ProPetro Holding Corp. (NYSE:PUMP) will look for M&A. Sam Sledge, Chief Financial Officer said during the Fourth Quarter 2023 Conference Call, "Our Silvertip wireline business continues to be a strong tailwind for earnings power and free cash flow generation. Building on our successful track record of accretive M&A during the fourth quarter of 2023, we acquired Par Five Energy Services, which adds additional scale to our cementing business.

The acquisition also expanded our operations to better serve both the Midland and Delaware basin areas of the Permian. Additionally, ProPetro is well-positioned to capitalize on potential revenue synergies, leveraging Par Five's capacity in tandem with the strong commercial architecture and established customer relationships of ProPetro. We are pleased that the accretive earnings and expected revenue synergies are already coming to fruition.

Value-enhancing acquisitions like Silvertip and Par are evidence of our ability to capitalize on accretive growth opportunities that increase our free cash flow generation. Moving forward, we will continue to be disciplined and opportunistic in pursuing value-accretive M&A opportunities as they arise".