE

Displacing Conventional Diesel Fleets with Tier IV Dynamic Gas Blending (DGB)

Dual Fuel Equipment through Conversions and New-Build Purchases

Hydraulic Horsepower (HHP) Composition

Pounds of CO2 per mmbtu (1)

200

YE2020

150

100

50

0

Propane

Flared gas

Natural Gas

Diesel

(CNG/LNG)

Investing in displacement of

Tier IV DGB

DuraStim

legacy fuels(3)

$37mm

$145mm

Conventional

Diesel

YE2021(2)

Emissions

Conventional

Diesel

Friendly

  1. Emissions data from EIA website (www.eia.gov).
  2. Management estimates subject to change, DuraStim contribution dependent upon commercialization.
  3. Total investments since 2019.

© 2021 ProPetro Holding Corp. All Rights Reserved.

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ProPetro Holding Corp. published this content on 03 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 21:02:14 UTC.