View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsU.S. Well Services 将来の成長Future 基準チェック /06主要情報n/a収益成長率116.21%EPS成長率Energy Services 収益成長19.6%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Breakeven Date Change • Jul 18No longer forecast to breakevenThe analyst covering U.S. Well Services no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$18.6m in 2023. New forecast suggests the company will make a loss of US$4.30m in 2023.Price Target Changed • Apr 27Price target decreased to US$3.07Down from US$3.43, the current price target is provided by 1 analyst. New target price is 256% above last closing price of US$0.86. Stock is down 74% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.Price Target Changed • Apr 14Price target increased to US$3.90Up from US$3.43, the current price target is provided by 1 analyst. New target price is 268% above last closing price of US$1.06. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$333.0m to US$232.3m. EPS estimate unchanged from -US$0.61 per share at last update. Energy Services industry in the US expected to see average net income growth of 44% next year. Consensus price target up from US$3.43 to US$3.90. Share price rose 9.3% to US$1.06 over the past week.Price Target Changed • Nov 17Price target decreased to US$3.73Down from US$4.67, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$1.88. Stock is up 58% over the past year. The company is forecast to post a net loss per share of US$1.40 next year compared to a net loss per share of US$13.32 last year.Major Estimate Revision • Aug 19Consensus revenue estimates fall to US$255.1mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$344.7m to US$255.1m. Forecast losses increased from -US$0.30 to -US$0.40 per share. Energy Services industry in the US expected to see average net income growth of 21% next year. Consensus price target of US$1.33 unchanged from last update. Share price fell 21% to US$0.74 over the past week.すべての更新を表示Recent updatesReported Earnings • Aug 12Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: US$0.82 loss per share (up from US$3.10 loss in 2Q 2021). Revenue: US$68.8m (down 13% from 2Q 2021). Net loss: US$10.5m (loss narrowed 20% from 2Q 2021). Revenue exceeded analyst estimates by 39%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Over the next year, revenue is forecast to grow 45%, compared to a 24% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.お知らせ • Aug 06U.S. Well Services, Inc. to Report Q2, 2022 Results on Aug 10, 2022U.S. Well Services, Inc. announced that they will report Q2, 2022 results After-Market on Aug 10, 2022Seeking Alpha • Aug 04U.S. Well Services announces 1-for-6 reverse stock splitU.S. Well Services (NASDAQ:USWS) trades 7.8% down premarket after it said it is executing a reverse stock split, effective Aug.4, 2022; holders will receive 1 post-split share for every 6 pre-split shares of Class A common stock. The split is mainly for bringing the company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq. Stock will start trading on split-adjusted basis from Aug.5, after market opens. In June last week, the company announced it would be acquired by ProFrac in a stock-for-stock transaction with an exchange ratio of 0.0561 shares of ProFrac Class A Common Stock for each share of USWS Class A common stock. Now with stock split effect, holders of USWS Class A common stock will be entitled to receive 0.3366 shares of ProFrac Class A Common Stock for each share of USWS Class A common stock. Transaction is expected to close in Q4 of 2022.Breakeven Date Change • Jul 18No longer forecast to breakevenThe analyst covering U.S. Well Services no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$18.6m in 2023. New forecast suggests the company will make a loss of US$4.30m in 2023.お知らせ • Jun 23ProFrac Holding Corp. (NasdaqGS:PFHC) entered into an agreement and plan of merger to acquire U.S. Well Services, Inc. (NasdaqCM:USWS) for $97.6 million.ProFrac Holding Corp. (NasdaqGS:PFHC) entered into an agreement and plan of merger to acquire U.S. Well Services, Inc. (NasdaqCM:USWS) for $97.6 million on June 21, 2022. Under the terms of the merger agreement, USWS stockholders will receive 0.0561 shares of ProFrac Class A common stock for each share of USWS Class A common stock they own, represents aggregate stock consideration of approximately $93 million and a consideration per share of USWS Class A common stock of $1.21. Any shares of Series A Preferred Stock not converted and each Convertible Senior Secured (Third Lien) PIK Note will automatically convert into a number of shares of USWS Class A common stock at a conversion price of $1.22 and such shares will be converted into the merger consideration. After giving effect to these conversions, the total stock consideration payable to USWS stockholders and holders of USWS equity awards, based on the June 21, 2022, closing price, would be approximately $270 million. USWS Convertible Senior Notes and Series A Redeemable Preferred Shares to be converted into shares of ProFrac Class A common stock at closing. The transaction is subject to approval of USWS stockholders as well as customary closing conditions and anti-trust approvals, including expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction does not include a financing condition. The transaction has been unanimously approved by the boards of directors of both ProFrac and USWS. The acquisition is expected to be completed in the fourth quarter of 2022. The transaction is expected to be accretive to 2023 Adjusted EBITDA. Piper Sandler & Co. acted as financial advisor and Paul Hastings LLP acted as legal advisor to the Special Committee of U.S. Well Services’ Board of Directors. Porter Hedges LLP acted as legal advisor to U.S. Well Services. Jefferies LLC acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to the Special Committee of ProFrac’s Board of Directors. Brown Rudnick LLP and Lowenstein Sandler LLP are serving as legal advisor and merger clearance counsel, respectively, to ProFrac. Crosby Scofield, Steve Gill, Lina Dimachkieh, Wendy Salinas and Guy Gribov of Vinson & Elkins LLP acted as legal advisor to Crestview Partners, L.P.お知らせ • Jun 10Nasdaq Provides Non-Compliance Update for U.S. Well ServicesAs previously disclosed, on September 7, 2021 U.S. Well Services, Inc. (the Company) received written notice from the Nasdaq Stock Market LLC (Nasdaq) indicating that the Company had failed to maintain compliance with the minimum bid requirement under Nasdaq Listing Rule 5550(a)(2) (the Bid Price Rule). The Company appealed that determination pursuant to procedures set forth in the Nasdaq rules. The Company’s appeal was heard by a Nasdaq Hearings Panel (the Panel) on October 14, 2021. On October 22, 2021, the Company received a letter from the Nasdaq notifying the Company that it had regained compliance with the Bid Price Rule. Accordingly, the Panel determined to continue the listing of the Company’s shares of Class A common stock on the Nasdaq. The Panel determined to impose a monitoring period (the Panel Monitor), pursuant to Listing Rule 5815(d)(4)(A). According to the relevant terms of the Panel Monitor, in the event that the Company's common stock demonstrates a closing bid price of less than $1.00 per share for thirty (30) consecutive days during the monitoring period, the Company will receive written notice from Nasdaq absent a 180-day grace period typically afforded by Nasdaq rules, and be subject to delisting at that time. On June 3, 2022, U.S. Well Services, Inc. received written notice from Nasdaq that the Company had failed to maintain compliance with the Bid Price Rule for thirty (30) consecutive trading days and would therefore be subject to delisting at the opening of business on June 14, 2022 unless it requests a hearing to appeal that determination. The Company intends to appeal this determination pursuant to procedures set forth in the Nasdaq rules. In order to regain compliance with the Bid Price Rule, the Company expects to implement a reverse stock split in the coming weeks. At the Annual Meeting of Stockholders held on May 20, 2022 (the Annual Meeting), the stockholders of the Company approved a proposal to authorize the Board of Directors of the Company, in its discretion, to implement a reverse stock split of the Company's common stock, par value $0.0001 per share, at a range of ratios set forth in the Proxy Statement for the Annual Meeting. The Company will announce the ratio, as determined by the Board, at a later date.Seeking Alpha • May 31U.S. Well Services: Little Clean Frac Player That Can Go BigUSWS has embarked on a plan to rapidly grow their active clean fleet count - 1Q22 is the near term nadir with plans to double by year end. Longer term contracts have been signed at increasingly attractive rates. The balance sheet is overlevered but it is manageable and should look far less stretched next year. The company is garnering less sellside attention than it should just as it achieves waypoint after waypoint with a strong macro tailwind.