Expro Group Holdings Nv Stock Price, News & Analysis

Expro (NYSE:XPRO) won Best Health, Safety or Environmental Contribution – Upstream at the 2025 Gulf Energy Awards in Houston for its VIGILANCE™ Intelligent Safety and Surveillance Solution. The system provides unified, real-time tracking of equipment and personnel with 10-centimeter accuracy to improve rig-floor safety in high-risk "red zone" areas.

Expro was nominated in eight categories across upstream, midstream and production technologies from over 500 entries, highlighting innovations such as Velonix™, Blackhawk Gen III, CENTRI-FI™, and QPulse™. The company reported approximately 8,500 employees and operations in more than 50 countries.

Expro Group Holdings (NYSE: XPRO) has scheduled its third quarter 2025 earnings conference call for October 23, 2025, at 10:00 a.m. Central Time. The company will release its financial results for the quarter ended September 30, 2025, before market opens on the same day.

The earnings release and presentation slides will be available on Expro's investor relations website. Participants can pre-register for the call or join using provided dial-in numbers. A webcast replay will be accessible for two weeks until November 6, 2025.

Expro (NYSE: XPRO) has successfully completed the first full deployment of its innovative Remote Clamp Installation System (RCIS) in the North Sea. The RCIS, developed by Expro's Frank's Tubular Running Services, automates the installation of control line clamps during well completion operations, reducing installation time by 50% per clamp.

The technology, partially sponsored by BP, was first tested in Q4 2024 and subsequently deployed by another operator in Q2 2025. The second deployment achieved a 25% increase in running efficiency, successfully operating at up to 15 joints per hour with zero non-productive time. The system enhances offshore safety by minimizing manual intervention and personnel exposure on the rig floor while optimizing production through real-time monitoring of downhole tools.

Expro (NYSE: XPRO) has achieved a significant milestone by setting a world record for deploying the heaviest casing string in offshore operations. The record-breaking deployment, conducted aboard the Transocean Deepwater Titan, reached a maximum hook load of 2.849 million pounds.

The achievement was made possible using Expro's advanced Blackhawk® Gen III Wireless Top Drive Cement Head with SKYHOOK® technology, the industry's only three million pound combined rated cementing system. The system maintained full performance at 15,000 psi pressure capacity without derating, demonstrating exceptional capabilities in extreme offshore environments.

This technological advancement enhances rig safety by eliminating the need for personnel above the rig floor while improving operational efficiency in deepwater well construction.

Expro (NYSE: XPRO) has achieved a significant milestone by completing the world's first fully remote five-plug cementing operation in Saudi Arabia. The operation utilized Expro's Generation-X™ Remote Plug Launcher (RPL) and SkyHook™ cement-line make-up device, enabling a complex multi-stage cement job with zero red-zone entry.

The breakthrough operation was performed on a 9-5/8" casing run in a high-pressure gas well, representing the longest of its kind in the field. The technology demonstrated enhanced safety, operational control, and efficiency, with customers achieving cement displacement rates of up to 13 bpm through the top drive. This success builds upon Expro's initial cementing operation in Saudi Arabia in January, showcasing the company's rapid expansion in the Middle East market.

Expro Group Holdings (NYSE: XPRO) announced its participation in the upcoming Barclays CEO Energy-Power Conference. CEO Michael Jardon will join a panel discussion with industry peers on September 3, 2025 at 1:50 p.m. ET. Investors can access the presentation through the Barclays conference platform or the investor relations section of Expro's website at www.expro.com.

Expro Group Holdings (NYSE: XPRO) reported strong Q2 2025 financial results, exceeding guidance with revenue of $423 million and Adjusted EBITDA of $94 million. The company achieved a net income of $18 million with a 4% margin and generated $36 million in adjusted free cash flow.

Key highlights include a record-high Adjusted EBITDA margin of 22%, strong order backlog of $2.3 billion, and new order awards of $595 million. The company reaffirmed its full-year 2025 guidance with expected revenue of $1.7 billion and Adjusted EBITDA of at least $350 million.

Expro remains committed to returning approximately one-third (~$40 million) of adjusted free cash flow to shareholders annually and continued its share repurchase program, buying back 637,000 shares at an average $7.87 per share during Q2.

Expro (NYSE:XPRO) has launched its most advanced BRUTE® High-Pressure, High Tensile Packer System for deepwater wells. The new technology, designed for extreme conditions, enables operators to set higher in the wellbore, reducing operational risk and rig time.

The company successfully deployed two variants: the 12,850 psid-rated 12.25" BRUTE® Armor Packer System in April 2025 and a new 20"/22" Packer System in June 2025. The latter features twice the element expansion capability of traditional mechanical packers. Both systems were successfully tested in the Gulf of America for super-major energy companies, establishing Expro as the only provider capable of supporting 20k deepwater projects at this level.

Expro (NYSE:XPRO) has secured a significant three-year contract with Woodside Energy for Mexico's first ultra-deepwater development, the Trion project. The contract involves providing tubular running services (TRS) and cementing services for the deepwater oil and gas development located in the Perdido Fold Belt, approximately 180 km off Mexico's coastline.

The project, a joint venture between Woodside Energy and PEMEX, will operate in water depths of around 2,500 meters, with first oil production targeted for 2028. Expro will establish a new hub in Tampico, supporting local employment and economic growth. The company will deploy its advanced well construction technologies, including TRS casing, completion and drilling support, casing accessories, cement heads, and the Skyhook® system.