Oil and Gas - Field Services

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NCS Multistage (NCSM) Soars 10.3%: Is Further Upside Left in the Stock?
ZACKS· 2025-09-11 17:55
NCS Multistage (NCSM) shares rallied 10.3% in the last trading session to close at $51.4. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 42.4% gain over the past four weeks.NCS Multistage’s shares rallied on the last trading day. The bullishness could be attributed to the company’s acquisition of ResMetrics, a profitable tracer diagnostics firm with more than 30% EBITDA margins. The deal is expected to add $ ...
Is NCS Multistage (NCSM) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2025-08-25 14:41
Core Viewpoint - NCS Multistage (NCSM) is currently outperforming its peers in the Oils-Energy sector, with a year-to-date performance of approximately 42.5% compared to the sector average of 4% [4]. Company Performance - NCS Multistage is part of the Oils-Energy sector, which consists of 240 individual stocks and holds a Zacks Sector Rank of 13 [2]. - The Zacks Rank for NCS Multistage is 1 (Strong Buy), indicating a positive outlook based on earnings estimates and revisions [3]. - Over the past three months, the Zacks Consensus Estimate for NCSM's full-year earnings has increased by 62%, reflecting improved analyst sentiment [4]. Industry Comparison - NCS Multistage belongs to the Oil and Gas - Field Services industry, which includes 23 companies and currently ranks 211 in the Zacks Industry Rank. This industry has seen a decline of about 5.4% year-to-date, highlighting NCSM's superior performance [6]. - In contrast, another Oils-Energy stock, Sasol (SSL), has returned 37.9% year-to-date and belongs to the Oil and Gas - Integrated - International industry, which ranks 39 and has increased by 6.1% this year [5][6]. Future Outlook - Investors interested in Oils-Energy stocks should monitor NCS Multistage and Sasol, as both companies are expected to maintain their strong performance [7].
Drilling Tools International Corp. (DTI) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-08-13 22:31
Company Performance - Drilling Tools International Corp. (DTI) reported a quarterly loss of $0.02 per share, missing the Zacks Consensus Estimate of $0.04, and compared to earnings of $0.10 per share a year ago, representing an earnings surprise of -150.00% [1] - The company posted revenues of $39.42 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.04%, but showing an increase from year-ago revenues of $37.53 million [2] - Over the last four quarters, DTI has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - DTI shares have lost approximately 38.8% since the beginning of the year, contrasting with the S&P 500's gain of 9.6% [3] - The current consensus EPS estimate for the coming quarter is $0.02 on revenues of $37.33 million, and for the current fiscal year, it is $0.08 on revenues of $156.01 million [7] Industry Outlook - The Oil and Gas - Field Services industry, to which DTI belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact DTI's stock performance [5][6]
Is Brookfield Renewable (BEPC) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2025-08-12 14:40
Group 1 - Brookfield Renewable Corporation (BEPC) is a notable stock within the Oils-Energy sector, currently ranked 16 in the Zacks Sector Rank among 241 companies [2] - BEPC has a Zacks Rank of 2 (Buy), indicating a positive outlook with a 53.8% increase in the consensus estimate for its full-year earnings over the past quarter [3] - Year-to-date, BEPC has returned 20%, significantly outperforming the average gain of 0.9% for the Oils-Energy sector [4] Group 2 - BEPC is part of the Alternative Energy - Other industry, which includes 41 stocks and is currently ranked 165 in the Zacks Industry Rank; this industry has an average gain of 32.5% this year, indicating BEPC is slightly underperforming [6] - Flotek Industries (FTK), another stock in the Oils-Energy sector, has outperformed with a year-to-date increase of 45.4% and also holds a Zacks Rank of 2 (Buy) [4][5] - The Oil and Gas - Field Services industry, to which FTK belongs, is ranked 204 and has seen a decline of 11.4% year-to-date [7]
ProFrac Holding Corp. (ACDC) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-08 01:56
What's Next for ProFrac Holding Corp.? While ProFrac Holding Corp. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a str ...
Is Advantage Oil & Gas (AAVVF) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2025-08-07 14:41
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Advantage Energy (AAVVF) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Advantage Energy is one of 241 individual stocks in the Oils-Energy sector. Collectively, these companies sit at #16 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the ave ...
