ExproXPRO
Market Cap: 2.67B
About: Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.
Employees: 8,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
89% more call options, than puts
Call options by funds: $644K | Put options by funds: $341K
29% more capital invested
Capital invested by funds: $1.62B [Q4 2023] → $2.1B (+$477M) [Q1 2024]
3.57% more ownership
Funds ownership: 91.58% [Q4 2023] → 95.14% (+3.57%) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
1% less funds holding
Funds holding: 136 [Q4 2023] → 135 (-1) [Q1 2024]
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
10% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 50
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
Goldman Sachs Neil Mehta | 1%upside $23 | Neutral Downgraded | 3 Jun 2024 |
Piper Sandler Luke Lemoine | 28%upside $29 | Overweight Maintained | 20 May 2024 |
Barclays David Anderson | 19%upside $27 | Overweight Upgraded | 14 May 2024 |
Barclays David Anderson | 21%downside $18 | Equal-Weight Maintained | 29 Feb 2024 |
Financial journalist opinion
Based on 8 articles about XPRO published over the past 30 days