お知らせ • May 24U.S. Well Services, Inc. Appoints Kyle O’Neill, as Class II DirectorOn May 20, 2022, U.S. Well Services, Inc. increased the size of the board of directors of the Company (the “ Board ”) from eight to nine directors and, in order to fill the newly created vacancy, appointed Kyle O’Neill, the Company’s President and Chief Executive Officer, to serve as a Class II director with a term expiring in 2023.お知らせ • May 19U.S. Well Services, Inc. and Kcf Technologies Co.,Ltd. Announce Integration for Electric Frac with Fully Automated Pump Control.S. Well Services, Inc. announced an industry first integration between electric frac pump control systems for fully automated pump controls. KCF's fault detection automation engine, MachineIQ, allows U.S. Well Services to run their fleets intelligently and safely. With KCF vibration sensors, MachineIQ provides actionable suggestions to operators based on live health data locally at the job site. Thus, operators are constantly aware of the health of every individual pump without entering the redzone. Integration Benefits of Automated Pump Controls: Avoiding catastrophic failures, excessive maintenance, and lost production time, U.S. Well Services has realized significant savings since starting their partnership with KCF Technologies in 2014, achieving best-in-class results driven by crew engagement and execution. Continuous monitoring of equipment eliminates the safety threat encountered when entering the red zone. Efficiencies are gained by increasing pumping hours per day through reduction in equipment failure, iron failure, and downtime.Reported Earnings • May 16First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: US$0.45 loss per share (up from US$1.21 loss in 1Q 2021). Revenue: US$41.2m (down 46% from 1Q 2021). Net loss: US$26.8m (loss narrowed 1.7% from 1Q 2021). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 80%. Over the next year, revenue is forecast to grow 23%, compared to a 20% growth forecast for the industry in the US.お知らせ • May 05U.S. Well Services, Inc. to Report Q1, 2022 Results on May 16, 2022U.S. Well Services, Inc. announced that they will report Q1, 2022 results Pre-Market on May 16, 2022お知らせ • May 02+ 1 more updateU.S. Well Services Promotes Josh Shapiro to the Role of Chief Financial OfficerU.S. Well Services announced plans for the transition of its leadership team. Concurrent with the leadership transition, Josh Shapiro has been promoted to the role of Chief Financial Officer. Josh Shapiro will assume the role of Senior Vice President and Chief Financial Officer concurrent with Mr. O'Neill's promotion to President and CEO.Price Target Changed • Apr 27Price target decreased to US$3.07Down from US$3.43, the current price target is provided by 1 analyst. New target price is 256% above last closing price of US$0.86. Stock is down 74% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Steve Habachy was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 21U.S. Well Services, Inc., Annual General Meeting, May 20, 2022U.S. Well Services, Inc., Annual General Meeting, May 20, 2022, at 10:00 Central Daylight. Agenda: To elect the two nominees named in the Company’s Proxy Statement as Class I directors, each for a term of three years; to approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect, at the discretion of our board of directors, at a ratio of not less than one-for-two (1:2) and not greater than one-for-ten (1:10), a reverse split of our common stock; to ratify the appointment of KPMG LLP, an independent registered public accounting firm, as our independent registered public accountant for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.Price Target Changed • Apr 14Price target increased to US$3.90Up from US$3.43, the current price target is provided by 1 analyst. New target price is 268% above last closing price of US$1.06. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$333.0m to US$232.3m. EPS estimate unchanged from -US$0.61 per share at last update. Energy Services industry in the US expected to see average net income growth of 44% next year. Consensus price target up from US$3.43 to US$3.90. Share price rose 9.3% to US$1.06 over the past week.Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$2.47 loss per share (up from US$13.32 loss in FY 2020). Revenue: US$250.5m (up 2.6% from FY 2020). Net loss: US$80.0m (loss narrowed 68% from FY 2020). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 33%. Over the next year, revenue is forecast to grow 33%, compared to a 19% growth forecast for the industry in the US.Seeking Alpha • Feb 14U.S. Well Services: Risk Factors Can Trump The OptimismUSWS has retired all its conventional pressure pumping fleets and now operates with electric fleets only. Although the fleet count has reduced significantly since 2021, it plans to add four more by Q3 2022. However, the company faces many obstacles, including low fleet count, low fixed cost absorption, and cost inflation. Despite the deleveraging initiatives, the financial risks remain high due to negative shareholders' equity and negative cash flows.Board Change • Jan 03Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Steve Habachy was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Dec 31Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Steve Habachy was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Seeking Alpha • Dec 01U.S. Well Services Closes Another Weak Quarter And I'm Still BearishThe company booked a loss of $15.2 million in Q3 2021 as interest expenses topped $10 million. Net debt is over $300 million and the shareholders’ equity is deep in the red. The fracking fleet sector has significant capital requirements and many companies, including U.S. Well Services, have struggled to generate profits even during good years. I continue to be bearish, and the short borrow fee rate stands at 14.4% as of the time of writing.Price Target Changed • Nov 17Price target decreased to US$3.73Down from US$4.67, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$1.88. Stock is up 58% over the past year. The company is forecast to post a net loss per share of US$1.40 next year compared to a net loss per share of US$13.32 last year.Reported Earnings • Nov 14Third quarter 2021 earnings released: US$0.36 loss per share (vs US$0.97 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$56.5m (up 28% from 3Q 2020). Net loss: US$9.58m (loss narrowed 48% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.Recent Insider Transactions Derivative • Sep 23Key Executive exercised options to buy US$657k worth of stock.On the 17th of September, David Treadwell exercised options to buy 851k shares at a strike price of around US$0.31, costing a total of US$262k. This transaction amounted to 167% of their direct individual holding at the time of the trade. Since March 2021, David's direct individual holding has increased from 429.89k shares to 509.10k. This was the only transaction from an insider over the last 12 months.Seeking Alpha • Aug 24Revisiting U.S. Well Services: The Situation Looks Dire And I'm Still