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Expro Group Holdings Nv - XPRO STOCK NEWS

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 N.V. (symbol: XPRO) is a global leader in well flow management, dedicated to providing essential services and products that measure, improve, control, and process flow from high-value oil and gas wells. With a primary focus on the offshore, deepwater, and other technically challenging environments, Expro delivers mission-critical services across three key areas:

  • Well Test & Appraisal Services: Offering comprehensive solutions for well testing and evaluation to ensure optimal well performance.
  • Subsea, Completion & Intervention Services: Specializing in subsea well access, completion, and intervention to enhance well integrity and productivity.
  • Production Services: Providing end-to-end production optimization services for both onshore and offshore applications.

Expro’s operations span the globe, delivering advanced offshore production solutions, a capability significantly enhanced by the 2021 merger with Frank's International. The company serves a diverse range of markets, with international and offshore segments constituting approximately 80% and 70% of their annual revenue, respectively.

Beyond well flow management, Expro supports well construction, well intervention, and subsea well access, effectively covering the entire well life cycle. Their innovative approach and technical expertise make them a preferred partner in the oil and gas industry, consistently delivering high-quality services and ensuring optimal well performance.

For more information, please visit: www.exprogroup.com/about-us

Rhea-AI Summary
Expro acquires PRT Offshore for $106 million, expanding its subsea well access technology offering. The acquisition is expected to be completed in Q4 2023. Expro aims to leverage PRT Offshore's expertise to deliver integrated customer solutions in the North and Latin America region. The total consideration is approximately 4.0x PRT Offshore's estimated 2023 and 2024 Adjusted EBITDA.
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Expro Group Holdings N.V. (NYSE: XPRO) reported Q2 2023 revenue of $397 million, up 17% sequentially and 27% year-over-year, with net income of $9 million. Adjusted EBITDA was $72 million, up 71% sequentially. The company reaffirms full-year guidance for revenue and Adjusted EBITDA.
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Expro Group Holdings N.V. has rescheduled its second quarter 2023 earnings release and conference call. The conference call will now take place on Thursday, July 27, 2023, at 12:00 p.m. Central Time (1:00 p.m. Eastern Time). The company will issue a press release and presentation slides before the market opens on July 27. Participants can pre-register for the conference call to receive immediate access. The webcast will be available on the Expro website, and an audio replay will be accessible for 12 months.
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Expro Group Holdings N.V. (NYSE: XPRO) will hold a conference call on May 4, 2023, at 10:00 a.m. CT to discuss its quarterly results for the period ending March 31, 2023. A press release detailing these results will be released before the market opens on the same day. Interested participants can pre-register to receive dial-in details. Additionally, listeners can access the call via a live webcast on the company's website. Audio replay of the call will be available approximately three hours after its conclusion, lasting until May 11, 2023. Expro, established in 1938, provides energy services globally across various well lifecycle stages with approximately 7,600 employees in about 60 countries.

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FAQ

What is the current stock price of Expro Group Holdings Nv (XPRO)?

The current stock price of Expro Group Holdings Nv (XPRO) is $10.82 as of March 3, 2025.

What is the market cap of Expro Group Holdings Nv (XPRO)?

The market cap of Expro Group Holdings Nv (XPRO) is approximately 1.4B.

What does Expro Group Holdings N.V. specialize in?

Expro specializes in well flow management, offering services that measure, improve, control, and process the flow from high-value oil and gas wells.

What are the main areas of service provided by Expro?

Expro provides services in well test & appraisal, subsea, completion & intervention, and production optimization.

Where does Expro operate?

Expro operates globally, with a significant focus on international and offshore markets.

What was a significant recent development for Expro?

A major development for Expro was the 2021 merger with Frank's International, enhancing their offshore production capabilities.

What percentage of Expro's revenue comes from international and offshore markets?

Approximately 80% of Expro's revenue comes from international markets, and 70% from offshore markets.

What is Expro's mission?

Expro's mission is to manage well flow, providing critical services and products from exploration to mature field production optimization.

What does Expro offer for well construction?

Expro offers comprehensive services for well construction, ensuring that wells are built to the highest standards.

How does Expro support well intervention and integrity?

Expro provides advanced techniques and services for well intervention and integrity, ensuring wells remain productive and safe.

What is the focus of Expro's production services?

Expro's production services focus on optimizing well performance for both onshore and offshore applications.

Where can I find more information about Expro Group Holdings N.V.?

More information can be found on their website at www.exprogroup.com/about-us.
Expro Group Holdings Nv

NYSE:XPRO

XPRO Rankings

XPRO Stock Data

1.36B
115.05M
0.83%
104.24%
5.04%
Oil & Gas Equipment & Services
Oil & Gas Field Services, Nec
Link
United States
HOUSTON