ProFrac Holding Corp. is a vertically integrated energy services company providing hydraulic fracturing, proppant (frac sand) production, manufacturing of specialized oilfield equipment, and chemistry and data technology services to upstream oil and natural gas exploration and production companies developing North American unconventional resources. The company operates through four business segments: Stimulation Services, which deploys a fleet of hydraulic fracturing units; Proppant Production, which operates multiple sand mines with significant annual processing capacity; Manufacturing, which produces pumps, valves, manifolds, and fluid ends; and Flotek, a chemistry and data technology provider. Revenue is generated by selling stimulation services to E&P companies, supplying proppant to oilfield service providers and operators, selling manufactured equipment, and providing specialized services and technology, with demand fluctuating primarily according to oil and natural gas prices and customer capital spending decisions.