RPC’s Perspective in Q2: KEY Takeaways
RES may take delivery of a new pressure pumping fleet in 2024. Its asset utilization can fall in Q3. Cash...
RES may take delivery of a new pressure pumping fleet in 2024. Its asset utilization can fall in Q3. Cash...
During Q2, NEX idled two frac fleets and redistributed horsepower to the remaining fleets. NEX is set to merge with...
long-cycle energy developments in international and offshore markets benefit SLB because of its diversity. Its topline in North America may...
BKR will look to bank on a "constructive" operators' capex outlook. It achieved order growth in Q2. Long term, it...
LBRT's frac spread count can lower in the near term. However, its outlook for the energy sectors in constructive in...
Lower frac spreads bring lower revenue. Lower capex for 2H 2023. Cash flow rises, and debt falls.
KLXE looks to a year-end recovery. Revenue fell but margin strengthened in Q2. Cash flows improced in Q2.
HAL initiated various measures, including cost cutting and technology enablement, to expand margin. It signed agreements to introduce electric frac...
NINE has a strenuous outlook for 2023. Its EBITDA margin contracted in Q2. NINE's cash flows and negative equity.
STEP is set to deploy a Tier 4 dual fuel fleet in Q3. Fundamental metrics weakened in Q2. STEP's cash...
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