Expro Group Holdings NV
NYSE:XPRO

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Expro Group Holdings NV Logo
Expro Group Holdings NV
NYSE:XPRO
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Price: 14.87 USD 0.13% Market Closed
Market Cap: 1.7B USD

Expro Group Holdings NV
Investor Relations

Expro Group Holdings NV, a stalwart in the energy sector, has consistently demonstrated its prowess in providing cutting-edge services and technologies to the global oil and gas industry. Born from a merger with Frank's International in 2021, the company boasts a rich heritage that dates back to its foundation in 1973. With its headquarters in the bustling energy hub of Houston, Texas, Expro is well-placed to tap into the evolving demands of the energy market. The company's operations are geographically diverse, serving clients across various continents, which provides a buffer from the cyclical nature of the oil and gas industry. Expro's expertise lies in offerings that encompass well construction, well flow management, subsea well access, and well intervention and integrity. This comprehensive service suite helps its clients maximize production, ensure safety, and optimize the life cycle of their wells.

The business model of Expro hinges on its ability to deliver customized, high-quality solutions that blend engineering expertise with advanced technologies. By focusing on innovation and sustainability, the company ensures it remains a crucial partner for energy companies looking to boost efficiency while reducing environmental impact. Its revenue streams are diversified across its different service lines, which not only mitigate risks associated with market volatility but also drive long-term growth. Expro benefits from long-standing relationships with major oil and gas operators, translating into recurrent contracting opportunities. The company’s strategic investments in technology further enhance its competitive edge, allowing it to offer solutions such as digital monitoring and analytics that help clients make informed decisions about their well operations. Through this amalgamation of engineering finesse and technological innovation, Expro Group Holdings NV maintains its reputation as a leader in the energy services sphere.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 23, 2025
AI Summary
Q3 2025

Record Free Cash Flow: Expro posted its highest-ever quarterly free cash flow of $46 million, marking a significant milestone in operational efficiency and cash conversion.

Margin Expansion: Q3 EBITDA margin rose to 22.8%, up 50 basis points from last quarter and 270 basis points year-over-year, with further margin growth expected in 2025 and 2026.

Raised Guidance: Expro raised its 2025 EBITDA and free cash flow guidance, now expecting adjusted EBITDA of $350–$360 million and free cash flow of $110–$120 million.

Share Repurchases: The company met its $40 million annual share repurchase target ahead of schedule and retains $36 million in remaining authorization.

Stable Outlook: 2026 activity is expected to be flat to slightly down versus 2025, but management anticipates continued EBITDA margin expansion and stronger cash generation.

Technology & Awards: Expro continued to win industry recognition for its technology and safety, securing new contracts and extending key relationships in multiple regions.

Key Financials
Revenue
$411 million
EBITDA
$94 million
EBITDA Margin
22.8%
Adjusted Free Cash Flow
$46 million
Capital Expenditures
Between $110 million and $120 million (2025 guidance)
Share Repurchases
$25 million in Q3; $40 million YTD
Liquidity
$532 million
Cash on Balance Sheet
$199 million
Backlog
$2.3 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. Michael Jardon
President, CEO & Executive Director
No Bio Available
Mr. Quinn P. Fanning
Chief Financial Officer
No Bio Available
Mr. Alistair Geddes
Chief Operating Officer
No Bio Available
Mr. Steven J. Russell
Chief Technology Officer
No Bio Available
Mr. Lewis John W. McAlister
Group General Counsel & Secretary
No Bio Available
Mr. Michael Bentham
Principal Accounting Officer
No Bio Available
Hannah Rumbles
Global Marketing and Communications Manager
No Bio Available
Ms. Natalie Questell
Senior Vice President of Human Resources
No Bio Available

Contacts

Address
NOORD-HOLLAND
Den Helder
Mastenmakersweg 1
Contacts
+31223670000.0