Core Viewpoint - Schlumberger is a leading company in the oilfield services industry, offering a diverse range of services including well construction, reservoir performance, digital services, and well management. The company has experienced a decline in oil prices and stock value in recent months, which may present strategic buying opportunities for investors [1]. Group 1: Company Overview - Schlumberger (NYSE: SLB) is recognized as a world leader in the oilfield services sector [1]. - The company provides a wide array of services that cater to various aspects of oilfield operations [1]. Group 2: Market Performance - Recent trends indicate that both oil prices and Schlumberger's stock have drifted lower in recent months [1]. - The company has recently reported its earnings, which could influence investor sentiment and market positioning [1].

Core Insights - Halliburton Company and Rhino Resources have successfully completed the first two exploration wells on Block 2914 in Namibia, utilizing entirely local infrastructure, marking a significant milestone for the region's energy sector [1] - The partnership sets a new standard for energy development in Namibia, enhancing the country's position as a rising energy hub in Africa and potentially attracting further investment [2] - The initiative emphasizes local capacity building and education, with a focus on long-term benefits for Namibians through knowledge transfer [3] Local Capacity and Education - The Rhino-Halliburton Technology Centre, inaugurated in October 2024, aims to advance geoscience education and equip Namibian youth with essential skills for the energy sector [4] - The project reflects a commitment to not only explore geological potential but also to ensure sustainable development for the local community [3] Financial Implications - Halliburton's entry into Namibia represents a strategic move into a high-growth energy market, with the development of local infrastructure and a technology center indicating a long-term commitment that could lead to future revenue opportunities [6] - The contract secured by Halliburton from Rhino Resources includes the construction of multiple deepwater integrated wells and emphasizes the importance of localization in the oil and gas industry [5] Industry Context - Halliburton is one of the largest oilfield service providers globally, offering a range of services to various sectors, including energy and government [7] - Investors may consider other top-ranked energy stocks, such as Prairie Operating Co. and Global Partners LP, which are also experiencing significant growth projections [8][9][10][11]

NCS Multistage (NCSM) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Thank you. I would now like to turn over the call to Mike Morrison, Chief Financial Officer. Please go ahead. Speaker1 Thank you, Janice, and thank you for joining the NCS Multistage First Quarter twenty twenty five Conference Call. Our call today will be led by our CEO, Ryan Hummer, and I will also provide comments. I want to remind listeners that some of today's comments include forward looking statements such as our financial g ...

Core Viewpoint - NCS Multistage Holdings, Inc. will discuss its first quarter 2025 results in a conference call scheduled for May 1, 2025, at 7:30 a.m. Central Time [1] Company Overview - NCS Multistage Holdings, Inc. is a leading provider of engineered products and support services for optimizing oil and natural gas well construction, completions, and field development strategies [3] - The company primarily serves exploration and production companies for both onshore and offshore wells, focusing on those drilled with horizontal laterals in unconventional and conventional formations [3] - NCS's products and services are utilized across North America and selected international markets, including the North Sea, Middle East, Argentina, and China [3] - The company's common stock is traded on the Nasdaq Capital Market under the symbol "NCSM" [3]

Financial Data and Key Metrics Changes - In Q4 2024, total revenues were $45.0 million, a 20% increase year-over-year, with international revenue up by 280%, Canada up by 20%, and the U.S. up by 18% [21][22] - For the full year 2024, revenues reached $162.6 million, a 14% increase compared to 2023, with adjusted gross margin improving to 41% from 39% [23] - Adjusted EBITDA for Q4 2024 was $8.2 million, up from $2.5 million in Q4 2023, while full-year adjusted EBITDA was $22.3 million, significantly higher than $11.9 million in 2023 [26][27] Business Line Data and Key Metrics Changes - The company achieved its highest ever revenue outside of North America in 2024, with international revenue doubling from 5% to 10% of total revenue [12] - Adjusted gross profit for Q4 2024 was $19.4 million, with an adjusted gross margin of 43%, up from 37% in Q4 2023, driven by higher margin international revenues [22] Market Data and Key Metrics Changes - The company reported a significant increase in international revenue, which reached an all-time high of $16.5 million in 2024 [23] - The U.S. revenue for Q1 2025 is expected to be between $8 million and $9 million, while Canadian revenue is projected to be between $32 million and $34 million [28] Company Strategy and Development Direction - The company aims to grow revenue in excess of underlying market activity in 2025, focusing on international markets and new technology introductions [18] - Strategic objectives include enhancing operational efficiency, improving employee engagement, and generating free cash flow [19] - The company is actively looking for M&A opportunities to integrate small tech-related businesses that align with its strategic goals [56] Management's Comments on Operating Environment and Future Outlook - Management expects customer activity in 2025 to be flat to down in the U.S., with slight increases in Canada and core international markets [30] - The strengthening of the U.S. dollar is anticipated to negatively impact revenue and adjusted EBITDA for 2025 [31] - The company is monitoring potential trade actions and has plans to mitigate impacts from increased tariffs [33] Other Important Information - The company ended 2024 with a cash balance of nearly $26 million and expects to generate positive free cash flow in 2025 [36][37] - Capital expenditures for 2025 are expected to be between $1.5 million and $2 million, with free cash flow after distributions projected at $7 million to $10 million [34] Q&A Session Summary Question: Insights on the cadence for the year and spring breakup in Canada - Management expects 2025 seasonality to mimic 2024, with typical activity patterns anticipated [43][44] Question: Factors driving margin expansion - Margin expansion was driven by international growth, operating leverage, and cost reduction actions taken in 2023 [48][50] Question: Interest in small tech-related businesses for M&A - The company is actively looking for M&A opportunities that align strategically and operationally [56][58] Question: R&D developments and upcoming market introductions - Exciting technologies are in development, with some nearing prototype stage and potential market introduction [60][61]