Key Takeaways SLB outperformed the oil-energy sector and peers over the past six months. SLB trades above its 50-day SMA and has a VGM Score of B, showing value and positive earnings surprises. Strong global exposure, new energy ventures and data center growth support SLB despite oil price risksShares of SLB (SLB) have fallen 6.5% in the past six months, outperforming the oil-energy sector’s decline of 8.2%. The company also outperformed its peers, Core Laboratories (CLB) and Oceaneering International, In ...

Core Points - Bri-Chem Corp. has rescheduled its annual general meeting to September 16, 2025, to allow for additional resolutions and provide shareholders with adequate information regarding alternative director nominees [1][2] - The company has adopted an Advance Notice By-Law to guide the nomination of directors, which establishes deadlines for shareholders to submit nominations and outlines the required information [3][6] Company Actions - The postponement of the meeting aims to include a resolution for the ratification of the Advance Notice By-Law and to inform shareholders about a proxy contest involving alternative nominees proposed by the Hugghins Group [2][5] - The Advance Notice By-Law requires shareholders to provide timely notice for director nominations, with specific deadlines based on the type of meeting [6][7] Company Overview - Bri-Chem is a leading North American oilfield chemical distribution and blending company, known for its strategic acquisitions and organic growth [8]

Core Insights - Chevron Corporation's subsidiary, Chevron U.S.A. Inc., has partnered with Halliburton Company to introduce an innovative hydraulic fracturing method that enhances efficiency and asset performance in shale production [1][3][20] Group 1: Technological Advancements - The collaboration has led to the development of an intelligent fracturing process that automates completion operations, replacing manual intervention with machine-driven decision-making [2][10] - Halliburton's ZEUS IQ platform is central to this system, utilizing advanced technologies like the OCTIV auto frac system and Sensori monitoring to create a dynamic closed-loop system [4][9] - The system adapts to geological changes in real time, ensuring optimal energy delivery and reducing waste during hydraulic fracturing operations [5][14] Group 2: Operational Efficiency - The automated system significantly reduces execution variability, leading to more consistent results across different stages and wells compared to traditional methods [11][12] - Chevron's proprietary algorithms leverage historical and real-time data to make immediate adjustments to fracturing strategies, enhancing overall asset performance [6][13] - The closed-loop system minimizes excess pumping and fluid consumption, contributing to a lower carbon footprint and more environmentally responsible operations [15][16] Group 3: Strategic Collaboration - The partnership between Chevron and Halliburton exemplifies the integration of digital infrastructure with field operations, enabling rapid deployment and testing of innovations [8][10] - This collaboration is positioned to serve as a model for future global oilfield operations, potentially transforming how wells are completed and optimized [17][18] Group 4: Future Implications - The intelligent system's scalable architecture and machine learning capabilities suggest a promising future for widespread adoption across North America and beyond [18][20] - As the industry faces more complex reservoirs and environmental challenges, such innovations will be crucial for enhancing energy recovery while maintaining operational control [20]

Group 1 - Baker Hughes Company (BKR) has entered into a multi-year framework agreement with Equinor ASA (EQNR) to provide plug and abandonment (P&A) services at the Oseberg East field, with the planning phase already initiated and well abandonment activities expected to commence in 2026 [1][2][9] - The Mature Assets Solutions team at Baker Hughes will manage the planning and execution of the P&A campaign, utilizing advanced technologies and innovative solutions to enhance efficiency and speed in the abandonment process [3][4] - A P&A Center of Excellence will be established in Bergen and Stavanger to centralize operations and ensure the implementation of reliable and cost-effective well abandonment solutions [5][9] Group 2 - Baker Hughes has a strong track record in managing mature oil and gas assets, which positions the company well to execute integrated P&A programs effectively [3] - The company’s well abandonment portfolio includes cutting-edge technologies such as PRIME Powered Mechanical Applications and diagnostic tools like Casing Integrity & Cement Mapping (CICM) [4] - Both Baker Hughes and Equinor currently hold a Zacks Rank 3 (Hold), indicating a neutral outlook in the market [6]

Rayonier Advanced Materials (RYAM) FY Conference June 11, 2025 11:30 AM ET Speaker0 We're gonna go through these these slides fairly quick, make sure we leave plenty of time for q and a at the end because I know there's probably a lot of questions of the market and then ProPetro in general. So our our current thesis of ProPetro is We have strong free cash flow. Currently, going forward, we've invested over a billion dollars since '22 to refresh our current assets. We purchased some new technology, and we di ...

