Welcome to our dedicated page for EXTN news (Ticker: EXTN), a resource for investors and traders seeking the latest updates and insights on EXTN stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EXTN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EXTN's position in the market.
Enerflex Ltd. and Exterran Corporation announced a business combination to create a leading global energy infrastructure provider, retaining the Enerflex name and Calgary as headquarters. The all-share transaction values Exterran at approximately US$735 million, reflecting an 18% premium. Enerflex shareholders will own 72.5% of the new entity. The merger aims to enhance operational efficiencies with expected annual synergies of over US$40 million and improve profit margins, targeting a pro forma Adjusted EBITDA of US$360 to $400 million for 2023.
Exterran Corporation (NYSE: EXTN) reported third quarter 2021 results with revenue of $161.3 million and a net loss of $15.6 million, or $0.47 per share. Net debt decreased by $15 million. The company achieved over $125 million in contract renewals in Latin America and has an ECO backlog totaling $1.4 billion. Adjusted EBITDA guidance for the full year is updated to $143-148 million. Despite challenges, Exterran's CEO expressed confidence in a $3.5 billion pipeline and operational improvements planned for 2022.
Exterran Corporation (NYSE: EXTN) will release its third quarter 2021 results on November 2, 2021, after market close. A conference call is scheduled for November 3, 2021, at 10 a.m. Central Time to discuss these results, available via phone or webcast. Exterran provides solutions in oil, gas, water, and power markets, specializing in natural gas processing and midstream infrastructure. The company operates in approximately 25 countries and is headquartered in Houston, Texas.
Exterran Corporation (NYSE: EXTN) announced the award of a significant new Contract Operations project for its Exterran Water Solutions business on September 23, 2021. The contract, valued similarly to a prior project, will enable the treatment of over 150,000 barrels of water per day. This project now constitutes over 25% of the Company’s Contract Operations backlog and is part of a previously communicated multi-year forecast. The CEO expressed confidence in the company's growing opportunities and commitment to sustainability.
Exterran Corporation (NYSE: EXTN) reported its second quarter 2021 financial results, demonstrating adjusted EBITDA growth of over 40% year-over-year, with a guidance reaffirmation of $150-160 million for the full year. Revenue for the quarter was $146.2 million, resulting in a net loss of $35.1 million or $1.06 per share. Contract operations segment revenues rose 8% sequentially. The company flagged ongoing challenges from COVID-19, particularly affecting operations in the Eastern Hemisphere and acknowledged the ongoing review of its capital structure.
Exterran Corporation (NYSE: EXTN) will announce its second quarter 2021 results on August 9, 2021, post-market. A conference call to discuss these results is set for August 10, 2021, at 10 a.m. Central Time, available via phone and webcast. Investors can join the call by dialing 877-524-8416 or through the company's investor relations website. Exterran provides midstream infrastructure solutions in oil, gas, and power markets globally, operating in approximately 25 countries. The company cautions that results may vary due to unforeseen factors affecting financial performance.
Exterran Corporation (NYSE: EXTN) announced first quarter results, reporting a net loss of $29 million on revenue of $136.2 million. A new $200 million contract for Exterran Water Solutions is expected to enhance growth. The company raised its full-year adjusted EBITDA guidance to a range of $150-$160 million, anticipating a compounded growth rate of at least 15% over the next two years. Despite sequential revenue declines across segments, adjusted gross margins improved due to productivity emphasis. A thorough review of the capital structure is underway to capitalize on growth opportunities.
Exterran Corporation (NYSE: EXTN) will announce its Q1 2021 results on May 4, 2021, before market opening. A conference call is scheduled for the same day at 8 a.m. CT to discuss the results, accessible via phone or webcast. Investors can connect through Exterran’s website for the live broadcast. Exterran is a global provider of midstream infrastructure solutions, operating in 25 countries. The company is headquartered in Houston, Texas. Caution is advised regarding forward-looking statements as actual results may vary due to various uncertainties.
Exterran Corporation (NYSE: EXTN) reported its fourth quarter 2020 results, highlighting a net loss of $33.9 million on revenues of $151.7 million. This reflects an increase in EBITDA to $38.8 million, marking the highest quarterly EBITDA for the year. The company secured a significant $200 million contract for its Exterran Water Solutions business, signaling a shift towards energy transition and sustainability. Despite a 12% decline in contract operations backlog to $1.1 billion compared to Q4 2019, Exterran remains focused on executing key projects, aiming to drive future cash flow.
FAQ
What is the market cap of EXTN (EXTN)?
