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Oceaneering Q3 Earnings Beat Estimates, Revenues Increase Y/Y
ZACKS· 2025-10-27 14:11
Key Takeaways Oceaneering posted Q3 adjusted EPS of $0.55, topping estimates and last year's $0.36.Revenues rose 9.3% year over year to $742.9M, led by strength in multiple business units.OII projects 2025 EBITDA of $391M-$401M and steady 2026 cash flow with continued buybacks.Oceaneering International, Inc. (OII) reported an adjusted profit of 55 cents per share for the third quarter of 2025, beating the Zacks Consensus Estimate of 42 cents. Moreover, the bottom line surpassed the year-ago quarter’s report ...
TechnipFMC Beats Q3 Earnings on Strong Performance of Subsea Segment
ZACKS· 2025-10-24 15:51
Key Takeaways TechnipFMC's Q3 EPS rose to 75 cents, topping estimates and last year's earnings of 64 cents.Subsea revenues jumped 14.4% y/y to $2.3B, driven by increased project activity.FTI approved $2B in new share repurchases and maintained its 5 cents per share dividend.TechnipFMC plc (FTI) reported third-quarter 2025 adjusted earnings of 75 cents per share, which beat the Zacks Consensus Estimate of 65 cents. The bottom line also topped the year-ago quarter’s reported profit of 64 cents. The outperform ...
PTEN Q3 Earnings Loss Narrower Than Expected, Sales Beat
ZACKS· 2025-10-24 13:40
Key Takeaways Patterson-UTI posted a Q3 adjusted loss of $0.06 per share, outperforming consensus estimates.Revenues rose above expectations on stronger Completion Services despite a 14% yearly decline.The board declared an unchanged quarterly dividend of $0.08 per share, payable on Dec. 15.Patterson-UTI Energy, Inc. (PTEN) reported a third-quarter 2025 adjusted net loss of 6 cents per share, which was narrower than the Zacks Consensus Estimate of a 10-cent loss. This was driven by a 48.7% year-over-year re ...
Factors You Need to Know Ahead of ProPetro's Q3 Earnings Release
ZACKS· 2025-10-22 15:16
Key Takeaways ProPetro will release Q3 2025 results on Oct. 29, with a projected loss of 11 cents per share.Q3 revenues are expected to drop 28.6% year over year amid weaker hydraulic fracturing demand.Over half of ProPetro's hydraulic horsepower is under long-term contracts, limiting downside risk.ProPetro Holding Corp. (PUMP) is set to release third-quarter 2025 results on Oct. 29, 2025. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a loss of 11 cents per share on revenues of $ ...
Should You Invest in the SPDR S&P Oil & Gas Equipment & Services ETF (XES)?
ZACKS· 2025-10-22 11:21
If you're interested in broad exposure to the Energy - Equipment and services segment of the equity market, look no further than the SPDR S&P Oil & Gas Equipment & Services ETF (XES) , a passively managed exchange traded fund launched on June 19, 2006.Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors.Additionally, sector ETFs offer ...
Will These 4 Energy Stocks Surpass Q3 Earnings Estimates?
ZACKS· 2025-10-21 14:16
Core Insights - The Oils-Energy sector experienced contrasting trends in Q3 2025, with crude oil prices declining due to oversupply and global economic concerns, while natural gas prices surged amid tighter supply and geopolitical tensions [1][2][3] Oil Market Overview - Crude oil prices fell significantly, with West Texas Intermediate averaging $65.74 per barrel, a 14% decrease from $76.24 in Q3 2024, primarily due to OPEC+ producers increasing output by over 1.3 million barrels per day [2] - Factors contributing to the decline included U.S.-China trade tensions, renewed tariff threats on Indian imports, and weaker industrial demand expectations [2] - President Trump's policies aimed at controlling inflation by keeping energy costs low further pressured oil prices, alongside the International Energy Agency's forecasts of slowing global consumption [2] Natural Gas Market Overview - In contrast, natural gas prices rose sharply, with the Henry Hub spot price averaging $3.03 per million British thermal units (MMBtu), a 44% increase from $2.11 per MMBtu in Q3 2024 [3] - This increase was driven by supply disruptions and strong demand, particularly due to tight global LNG trade and Middle East supply interruptions following geopolitical conflicts [3] - U.S. gas inventories remained below five-year averages, and high LNG export volumes to Europe and Asia contributed to a balanced domestic supply at lower levels [3] Earnings Outlook for the Energy Sector - The Oils-Energy sector is projected to see a 6.7% year-over-year decline in Q3 earnings, an improvement from the 16.9% contraction in Q2 but still lagging behind the broader market [4][5] - Only 4% of S&P 500 energy companies have reported earnings so far, showing a mixed performance with a 100% beat rate on EPS but 0% on revenues, indicating ongoing top-line pressures [4] - In comparison, the broader S&P 500 is expected to deliver 6.5% earnings growth, highlighting the energy sector's struggles [5] Sector Challenges - The energy sector faces multifaceted challenges, including volatile commodity prices, shifting global demand, and persistent margin pressures [6] - Net margins are expected to remain under pressure, contributing to the earnings decline, while other sectors like Aerospace, Finance, and Technology are experiencing strong growth [6] Investment Considerations - The divergence in sector performance emphasizes the need for selective investing, with a focus on operational efficiency, cost discipline, and strategic positioning among companies with diversified energy exposure or stronger natural gas portfolios [7][8]
TechnipFMC to Report Q3 Earnings: What's in Store for the Stock?
