Expro Group Holdings NV (XPRO) Company Overview

XPRO's long-term growth is driven by increased investments in LNG, deepwater projects, and demand for plug and abandonment solutions. Short term challenges include operators' capex cuts and sticky pricing. Following a recent stock price drop, XPRO is undervalued compared to peers, with an upside over the next year.

HOUSTON--(BUSINESS WIRE)--Expro has been awarded a contract valued at over $10 million for the provision of a well decommissioning solution.

Expro Group Holdings (XPRO) came out with quarterly earnings of $0.23 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.06 per share a year ago.

XPRO is upgraded to a "Buy" due to increased investments in deepwater upstream projects and LNG developments, enhancing its well-flow management and well-intervention integrity product lines. The Coretrax acquisition strengthens XPRO's position in Europe, Sub-Saharan Africa, the Middle East, and North Africa, contributing to revenue and EBITDA growth in FY2024. Despite concerns over project backlog, revenue drops, and cash flow issues, XPRO's robust liquidity and positive valuation suggest steady stock price appreciation over the next year.

Expro Group Holdings (XPRO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Expro Group Holdings N.V. (NYSE:XPRO ) Q2 2024 Earnings Call July 25, 2024 11:00 AM ET Company Participants Chad Stephenson - Director, Investor Relations Mike Jardon - Chief Executive Officer Quinn Fanning - Chief Financial Officer Conference Call Participants Luke Lemoine - Piper Sandler Neil Mehta - Goldman Sachs Arun Jayaram - JPMorgan Eddie Kim - Barclays Steve Ferazani - Sidoti Colby Sasso - Daniel Energy Partners Operator Hello and welcome to the Expro Q2 2024 Earnings Presentation.

Expro Group Holdings (XPRO) came out with quarterly earnings of $0.27 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.17 per share a year ago.

HOUSTON--(BUSINESS WIRE)--Expro Group Holdings N.V. (NYSE: XPRO) (“Expro” or the “Company”) will hold a conference call on July 25, 2024 to discuss results for the quarter ended June 30, 2024. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on July 25 and the press release, together with associated presentation slides, will be posted to the investor relations section of t.

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