NOV’s Perspective in Q3: KEY Takeaways
NOV's Intervention & Stimulation Equipment business underperformed in Q3 due to lower fracking. However, offshore markets will more than offset...
NOV's Intervention & Stimulation Equipment business underperformed in Q3 due to lower fracking. However, offshore markets will more than offset...
RES does not plan to add pressure pumping capacity in the short term. Its management holds optimistic view of pricing...
In Q3, BKR received orders to provide liquefaction equipment, including electric liquefaction system. It has also received subsea tree awards....
HAL focuses on building fracturing equipment under long-term contracts., which resulted in significant improvement in hours pumped per crew. Its...
SLB to benefit from the renewed investment in the international offshore markets and investment in joint ventures. SLB to increasingly...
ACDC's revenue decreased in Q3 from Q2 as its average frac spread count was right-sized. However, the company expects performance...
PTEN's rig count weakened In Q3, but it can grow In 2024. PTEN closed its merger with NEX in September....
KLXE's revenues decreased by 5.7% , while its adjusted EBITDA margin remained resilient in Q3. Its cash flows also fel...
NINE's revenues and EBITDA margin shrank steeply in Q3. Its cash flows also turned negative in Q3. However, the company...
LBRT continues to withdraw underutilized frac spreads to maintain steady pricing. The company's digiPrime units commenced operations in late September....
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