Patterson UTI’s Perspective in Q1: KEY Takeaways
By the end of 2023, PTEN plans to convert the ninth spread, increasing the total frac spread count to 13....
Precision Drilling’s Perspective in Q1: KEY Takeaways
From Q1 2022 to Q1 2023, Precision added nine rigs in the US onshore. In Q2, PDS expects normalized margins...
ProPetro Holding: Q1 TAKE THREE
PUMP's effective frac spread utilization increased by one in Q1. Adjusted EBITDA margin expanded by 400 basis points. Free cash...
RPC’s Perspective in Q1: KEY Takeaways
In the near term, RES is not planning to add to its fracking capacity but improve the quality of its...
NBR’s Perspective in Q1: KEY Takeaways
Margin growth in NBR's US operations can stall in Q2. However, day rates and margins to expand in the Middle...
NexTier Oilfield’s Perspective in Q1: KEY Takeaways
After Q1, NEX lined up another eight natural gas-oriented frac spreads for retirement in response to the natural gas price...
Solaris Oilfield: Q1 TAKE THREE
SOI's stable top fill system despite challenges. Steady fundamentals metrics. Cash flows and shareholders' returns increase.
Halliburton’s Perspective in Q1: KEY Takeaways
HAL will likely move three frac spreads from gas to oil basins. In Q1, it deployed its e-frac fleets on...
Liberty Energy’s Perspective in Q1: KEY Takeaways
During Q1 2023, LBRT deployed its first electric pump. in February, it introduced the hybrid pump digiPrime with an all-natural...
Baker Hughes’s Perspective in Q1: KEY Takeaways
BKR's industry outlook explained. New order growth & digital initiatives. Necessary cost reductions. Baker Hughes’s 2023 outlook. Its cash flows...
Established in 2011, we are renowned for our expert frac data and analytics, providing a rich array of unique indicators and industry commentary.