ZACKS· 2025-10-21 14:11
Core Viewpoint - TechnipFMC plc (FTI) is set to report its third-quarter fiscal 2025 results on October 23, with earnings estimated at 65 cents per share and revenues at $2.62 billion, reflecting a year-over-year increase in both metrics [1][3]. Group 1: Previous Quarter Performance - In the last reported quarter, FTI achieved adjusted earnings of 68 cents per share, surpassing the Zacks Consensus Estimate of 36 cents, driven by strong performance in the Subsea segment [2]. - FTI's revenues for the last quarter were $2.5 billion, exceeding the Zacks Consensus Estimate by 2.2% [2]. Group 2: Earnings Estimates and Trends - FTI has consistently beaten the Zacks Consensus Estimate in the past four quarters, with an average surprise of 32.34% [3]. - The Zacks Consensus Estimate for third-quarter fiscal 2025 earnings has remained stable but experienced one downward revision recently, indicating a 1.56% year-over-year increase [3]. - The revenue estimate for the third quarter suggests an 11.44% increase compared to the same period last year [3]. Group 3: Revenue Drivers - FTI's revenues are expected to improve, with the third-quarter estimate rising from $2.35 billion in the previous year, largely due to strong contributions from the Subsea segment [4]. - The Subsea segment's revenues are projected to increase by 11.3% year-over-year, reaching $2.26 billion [5]. Group 4: Cost Considerations - FTI's total costs and expenses are anticipated to rise by 8% year-over-year to $2 billion in the third quarter, which may negatively impact earnings [6]. - The cost of service revenues is expected to increase by 1.3% year-over-year, reaching $1.21 billion, while the costs of product revenues and lease revenues are projected to rise by 21.2% and 8.2%, respectively [6]. Group 5: Earnings Prediction Model - The Zacks model does not predict a definitive earnings beat for FTI this quarter, as the Earnings ESP is -3.68%, which may pressure quarterly earnings [7][8]. - FTI currently holds a Zacks Rank of 2 (Buy) [10].
Core Laboratories to Post Q3 Earnings: Key Metrics to Watch
ZACKS· 2025-10-16 16:21
Key Takeaways Core Laboratories will release Q3 2025 results on Oct. 22, after the closing bell.Earnings and revenues are forecast to drop year over year despite a recent estimate upgrade.CLB is likely to see a rebound in laboratory services tied to the assay of crude oil and derived products.Core Laboratories Inc. (CLB) is set to release third-quarter 2025 results on Oct. 22, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 19 cents per share on r ...
Why I Like Saipem7: Analyzing The Saipem-Subsea7 Merger (SUBCY)
Seeking Alpha· 2025-10-02 18:58
Subsea 7 S.A. ( OTCPK:SUBCY ) the oil and gas equipment and services provider, announced that "at the extraordinary general meeting of shareholders on 25 September 2025, the purpose of which was to approve the proposed combinationAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in SUBCY over the next 72 hours. I w ...
OMS Energy Technologies Inc. CEO How Meng Hock Takes Center Stage at DFIN Capital Markets Event
Globenewswire· 2025-09-26 10:00
Core Insights - OMS Energy Technologies Inc. recently participated in a panel at a DFIN event focused on U.S. IPOs for Southeast Asian companies, highlighting its successful Nasdaq listing earlier this year [1][2] - The event featured discussions on IPO strategies, challenges, and best practices, with OMS's CEO sharing insights on public listing preparation and post-IPO growth strategies [2][3] - The CEO emphasized that going public was a significant milestone for OMS, presenting both challenges and opportunities for long-term shareholder value creation [3] Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer specializing in surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry [4] - The company serves both onshore and offshore operators across six key jurisdictions in the Asia Pacific, Middle Eastern, and North African regions [4] - OMS operates 11 strategically located manufacturing facilities, ensuring rapid response and customized solutions to meet evolving production and logistics needs [4]