Welcome to our dedicated page for Expro news (Ticker: XPRO), a resource for investors and traders seeking the latest updates and insights on Expro stock.
Expro Group Holdings N.V. reports developments for a global energy services business that works across the well life cycle. The company’s recurring updates cover well construction, well flow management, subsea well access, and well intervention and integrity services for onshore and offshore customers.
News about XPRO includes quarterly results and guidance, conference-call announcements, technology and service deployments such as Solus, ELITE Composition, and iTONG, and project work in oil and gas and geothermal applications. Company updates also cover material agreements, capital-structure matters, and governance topics tied to its public-company status.
Expro (NYSE:XPRO) reported second quarter 2026 revenue of $393 million, net income of $2 million, and Adjusted EBITDA of $76 million with a 19.3% margin. Operating cash flow was $81 million (20.7% of revenue), with free cash flow of $50 million and Adjusted free cash flow of $56 million. Liquidity totaled $492 million, including $200 million in cash and $292 million of revolving credit availability.
Expro repurchased about 1.3 million shares for $20 million in Q2, bringing year-to-date buybacks to roughly 2.5 million shares or $40 million, with $60 million remaining under its $100 million authorization. The company completed its Drive25 program and expects to realize over $40 million of structural cost removals in 2026. Updated 2026 guidance calls for $1.65–$1.70 billion in revenue, $355–$365 million in Adjusted EBITDA, $110–$120 million in capital expenditures, and $135–$145 million in Adjusted free cash flow, reflecting Middle East conflict impacts and the Enhanced Drilling acquisition.
Expro (NYSE: XPRO) has closed its previously announced acquisition of Enhanced Well Technologies Group AS (Enhanced Drilling) for approximately 2 billion NOK in cash (about $215 million), plus customary closing and working capital adjustments, according to Expro.
Expro stated that the deal makes it a leading provider of next-generation drilling technologies, including managed pressure drilling (MPD), controlled mud level (CML) drilling and riserless mud recovery. Enhanced Drilling currently operates mainly offshore Norway and in the Gulf of America, and Expro sees expansion opportunities in Brazil, other South American regions, West Africa and Australia by globalizing these technologies.
In connection with the closing on July 23, 2026, Expro’s Compensation Committee granted inducement equity awards under NYSE Listing Rule 303A.08 to 23 non-executive employees who joined from Enhanced Drilling, representing an aggregate of 200,715 time-based restricted stock units that vest on July 23, 2029.
Expro (NYSE: XPRO) will release its second quarter 2026 results before the market opens on July 28, 2026, followed by a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Presentation materials and the earnings release will be available in the investor relations section of Expro’s website.
Investors can join via pre-registered dial-in, standard phone lines using access code 46235, or a live webcast. An audio replay will be accessible online and by phone from July 28, 2026, 1:00 p.m. CT until August 11, 2026, 10:59 p.m. CT.
Expro (NYSE:XPRO) is seeking shareholder approval to redomicile from the Netherlands to the Cayman Islands via Items 1–3 at its annual meeting.
According to Expro, the move is expected to generate over $600,000 in annual recurring cost savings, exceeding $1 million including avoided EU sustainability-reporting costs, with one-time costs recovered within one to three years.
Ending Dutch tax residency would remove the 15% withholding tax on dividends and certain share repurchases, potentially increasing flexibility to return capital. Expro also cites potential U.S. index eligibility, faster and cheaper share issuances for M&A, and confirms no dilution, unchanged governance, and continued NYSE listing as XPRO.
Expro (NYSE:XPRO) signed a new multi-million-dollar contract extension of up to five years with a global operator in the Gulf of America.
The deal reinforces a subsea partnership spanning more than 20 years and includes deployment of Expro’s Solus™ Shear and Seal Valve and subsea landing string services from its North and Latin America region.
Expro (NYSE: XPRO) agreed to acquire Enhanced Drilling for ~2.0 billion NOK (≈$215M) plus adjustments; deal expected to close in Q3 2026. Enhanced Drilling adds managed pressure drilling, ~ $275M backlog and projected 2026 Adjusted EBITDA >$50M (margin >30%).
Q1 2026: revenue $368M, net loss $1M, Adjusted EBITDA $63M (17.1%), operating cash flow $25M, adjusted free cash flow $3M, share repurchases ~$20M, liquidity $517M. Full-year 2026 guidance: revenue $1.60–1.65B; Adjusted EBITDA $355–375M.
Expro Group Holdings N.V. (NYSE: XPRO) will release first quarter 2026 results before market open on May 5, 2026 and host a conference call at 9:00 a.m. CT (10:00 a.m. ET) the same day.
Pre-registration is available for dial-in access; a live webcast, slides, and an audio replay (available ~3 hours after the call) will be posted in the investor section of the company's website and replayed through May 19, 2026.
Expro (NYSE:XPRO) announced that its Board unanimously approved a plan to redomicile the company from the Netherlands to the Cayman Islands, subject to shareholder approval expected at the 2026 annual meeting in June 2026.
The redomicile will occur via two mergers and will exchange each existing share for one Expro Cayman ordinary share, with continuous NYSE trading under XPRO before and after the effective date. The company cited simplified structure, governance flexibility and strategic growth benefits. A Form S-4 registration statement and preliminary proxy/prospectus were filed with the SEC on April 1, 2026.
Expro (NYSE:XPRO) will provide well testing services for the first Schleidberg well on Vulcan Energy’s Lionheart Project in Germany.
The scope includes the GeoFlow™ Surface Well Testing package to characterize reservoir and fluid properties, supporting geothermal energy and lithium extraction in Europe’s largest geothermal and lithium cluster.
Expro Group Holdings (NYSE: XPRO) reported Q4 2025 revenue of $382.1M, net income of $6M (2% margin) and Adjusted EBITDA of $88M (23.1%).
For full-year 2025 Expro recorded revenue of $1,607.1M, net income of $52M, Adjusted EBITDA of $353M (22.0%) and adjusted free cash flow of $126.9M. Order backlog was $2.5B at year-end. 2026 guidance: revenue $1.60B–$1.65B, Adjusted EBITDA $355M–$375M, adjusted free cash flow $125M–$145M. The company expects to return at least 33% of free cash flow to shareholders in 2026.