ProPetro’s Perspective in Q4: KEY Takeaways
In Q4, PUMP's frac utilization fell noticeably due to deferred customer activity. It will continue to increase its e-frac deployment...
In Q4, PUMP's frac utilization fell noticeably due to deferred customer activity. It will continue to increase its e-frac deployment...
PTEN expects to average 120 active rigs in Q1 2024 compared to 118 active rigs in Q4 2023. Most of...
PUMP's fracturing utilization declined in Q4 2023. Its revenues and EBITDA also shrank in Q4. However, it deployed the secong...
NOV is constructive in its global outlook due to increased activity in global offshore and international markets. In Q4, it...
In 2024 it can replace a Tier 2 diesel pump with a new Tier 4 DGB pressure pump. With strong...
PTEN expects ~80% of its active fleets to be powered by natural gas by mid-2024. It plans to convert ~...
Diamond-Endeavour combined will become the third-largest oil and gas producer in the Permian Basin. Significant synergies are expected from the...
LBRT aims to aims to build all its natural gas-powered frac spreads. It believes in a "durable multiyear cycle". Higher...
Over the last 20 years, the U.S. shale revolution has created over 20 times as much new energy. Natural gas...
BKR expects drilling and completion spend to decelerate, particularly in North America. Higher turbomachinery equipment demand and increased Gas Tech...
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