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Analysts Estimate Schlumberger (SLB) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2025-07-11 15:00
Wall Street expects a year-over-year decline in earnings on lower revenues when Schlumberger (SLB) reports results for the quarter ended June 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 July 18, might help the stock move higher if these key numbers are better than expectations. O ...
KLX Energy Services Announces 2025 Second Quarter Earnings Release and Conference Call Schedule
Prnewswire· 2025-07-09 20:15
HOUSTON, July 9, 2025 /PRNewswire/ -- KLX Energy Services Holdings, Inc. ("KLX" or the "Company") (NASDAQ: KLXE) announced today that it will report its 2025 second quarter financial results prior to the Company's live conference call, which can be accessed via dial-in or webcast, on Thursday, August 7, 2025 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time). What: KLX Energy Services 2025 Second Quarter Conference Call When: Thursday, August 7, 2025 at 10:00 a.m. Eastern Time / 9:00 a ...
RPC, Inc. Announces Date for Second Quarter 2025 Financial Results and Conference Call
Prnewswire· 2025-07-02 12:00
Joshua Large Vice President, Corporate Finance and Investor Relations (404) 321-2152 [email protected] SOURCE RPC, Inc. For information about RPC, Inc. or this event, please contact: Michael L. Schmit Chief Financial Officer (404) 321-2140 [email protected] ATLANTA, July 2, 2025 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the second quarter ended June 30, 2025 on Thursday, July 24, 2025 before the market opens. In conjunction with its earnings release ...
Array Technologies Closes Upsized Offering of Its 2.875% Convertible Senior Notes
Globenewswire· 2025-06-27 20:05
$345 million raised; approximately $334 million of net proceeds$233 million of term loan outstanding balance to be repaid with proceeds$78 million of proceeds used to repurchase $100 million principal of 1.00% Convertible Senior Notes due 2028$35 million of proceeds used to acquire Capped Calls elevating conversion price to $12.74 per share ALBUQUERQUE, N.M., June 27, 2025 (GLOBE NEWSWIRE) -- ARRAY Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced the closing of its previously ann ...
Republic Services, Inc. Sets Date for Second Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-06-24 13:04
PHOENIX, June 24, 2025 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG) will release its second quarter financial results after market close on Tuesday, July 29, 2025, and host an investor conference call at 5 p.m. Eastern Time that day.A live audio webcast of the conference call can be accessed by visiting the company's Investor Relations website at investor.republicservices.com.Participants also can dial into the conference call at (844) 890-1789 or (412) 717-9598 (International), passcode "Republic Se ...
Array Technologies Announces Proposed Private Offering of $250 Million of New Convertible Senior Notes
Globenewswire· 2025-06-24 11:05
ALBUQUERQUE, N.M., June 24, 2025 (GLOBE NEWSWIRE) -- Array Technologies, Inc. (NASDAQ: ARRY) (the “Company” or “ARRAY”) today announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2031 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). ARRAY also intends to grant th ...
ConocoPhillips' Appraisal Well Confirms Slagugle Oil Discovery
ZACKS· 2025-06-20 15:16
Key Takeaways COP confirmed the Slagugle discovery in PL 891 with its second appraisal well, 6507/5-12S. The well hit multiple oil columns in an interval of 188 meters with strong flow rates. Slagugle may hold up to 61.6M barrels; further data analysis will determine development plans.ConocoPhillips (COP) , a global exploration and production firm, has confirmed the Slagugle oil discovery in the Norwegian Sea. The company had drilled a second appraisal well, 6507/5-12 S, in production license (PL) 891, op ...
Equinor to Drill New Wildcat Well in PL 1238 in the Barents Sea
ZACKS· 2025-06-13 13:46
Core Insights - Equinor ASA has received approval from the Norwegian Offshore Directorate to drill a wildcat well in the Barents Sea, specifically wellbore 7117/4-1, which is part of Production License 1238 [1][7] - The company holds a 40% working interest in the license, with partners Vår Energi, Petoro, and Aker BP each holding a 20% interest [1][7] - The drilling will be conducted using the COSL Prospector rig, which is capable of operating in harsh environments and can drill at water depths of up to 1500 meters and a maximum depth of 7,500 meters [2] Company Rankings and Comparisons - Equinor currently holds a Zacks Rank of 3 (Hold) [3] - Other energy sector companies with better rankings include Flotek Industries (Zacks Rank 1), Oceaneering International, and RPC, both with Zacks Rank 2 [3] - Flotek Industries focuses on green chemistry solutions to reduce environmental impact and operational costs for energy producers [4] - Oceaneering International provides integrated technology solutions across the offshore oilfield lifecycle, supporting revenue growth through innovative solutions [5] - RPC offers a diverse range of oilfield services and is committed to returning value to shareholders through dividends and share buybacks [6]
Baker Hughes Secures P&A Services Contract for North Sea Wells
ZACKS· 2025-06-12 15:16
Key Takeaways BKR will manage plug and abandonment services for Equinor's offshore wells at the Oseberg East field. The multi-year framework agreement began in March 2025 and covers several North Sea wells. BKR will open a Center of Excellence in Bergen and Stavanger to streamline operations.Baker Hughes Company (BKR) , a leading energy technology company, has announced that it will provide plug and abandonment (P&A) services to Equinor ASA (EQNR) at the Oseberg East field. The assignment is part of a mul ...
Ecopetrol Expands Renewables Portfolio Through Latest Acquisition
ZACKS· 2025-05-21 14:01
Group 1: Company Insights - Ecopetrol S.A. (EC), Expand Energy Corporation (EXE), and RPC, Inc. (RES) currently hold a Zacks Rank 2 (Buy) indicating positive market sentiment towards these companies [1] - Diversified Energy Company operates as an independent oil and natural gas producer in the U.S., focusing on the production, transportation, and marketing of natural gas and natural gas liquids, benefiting from rising demand for cleaner-burning fuels and increasing commodity prices [2] - Expand Energy, formed from the merger of Chesapeake Energy Corporation and Southwestern Energy Company, is positioned to benefit from the growing demand for natural gas in the energy transition, with recent price increases expected to enhance profitability [3] - RPC generates stable revenues through a variety of oilfield services, including pressure pumping and rental tools, and is committed to returning value to shareholders via consistent dividends and share buybacks, making it appealing for investors seeking steady returns [4] Group 2: Industry Trends - The demand for natural gas is rising as it is recognized as a cleaner-burning fuel, which is expected to positively impact the financial performance of companies involved in its production and marketing [2][3] - The energy transition is increasingly highlighting the role of natural gas, suggesting a favorable market environment for companies like Expand Energy that are focused on this sector [3]