Q1 2025 Performance - Innovex International's Q1 2025 revenue was $240 million, a 4% sequential decrease[17, 23] - The company's Adjusted EBITDA for Q1 2025 was $46 million, with an Adjusted EBITDA margin of 19%[17, 23] - Innovex International reported a Free Cash Flow of $24 million in Q1 2025[19, 23] Q2 2025 Guidance - Innovex International projects revenue between $225 million and $235 million for Q2 2025[23] - The company anticipates Adjusted EBITDA between $40 million and $45 million for Q2 2025[23] Strategic Initiatives - Innovex International has a definitive agreement to sell the Eldridge facility for $95 million, freeing up approximately 9% of the company's market capitalization[30, 32] - The company aims for an 85% footprint reduction at the Eldridge facility, decreasing from 113 acres to around 23 acres, expected to close in Q3 2025[29, 32] - Innovex International reduced SG&A as a percentage of revenue from 25% in Q3 2024 to 13% in Q1 2025 through annual cost synergies[29] Margin Enhancement - Innovex International is targeting a long-term Adjusted EBITDA margin of 25%[25] - The company improved on-time delivery to approximately 72% in Q1 2025, up from less than 50% in Q3 2024, with a goal to reach 95%[29]

Core Viewpoint - Flotek Industries (FTK) is strategically expanding its Data Analytics Services (DAS) segment through the acquisition of mobile gas monitoring and dual-fuel optimization units, aiming to build recurring, high-margin revenues from real-time gas analytics and remote power solutions [1][2]. Group 1: Acquisition Details - In April 2025, Flotek acquired 30 mobile gas monitoring and dual-fuel optimization units from ProFrac Holding Corp. for $105 million [1]. - The transaction is expected to generate $14 million in EBITDA in 2025 from 22 units already deployed under a six-year lease [2]. - Once all 30 units are operational, annual lease revenues could reach $27.4 million in 2026, nearly double the DAS segment's revenues in 2024 [2]. Group 2: Strategic Positioning - The acquisition strengthens Flotek's partnership with ProFrac and positions the company to capitalize on the growing off-grid energy market [3]. - This move enhances Flotek's competitiveness in gas analytics and on-site power management, which are critical as industries aim to reduce flaring and improve fuel efficiency [3]. Group 3: Competitive Landscape - Compared to larger rival ChampionX, which has not adopted a lease-based model for its analytics technology, Flotek's hybrid approach combines hardware with built-in analytics and long-term leases [4][5]. - ChampionX's digital revenues remain modest, and its reliance on short-cycle markets adds volatility, highlighting Flotek's differentiated strategy [4]. Group 4: Financial Performance and Estimates - Flotek's shares have increased approximately 54% year to date [8]. - The company trades at a forward price-to-earnings ratio of 24.98, significantly higher than the subindustry's 12.19 [9]. - The Zacks Consensus Estimate for Flotek's 2025 earnings indicates a 56% year-over-year improvement, with estimates of $0.53 for the current year and $0.67 for the next year [11][12].

Group 1 - Flotek Industries has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which significantly impacts stock prices [1][3] - The Zacks rating system focuses on changes in earnings estimates, which are tracked through a consensus measure from sell-side analysts [2][6] - The upgrade indicates a positive outlook on Flotek's earnings, suggesting potential favorable impacts on its stock price [3][10] Group 2 - There is a strong correlation between earnings estimate revisions and near-term stock movements, making it crucial for investment decisions [4][6] - Rising earnings estimates for Flotek imply an improvement in the company's underlying business, which should lead to higher stock prices [5][8] - For the fiscal year ending December 2025, Flotek is expected to earn $0.53 per share, reflecting a 55.9% increase from the previous year, with a 22.1% increase in the Zacks Consensus Estimate over the past three months [8] Group 3 - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7][9] - Only the top 5% of Zacks-covered stocks receive a 'Strong Buy' rating, indicating superior earnings estimate revisions and potential for market-beating returns [9][10]

A few months ago, I sold SLB ( SLB ) (formerly known as Schlumberger) stock after the oil price decline, subsequent notices of drilling cutbacks, tariff effect uncertainty, and when a fellow Seeking Alpha member mentioned, in response to myLaura Starks is the founder and CEO of Starks Energy Economics, LLC (since 2007). She has a degree in chemical engineering and an MBA with a concentration in finance which she has used for many years to invest personally and to share her ideas about energy companies. Her ...

