Business Context and Reporting Period
This Form 8-K Current Report was filed by ProPetro Holding Corp. (NYSE: PUMP) on July 28, 2019. The report addresses a specific corporate governance event regarding the Board of Directors.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to a disclosure of personnel changes and does not contain financial performance data.
Material Changes
On July 28, 2019, Royce W. Mitchell resigned from his position as a member of the Board of Directors, including his role on the Audit Committee. The Company explicitly stated that Mr. Mitchell did not resign as a result of any disagreement with the Company regarding its operations, policies, or practices.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the standard disclosure of the director's departure.
Key Facts for Investor Verification
- Royce W. Mitchell resigned from the Board of Directors and Audit Committee on July 28, 2019.
- The resignation was not caused by any disagreement with the Company.
- The report was signed by Dale Redman, Chief Executive Officer, on August 1, 2019.