Welcome to our dedicated page for Expro Group Holdings Nv news (Ticker: XPRO), a resource for investors and traders seeking the latest updates and insights on Expro Group Holdings Nv stock.
Expro Group Holdings NV (XPRO) delivers mission-critical well flow management solutions for global oil and gas operations, specializing in offshore and deepwater environments. This page provides investors and industry professionals with comprehensive access to official company announcements and verified news coverage.
Track XPRO's latest financial results, operational updates, and strategic initiatives through curated press releases and third-party analysis. Our repository includes updates on subsea innovations, production optimization projects, and regional expansions across North America, Europe, Africa, and Asia-Pacific markets.
Key content categories cover earnings reports, technology deployments, partnership agreements, and leadership changes. All materials are sourced directly from the company or reputable financial publications to ensure accuracy and compliance with disclosure standards.
Bookmark this page for streamlined access to XPRO's evolving market position in energy services. Check regularly for updates on well intervention advancements and production enhancement strategies critical to high-value oil and gas operations.
Expro Group Holdings (NYSE: XPRO) has announced its upcoming first quarter 2025 earnings conference call, scheduled for April 30, 2025, at 10:00 a.m. Central Time. The company will release its financial results for the quarter ended March 31, 2025, before the market opens on the same day.
The earnings release and presentation slides will be available on Expro's investor relations website prior to the call. Participants can pre-register for the call or join using the provided dial-in numbers: US: +1 833 470 1428, International: +1 404 975 4839 (Access code: 079161).
An audio replay will be accessible approximately 3 hours after the call's conclusion until May 14, 2025, via the company's website or by phone using US dial-in numbers 1 866 813 9403 or 1 929 458 6194 (Access ID: 923107).
Expro (NYSE: XPRO) has secured contracts worth over $10 million USD from OMV Petrom for the Neptun Deep gas project in the Black Sea, Romania. The contracts encompass the provision of subsea landing string, SeaCure® cementing technology, tubular running services, and Coretrax Advance drilling tools.
The Neptun Deep project, positioned as the largest natural gas development in the Romanian Black Sea, is important for Romania's energy supply. As part of its expansion strategy in Romania, Expro has made significant investments including:
- Opening a new office in Bucharest
- Establishing a new operational base
- Implementing a program to expand Romanian-based staff
Expro, with over 8,000 employees operating in approximately 60 countries, provides energy services across the entire well life cycle, including well construction, flow management, subsea well access, and well intervention and integrity solutions.
Expro (NYSE: XPRO) has secured a significant contract to provide Tubular Running Services (TRS) for the Netherlands' first offshore Carbon Capture and Storage (CCS) project. The scope includes recompletion and conversion of legacy offshore gas production wells into CO₂ injection wells, decommissioning shallow wells, and drilling platform slot recovery wells.
The company will deploy its proprietary non-marking TRS technology, specifically designed for corrosion-resistant alloy tubulars in highly corrosive CO₂ environments. This technology aims to maximize pipe longevity and ensure long-term well integrity. The contract reinforces Expro's position in well construction services and demonstrates their commitment to energy transition solutions.
Expro announced its Q4 and full-year 2024 results, reporting Q4 revenue of $437 million, a 3% sequential increase and 7% year-over-year growth. Full-year revenue reached $1,713 million, up 13% from 2023. Q4 Adjusted EBITDA was $100 million, an 18% sequential and year-over-year increase, with a margin of 23%. Full-year Adjusted EBITDA was $347 million, a 40% increase from 2023, with a margin of 20%. Q4 net income was $23 million, compared to a net loss of $12 million in Q4 2023. Full-year net income was $52 million, against a net loss of $23 million in 2023. The Board extended a $100 million stock repurchase program, with 1.2 million shares repurchased in Q4 2024. Expro provided a 2025 outlook, expecting stable to modestly increasing revenues and improved Adjusted EBITDA margins. Key achievements include $314 million in contract wins and notable technology advancements. The company plans for $120-$130 million in capital expenditures for 2025 and reported $185 million in cash and $121 million in debt as of December 31, 2024.
Expro Group Holdings (NYSE: XPRO) has announced its upcoming fourth quarter and full year 2024 earnings conference call, scheduled for February 25, 2025, at 10:00 a.m. Central Time. The company will release its financial results press release before market opens on the same day, along with associated presentation slides on their investor relations website.
Participants can pre-register for the call through a dedicated link or dial in directly using provided US (+1 833 470 1428) and International (+1 404 975 4839) numbers with access code 257167. A live webcast will be available on Expro's website, and an audio replay will be accessible for two weeks following the call, both via website and telephone.
Expro (NYSE: XPRO) has secured a contract worth over $10 million for well decommissioning services, focusing on a 52-well plug and abandonment (P&A) campaign. The project combines subsea safety systems and surface processing design for safe well entry and fluid management.
Operating from its Aberdeen hub, Expro will provide surface fluid management equipment and its 7-3/8" large-bore subsea test tree assembly (SSTTA) with surface tree and controls. The company has maintained a 15-year relationship with this client, having been involved in the original construction of many of these wells. The contract highlights Expro's capability to deliver solutions across the entire well lifecycle, offering subsea well access systems compatible with any Christmas tree type.
Expro (NYSE: XPRO) has signed a technology agreement (ETEC) with Petrobras to develop a new non-intrusive flowmeter. The innovative technology will provide real-time flow rates and pattern identification data to monitor slug instabilities, aiming to optimize well production efficiency. The clamp-on design will be non-intrusive and operate without radioactive sources.
The first prototype is scheduled for installation by Q3 2027. This development builds on Expro's experience in Mobile Fiscal Metering, having performed flow metering in over 1,000 wells. The new flowmeter will address challenges in understanding flow patterns and enable parameter adjustments for individual well optimization.
Expro Group Holdings reported Q3 2024 financial results with revenue of $423 million, down 10% sequentially but up 14% year-over-year. Net income reached $16 million with a 4% margin, improving from Q2 2024's $15 million and Q3 2023's $14 million loss. Adjusted EBITDA was $85 million with a 20% margin, including $7 million losses from Congo project. The company refined its full-year 2024 guidance to $1.72-1.75 billion revenue and $335-350 million Adjusted EBITDA. Q4 2024 revenue is expected between $440-470 million with Adjusted EBITDA of $90-105 million.
Expro Group Holdings N.V. (NYSE: XPRO) has announced its upcoming third quarter 2024 earnings release and conference call. The company will hold a conference call on October 24, 2024, at 10:00 a.m. Central Time to discuss results for the quarter ended September 30, 2024. A press release detailing the results will be issued before the market opens on the same day, along with associated presentation slides posted on the company's investor relations website.
Participants are encouraged to pre-register for the call using the provided link. The conference can also be accessed by dialing +1 833 470 1428 (US) or +1 404 975 4839 (International) with the access code 791796. A live webcast will be available on the investor section of www.expro.com. An audio replay will be accessible for two weeks following the call, both on the company's website and via telephone.
Expro Group Holdings N.V. (NYSE: XPRO) has announced its participation in the Barclays CEO Energy-Power Conference 2024. CEO Michael Jardon will present to investors on Wednesday, September 4, 2024, at 12:40 p.m. ET. The presentation will be accessible via a live webcast through the Barclays conference platform and Expro's website.
Interested parties can access the webcast through the Investor section of www.expro.com. Attendees are advised to log in at least 15 minutes early to register and download any necessary audio software. A replay of the event will be available for 180 days following the presentation on Expro's website. Additionally, the conference presentation materials will be accessible through the company's Investor section.
