Oil States International (OIS) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.1 per share. This compares to earnings of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.00%. A quarter ago, it was expected that this energy services company would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise.Over the last four quarter ...

National Energy Services Reunited (NESR) shares rallied 14.3% in the last trading session to close at $14.1. 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 20.3% gain over the past four weeks.The surge can be attributed to a higher demand for NESR’s oilfield services driven by the overall increase in oil and gas demand. The company is one of the largest oilfield service providers in the Middle East and North ...

Core Insights - Nov Inc. reported quarterly earnings of $0.11 per share, missing the Zacks Consensus Estimate of $0.24 per share, and down from $0.33 per share a year ago, representing an earnings surprise of -54.17% [1] - The company posted revenues of $2.18 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.83%, but down from $2.19 billion year-over-year [2] - Nov Inc. shares have declined approximately 5.2% year-to-date, contrasting with the S&P 500's gain of 15.5% [3] Earnings Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $0.24 on revenues of $2.16 billion, and for the current fiscal year, it is $0.97 on revenues of $8.58 billion [7] Estimate Revisions - Prior to the earnings release, the estimate revisions trend for Nov Inc. was unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which Nov Inc. belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, suggesting potential challenges for stock performance [8] - Another company in the same industry, Kodiak Gas Services, is expected to report quarterly earnings of $0.50 per share, reflecting a year-over-year increase of +22%, with a consensus EPS estimate revised 18.6% higher recently [9]

Wall Street expects a year-over-year increase in earnings on lower revenues when Oil States International (OIS) reports results for the quarter ended September 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 31, might help the stock move higher if these key numbers are better ...

Group 1: Earnings Performance - National Energy Services Reunited (NESR) reported quarterly earnings of $0.21 per share, exceeding the Zacks Consensus Estimate of $0.19 per share, but down from $0.29 per share a year ago, representing an earnings surprise of +10.53% [1] - The company posted revenues of $327.37 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 3.41%, compared to year-ago revenues of $324.97 million [2] - Over the last four quarters, NESR has surpassed consensus EPS estimates just once and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - NESR shares have declined approximately 18.6% since the beginning of the year, contrasting with the S&P 500's gain of 9% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.28 on revenues of $350.11 million, and for the current fiscal year, it is $0.94 on revenues of $1.35 billion [7] Group 3: Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which NESR belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - The estimate revisions trend for NESR was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6]

Company Performance - North American Construction (NOA) reported quarterly earnings of $0.01 per share, significantly missing the Zacks Consensus Estimate of $0.59 per share, and down from earnings of $0.57 per share a year ago, indicating a -98.31% earnings surprise [1][2] - The company posted revenues of $231.73 million for the quarter ended June 2025, which was 2.71% below the Zacks Consensus Estimate and an increase from $201.95 million in the same quarter last year [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.99, with expected revenues of $244.03 million, while the estimate for the current fiscal year is $2.72 on revenues of $978.18 million [8] - The earnings outlook for North American Construction has been favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting it is expected to outperform the market in the near future [7] Industry Context - North American Construction operates within the Oil and Gas - Mechanical and Equipment industry, which is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges for stock performance [9] - The performance of the stock may also be influenced by the overall outlook for the industry, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [6][9]

