Associated tags: Expro, Oil, Gas, Energy, NYSE, Other Energy, Alternative Energy, Security (finance), Form, Well, 8-K
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Airline Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three months ended March 31, 2024.
Key Points:
- Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”) today reported financial and operational results for the three months ended March 31, 2024.
- Adjusted EBITDA margin for the first quarter of 2024 and the fourth quarter of 2023 was 18% and 21%, respectively.
- Unless otherwise noted, the following discussion compares the quarterly results for the first quarter of 2024 to the results for the fourth quarter of 2023.
- The Company will host a conference call to discuss first quarter 2024 results on Thursday, April 25, 2024, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on April 25, 2024 to discuss results for the quarter ended March 31, 2024.
Key Points:
- Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on April 25, 2024 to discuss results for the quarter ended March 31, 2024.
- The conference call is scheduled to begin at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).
- We encourage those who plan to dial-in to the conference to pre-register: Pre-Registration Link .
- Participants may also join the conference call by dialing:
To listen via live webcast, please visit the investor section of www.expro.com .
Energy,
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Renewable energy Key Points:
- View the full release here: https://www.businesswire.com/news/home/20240408728712/en/
Headshot of Mike Jardon, Chief Executive Officer of Expro.
- Mike Jardon, Chief Executive Officer of Expro, said: “In an ever-evolving energy landscape, Expro remains steadfast in our commitment to driving positive change.
- Advancing the Expro Portfolio with Sustainable Energy Solutions: Expro took large strides forward in its work within the areas of Geothermal and CCUS, adapting the company’s solutions across three emerging markets.
- For more information, please visit: www.expro.com and connect with Expro on X (formerly Twitter) @ExproGroup and LinkedIn @Expro.
Retrieved on:
Wednesday, February 21, 2024
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NLA Net cash provided by operating activities for the fourth quarter of 2023 was $33 million compared to net cash provided by operating activities of $59 million for the third quarter of 2023.
Key Points:
- Net cash provided by operating activities for the fourth quarter of 2023 was $33 million compared to net cash provided by operating activities of $59 million for the third quarter of 2023.
- Adjusted cash flow from operations1 for the fourth quarter of 2023 was $43 million compared to $64 million for the third quarter of 2023.
- Unless otherwise noted, the following discussion compares the quarterly results for the fourth quarter of 2023 to the results for the third quarter of 2023.
- Depreciation and amortization expense was $63 million for the fourth quarter of 2023 compared to $37 million for the third quarter of 2023.
Retrieved on:
Tuesday, February 13, 2024
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Fine chemical Expro is targeting up to $10 million of annual run-rate cost synergies to be achieved in the first 18 months.
Key Points:
- Expro is targeting up to $10 million of annual run-rate cost synergies to be achieved in the first 18 months.
- Michael Jardon, Expro Chief Executive Officer, said: “We are thrilled to announce our proposed acquisition of Coretrax, and look forward to welcoming John Fraser and his teammates to the Expro family.
- John Fraser, CEO at Coretrax said: “I’m excited about the opportunities the acquisition brings for Coretrax and our team.
- The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.
Retrieved on:
Wednesday, February 7, 2024
Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on February 21, 2024 to discuss results for the fourth quarter and full year ended December 31, 2023.
Key Points:
- Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on February 21, 2024 to discuss results for the fourth quarter and full year ended December 31, 2023.
- The conference call is scheduled to begin at 12:00 p.m. Central Time (1:00 p.m. Eastern Time).
- We encourage those who plan to dial-in to the conference to pre-register: Pre-Registration Link .
- Participants may also join the conference call by dialing:
To listen via live webcast, please visit the investor section of www.expro.com .
Retrieved on:
Tuesday, January 23, 2024
Alternative Energy,
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Other Energy,
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Well,
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CCUS,
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Running,
Security (finance) Energy services provider, Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”), has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project.
Key Points:
- Energy services provider, Expro Group Holdings N.V. (NYSE: XPRO) (the “Company” or “Expro”), has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project.
- “Carbon storage sites are a fundamental part of clean hydrogen projects and ensuring the long-term integrity of those wells is imperative.
- This will be the country's first project to build an integrated hydrogen and ammonia value chain from production to usage.