KLX Energy Services (KLXE) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-06 23:32
Company Performance - KLX Energy Services reported a quarterly loss of $0.88 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.62, and compared to a loss of $0.4 per share a year ago, indicating a significant decline in performance [1] - The company posted revenues of $159 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.75%, and down from $180.2 million in the same quarter last year [2] - Over the last four quarters, KLX Energy Services has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - KLX Energy Services shares have lost approximately 64.5% since the beginning of the year, contrasting sharply with the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is -$0.69 on revenues of $162.1 million, and for the current fiscal year, it is -$3.36 on revenues of $629.4 million [7] Industry Outlook - The Oil and Gas - Field Services industry, to which KLX Energy Services belongs, is currently ranked in the bottom 8% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact KLX Energy Services' stock performance [5]
Kinetik Holdings Inc. (KNTK) Q2 Earnings Top Estimates
ZACKS· 2025-08-06 23:11
分组1 - Kinetik Holdings Inc. reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, but down from $0.54 per share a year ago, resulting in an earnings surprise of +135.71% [1] - The company posted revenues of $426.74 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 29.85%, compared to revenues of $359.46 million a year ago [2] - Kinetik Holdings has surpassed consensus EPS estimates only once in the last four quarters, indicating inconsistent performance [2] 分组2 - The stock has underperformed the market, losing about 25.7% since the beginning of the year, while the S&P 500 gained 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.34 on revenues of $689.08 million, and for the current fiscal year, it is $0.56 on revenues of $2.57 billion [7] - The Oil and Gas - Field Services industry, to which Kinetik belongs, is currently in the bottom 8% of the Zacks Industry Rank, suggesting a challenging environment for the stock [8]
Flotek Industries (FTK) Beats Q2 Earnings and Revenue Estimates
ZACKS· 2025-08-05 22:26
Flotek Industries (FTK) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +23.08%. A quarter ago, it was expected that this oilfield services company would post earnings of $0.06 per share when it actually produced earnings of $0.17, delivering a surprise of +183.33%.Over the last four ...
FTK or PUMP: Which Small-Cap Oilfield Stock Looks Stronger?
ZACKS· 2025-07-30 13:20
Core Insights - The competition between Flotek Industries (FTK) and ProPetro Holding Corp. (PUMP) highlights their efforts to adapt to a changing energy landscape while seeking more stable income streams [1][2] Flotek Industries (FTK) - FTK is focusing on building recurring, high-margin revenue streams, exemplified by its deal with ProFrac Holding Corp. ACDC, which is expected to generate $14 million in EBITDA in 2025 and potentially $27 million in 2026 [3] - The company is innovating in "custody transfer automation" with its JP3 XSPCT Analyzer, which has already identified millions in underpayments, leading to reliable, high-profit income through monthly contracts [4] - FTK has shown strong financial execution with 10 consecutive quarters of EBITDA improvement, achieving a 93% year-over-year growth in adjusted EBITDA in Q1 2025 [5] - FTK shares have surged 174% over the past year, reflecting investor optimism around its strategic shift and recurring revenue model [8][10] - FTK trades at a forward sales multiple of 1.59X, indicating stronger growth expectations compared to PUMP's 0.49X [12] - The Zacks Consensus Estimate for FTK's 2025 EPS anticipates an 85% year-over-year gain, with an additional 41% expected in 2026 [13] ProPetro Holding Corp. (PUMP) - PUMP is expanding beyond its traditional pressure pumping business with the launch of its PROPWR division, which aims to provide industrial power and plans to invest $230 million by 2026 [6] - A 10-year contract to supply 80 megawatts of power in the Permian Basin is expected to stabilize cash flow for PUMP [6] - PUMP is updating its equipment, with 75% of its equipment running on cleaner systems in early 2025, which aligns with environmental goals and helps mitigate short-term market volatility [7] - PUMP shares have declined nearly 30% over the past year, reflecting market concerns regarding capital intensity and macro volatility [8][10] - PUMP's 2025 EPS is projected to drop 104%, with a potential rebound of 365% in 2026 as PROPWR scales [14] - PUMP's lower valuation at 0.49X forward sales suggests investor caution regarding its execution risks and capital needs [12] Conclusion - FTK appears better positioned due to its recurring revenue growth, proven EBITDA momentum, and lower capital intensity, while PUMP's long-term potential is clouded by significant investment requirements and reliance on the Permian Basin [17]