HOUSTON--(BUSINESS WIRE)-- Sixth paragraph, last sentence of the release should read: Second quarter revenue is expected to reflect approximately 3% year-on-year growth and sequential growth of 7%, with Adjusted EBITDA Margin in an expected range of 20% to 21%, or up 200 to 300 basis points year-on-year and sequentially in both cases based on the mid-point of second quarter guidance (instead of Second quarter revenue is expected to reflect approximately 20% year-on-year growth and sequential growth of 8%, with Adjusted EBITDA Margin in an expected range of 20% to 21%, or up 200 to 300 basis po...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on April 25, 2024 to discuss results for the quarter ended March 31, 2024. The conference call is scheduled to begin at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on April 25 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call. We encourage those who plan to dial-in to th...
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO), a leading provider of energy services, has published its latest sustainability report, highlighting the Company’s achievements in 2023 along with the progress it has made during that time working toward its near- and long-term environmental, social and governance (ESG) objectives. This press release features multimedia. View the full release here: Headshot of Mike Jardon, Chief Executive Officer of Expro. (Photo: Business Wire) Projects delivered this year, that are highlighted in the report, include a custom solution to support the testing of ne...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three months and year ended December 31, 2023. Fourth Quarter 2023 Financial Highlights • Revenue was $407 million compared to revenue of $370 million in the third quarter of 2023, a sequential increase of $37 million, or 10%, primarily driven by a rebound of activity in North and Latin America (“NLA”) and the acquisition of PRT Offshore in the beginning of the fourth quarter. • Net loss for the fourth q...
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO), a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by Buckthorn Partners. This press release features multimedia. View the full release here: Total consideration to be paid at closing is approximately $210 million, including at least $75 million of cash ...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on February 21, 2024 to discuss results for the fourth quarter and full year ended December 31, 2023. The conference call is scheduled to begin at 12:00 p.m. Central Time (1:00 p.m. Eastern Time). A press release regarding the results will be issued before the market opens on February 21 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call. We encourage t...
HOUSTON--(BUSINESS WIRE)-- Energy services provider, Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”), has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project. This press release features multimedia. View the full release here: Expro's Rotary Spider system (Photo: Business Wire) Expro’s work scope, will include the delivery of tubular running services for multiple sections of casing, liner and tubing across a 12-mont...
HOUSTON--(BUSINESS WIRE)-- Leading energy services provider Expro (NYSE: XPRO) is celebrating 40 years of successfully leading the way in the subsea sector since the launch of its first subsea test tree system in the North Sea in 1983. This press release features multimedia. View the full release here: Expro Celebrates 40 Years of Subsea Success (Graphic: Business Wire) From the creation of its first 10ksi subsea test tree assembly (SSTTA) for an exploration and appraisal well project for Hamilton Brothers in the North Sea in 1983, to the development of its industry-leading high debris 15K sh...
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO), a leading energy services provider, has renewed and expanded a strategic partnership agreement with Di Drill Survey Services Inc., a leading provider of high-end HPHT logging, Gyro survey services, and magnetic ranging for complex abandonment services to the oil & gas and geothermal sectors, based in Bakersfield, California. This press release features multimedia. View the full release here: Expro and Di Drill Survey Services Expand Strategic Partnership (Photo: Business Wire) The strategic partnership agreement formalizes and strengthens a growi...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) today announced that Michael Jardon, Chief Executive Officer, will participate in a panel discussion at the Goldman Sachs Energy, CleanTech and Utilities Conference at 1:40 p.m. ET on Thursday, January 4, 2024. Mr. Jardon and Quinn Fanning, Chief Financial Officer, will also host investor meetings on Thursday, January 4, 2024 and Friday, January 5, 2024. A live webcast of Expro’s panel discussion can be accessed via Goldman Sachs Energy, CleanTech and Utilities Conference or under the Investor section of . Please log on at lea...
Two Directors at Fiserv Inc sold 7,417 shares at between 0.000USD and 129.910USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last t...
