ProPetro’s Perspective in Q3: KEY Takeaways
Plans to deploy a third FORCE fleet with ExxonMobil, with expectations of fielding to more by early 2025. Disciplined pricing...
Plans to deploy a third FORCE fleet with ExxonMobil, with expectations of fielding to more by early 2025. Disciplined pricing...
A deceleration in demand for offshore drilling equipment and aftermarket spares in offshore in early 2025. Higher demand for NOV’s...
Aims to achieve $30 billion in orders over the three-year period ending 2025. Robust project pipeline in 2025, 2026, and...
Frac pricing will remain disciplined in 2025. "white space" in the spot market kept pressure pumping businesses under pressure. Looking...
Tier 1 high-spec drilling rig count to remain steady in Q4 and 2025. Adjusted gross profit per operating day can...
Expects "robust" rig awards in 2025. Pricing in the international markets shows an upward trend. Expects to add another five...
Expects relatively soft oil fundamentals in 2025. Focuses on lowering emissions, energy efficiency and decarbonization technologies. Gas technology equipment and...
Financial results can deteriorate in Q4. Long-term outlook for oilfield services remains very constructive. Performance in Canada improved while the...
Q3 revenues decreased nearly across the board but Middle East/Asia bucked the trend Cash flows strengthened as HAL prioritizes cash...
Pricing and activity can deteriorate in Q4. Higher demand for electric and Tier 4 dual fuel and increased deployment can...
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