Q4 revenues to decline significantly. Activity can recover marginally in 2025. Revenue increased; EBITDA margin contracted, cash flows turned negative...
Read moreExpect revenue and profitability to decline in Q4. A moderate activity recovery expected in 2025. Cash flows turned negative in...
Read moreAs we move into 2025, the U.S. shale oil landscape is experiencing winds of change given the ever-fickle global economic...
Read morePlans to add two more frac spreads in the short term and deploy more electric assets in the future. Recorded...
Read moreThe latest U.S. economic indicators reflect a mixed landscape. Durable goods orders slipped by 0.8% in September, marking a second...
Read morePlans to temporarily reduce its deployed frac spreads. Frac pricing can decline due to soft year-end frac activity. LPI commenced...
Read moreThe U.S. shale industry continues to evolve in a landscape defined by fluctuating oil prices, investor expectations, and shifting political...
Read moreA cautious approach for FY2025 as the energy price reflects uncertainty and operators exercise capex restraint. A 1.1x book-to-bill ratio...
Read moreBook-to-bill ratio decreased in Q3 from Q2. FTI is optimistic about the subsea market outlook. Cash flows strengthened in 9M...
Read moreRevenues and net incnome decreased in Q3 versus Q2. Pressure pumping business suffered severely. Its tier 4 dual fuel assets...
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