Group 1 - The articles express personal opinions and do not constitute investment recommendations [2][3] - The authors have disclosed beneficial long positions in specific stocks, indicating potential bias [1] - There is an emphasis on the importance of performing due diligence before making investment decisions [2][3] Group 2 - Past performance is highlighted as not being a guarantee of future results, which is a common disclaimer in investment analysis [3] - The platform does not act as a licensed securities dealer or investment adviser, indicating that the information provided is for informational purposes only [3]

Group 1: Core Developments - ProPetro Holding Corp's power solutions division, PROPWR, has signed its first contract to deliver 80 megawatts (MW) of power capacity over a 10-year period, marking a significant milestone in distributed power for the oilfield services sector [1] - The project will utilize in-field gas to provide turnkey power to a distributed microgrid, employing natural gas reciprocating engines and gas turbines for reliable, low-emission power [1][2] Group 2: Strategic Implications - The agreement ensures stable, long-term earnings for PROPWR and highlights the increasing demand for flexible energy infrastructure in remote oilfield locations [2] - PROPWR will manage all on-site operations, maintenance, and monitoring, backed by take-or-pay obligations from the customer, enhancing its service reliability [2] Group 3: Market Position and Growth - ProPetro is positioning itself to deliver innovative solutions in a volatile oil and gas environment, aiming for lower-cost and lower-emission power [3] - The demand for PROPWR's services is surpassing expectations, with a letter of intent signed with a second customer and ongoing negotiations for more long-term agreements [4] Group 4: Financial Commitment - ProPetro plans to allocate $170 million in 2025 and $60 million in 2026 for capital spending in its PROPWR division to support current equipment orders [5]

Core Viewpoint - Liberty Oilfield Services has seen a slight increase in share price by approximately 1.1% since the last earnings report, which is underperforming compared to the S&P 500 [1] Group 1: Earnings and Estimates - Estimates for Liberty Oilfield Services have trended upward over the past month, with a significant shift of 48.95% in the consensus estimate [2] - The most recent earnings report is crucial for understanding the key drivers affecting the company's performance [1] Group 2: VGM Scores - The company currently holds an average Growth Score of C and a Momentum Score of D, while achieving an A grade in the value category, placing it in the top quintile for this investment strategy [3] - The aggregate VGM Score for Liberty Oilfield Services is B, which is relevant for investors not focused on a single strategy [3] Group 3: Outlook - The upward trend in estimates suggests a promising outlook for Liberty Oilfield Services, with a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4]

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. (“Calfrac”) (TSX–CFW) is pleased to announce the voting results of the election of directors at its annual meeting of shareholders held today. Each of the nominees proposed as a director were elected as directors to hold office until the next annual meeting of shareholders, or until their successors are elected or appointed. Detailed results of the voting for each nominee are set out below, and the full results on all matters vote ...

Core Insights - SLB has launched Electris, a new portfolio of digitally enabled electric well completion technologies aimed at enhancing hydrocarbon recovery and reducing operational costs [1] - The Electris suite provides real-time production intelligence, allowing operators to maximize output and minimize costly well interventions [1][2] Technology and Innovation - Electris completions digitalize control across the entire productive area of the wellbore, enabling continuous monitoring and adaptive responses to production conditions [2] - This technology empowers operators to make faster, data-driven decisions, leading to improved reservoir management and recovery of reserves typically unreachable with conventional systems [2][3] Market Focus - SLB is targeting complex reservoirs as much of the easily extractable oil has already been tapped, with Electris expected to improve recovery factors and deliver stronger returns on investment in these challenging environments [4] - The company has completed over 100 Electris installations across five countries, including offshore extended-reach wells in Norway, optimizing oil output while minimizing produced water [5] Operational Efficiency - Controlling water production with Electris reduces the energy needed for handling and reinjecting treated water, enhancing operational efficiency and sustainability [6] - This aligns with operators' goals to reduce emissions and minimize environmental impact [6] Industry Impact - The introduction of Electris could signify a major advancement in how producers approach well completions, particularly in the pursuit of more intelligent, cost-effective, and high-yielding extraction methods [7]

CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) -- Calfrac Well Services Ltd. ("Calfrac" or "the Company") (TSX: CFW) announces its financial and operating results for the three months ended March 31, 2025. The following press release should be read in conjunction with the management's discussion and analysis and interim consolidated financial statements and notes thereto as at March 31, 2025. Readers should also refer to the "Forward-looking statements" legal advisory and the section regarding "Non-GAAP Me ...