HOUSTON--(BUSINESS WIRE)-- Leading energy services provider Expro (NYSE: XPRO) has been named Intervention Champion of The Year at the OWI Global Awards 2023. The company also won Energy Transition Pioneer of The Year for its commitment to sustainable energy solutions. Organized by Offshore Network, the awards recognize the best in well intervention excellence. Expro was also shortlisted for the Best Example in of Digital Innovation and Best Example of Platform Intervention. The award for Intervention Champion of The Year recognizes Expro's dedication to Subsea Well Access reaching over 40...
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO) has been awarded a Corporate Frame Agreement to deliver well testing services for Equinor in the Norwegian Continental Shelf (NCS). This press release features multimedia. View the full release here: Expro's modular well test clean-up package (Photo: Business Wire) The Corporate Frame Agreement will see a substantial delivery of well testing operations in the NCS from a single service provider, across the Barents, Norwegian and North Sea. Expro will deliver the contract using its multi-disciplined local team in Stavanger, supported by its Fluids c...
HOUSTON--(BUSINESS WIRE)-- Energy services provider Expro (NYSE: XPRO) successfully completed a well cement placement project for a large international operator in the U.S. Gulf of Mexico, delivering an inner-string cementing on a subsea well's 22" surface casing in a water depth of approximately 2,000 meters in the Mississippi Canyon area. When integrated with Expro’s other well construction technologies, the company’s innovative , including SeaCure®, QuikCure®, and CoreCure®, offers a comprehensive package for ultimate cement placement and provides a complete “head-to-shoe” solution. This p...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and nine months ended September 30, 2023. Third Quarter 2023 Highlights • Revenue was $370 million compared to revenue of $397 million in the second quarter of 2023, a decrease of $27 million, or 7%, driven by lower activity, primarily in the North and Latin America (“NLA”) region. • Net loss for the third quarter of 2023 was $14 million, or $0.10 per diluted share, compare...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on October 26, 2023, to discuss results for the quarter ended September 30, 2023. The conference call is scheduled to begin at 12:00 p.m. Central Time (1:00 p.m. Eastern Time). A press release regarding the results will be issued before the market opens on October 26 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call. We encourage those who plan to dial...
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO), a leading provider of energy services, today announced it has completed its previously announced acquisition of offshore services provider PRT Offshore. This press release features multimedia. View the full release here: Expro's Chief Executive Officer Michael Jardon (Photo: Business Wire) PRT Offshore is based in Houston, Texas, and is the only company to provide a complete Hook-to-Hanger™ solution enabling comprehensive well completions, interventions, and decommissioning services from surface to subsea. Its unique system is designed to allow c...
HOUSTON--(BUSINESS WIRE)-- Expro (NYSE: XPRO), a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire offshore services provider, PRT Offshore. This press release features multimedia. View the full release here: Expro's Chief Executive Officer Michael Jardon (Photo: Business Wire) Total consideration to be paid at closing is approximately $106 million, including $62 million of cash and $44 million of newly issued Expro shares. Potential additional consideration will ...
Expecting Russell 2000 (IWM) Breakout Above $199 We continue to believe the path of least resistance is higher for the major equity indexes, which has been our stance since our 5/30/23 ETF Pathfinder. We also remain bullish on the S&P 500, and we expect to see support at its 50-day MA moving forward. Beginning with our 7/18/23 Compass, we discussed our expectation for major 1+ year breakouts on the equal-weighted S&P 500 (RSP), Dow, and Russell 2000 (IWM). The breakouts happened later that day ...
HOUSTON--(BUSINESS WIRE)-- Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights Revenue was $397 million compared to revenue of $339 million in the second quarter of 2023, an increase of $58 million, or 17%, driven by higher activity across all of Expro’s segments, most notably in Europe and Sub-Saharan Africa (ESSA) and Asia-Pacific (APAC). Net income for the second quarter of 2023 was $9 million, or $0.08 per diluted share, compared to net los...
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