BearishThe company has debts of close to $400 million and its shareholders’ equity is deeply in the red. In Q2 2021, the adjusted operating profit of U.S. Well Services was much lower than its interest expenses. The company recently closed a deal for $125.5 million of 16% convertible senior secured (Third Lien) PIK notes and I think its future is bleak. I continue to be bearish and the short borrow fee rate stands at 2.88% as of the time of writing.Major Estimate Revision • Aug 19Consensus revenue estimates fall to US$255.1mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$344.7m to US$255.1m. Forecast losses increased from -US$0.30 to -US$0.40 per share. Energy Services industry in the US expected to see average net income growth of 21% next year. Consensus price target of US$1.33 unchanged from last update. Share price fell 21% to US$0.74 over the past week.Breakeven Date Change • Aug 14Forecast to breakeven in 2023The 2 analysts covering U.S. Well Services expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 64% per year to 2022. The company is expected to make a profit of US$27.7m in 2023. Average annual earnings growth of 83% is required to achieve expected profit on schedule.Reported Earnings • Aug 13Second quarter 2021 earnings released: US$0.15 loss per share (vs US$0.38 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$78.8m (up 98% from 2Q 2020). Net loss: US$13.4m (loss narrowed 46% from 2Q 2020).お知らせ • Jun 30Crestview Partners Intends to Communicate with U.S. WellOn June 29, 2021, Crestview Partners III GP, L.P. intend to communicate with U.S. Well Services, Inc.’s management and board of directors about a broad range of operational and strategic matters and may communicate with other stockholders or third parties regarding the foregoing. Further, Crestview Partners added that it may formulate, consider, explore, develop or make plans or proposals regarding the Issuer or its securities, including related to operational or financial matters or any other potential strategic alternative intended to maximize shareholder value, including but not limited to a business combination, acquisition, sale of the Company or a take private transaction.Price Target Changed • May 26Price target decreased to US$1.33Down from US$1.57, the current price target is an average from 2 analysts. New target price is 21% above last closing price of US$1.10. Stock is up 163% over the past year.Major Estimate Revision • May 25Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$328.4m to US$344.7m. Forecast EPS reduced from -US$0.19 to -US$0.30 per share. Energy Services industry in the US expected to see average net income growth of 17% next year. Consensus price target down from US$1.47 to US$1.40. Share price fell 5.2% to US$0.96 over the past week.お知らせ • May 21U.S. Well Services, Inc. Announces Next-Generation Nyx Clean Fleet® PumpU.S. Well Services, Inc. announced the next generation of its proprietary Clean Fleet® technology with the unveiling of its newly designed Nyx Clean Fleet® frac pump. Nyx will use patented PowerCube, driving two independently controlled electric motors and frac pumps to provide 6,000 hydraulic horsepower ("HHP") on a single trailer. Based on current pricing from vendors, U.S. Well Services expects that it can deliver a Nyx Clean Fleet®, consisting of ten pump trailers totaling 60,000 HHP, two blenders and a combination switchgear for a capital cost of approximately $23 million.Reported Earnings • May 19First quarter 2021 earnings released: US$0.31 loss per share (vs US$3.00 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$76.3m (down 32% from 1Q 2020). Net loss: US$27.7m (loss narrowed 84% from 1Q 2020).Major Estimate Revision • Mar 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$250.1m to US$328.4m. EPS estimate unchanged from -US$0.19 at last update. Energy Services industry in the US expected to see average net income decline 57% next year. Consensus price target up from US$0.48 to US$0.93. Share price fell 19% to US$1.26 over the past week.Major Estimate Revision • Mar 18Consensus revenue estimates increase to US$338.8mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from US$250.1m to US$338.8m. Forecast losses expected to reduce from -US$0.49 to -US$0.19 per share. Energy Services industry in the US expected to see average net income decline 57% next year. Consensus price target up from US$0.60 to US$0.93. Share price fell 13% to US$1.35 over the past week.Reported Earnings • Mar 12Full year 2020 earnings released: US$3.60 loss per share (vs US$2.12 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$244.0m (down 53% from FY 2019). Net loss: US$257.2m (loss widened 142% from FY 2019).Analyst Estimate Surprise Post Earnings • Mar 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 2.5% while theEnergy Services industry in the US is not expected to grow.お知らせ • Mar 06U.S. Well Services, Inc. to Report Q4, 2020 Results on Mar 10, 2021U.S. Well Services, Inc. announced that they will report Q4, 2020 results After-Market on Mar 10, 2021お知らせ • Feb 24U.S. Well Services Regains Compliance with Nasdaq Minimum Bid Price RequirementOn February 23, 2021, U.S. Well Services, Inc. announced that it received written notice from the Nasdaq Stock Market LLC ("Nasdaq") on February 22, 2021 confirming that the Company has regained compliance with Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") and that it is in compliance with other applicable requirements as required for listing on the Nasdaq. Accordingly, the Panel has determined to continue the listing of the Company's securities on Nasdaq. The Nasdaq Hearings Panel has determined to impose a monitoring period, pursuant to Listing Rule 5815(d)(4)(A), until August 23, 2021 (the "Panel Monitor"). During the Panel Monitor, the Company shall be under an obligation to notify the Panel in writing, in the event of a closing bid price below $1.00 on any trading day, and in the event the Company falls out of compliance with any other applicable listing requirement. Should the Company evidence a closing bid price of less than $1.00 per share for 30 consecutive trading days at any point during the Panel Monitor, the Panel (or a newly convened panel if the initial panel is unavailable) will provide written notice to the Company that it will promptly conduct a hearing with regards to this deficiency. The Company would then have the opportunity to respond/present to the Panel as provided by Listing Rule 5815(d)(4)(A).お知らせ • Feb 18U.S. Well Services Receives Nasdaq Listing ExtensionU.S. Well Services, Inc. announced that a Nasdaq Hearings Panel (the "Panel") has granted its request for an extension of time to demonstrate compliance with Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule"). As a condition of the Panel's decision, the Company is required to demonstrate compliance with the Minimum Bid Price Rule by evidencing a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days by June 7, 2021. As of the close of business on February 16, 2021, the Company has demonstrated a closing bid price of at least $1.00 per share for seven consecutive trading days.Is New 90 Day High Low • Feb 09New 90-day high: US$1.13The company is up 234% from its price of US$0.34 on 10 November 2020. The American market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.51 per share.分析記事 • Jan 27How Much Did U.S. Well Services'(NASDAQ:USWS) Shareholders Earn From Share Price Movements Over The Last Year?U.S. Well Services, Inc. ( NASDAQ:USWS ) shareholders will doubtless be very grateful to see the share price up 209% in...お知らせ • Jan 26U.S. Well Services Regains Compliance with Nasdaq Market Value of Listed Securities RuleU.S. Well Services, Inc. announced it has received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with Nasdaq Listing Rule 5550(b)(2) (the "MVLS Requirement"). The Company was previously notified by Nasdaq on August 14, 2020 that it was not in compliance with the MVLS Requirement, and that it had until February 10, 2021 to regain compliance. As previously disclosed, the Company was also notified by Nasdaq on December 29, 2020 that it had not regained compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement") by its December 28, 2020 deadline. The Company plans to present its plan to regain compliance with the Minimum Bid Price Requirement at its upcoming hearing before a Nasdaq Hearings Panel.