ProFrac IPO: Should You Invest?

2 years ago
4

#ProFrac Holding Corp. (PFHC) has filed to raise $360 million from the sale of its Class A common stock in an IPO, according to an amended registration statement.

The company provides a variety of alternative formation well services in major U.S. shale oil basins.

I'm bullish on U.S. fossil fuel demand for the coming years as large economies move away from Russian products and the U.S. becomes a natural and more stable partner for providing oil & gas products to regions such as the EU.

Timestamps:

00:00 Introduction
06:02 Stats
08:52 Competitors
11:32 Meme Factor
13:54 Bull vs Bear

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