XPRO · NYSE · Oil & Gas Equipment & Services

Expro Group (XPRO)

Provides well construction, flow management, subsea access, and intervention services.

$16.63
vs last close+0.25 (+1.53%)
Loading prices…

Expro Group Holdings N.V.XPRO
Energy

Serves exploration and production operators with equipment, personnel, engineering, consumables, and related sales across four well-service lines. Revenue is organized geographically, with work spread across North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and Asia-Pacific.

Provides energy services across the well lifecycle, from well construction through flow management, subsea access, and intervention and integrity. Work is delivered to exploration and production operators in onshore and offshore settings, with revenue earned through equipment service charges, field personnel, run charges, consumables, engineering, procurement markups, and related equipment sales.

Operates through geographic segments covering the Americas, Europe and Sub-Saharan Africa, the Middle East and North Africa, and Asia-Pacific. The platform combines Frank's tubular-running heritage with Legacy Expro's well-flow and subsea expertise, with later acquisitions adding subsea access, performance drilling, wellbore cleanup, and production-optimization tools.

Execution depends on specialized equipment, trained field crews, customer project timing, and safety and service quality in remote oil and gas operations.

Company facts

CEOMichael Jardon
ListedOct 4, 2021
ExchangeNYSE
HeadquartersHouston, TX
CountryUnited States
Employees8,500
CIK0002126198
ISINKYG3314M1096

Market cap$1.84B
EPS (ttm)$0.1809
P/E (ttm)90.55
ROE1.4%
P/B1.22
P/S1.18
Dividend yieldDiv yield
Beta1.08vs XLE 1.30

Price target$19.00+16.0%Average of 20 analysts
ConsensusBuy9 of 20 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 31, 2026BarclaysReiterate
Rating: Target: $20
Rating: OverweightTarget: $19
Jul 16, 2026BarclaysReiterate
Rating: Target: $23
Rating: OverweightTarget: $20
Jun 4, 2026Goldman SachsTarget
Target: $23
Target: $19
May 7, 2026BarclaysTarget
Target: $21
Target: $23
Apr 15, 2026Piper SandlerReiterate
Rating: Target: $13
Rating: UnderweightTarget: $16

Next report
Oct 22, 26
in 29 days
EPS estimate
$0.26
Revenue estimate
$436.1M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26May '26Jul '26Oct '26
Reported$0.20$0.12$0.16$0.12$0.05$0.09$0.15Pending
Estimate$0.30$0.10$0.22$0.23$0.21$0.23$0.17$0.26
Surprise−33.3%+20.0%−26.2%−47.8%−75.8%−60.1%−11.5%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26May '26Jul '26Oct '26
Reported$436.8M$390.9M$422.7M$411.0M$382.1M$367.6M$393.2MPending
Estimate$446.8M$347.2M$399.5M$417.9M$410.7M$361.6M$387.4M$436.1M
Surprise−2.2%+12.6%+5.8%−1.6%−7.0%+1.6%+1.5%
Estimate$0.26
ReportedDue Oct 22, 2026
Estimate$436.1M
ReportedDue Oct 22, 2026
View details

Debt to equity11.40%
Current ratio204.70%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$422.8M$436.8M$390.9M$422.7M$411.4M$382.1M$367.6M$393.2M
Net income$16.3M$23.0M$13.9M$18.0M$14.0M$5.8M−$1.0M$2.0M
Net margin3.8%5.3%3.6%4.3%3.4%1.5%0.0%0.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$30.7M$44.9M$18.1M$41.5M$33.5M$22.6M$6.7M$16.6M
YoY growth+2,591.3%+486.8%+16.0%+14.6%+9.1%−49.7%−63.2%−60.1%

Balance sheet, May 8, 2026Cash & short-term investments $199.6M · Total debt $171.3M · Total assets $2.26B · Shareholders' equity $1.51B

Revenue
$393.2M
Operating income
$16.6M
Net income
$2.0M
View details

No dividends on record.

Institutions≈ 100.48%113.94M shares
173 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail
Insiders1.72%1.95M shares
13 holders · as of Jul 1, 2026
Adds to102.20%

113.40M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 102.20%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Price T Rowe Associates Inc /MD/Institution
12.49%14.16Mas of Jun 30, 2026
Oak Hill Advisors LPInstitution
10.22%11.58Mas of Jun 30, 2026
American Century Companies IncInstitution
7.11%8.06Mas of Jun 30, 2026
BlackRock, Inc.Institution
7.03%7.97Mas of Jun 30, 2026
FMR LLCInstitution
5.87%6.65Mas of Jun 30, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

  • SLB

    Broad overlap across construction, intervention, production, and subsea

  • Halliburton

    Large-service rival in completions, testing, subsea, and construction

  • Baker Hughes

    OFSE peer across construction, intervention, production, and subsea

  • Weatherford International

    Lifecycle peer in tubular running, completions, intervention, and production

  • TechnipFMC

    Subsea systems and services rival for offshore access and intervention

  • NOV

    Equipment-heavy peer in construction, tubulars, and intervention tools

  • Oceaneering International

    Subsea robotics and integrity peer for offshore intervention work

  • Helix Energy Solutions

    Offshore well-intervention and decommissioning specialist

Compare

CompanyPriceChange
Expro Group$16.63+1.53%$1.84B90.517.41.2−7.0%
SLB$52.37+0.48%$77.35B25.418.52.1+5.0%
Halliburton$33.28+1.29%$27.44B17.213.11.2+3.7%
Baker Hughes$57.76+0.87%$56.84B18.421.52.1−2.4%
Weatherford International$84.96+1.14%$6.02B16.614.01.3−8.2%
TechnipFMC$71.70+1.24%$27.77B24.620.92.7+9.0%
NOV$20.54+1.76%$7.19B77.619.30.8−2.5%
Oceaneering International$46.32+0.46%$4.59B13.321.41.6+10.0%
Helix Energy Solutions$10.60+2.91%$1.56B39.322.61.2+0.6%
Median21.520.11.4+2.1%