お知らせ • Jan 14U.S. Well Services and EQT Corporation Finalize Long-Term Electric Fracturing ContractsU.S. Well Services, Inc. announced it has executed two contracts to expand its electric fracturing services for EQT Corporation. Under the terms of the agreements, U.S. Well Services extended its existing contract for one electric frac fleet and will also deploy a second electric frac fleet on a contracted basis. Both contracts represent multi-year fleet dedications if all optional extensions are exercised.お知らせ • Jan 12U.S. Well Services, Inc. and Range Resources Corp. Finalize Extension of Electric Frac ContractU.S. Well Services, Inc. announced it has finalized an extension of its contract to provide electric hydraulic fracturing services for Range Resources Corp. in the Appalachian Basin.Is New 90 Day High Low • Jan 12New 90-day high: US$0.52The company is up 46% from its price of US$0.36 on 13 October 2020. The American market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 63% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.51 per share.お知らせ • Jan 03U.S. Well Services Receives Another Written Notice from NasdaqAs previously disclosed, on April 21, 2020, U.S. Well Services, Inc. (the “ Company”) received written notice (the “ Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (the “ Nasdaq”) notifying the Company that it was not in compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “ Minimum Bid Price Rule”), because the bid price for the Company’s Class A common stock (the “ Common Stock”) had closed below the minimum $1.00 price per share requirement for the last thirty (30) consecutive business days. On August 14, 2020, the Company received another written notice (the “ Second Notice”) from Nasdaq stating that, based upon its review of the Company’s market value for listed securities for the last thirty (30) consecutive business days, the Company did not meet the market value of listed securities requirement set forth under Nasdaq Listing Rule 5550(b)(2) (the “ MVLS Requirement”). In addition, the Second Notice informed the Company that as of August 14, 2020, the Company did not meet the alternative compliance standards relating to stockholders’ equity or net income from continuing operations (the “ Alternative Compliance Standards ”). The Company has a period of 180 calendar days from the date of the Second Notice, or until February 10, 2021, to regain compliance with the MVLS Requirement. Compliance can be achieved by meeting the MVLS Requirement for a minimum of ten (10) consecutive business days during the 180 day compliance period, unless Nasdaq exercises its discretion to extend this ten (10) business day period. On December 29, 2020, the Company received another written notice from Nasdaq (the “ Third Notice”) notifying the Company that it had not regained compliance with the Minimum Bid Price Rule by the December 28, 2020 deadline, and that the Company is not eligible for an additional 180 calendar day extension period for compliance as the Company’s stockholders’ equity as reported in the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2020 does not comply with the minimum stockholders’ equity requirement for initial listing on The Nasdaq Capital Market, and the Company does not meet any of the alternatives under Listing Rule 5505(b). As a result, the Nasdaq staff (the “ Staff”) has determined to delist the Common Stock from Nasdaq. The Third Notice also notified the Company that its public warrants no longer qualify for continued listing under Nasdaq Listing Rule 5560(a), which requires the security underlying the warrants (i.e., the Common Stock) to remain listed. As a result of the Staff’s determination to delist the Common Stock, the Staff has also determined to delist the public warrants from Nasdaq.Is New 90 Day High Low • Dec 16New 90-day high: US$0.51The company is up 91% from its price of US$0.27 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.51 per share.お知らせ • Nov 26U.S. Well Services, Inc. Announces Executive ChangesU.S. Well Services, Inc. announced that on November 20, 2020, Christopher P. Wirtz resigned from his position as Controller and principal accounting officer of U.S. Well Services, Inc. in order to assume a senior financial position with another company. Mr. Wirtz's decision to resign is solely due to personal reasons and not the result of a disagreement with the company or any of its subsidiaries relating to the Company's operations, policies or practices. On November 20, 2020, Jasper Antolin was appointed to serve as the Controller and principal accounting officer of the Company, effective as of December 1, 2020. Mr. Antolin, 38, currently serves as the company's Director of SEC Reporting, a position he has held since July 2019.Is New 90 Day High Low • Nov 25New 90-day high: US$0.49The company is up 67% from its price of US$0.29 on 26 August 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.90 per share.Analyst Estimate Surprise Post Earnings • Nov 08Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 250%. Over the next year, revenue is expected to shrink by 7.3% compared to a 11% decline forecast for the Energy Services industry in the US.Reported Earnings • Nov 08Third quarter 2020 earnings released: US$0.28 loss per shareThe company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$44.0m (down 66% from 3Q 2019). Net loss: US$18.9m (loss narrowed 16% from 3Q 2019).お知らせ • Jul 24U.S. Well Services, Inc. to Report Q2, 2020 Results on Aug 05, 2020U.S. Well Services, Inc. announced that they will report Q2, 2020 results on Aug 05, 2020お知らせ • Jul 04U.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell 2000 Dynamic IndexU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell 2000 Dynamic Indexお知らせ • Jul 03+ 2 more updatesU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Small Cap Completeness IndexU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Small Cap Completeness Indexお知らせ • Jul 02+ 1 more updateU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Microcap IndexU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Microcap Index業績と収益の成長予測NasdaqCM:USWS - アナリストの将来予測と過去の財務データ ( )USD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数6/30/2022205-76-6913N/A3/31/2022215-78-70-16N/A12/31/2021250-79-77-19N/A9/30/2021260-88-90-31N/A6/30/2021247-90-81-41N/A3/31/2021208-104-269N/A12/31/2020244-247-479N/A9/30/2020289-242-752N/A6/30/2020375-248-2382N/A3/31/2020487-244-14150N/A12/31/2019515-95-13475N/A9/30/2019541-113-24142N/A6/30/2019576-101-21356N/A3/31/2019617-78-12369N/A12/31/2018649-64-6483N/A9/30/2018679-4424111N/A6/30/2018636-49367N/A3/31/2018566-86-174N/A12/31/2017499-99-2745N/A12/31/2016295-92423N/A12/31/2015415-33N/A58N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: USWSの予測収益成長が 貯蓄率 ( 2% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: USWSの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: USWSの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: USWSの収益がUS市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: USWSの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: USWSの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YEnergy 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2022/11/02 20:54終値2022/10/31 00:00収益2022/06/30年間収益2021/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋U.S. Well Services, Inc. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関null nullJohnson Rice & Company, L.L.C.Donald CristJohnson Rice & Company, L.L.C.Ian MacPhersonPiper Sandler Companies2 その他のアナリストを表示
Breakeven Date Change • Jul 18No longer forecast to breakevenThe analyst covering U.S. Well Services no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$18.6m in 2023. New forecast suggests the company will make a loss of US$4.30m in 2023.