- For more information, please visit expro.com and connect with Expro on X (formerly Twitter) @ExproGroup and LinkedIn @Expro.
Retrieved on:
Wednesday, January 3, 2024
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Video game Leading energy services provider Expro (NYSE: XPRO) is celebrating 40 years of successfully leading the way in the subsea sector since the launch of its first subsea test tree system in the North Sea in 1983.
Key Points:
- Leading energy services provider Expro (NYSE: XPRO) is celebrating 40 years of successfully leading the way in the subsea sector since the launch of its first subsea test tree system in the North Sea in 1983.
- View the full release here: https://www.businesswire.com/news/home/20240103146644/en/
Expro Celebrates 40 Years of Subsea Success (Graphic: Business Wire)
From the creation of its first 10ksi subsea test tree assembly (SSTTA) for an exploration and appraisal well project for Hamilton Brothers in the North Sea in 1983, to the development of its industry-leading high debris 15K shear and seal ball valve technology in 2023, Expro has remained at the forefront of subsea landing string technology.
- Expro has undertaken more than 3,000 subsea deployments in exploration and appraisal, completion, and intervention applications, and remains a global leader in large-bore SSTTA solutions.
- Graham Cheyne, Expro’s Vice President of Subsea Well Access, said:
“At Expro, we’ve been first to the market with many of our subsea test tree assembly products and, as future technical challenges arise, we believe that with our customer-bespoke solution philosophy, we’ll continue to be at the top of the subsea test tree application.
Retrieved on:
Tuesday, December 12, 2023
Oil,
Gas,
Alternative Energy,
Manufacturing,
Energy,
Engineering,
Well,
Safety,
NYSE,
HPHT,
Security (finance),
Form,
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Multimedia,
Kinley,
Geothermal gradient,
Partnership,
Well intervention,
Growth,
Risk,
Integrity,
Temperature,
Renewable energy,
Sales,
Expro,
Gyro Expro (NYSE: XPRO), a leading energy services provider, has renewed and expanded a strategic partnership agreement with Di Drill Survey Services Inc., a leading provider of high-end HPHT logging, Gyro survey services, and magnetic ranging for complex abandonment services to the oil & gas and geothermal sectors, based in Bakersfield, California.
Key Points:
- Expro (NYSE: XPRO), a leading energy services provider, has renewed and expanded a strategic partnership agreement with Di Drill Survey Services Inc., a leading provider of high-end HPHT logging, Gyro survey services, and magnetic ranging for complex abandonment services to the oil & gas and geothermal sectors, based in Bakersfield, California.
- View the full release here: https://www.businesswire.com/news/home/20231212679436/en/
Expro and Di Drill Survey Services Expand Strategic Partnership (Photo: Business Wire)
The strategic partnership agreement formalizes and strengthens a growing relationship between two energy service companies committed to providing premium well integrity solutions to complex wellbore situations.
- A previous agreement enabled Expro to provide its high temperature Kinley Caliper and downhole camera product lines to Di Drill to service predominantly geothermal operators in the western US.
- This partnership was an easy decision.”
Daniel McCall, President of Di Drill Survey Services, said:
“We are honored to have the ability to continue and grow our relationship with such an esteemed service provider in the energy sector.
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Financial adviser Expro Group Holdings N.V. (NYSE: XPRO) today announced that Michael Jardon, Chief Executive Officer, will participate in a panel discussion at the Goldman Sachs Energy, CleanTech and Utilities Conference at 1:40 p.m.
Key Points:
- Expro Group Holdings N.V. (NYSE: XPRO) today announced that Michael Jardon, Chief Executive Officer, will participate in a panel discussion at the Goldman Sachs Energy, CleanTech and Utilities Conference at 1:40 p.m.
- Mr. Jardon and Quinn Fanning, Chief Financial Officer, will also host investor meetings on Thursday, January 4, 2024 and Friday, January 5, 2024.
- A live webcast of Expro’s panel discussion can be accessed via Goldman Sachs Energy, CleanTech and Utilities Conference or under the Investor section of www.expro.com .
- A replay will also be available under the Investor section of Expro’s website for 90 days following the event.
