ExproXPRO
Market Cap: $2.08B
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 Q2 SEC filings by fund managers ($100M+ AUM)
1,247% more call options, than puts
Call options by funds: $862K | Put options by funds: $64K
138% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 16
41% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 44
18% more capital invested
Capital invested by funds: $2.11B [Q1] → $2.5B (+$389M) [Q2]
16% more funds holding
Funds holding: 136 [Q1] → 158 (+22) [Q2]
2.2% more ownership
Funds ownership: 95.61% [Q1] → 97.81% (+2.2%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Barclays David Anderson 38% 1-year accuracy 14 / 37 met price target | 58%upside $28 | Overweight Maintained | 31 Jul 2024 |