Price Target Changed • Apr 27Price target decreased to US$3.07Down from US$3.43, the current price target is provided by 1 analyst. New target price is 256% above last closing price of US$0.86. Stock is down 74% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.
Price Target Changed • Apr 14Price target increased to US$3.90Up from US$3.43, the current price target is provided by 1 analyst. New target price is 268% above last closing price of US$1.06. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.
Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$333.0m to US$232.3m. EPS estimate unchanged from -US$0.61 per share at last update. Energy Services industry in the US expected to see average net income growth of 44% next year. Consensus price target up from US$3.43 to US$3.90. Share price rose 9.3% to US$1.06 over the past week.
Price Target Changed • Nov 17Price target decreased to US$3.73Down from US$4.67, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$1.88. Stock is up 58% over the past year. The company is forecast to post a net loss per share of US$1.40 next year compared to a net loss per share of US$13.32 last year.
Major Estimate Revision • Aug 19Consensus revenue estimates fall to US$255.1mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$344.7m to US$255.1m. Forecast losses increased from -US$0.30 to -US$0.40 per share. Energy Services industry in the US expected to see average net income growth of 21% next year. Consensus price target of US$1.33 unchanged from last update. Share price fell 21% to US$0.74 over the past week.
Reported Earnings • Aug 12Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: US$0.82 loss per share (up from US$3.10 loss in 2Q 2021). Revenue: US$68.8m (down 13% from 2Q 2021). Net loss: US$10.5m (loss narrowed 20% from 2Q 2021). Revenue exceeded analyst estimates by 39%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Over the next year, revenue is forecast to grow 45%, compared to a 24% growth forecast for the industry in the US. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings.
お知らせ • Aug 06U.S. Well Services, Inc. to Report Q2, 2022 Results on Aug 10, 2022U.S. Well Services, Inc. announced that they will report Q2, 2022 results After-Market on Aug 10, 2022
Seeking Alpha • Aug 04U.S. Well Services announces 1-for-6 reverse stock splitU.S. Well Services (NASDAQ:USWS) trades 7.8% down premarket after it said it is executing a reverse stock split, effective Aug.4, 2022; holders will receive 1 post-split share for every 6 pre-split shares of Class A common stock. The split is mainly for bringing the company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq. Stock will start trading on split-adjusted basis from Aug.5, after market opens. In June last week, the company announced it would be acquired by ProFrac in a stock-for-stock transaction with an exchange ratio of 0.0561 shares of ProFrac Class A Common Stock for each share of USWS Class A common stock. Now with stock split effect, holders of USWS Class A common stock will be entitled to receive 0.3366 shares of ProFrac Class A Common Stock for each share of USWS Class A common stock. Transaction is expected to close in Q4 of 2022.
Breakeven Date Change • Jul 18No longer forecast to breakevenThe analyst covering U.S. Well Services no longer expects the company to break even during the foreseeable future. The company was expected to make a profit of US$18.6m in 2023. New forecast suggests the company will make a loss of US$4.30m in 2023.
お知らせ • Jun 23ProFrac Holding Corp. (NasdaqGS:PFHC) entered into an agreement and plan of merger to acquire U.S. Well Services, Inc. (NasdaqCM:USWS) for $97.6 million.ProFrac Holding Corp. (NasdaqGS:PFHC) entered into an agreement and plan of merger to acquire U.S. Well Services, Inc. (NasdaqCM:USWS) for $97.6 million on June 21, 2022. Under the terms of the merger agreement, USWS stockholders will receive 0.0561 shares of ProFrac Class A common stock for each share of USWS Class A common stock they own, represents aggregate stock consideration of approximately $93 million and a consideration per share of USWS Class A common stock of $1.21. Any shares of Series A Preferred Stock not converted and each Convertible Senior Secured (Third Lien) PIK Note will automatically convert into a number of shares of USWS Class A common stock at a conversion price of $1.22 and such shares will be converted into the merger consideration. After giving effect to these conversions, the total stock consideration payable to USWS stockholders and holders of USWS equity awards, based on the June 21, 2022, closing price, would be approximately $270 million. USWS Convertible Senior Notes and Series A Redeemable Preferred Shares to be converted into shares of ProFrac Class A common stock at closing. The transaction is subject to approval of USWS stockholders as well as customary closing conditions and anti-trust approvals, including expiration of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The transaction does not include a financing condition. The transaction has been unanimously approved by the boards of directors of both ProFrac and USWS. The acquisition is expected to be completed in the fourth quarter of 2022. The transaction is expected to be accretive to 2023 Adjusted EBITDA. Piper Sandler & Co. acted as financial advisor and Paul Hastings LLP acted as legal advisor to the Special Committee of U.S. Well Services’ Board of Directors. Porter Hedges LLP acted as legal advisor to U.S. Well Services. Jefferies LLC acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to the Special Committee of ProFrac’s Board of Directors. Brown Rudnick LLP and Lowenstein Sandler LLP are serving as legal advisor and merger clearance counsel, respectively, to ProFrac. Crosby Scofield, Steve Gill, Lina Dimachkieh, Wendy Salinas and Guy Gribov of Vinson & Elkins LLP acted as legal advisor to Crestview Partners, L.P.
お知らせ • Jun 10Nasdaq Provides Non-Compliance Update for U.S. Well ServicesAs previously disclosed, on September 7, 2021 U.S. Well Services, Inc. (the Company) received written notice from the Nasdaq Stock Market LLC (Nasdaq) indicating that the Company had failed to maintain compliance with the minimum bid requirement under Nasdaq Listing Rule 5550(a)(2) (the Bid Price Rule). The Company appealed that determination pursuant to procedures set forth in the Nasdaq rules. The Company’s appeal was heard by a Nasdaq Hearings Panel (the Panel) on October 14, 2021. On October 22, 2021, the Company received a letter from the Nasdaq notifying the Company that it had regained compliance with the Bid Price Rule. Accordingly, the Panel determined to continue the listing of the Company’s shares of Class A common stock on the Nasdaq. The Panel determined to impose a monitoring period (the Panel Monitor), pursuant to Listing Rule 5815(d)(4)(A). According to the relevant terms of the Panel Monitor, in the event that the Company's common stock demonstrates a closing bid price of less than $1.00 per share for thirty (30) consecutive days during the monitoring period, the Company will receive written notice from Nasdaq absent a 180-day grace period typically afforded by Nasdaq rules, and be subject to delisting at that time. On June 3, 2022, U.S. Well Services, Inc. received written notice from Nasdaq that the Company had failed to maintain compliance with the Bid Price Rule for thirty (30) consecutive trading days and would therefore be subject to delisting at the opening of business on June 14, 2022 unless it requests a hearing to appeal that determination. The Company intends to appeal this determination pursuant to procedures set forth in the Nasdaq rules. In order to regain compliance with the Bid Price Rule, the Company expects to implement a reverse stock split in the coming weeks. At the Annual Meeting of Stockholders held on May 20, 2022 (the Annual Meeting), the stockholders of the Company approved a proposal to authorize the Board of Directors of the Company, in its discretion, to implement a reverse stock split of the Company's common stock, par value $0.0001 per share, at a range of ratios set forth in the Proxy Statement for the Annual Meeting. The Company will announce the ratio, as determined by the Board, at a later date.
