Oilfield services company ProPetro Holding announced the Securities and Exchange Commission has opened an investigation into its financial disclosures and reporting.

ProPetro said it received a letter from the SEC regarding the investigation on Oct. 24, in which the SEC requested the company “provide certain documents, including documents related to the company’s internal investigation … and related events.” The company said it is cooperating with the SEC’s investigation.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...