Expro Group Holdings (XPRO) AI Stock Analysis
Expro Group Holdings
(BX Swiss:XPRO)
No summary available
Expro Group Holdings Business Overview & Revenue Model
Company Description
Expro Group Holdings N.V. is a global provider of specialized energy services, operating across North and Latin America, Europe, Sub-Saharan Africa, the Middle East, North Africa, and the Asia-Pacific regions. The company delivers solutions crucial f...
Expro Group Holdings Earnings Call Summary
The call conveyed a constructive and strategic tone: management reported solid core results despite seasonal headwinds and a modest working-capital-driven cash-flow shortfall, highlighted meaningful operational and technological achievements, and announced a strategically significant and accretive acquisition (Enhanced Drilling) expected to add >$50M of annual EBITDA and >$275M backlog. While near-term risks include seasonality, a ~$10–$15M Q2 revenue impact from the Middle East conflict with elevated EBITDA decrementals, and a Q1 working capital hit that reduced adjusted free cash flow to $3M, the company’s strong liquidity, net cash position, substantial Drive 25 cost savings (~$40M), clear M&A playbook, and unchanged full-year guidance underpin a positive outlook for H2 2026 and into 2027.
Q1-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Expro maintained its 2026 guidance unchanged and expects sequential quarterly improvement with a stronger second half, after reporting Q1 revenue of $368M, adjusted EBITDA of $63M (17.1% margin) and adjusted free cash flow of $3M (adversely affected by roughly $20M of working capital timing); Q1 regional revenues were NLA $128M (20% margin), ESSA $114M (28%), MENA $82M (29%) and APAC $44M (16%). Management expects the Middle East conflict to subtract about $10–15M of revenue in Q2 (Q1+projected Q2 impact ≈1% of full‑year revenue) with elevated decrementals to EBITDA, and foresees activity and margin expansion into H2. The company announced the NOK 2.0B (~$215M) Enhanced Drilling acquisition (adds >$275M backlog), expected to close in Q3, funded with cash and revolver borrowings, and to add >$50M to annual run‑rate adjusted EBITDA with >30% margins. Balance‑sheet metrics: total liquidity $517M (cash $171M), $79M revolver drawn, ~ $92M net cash and net debt substantially less than 1x adjusted EBITDA; capital allocation priorities include returning at least one‑third of free cash flow (Q1 buybacks: ~1.2M shares for $20M) and realizing Drive 25 cost savings of roughly $40M to help reach >25% adjusted EBITDA margin medium‑term.
Expro Group Holdings Risk Analysis
Expro Group Holdings disclosed 30 risk factors in its most recent earnings report. Expro Group Holdings reported the most risks in the "Finance & Corporate" category.
- Finance & Corporate9
- Tech & Innovation3
- Legal & Regulatory8
- Production2
- Ability to Sell5
- Macro & Political3
Latest Risks Added
3 New RisksExpro Group Holdings Peers Comparison
Overall Rating
FTI77Outperform
WFRD73Outperform
BKR69Neutral
HAL66Neutral
SLB66Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| FTI | 77Outperform | $26.74B | 21.23 | 38.54% | 0.29% | 7.95% | 42.53% |
| WFRD | 73Outperform | $6.57B | 16.10 | 22.51% | 1.19% | -5.65% | 0.77% |
| BKR | 69Neutral | $54.85B | 18.85 | 14.83% | 1.67% | 3.71% | 0.14% |
| HAL | 66Neutral | $29.92B | 15.13 | 18.46% | 1.88% | 1.53% | 58.46% |
| SLB | 66Neutral | $79.32B | 25.84 | 11.77% | 2.18% | 4.57% | -20.58% |
| Sector * | 65Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
* Energy Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| BKR | Baker Hughes Company | 55.23 | 7.34 | 15.32% | |
| FTI | TechnipFMC | 68.77 | 26.81 | 63.89% | |
| HAL | Halliburton Company | 36.17 | 9.53 | 35.77% | |
| SLB | SLB N.V. | 53.74 | 17.60 | 48.72% | |
| WFRD | Weatherford International Plc | 90.63 | 16.28 | 21.89% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.