Seeking Alpha • May 31U.S. Well Services: Little Clean Frac Player That Can Go BigUSWS has embarked on a plan to rapidly grow their active clean fleet count - 1Q22 is the near term nadir with plans to double by year end. Longer term contracts have been signed at increasingly attractive rates. The balance sheet is overlevered but it is manageable and should look far less stretched next year. The company is garnering less sellside attention than it should just as it achieves waypoint after waypoint with a strong macro tailwind.
お知らせ • May 24U.S. Well Services, Inc. Appoints Kyle O’Neill, as Class II DirectorOn May 20, 2022, U.S. Well Services, Inc. increased the size of the board of directors of the Company (the “ Board ”) from eight to nine directors and, in order to fill the newly created vacancy, appointed Kyle O’Neill, the Company’s President and Chief Executive Officer, to serve as a Class II director with a term expiring in 2023.
お知らせ • May 19U.S. Well Services, Inc. and Kcf Technologies Co.,Ltd. Announce Integration for Electric Frac with Fully Automated Pump Control.S. Well Services, Inc. announced an industry first integration between electric frac pump control systems for fully automated pump controls. KCF's fault detection automation engine, MachineIQ, allows U.S. Well Services to run their fleets intelligently and safely. With KCF vibration sensors, MachineIQ provides actionable suggestions to operators based on live health data locally at the job site. Thus, operators are constantly aware of the health of every individual pump without entering the redzone. Integration Benefits of Automated Pump Controls: Avoiding catastrophic failures, excessive maintenance, and lost production time, U.S. Well Services has realized significant savings since starting their partnership with KCF Technologies in 2014, achieving best-in-class results driven by crew engagement and execution. Continuous monitoring of equipment eliminates the safety threat encountered when entering the red zone. Efficiencies are gained by increasing pumping hours per day through reduction in equipment failure, iron failure, and downtime.
Reported Earnings • May 16First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: US$0.45 loss per share (up from US$1.21 loss in 1Q 2021). Revenue: US$41.2m (down 46% from 1Q 2021). Net loss: US$26.8m (loss narrowed 1.7% from 1Q 2021). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 80%. Over the next year, revenue is forecast to grow 23%, compared to a 20% growth forecast for the industry in the US.
お知らせ • May 05U.S. Well Services, Inc. to Report Q1, 2022 Results on May 16, 2022U.S. Well Services, Inc. announced that they will report Q1, 2022 results Pre-Market on May 16, 2022
お知らせ • May 02+ 1 more updateU.S. Well Services Promotes Josh Shapiro to the Role of Chief Financial OfficerU.S. Well Services announced plans for the transition of its leadership team. Concurrent with the leadership transition, Josh Shapiro has been promoted to the role of Chief Financial Officer. Josh Shapiro will assume the role of Senior Vice President and Chief Financial Officer concurrent with Mr. O'Neill's promotion to President and CEO.
Price Target Changed • Apr 27Price target decreased to US$3.07Down from US$3.43, the current price target is provided by 1 analyst. New target price is 256% above last closing price of US$0.86. Stock is down 74% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Steve Habachy was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 21U.S. Well Services, Inc., Annual General Meeting, May 20, 2022U.S. Well Services, Inc., Annual General Meeting, May 20, 2022, at 10:00 Central Daylight. Agenda: To elect the two nominees named in the Company’s Proxy Statement as Class I directors, each for a term of three years; to approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to effect, at the discretion of our board of directors, at a ratio of not less than one-for-two (1:2) and not greater than one-for-ten (1:10), a reverse split of our common stock; to ratify the appointment of KPMG LLP, an independent registered public accounting firm, as our independent registered public accountant for the fiscal year ending December 31, 2022; and to transact such other business as may properly come before the Annual Meeting or any adjournment thereof.
Price Target Changed • Apr 14Price target increased to US$3.90Up from US$3.43, the current price target is provided by 1 analyst. New target price is 268% above last closing price of US$1.06. Stock is down 66% over the past year. The company is forecast to post a net loss per share of US$0.61 next year compared to a net loss per share of US$2.44 last year.
Major Estimate Revision • Apr 14Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from US$333.0m to US$232.3m. EPS estimate unchanged from -US$0.61 per share at last update. Energy Services industry in the US expected to see average net income growth of 44% next year. Consensus price target up from US$3.43 to US$3.90. Share price rose 9.3% to US$1.06 over the past week.
Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: US$2.47 loss per share (up from US$13.32 loss in FY 2020). Revenue: US$250.5m (up 2.6% from FY 2020). Net loss: US$80.0m (loss narrowed 68% from FY 2020). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 33%. Over the next year, revenue is forecast to grow 33%, compared to a 19% growth forecast for the industry in the US.
Seeking Alpha • Feb 14U.S. Well Services: Risk Factors Can Trump The OptimismUSWS has retired all its conventional pressure pumping fleets and now operates with electric fleets only. Although the fleet count has reduced significantly since 2021, it plans to add four more by Q3 2022. However, the company faces many obstacles, including low fleet count, low fixed cost absorption, and cost inflation. Despite the deleveraging initiatives, the financial risks remain high due to negative shareholders' equity and negative cash flows.
Board Change • Jan 03Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Steve Habachy was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Dec 31Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Independent Director Steve Habachy was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Seeking Alpha • Dec 01U.S. Well Services Closes Another Weak Quarter And I'm Still BearishThe company booked a loss of $15.2 million in Q3 2021 as interest expenses topped $10 million. Net debt is over $300 million and the shareholders’ equity is deep in the red. The fracking fleet sector has significant capital requirements and many companies, including U.S. Well Services, have struggled to generate profits even during good years. I continue to be bearish, and the short borrow fee rate stands at 14.4% as of the time of writing.
Price Target Changed • Nov 17Price target decreased to US$3.73Down from US$4.67, the current price target is an average from 2 analysts. New target price is 99% above last closing price of US$1.88. Stock is up 58% over the past year. The company is forecast to post a net loss per share of US$1.40 next year compared to a net loss per share of US$13.32 last year.
