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.
News for Expro Group Holdings N.V. (NYSE: XPRO) centers on its role as an energy services company working across the well life cycle, with a focus on well construction, well flow management, subsea well access, and well intervention and integrity solutions. Company announcements highlight operational milestones, technology launches, regional contract awards, and quarterly financial results.
Readers following XPRO news can see updates on specialized technologies such as the BRUTE® Armor Packer for deepwater wells, the Blackhawk® Gen III Wireless Top Drive Cement Head with SKYHOOK® technology, and the Generation-X™ Remote Plug Launcher combined with SkyHook™ for remote, multi-plug cementing operations. Expro also reports on developments like the Remote Clamp Installation System for smart well completions, the ELITE Composition™ fluids analysis service at the rig site, the VIGILANCE™ safety and surveillance solution, and Velonix™ for pipeline pig control.
Company news often covers international activity across its North and Latin America, Europe and Sub-Saharan Africa, Middle East and North Africa, and Asia-Pacific segments. Examples include offshore projects in the Gulf of America, cementing operations in Saudi Arabia, work in the North Sea, and contracts in regions such as Angola, Brazil, Alaska, and Indonesia. Earnings releases and conference call notices provide insight into Expro’s financial performance, capital allocation, and commentary on offshore and international markets.
Investors, analysts, and industry participants can use this news feed to monitor Expro’s technology milestones, contract wins, safety recognitions, and quarterly updates, helping them understand how the company applies its well life cycle capabilities in key oil and gas basins worldwide.
Expro Group Holdings N.V. (NYSE: XPRO) will hold a conference call on March 3, 2022, to discuss fourth-quarter and full-year results for the period ending December 31, 2021. The call starts at 10:00 a.m. CT (11:00 a.m. ET), with a press release issued post-market on March 2. Participants can pre-register for a dial-in number or join via live webcast on Expro's website. An audio replay will be available for 12 months after the call. Expro offers a broad range of energy services globally, employing over 7,200 people.
Expro (NYSE: XPRO), a leader in energy services, has won four major subsea well access contracts in South East Asia and Australia, valued at over $50 million. The contracts include projects in Australia for abandonment of 18 subsea wells and a new integrated program for subsea development, as well as two substantial contracts in Malaysia. Expro's strong operational performance and extensive experience contributed to securing these projects, reaffirming its leading position in the growing subsea market.
Expro (NYSE: XPRO) has launched Galea™, the world's first fully autonomous well intervention system aimed at maximizing production while reducing costs, health, safety, and environmental (HSE) risks. Galea™ can operate in various modes, replacing traditional methods for slickline operations. Its remote monitoring capabilities minimize personnel requirements and environmental impact. By eliminating the need for frequent equipment transport, Galea™ enhances safety and compliance with environmental regulations. This innovation is part of Expro's commitment to delivering cutting-edge energy solutions.
Expro Group Holdings N.V. (NYSE: XPRO) has announced that CEO Michael Jardon will present at the Bank of America Securities 2021 Global Energy Conference on November 18 at 1:00 p.m. ET. A live webcast will be available on Expro's investor website, with a replay accessible for 90 days post-presentation. Expro provides energy services throughout the well life cycle, with over 6,600 employees operating in approximately 60 countries.
For more information, visit expro.com.
Expro Group Holdings N.V. (NYSE: XPRO) reported third quarter results for the three and nine months ending September 30, 2021, following its merger with Frank’s International. Pro forma combined revenue reached $312.5 million, up 10% sequentially, bolstered by market growth. Frank’s revenue rose 7% to $114.9 million, but net loss increased to $15.1 million. Legacy Expro's revenue was $197.5 million, a 12% increase, yet net loss grew to $11.9 million. Fourth quarter guidance projects flat to mid-single digit revenue growth with an Adjusted EBITDA Margin of 15-17%.
Expro Group Holdings N.V. (NYSE: XPRO) will host a conference call on November 8, 2021, to discuss its third-quarter results for the period ending September 30, 2021. The results will include financial figures from Expro and its recently merged entity, Frank's International N.V. The call will start at 10:00 a.m. CT and a press release detailing the financial outcomes is expected before the market opens on that date. Participants can join via audio or webcast, with a replay available for 12 months post-call.
Expro (NYSE: XPRO) successfully deployed its OctopodaTM annulus intervention system in Colombia, achieving a world record depth of 300 meters to restore well production. The operation, completed at around 25% less cost than traditional methods, eliminated casing collapse risks and reduced carbon emissions. This marks Expro's entry into the Latin American market with a unique technology that maximizes operational uptime while minimizing environmental impact. The Octopoda system allows for direct intervention of live annulus, enhancing the longevity of aging wells.
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Expro Group Holdings N.V. (NYSE: XPRO) has announced the grant of restricted stock unit awards totaling 645,139 shares to six employees following its merger with Frank's International. These inducement awards, compliant with NYSE Listing Rule 303A.08, include both time-based and performance-based RSUs that vest over a three-year period based on performance metrics. Key executives received substantial awards, including CEO Michael Jardon, who received 282,655 shares in total. This grant reflects the company's commitment to align employee performance with stockholder interests.