Energy services provider Expro Group Holdings N.V. XPRO has achieved success in a recent well cement placement project for a major international operator in the U.S. Gulf of Mexico. The company delivered inner-string cementing on a subsea well's 22" surface casing in the Mississippi Canyon area at a water depth of approximately 2,000 meters.
Integrated with Expro’s other well construction technologies, the innovative Cure technology range offers a comprehensive solution for optimal cement placement. In this case, the the company’s offerings played a crucial role in addressing ongoing offset well challenges. According to Expro management, the integrated cementing solution not only saves a lot of time but also solved past issues associated with cement sheath.
Investors should know that Expro's Cure technology range became part of its portfolio following the acquisition of DeltaTek in February 2023. This addition enhances Expro’s suite of cost-effective, innovative solutions within the well-construction product line, offering clients operational efficiency, rig time and cost savings, and improved cementing quality.
About Expro
Expro is a trusted name in the energy services sector, offering cost-effective and innovative solutions throughout the well’s life cycle. With a focus on safety and service quality, the company provides comprehensive capabilities in well construction, well flow management, subsea well access, and well intervention and integrity solutions.
Zacks Rank & Stock Picks
Expro carries a Zacks Rank #5 (Strong Sell) at present. Meanwhile, investors interested in the energy sector might consider the operators mentioned below. These companies currently carry a Zacks Rank #2 (Buy).
You can see the complete list of today’s Zacks #1 Rank stocks here.
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5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2023. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
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Today, See These 5 Potential Home Runs >>TechnipFMC plc (FTI) : Free Stock Analysis Report
EOG Resources, Inc. (EOG) : Free Stock Analysis Report
Delek US Holdings, Inc. (DK) : Free Stock Analysis Report
Expro Group Holdings N.V. (XPRO) : Free Stock Analysis Report
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