Reported Earnings • Nov 14Third quarter 2021 earnings released: US$0.36 loss per share (vs US$0.97 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$56.5m (up 28% from 3Q 2020). Net loss: US$9.58m (loss narrowed 48% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 59% per year, which means it is performing significantly worse than earnings.
Recent Insider Transactions Derivative • Sep 23Key Executive exercised options to buy US$657k worth of stock.On the 17th of September, David Treadwell exercised options to buy 851k shares at a strike price of around US$0.31, costing a total of US$262k. This transaction amounted to 167% of their direct individual holding at the time of the trade. Since March 2021, David's direct individual holding has increased from 429.89k shares to 509.10k. This was the only transaction from an insider over the last 12 months.
Seeking Alpha • Aug 24Revisiting U.S. Well Services: The Situation Looks Dire And I'm Still BearishThe company has debts of close to $400 million and its shareholders’ equity is deeply in the red. In Q2 2021, the adjusted operating profit of U.S. Well Services was much lower than its interest expenses. The company recently closed a deal for $125.5 million of 16% convertible senior secured (Third Lien) PIK notes and I think its future is bleak. I continue to be bearish and the short borrow fee rate stands at 2.88% as of the time of writing.
Major Estimate Revision • Aug 19Consensus revenue estimates fall to US$255.1mThe consensus outlook for revenues in 2021 has deteriorated. 2021 revenue forecast decreased from US$344.7m to US$255.1m. Forecast losses increased from -US$0.30 to -US$0.40 per share. Energy Services industry in the US expected to see average net income growth of 21% next year. Consensus price target of US$1.33 unchanged from last update. Share price fell 21% to US$0.74 over the past week.
Breakeven Date Change • Aug 14Forecast to breakeven in 2023The 2 analysts covering U.S. Well Services expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 64% per year to 2022. The company is expected to make a profit of US$27.7m in 2023. Average annual earnings growth of 83% is required to achieve expected profit on schedule.
Reported Earnings • Aug 13Second quarter 2021 earnings released: US$0.15 loss per share (vs US$0.38 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: US$78.8m (up 98% from 2Q 2020). Net loss: US$13.4m (loss narrowed 46% from 2Q 2020).
お知らせ • Jun 30Crestview Partners Intends to Communicate with U.S. WellOn June 29, 2021, Crestview Partners III GP, L.P. intend to communicate with U.S. Well Services, Inc.’s management and board of directors about a broad range of operational and strategic matters and may communicate with other stockholders or third parties regarding the foregoing. Further, Crestview Partners added that it may formulate, consider, explore, develop or make plans or proposals regarding the Issuer or its securities, including related to operational or financial matters or any other potential strategic alternative intended to maximize shareholder value, including but not limited to a business combination, acquisition, sale of the Company or a take private transaction.
Price Target Changed • May 26Price target decreased to US$1.33Down from US$1.57, the current price target is an average from 2 analysts. New target price is 21% above last closing price of US$1.10. Stock is up 163% over the past year.
Major Estimate Revision • May 25Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$328.4m to US$344.7m. Forecast EPS reduced from -US$0.19 to -US$0.30 per share. Energy Services industry in the US expected to see average net income growth of 17% next year. Consensus price target down from US$1.47 to US$1.40. Share price fell 5.2% to US$0.96 over the past week.
お知らせ • May 21U.S. Well Services, Inc. Announces Next-Generation Nyx Clean Fleet® PumpU.S. Well Services, Inc. announced the next generation of its proprietary Clean Fleet® technology with the unveiling of its newly designed Nyx Clean Fleet® frac pump. Nyx will use patented PowerCube, driving two independently controlled electric motors and frac pumps to provide 6,000 hydraulic horsepower ("HHP") on a single trailer. Based on current pricing from vendors, U.S. Well Services expects that it can deliver a Nyx Clean Fleet®, consisting of ten pump trailers totaling 60,000 HHP, two blenders and a combination switchgear for a capital cost of approximately $23 million.
Reported Earnings • May 19First quarter 2021 earnings released: US$0.31 loss per share (vs US$3.00 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$76.3m (down 32% from 1Q 2020). Net loss: US$27.7m (loss narrowed 84% from 1Q 2020).
Major Estimate Revision • Mar 20Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from US$250.1m to US$328.4m. EPS estimate unchanged from -US$0.19 at last update. Energy Services industry in the US expected to see average net income decline 57% next year. Consensus price target up from US$0.48 to US$0.93. Share price fell 19% to US$1.26 over the past week.
Major Estimate Revision • Mar 18Consensus revenue estimates increase to US$338.8mThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from US$250.1m to US$338.8m. Forecast losses expected to reduce from -US$0.49 to -US$0.19 per share. Energy Services industry in the US expected to see average net income decline 57% next year. Consensus price target up from US$0.60 to US$0.93. Share price fell 13% to US$1.35 over the past week.
Reported Earnings • Mar 12Full year 2020 earnings released: US$3.60 loss per share (vs US$2.12 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: US$244.0m (down 53% from FY 2019). Net loss: US$257.2m (loss widened 142% from FY 2019).
Analyst Estimate Surprise Post Earnings • Mar 12Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 0.5%. Earnings per share (EPS) exceeded analyst estimates by 15%. Over the next year, revenue is forecast to grow 2.5% while theEnergy Services industry in the US is not expected to grow.
お知らせ • Mar 06U.S. Well Services, Inc. to Report Q4, 2020 Results on Mar 10, 2021U.S. Well Services, Inc. announced that they will report Q4, 2020 results After-Market on Mar 10, 2021
お知らせ • Feb 24U.S. Well Services Regains Compliance with Nasdaq Minimum Bid Price RequirementOn February 23, 2021, U.S. Well Services, Inc. announced that it received written notice from the Nasdaq Stock Market LLC ("Nasdaq") on February 22, 2021 confirming that the Company has regained compliance with Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") and that it is in compliance with other applicable requirements as required for listing on the Nasdaq. Accordingly, the Panel has determined to continue the listing of the Company's securities on Nasdaq. The Nasdaq Hearings Panel has determined to impose a monitoring period, pursuant to Listing Rule 5815(d)(4)(A), until August 23, 2021 (the "Panel Monitor"). During the Panel Monitor, the Company shall be under an obligation to notify the Panel in writing, in the event of a closing bid price below $1.00 on any trading day, and in the event the Company falls out of compliance with any other applicable listing requirement. Should the Company evidence a closing bid price of less than $1.00 per share for 30 consecutive trading days at any point during the Panel Monitor, the Panel (or a newly convened panel if the initial panel is unavailable) will provide written notice to the Company that it will promptly conduct a hearing with regards to this deficiency. The Company would then have the opportunity to respond/present to the Panel as provided by Listing Rule 5815(d)(4)(A).
