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January 28, 2026 • 1-minute read
Vinson & Elkins advised ProPetro Holding Corp. (the “Company”) in connection with an underwritten public offering of 17,250,000 shares of its common stock, par value $0.001 per share (the “Common Stock”), at a price to the public of $10.00 per share, for total net proceeds of approximately $163.3 million, which was inclusive of 2,250,000 shares of Common Stock being issued pursuant to the underwriter’s exercise of its option to purchase additional shares under the Underwriting Agreement. The transaction closed on January 28, 2026.
The Vinson & Elkins team was led by partner Mike Telle and counsel Alex Lewis, with assistance from associates Shelby Shearer, Chandni Jaggi, Tate Shaw, and David Strumeyer. Also advising were partner Lina Dimachkieh and associate Sarah McIntosh; partners Darin Schultz and Caitlin Lawrence and associates John Brown and Rebecca Simon; partner Matthew Dobbins and senior associate Kelly Rondinelli; counsel Katherine Smith and associate Matt Green; partner Jeff Johnston.
About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 14 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.
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