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completions

Wireline and Coil at $98: KLXE's Q2 Rebound Meets Devon-Coterra's Procurement Clock

Wireline and Coil at $98: KLXE's Q2 Rebound Meets Devon-Coterra's Procurement Clock

KLXE | Nasdaq | Source data: Q1 2026 earnings release (8-K, May 12, 2026), Q1 2026 segment results. FET | NYSE | Source data: Q1 2026 earnings release (8-K, April 30, 2026), 10-Q filed May 1, 2026. Two weeks into the Devon-Coterra combined entity, the first completion services data points

Saudi Exports Hit Record Low as Goldman Sounds Stockpile Alarm: Thursday's Global Supply Brief

Saudi Exports Hit Record Low as Goldman Sounds Stockpile Alarm: Thursday's Global Supply Brief

JODI data shows Saudi Arabia's crude exports at record lows as Hormuz physical constraints bite. Goldman Sachs escalates its global stockpile alarm. WTI $98.07, Brent $104.48.

Produced Water Above the Noise: What TETRA and Select Water’s Q2 Guidance Signals About H2 Frac Activity

Produced Water Above the Noise: What TETRA and Select Water’s Q2 Guidance Signals About H2 Frac Activity

TTI | NYSE | WTTR | NYSE | Source data: TETRA Technologies Q1 2026 10-Q (SEC accession 0000844965-26-000040, filed April 29, 2026); Select Water Solutions Q1 2026 earnings release 8-K (SEC accession 0001140361-26-019129, filed May 5, 2026) The most honest read on completion activity in Q1 2026 wasn&

Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet

Frac's H2 Repricing Problem: Why $102 WTI Isn't Translating Into Spread Gains Yet

WTI at $102 and frac stocks are still lagging crude. The reason: H2 contract repricing negotiations between PUMP, PTEN, and LBRT and their operator clients are contested, and the outcome over the next 60 days will close or widen the spread.

KLX, Forum, and the Devon-Coterra Effect: What Q1 Completions Data Says About the Rest of 2026

KLX, Forum, and the Devon-Coterra Effect: What Q1 Completions Data Says About the Rest of 2026

KLX Q1 at $145M revenue and a $167M Q2 midpoint. Forum backlog up 44% YoY with book-to-bill of 106%. Devon-Coterra's combined Delaware Basin entity is the wild card for H2 vendor selection. Here's what the data says.

Battalion Oil Q1 2026: West Quito Exit Clears the Path to Monument Draw Cube Development (BATL)

Battalion Oil Q1 2026: West Quito Exit Clears the Path to Monument Draw Cube Development (BATL)

BATL | NYSE American | Source data: Q1 2026 earnings press release (8-K filed May 13, 2026), 10-Q filed May 13, 2026 (period ended March 31, 2026) Battalion Oil used Q1 2026 to execute the transaction that restructures its entire strategic picture. The $60.1 million sale of its West

Hormuz Opens for Some, Closes for Others: Iran's Passage Strategy and the May 16 Wildcard

Hormuz Opens for Some, Closes for Others: Iran's Passage Strategy and the May 16 Wildcard

A Japan-bound crude tanker cleared the Strait of Hormuz this morning, Reuters reported, citing LSEG vessel-tracking data. It's only the second Japan-bound cargo to make it through since U.S. and Israeli forces launched strikes on Iran in late February. The transit doesn't