お知らせ • Feb 18U.S. Well Services Receives Nasdaq Listing ExtensionU.S. Well Services, Inc. announced that a Nasdaq Hearings Panel (the "Panel") has granted its request for an extension of time to demonstrate compliance with Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule"). As a condition of the Panel's decision, the Company is required to demonstrate compliance with the Minimum Bid Price Rule by evidencing a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days by June 7, 2021. As of the close of business on February 16, 2021, the Company has demonstrated a closing bid price of at least $1.00 per share for seven consecutive trading days.
Is New 90 Day High Low • Feb 09New 90-day high: US$1.13The company is up 234% from its price of US$0.34 on 10 November 2020. The American market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 44% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.51 per share.
分析記事 • Jan 27How Much Did U.S. Well Services'(NASDAQ:USWS) Shareholders Earn From Share Price Movements Over The Last Year?U.S. Well Services, Inc. ( NASDAQ:USWS ) shareholders will doubtless be very grateful to see the share price up 209% in...
お知らせ • Jan 26U.S. Well Services Regains Compliance with Nasdaq Market Value of Listed Securities RuleU.S. Well Services, Inc. announced it has received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with Nasdaq Listing Rule 5550(b)(2) (the "MVLS Requirement"). The Company was previously notified by Nasdaq on August 14, 2020 that it was not in compliance with the MVLS Requirement, and that it had until February 10, 2021 to regain compliance. As previously disclosed, the Company was also notified by Nasdaq on December 29, 2020 that it had not regained compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement") by its December 28, 2020 deadline. The Company plans to present its plan to regain compliance with the Minimum Bid Price Requirement at its upcoming hearing before a Nasdaq Hearings Panel.
お知らせ • Jan 14U.S. Well Services and EQT Corporation Finalize Long-Term Electric Fracturing ContractsU.S. Well Services, Inc. announced it has executed two contracts to expand its electric fracturing services for EQT Corporation. Under the terms of the agreements, U.S. Well Services extended its existing contract for one electric frac fleet and will also deploy a second electric frac fleet on a contracted basis. Both contracts represent multi-year fleet dedications if all optional extensions are exercised.
お知らせ • Jan 12U.S. Well Services, Inc. and Range Resources Corp. Finalize Extension of Electric Frac ContractU.S. Well Services, Inc. announced it has finalized an extension of its contract to provide electric hydraulic fracturing services for Range Resources Corp. in the Appalachian Basin.
Is New 90 Day High Low • Jan 12New 90-day high: US$0.52The company is up 46% from its price of US$0.36 on 13 October 2020. The American market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 63% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.51 per share.
お知らせ • Jan 03U.S. Well Services Receives Another Written Notice from NasdaqAs previously disclosed, on April 21, 2020, U.S. Well Services, Inc. (the “ Company”) received written notice (the “ Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (the “ Nasdaq”) notifying the Company that it was not in compliance with the $1.00 minimum bid price requirement for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “ Minimum Bid Price Rule”), because the bid price for the Company’s Class A common stock (the “ Common Stock”) had closed below the minimum $1.00 price per share requirement for the last thirty (30) consecutive business days. On August 14, 2020, the Company received another written notice (the “ Second Notice”) from Nasdaq stating that, based upon its review of the Company’s market value for listed securities for the last thirty (30) consecutive business days, the Company did not meet the market value of listed securities requirement set forth under Nasdaq Listing Rule 5550(b)(2) (the “ MVLS Requirement”). In addition, the Second Notice informed the Company that as of August 14, 2020, the Company did not meet the alternative compliance standards relating to stockholders’ equity or net income from continuing operations (the “ Alternative Compliance Standards ”). The Company has a period of 180 calendar days from the date of the Second Notice, or until February 10, 2021, to regain compliance with the MVLS Requirement. Compliance can be achieved by meeting the MVLS Requirement for a minimum of ten (10) consecutive business days during the 180 day compliance period, unless Nasdaq exercises its discretion to extend this ten (10) business day period. On December 29, 2020, the Company received another written notice from Nasdaq (the “ Third Notice”) notifying the Company that it had not regained compliance with the Minimum Bid Price Rule by the December 28, 2020 deadline, and that the Company is not eligible for an additional 180 calendar day extension period for compliance as the Company’s stockholders’ equity as reported in the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2020 does not comply with the minimum stockholders’ equity requirement for initial listing on The Nasdaq Capital Market, and the Company does not meet any of the alternatives under Listing Rule 5505(b). As a result, the Nasdaq staff (the “ Staff”) has determined to delist the Common Stock from Nasdaq. The Third Notice also notified the Company that its public warrants no longer qualify for continued listing under Nasdaq Listing Rule 5560(a), which requires the security underlying the warrants (i.e., the Common Stock) to remain listed. As a result of the Staff’s determination to delist the Common Stock, the Staff has also determined to delist the public warrants from Nasdaq.
Is New 90 Day High Low • Dec 16New 90-day high: US$0.51The company is up 91% from its price of US$0.27 on 16 September 2020. The American market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$10.51 per share.
お知らせ • Nov 26U.S. Well Services, Inc. Announces Executive ChangesU.S. Well Services, Inc. announced that on November 20, 2020, Christopher P. Wirtz resigned from his position as Controller and principal accounting officer of U.S. Well Services, Inc. in order to assume a senior financial position with another company. Mr. Wirtz's decision to resign is solely due to personal reasons and not the result of a disagreement with the company or any of its subsidiaries relating to the Company's operations, policies or practices. On November 20, 2020, Jasper Antolin was appointed to serve as the Controller and principal accounting officer of the Company, effective as of December 1, 2020. Mr. Antolin, 38, currently serves as the company's Director of SEC Reporting, a position he has held since July 2019.
Is New 90 Day High Low • Nov 25New 90-day high: US$0.49The company is up 67% from its price of US$0.29 on 26 August 2020. The American market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is US$8.90 per share.
Analyst Estimate Surprise Post Earnings • Nov 08Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 11%. Earnings per share (EPS) exceeded analyst estimates by 250%. Over the next year, revenue is expected to shrink by 7.3% compared to a 11% decline forecast for the Energy Services industry in the US.
Reported Earnings • Nov 08Third quarter 2020 earnings released: US$0.28 loss per shareThe company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: US$44.0m (down 66% from 3Q 2019). Net loss: US$18.9m (loss narrowed 16% from 3Q 2019).
お知らせ • Jul 24U.S. Well Services, Inc. to Report Q2, 2020 Results on Aug 05, 2020U.S. Well Services, Inc. announced that they will report Q2, 2020 results on Aug 05, 2020
お知らせ • Jul 04U.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell 2000 Dynamic IndexU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell 2000 Dynamic Index
お知らせ • Jul 03+ 2 more updatesU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Small Cap Completeness IndexU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Small Cap Completeness Index
お知らせ • Jul 02+ 1 more updateU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Microcap IndexU.S. Well Services, Inc.(NasdaqCM:USWS) dropped from Russell Microcap Index