Oil and Gas - Field Services

Search documents
Drilling Tools International Corp. (DTI) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2025-08-13 22:31
Drilling Tools International Corp. (DTI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -150.00%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.02, delivering a surprise of -50%.Over the last four quarters, the compa ...
KLX Energy Services (KLXE) Reports Q2 Loss, Lags Revenue Estimates
ZACKS· 2025-08-06 23:32
KLX Energy Services (KLXE) came out with a quarterly loss of $0.88 per share versus the Zacks Consensus Estimate of a loss of $0.62. This compares to a loss of $0.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -41.94%. A quarter ago, it was expected that this service provider to oil and natural gas producers would post a loss of $0.86 per share when it actually produced a loss of $1.27, delivering a surprise of -47.67%.Over ...
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]
Tetra Technologies (TTI) Q2 Earnings Match Estimates
ZACKS· 2025-07-29 23:11
Tetra Technologies (TTI) came out with quarterly earnings of $0.09 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this oil and gas services company would post earnings of $0.08 per share when it actually produced earnings of $0.11, delivering a surprise of +37.5%.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Tetra ...
Is the Options Market Predicting a Spike in Flotek Industries Stock?
ZACKS· 2025-07-25 13:36
Investors in Flotek Industries, Inc. (FTK) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 19, 2025 $5 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could al ...
Liberty Oilfield Services (LBRT) Misses Q2 Earnings Estimates
ZACKS· 2025-07-25 00:16
Company Performance - Liberty Oilfield Services reported quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.14 per share, and down from $0.61 per share a year ago [1] - The quarterly report represents an earnings surprise of -14.29%, while the previous quarter saw a positive surprise of +33.33% [2] - The company posted revenues of $1.04 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.70%, but down from $1.16 billion year-over-year [3] Stock Performance - Liberty Oilfield Services shares have lost about 33.4% since the beginning of the year, contrasting with the S&P 500's gain of 8.1% [4] - The current consensus EPS estimate for the coming quarter is $0.06 on revenues of $985.9 million, and $0.29 on revenues of $3.88 billion for the current fiscal year [8] Industry Outlook - The Oil and Gas - Field Services industry is currently in the bottom 4% of over 250 Zacks industries, indicating a challenging environment for stocks in this sector [9] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment [6]
RPC (RES) Q2 Earnings Miss Estimates
ZACKS· 2025-07-24 12:56
RPC (RES) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this oil and gas services company would post earnings of $0.07 per share when it actually produced earnings of $0.06, delivering a surprise of -14.29%.Over the last four quarters, th ...
FMC Technologies (FTI) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2025-07-24 12:56
Group 1: Earnings Performance - FMC Technologies reported quarterly earnings of $0.68 per share, exceeding the Zacks Consensus Estimate of $0.57 per share, and up from $0.43 per share a year ago [1] - The earnings surprise for the quarter was +19.30%, while the previous quarter saw a surprise of -8.33% with actual earnings of $0.33 per share against an expectation of $0.36 [2] - Over the last four quarters, FMC Technologies has surpassed consensus EPS estimates three times [2] Group 2: Revenue Performance - The company posted revenues of $2.53 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.19%, compared to $2.33 billion in the same quarter last year [3] - FMC Technologies has also topped consensus revenue estimates three times over the last four quarters [3] Group 3: Stock Performance and Outlook - FMC Technologies shares have increased approximately 16.1% since the beginning of the year, outperforming the S&P 500's gain of 8.1% [4] - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.61 for the coming quarter and $2.07 for the current fiscal year [5][8] - The Zacks Rank for FMC Technologies is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Group 4: Industry Context - The Oil and Gas - Field Services industry, to which FMC Technologies belongs, is currently ranked in the bottom 4% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact FMC Technologies' stock performance [6]