Industry Overview - The Zacks Oil and Gas - Mechanical and Equipment industry includes companies that supply essential oilfield equipment such as production machinery, pumps, and drilling appliances to exploration and production firms [3] - The industry's performance is closely linked to the capital expenditures of upstream energy companies, which are influenced by oil prices and demand for drilling equipment [3] Current Market Conditions - Increasing oil stockpiles are expected to lead to lower crude prices, with the U.S. Energy Information Administration projecting West Texas Intermediate Spot Average prices of $63.58 per barrel in 2025 and $47.77 per barrel in 2026, down from $76.60 per barrel in 2024 [4] - This pricing environment is likely to discourage exploration and production activities, resulting in reduced demand for drilling and production equipment [4] Capital Expenditure Trends - Exploration and production companies are adopting a more conservative approach to capital spending, prioritizing shareholder returns over increased production expenditures, which is anticipated to further diminish demand for drilling and production equipment [5] Dividend Yield and Investment Sentiment - Stocks in the Zacks Oil and Gas - Mechanical and Equipment industry have consistently generated lower dividend yields compared to the broader oil energy sector over the past five years, potentially deterring income-focused investors [6] Industry Ranking and Performance - The Zacks Oil and Gas - Mechanical and Equipment industry holds a Zacks Industry Rank of 156, placing it in the bottom 36% of over 250 Zacks industries, indicating a bleak outlook [7][8] - Over the past year, the industry has underperformed both the broader Zacks Oil - Energy sector and the S&P 500, with a gain of only 2.8% compared to 4.1% and 21% for the sector and S&P 500, respectively [9] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 5.46X, which is lower than the S&P 500's 17.66X but higher than the sector's 4.79X [13] - Historical trading ranges for the industry have varied from a high of 43.84X to a low of 1.78X over the past five years, with a median of 10.37X [13] Company-Specific Insights - Natural Gas Services Group, Inc. (NGS) is positioned to benefit from increased demand for its compression equipment as the U.S. exports more liquefied natural gas (LNG) [15] - Solaris Energy Infrastructure, Inc. (SEI) is expected to maintain or grow its market share due to its advanced equipment that supports higher completion intensity, even in a weaker oil price environment [18] - Oil States International, Inc. (OIS) has secured $363 million in orders, marking its largest backlog in nearly a decade, indicating strong customer demand and future revenue growth potential [20]

Core Insights - Natural Gas Services (NGS) reported quarterly earnings of $0.41 per share, exceeding the Zacks Consensus Estimate of $0.32 per share, and up from $0.34 per share a year ago [1] - The earnings surprise for the quarter was +28.13%, following a previous surprise of +40.74% [2] - The company achieved revenues of $41.38 million for the quarter, surpassing the Zacks Consensus Estimate by 0.42% and increasing from $38.49 million year-over-year [3] Earnings Performance - NGS has surpassed consensus EPS estimates in all four of the last quarters [2] - The current consensus EPS estimate for the upcoming quarter is $0.33, with expected revenues of $43.1 million, and for the current fiscal year, the estimate is $1.40 on revenues of $171.47 million [8] Market Position - NGS shares have underperformed the market, losing about 7.5% since the beginning of the year, while the S&P 500 has gained 8.6% [4] - The Zacks Industry Rank for Oil and Gas - Mechanical and Equipment is in the bottom 39% of over 250 Zacks industries, indicating potential challenges for the sector [9] Future Outlook - The earnings outlook and estimate revisions will be crucial for NGS's stock performance in the near future [5] - The current Zacks Rank for NGS is 3 (Hold), suggesting that the shares are expected to perform in line with the market [7]

Group 1: Earnings Performance - Nov Inc. reported quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.30 per share, and down from $0.57 per share a year ago, representing an earnings surprise of -3.33% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates only once [2] - The company posted revenues of $2.19 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.85%, but down from $2.22 billion year-over-year [2] Group 2: Stock Performance and Outlook - Nov Inc. shares have lost about 4.3% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The estimate revisions trend for Nov Inc. was unfavorable ahead of the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which Nov Inc. belongs, is currently in the bottom 14% of over 250 Zacks industries, suggesting a challenging environment [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Financial Performance - Solaris Energy Infrastructure, Inc. reported quarterly earnings of $0.34 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, and up from $0.13 per share a year ago, representing an earnings surprise of +142.86% [1] - The company posted revenues of $149.33 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 21.18%, compared to year-ago revenues of $73.89 million [2] Market Performance - Solaris Energy Infrastructure, Inc. shares have declined approximately 1.8% since the beginning of the year, while the S&P 500 has gained 7.3% [3] - The company has underperformed the market so far this year, raising questions about its future stock performance [4] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $132.42 million, and for the current fiscal year, it is $0.53 on revenues of $513.88 million [7] - The estimate revisions trend for Solaris Energy Infrastructure, Inc. was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Oil and Gas - Mechanical and Equipment industry, to which Solaris Energy Infrastructure, Inc. belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [8]