Financial Performance & Growth - Forum Energy Technologies (FET) reported Q1 2025 revenue of $193 million[7] - The company's revenue has grown from $541 million in 2021 to $816 million in 2024[7] - Adjusted EBITDA increased from $20 million in 2021 to $100 million in 2024[7] - EBITDA margin has improved from 4% in 2021 to 12% in 2024[7] - The company anticipates 2025 EBITDA to be in the range of $85 million to $105 million and free cash flow between $40 million and $60 million[39] Strategy & Market Position - FET's geographical revenue split is 51% US and 49% international (TTM ended March 31, 2025)[7] - The company has a $75 million share repurchase program and repurchased $2 million of shares in Q1 2025[10, 42] - The company focuses on niche markets with competitive advantages and high barriers to entry[20, 22] - FET aims to allocate 50% of free cash flow to net debt reduction[41] Debt Reduction - The company has substantially deleveraged since 2019, with net debt decreasing from $344 million to $146 million as of March 31, 2025[44] - Net leverage ratio has decreased from 473x in December 31, 2019 to 156x in March 31, 2025[44]

Key Takeaways Petrobras launches geophysical and geotechnical tenders off the Rio coast for wind energy assessment. Surveys will provide data critical for turbine foundations and subsurface wind site analysis. Nearby Port of Acu offers logistical advantages, boosting feasibility of PBR's wind pilot project.Petróleo Brasileiro S.A. - Petrobras (PBR) has launched two key tenders for geophysical and geotechnical surveys off the coast of Rio de Janeiro, signaling its push into offshore wind development.Taking ...

Shares of Baker Hughes (NASDAQ: BKR ) have been a solid performer over the past year, adding 18%, thanks to its leading position in LNG equipment and services. However, shares have not been immune from fears over an oil sector retrenchment, and BKR hasOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, ju ...

Company Overview - Drilling Tools International Corp. (DTI) is a global oilfield services company specializing in the design, engineering, manufacturing, and rental of tools for onshore and offshore horizontal and directional drilling operations [1][4] - The company has a history dating back to 1984 and operates 15 service and support centers in North America, along with 11 international centers across the EMEA and APAC regions [4] Conference Participation - DTI will participate in the Sidoti & Company June 2025 Small-Cap Virtual Conference on June 11-12, 2025 [1] - The company will webcast its investor presentation on June 12th at 12:15 PM EDT, with free registration available [2] - Management will also conduct virtual one-on-one meetings with investors during the conference [2] Investor Relations - A copy of the investor presentation will be available on the Investor Relations section of DTI's website [3] - A replay of the webcast will be archived on the company's Events and Presentations page following the event [3]

Core Insights - Cactus Inc. has entered into an agreement to acquire 65% of Baker Hughes' Surface Pressure Control Business for approximately $344.5 million, establishing a joint venture where Cactus will assume operational control [1][8] Overview of the Baker Hughes SPC Business - The Baker Hughes Surface Pressure Control Business specializes in designing, manufacturing, and servicing surface pressure control solutions, primarily wellheads and production tree systems, with a strong international market presence [2] - Post-transaction, Baker Hughes will retain a 35% stake in the joint venture [2] Geographic Diversification and Revenue Stability - The acquisition allows Cactus to maintain its capital-light manufacturing model while benefiting from geographic diversification, as 85% of SPC's revenues are generated from the Middle East [3][5] - The limited dependence on the U.S. market for external sales enhances revenue resilience against domestic market fluctuations [3] Long-Term Growth Potential - The deal is expected to significantly enhance Cactus' financial metrics, including earnings and cash flow growth, with SPC having a backlog exceeding $600 million in product and aftermarket service orders as of year-end 2024 [4][8] - Cactus aims to maintain a conservative balance sheet while leveraging the acquisition for revenue and cash flow generation [4] Strategic Market Positioning - The geographic footprint of Baker Hughes' SPC Business complements Cactus' existing operations and provides access to new markets unaffected by tariffs, supporting growth and revenue stability across various market cycles [5]