PUMP has announced its first two electric fleet orders and will deploy the fifth Tier IV Dynamic Gas Blending fleet...
Read moreThe frac spread count remained steady this week as there was a shift in activity across the different regions. We...
Read moreOur regression estimate suggests NEX's revenues will go moderately higher in NTM 2023 and NTM 2024. EBITDA can remain steady...
Read moreExpect a delivery delay of NEX's electric frac fleets and decommission of ~150,000 horsepower. Natural gas price's continued weakness means...
Read moreOur regression estimates suggest a revenue growth acceleration over the next two years. The EBITDA growth rate, however, can decelerate...
Read moreIn the US, PDS's management expects to keep the US rig count nearly unchanged in Q1. It expects to reprice...
Read moreOur regression model suggests that the revenue will increase by ~20% in each of the next two years. EBITDA can...
Read morePatterson-UTI Energy plans to convert legacy pressure pumps to Tier 4 dual fuel to reduce costs and emission. It will...
Read moreThe recent OPEC report is calling for an increase in crude demand throughout 2023 based on China’s reopening. We believe...
Read moreOur regression model continues to suggest that NBR's revenue will increase sharply in NTM 2023 but may decelerate later. Similarly,...
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