Expro Group Holdings Management
Management criteria checks 3/4
Expro Group Holdings' CEO is Mike Jardon, appointed in Oct 2021, has a tenure of 4.58 years. total yearly compensation is $7.23M, comprised of 13.8% salary and 86.2% bonuses, including company stock and options. directly owns 0.3% of the company’s shares, worth $6.12M. The average tenure of the management team and the board of directors is 4.6 years and 4.6 years respectively.
Key information
Mike Jardon
Chief executive officer
US$7.2m
Total compensation
| CEO salary percentage | 13.83% |
| CEO tenure | 4.6yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.6yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
XPRO: Buybacks And Subsea Well Access Will Support Future Repricing
Analysts have raised their average price target on Expro Group Holdings to $21, up $5 from $16, citing updated models following the Q4 report and differing views on how softer drilling activity and revised P/E assumptions affect the company’s outlook. Analyst Commentary Recent Street research on Expro Group Holdings shows a split view, with some analysts turning more cautious on softer global drilling activity while others have become more constructive after updating their models following the Q4 report.XPRO: Buybacks And Subsea Well Access Will Support Future Upside
Analysts now cluster around a $21 price target for Expro Group Holdings, up from $16 in recent research, reflecting updated models after the Q4 report, even as some see near term pressure from softer global drilling activity and question whether the shares trade above fair value. Analyst Commentary Street research on Expro Group Holdings has turned more mixed following the Q4 report, with one research firm cutting its rating while another lifts its valuation framework.XPRO: Subsea Well Access And Buybacks Will Support Future Upside
Analysts have lifted the fair value estimate for Expro Group Holdings to $21 from $19, reflecting updated models after Q4 and mixed views on near term drilling activity and valuation. Analyst Commentary Street research on Expro Group Holdings currently reflects a split view, with some analysts cautious on near term sector headwinds and others more constructive after updating models post Q4.
XPRO: Softer Drilling Activity Will Pressure Near Term Earnings And Margins
Narrative Update Overview Analysts have adjusted their outlook on Expro Group Holdings, keeping the fair value estimate steady at $13.00 while updating underlying assumptions after mixed research views that include a downgrade to Sell with a $16.00 target and a separate price target increase to $21.00. Analyst Commentary Recent research following the Q4 report shows a split in how analysts view Expro Group Holdings, with some highlighting upside potential and others flagging valuation and near term execution risks.XPRO: Higher Revenue Assumptions Will Expose Execution Risk In Future Margins
Analysts have lifted their fair value estimate for Expro Group Holdings from $10.00 to $13.00 after updating models following the Q4 report, citing the higher Street price target of $21, up from $16, as support for a stronger outlook on revenue growth, margins and a lower expected future P/E multiple. Analyst Commentary While the fair value estimate and published price targets have shifted higher following the Q4 update, not all commentary is purely upbeat.XPRO: Subsea Well Access Advances Will Support Future Upside To US$19
Analysts have maintained their $19.00 price target for Expro Group Holdings, citing only slight adjustments in the discount rate, expected revenue decline, profit margin outlook, and future P/E assumptions as the basis for keeping this target unchanged. What's in the News Expro introduced Solus, a high debris single shear and seal ball valve system that replaces the usual two valve setup in subsea well access, aiming to reduce operational complexity and support more cost efficient subsea interventions (Key Developments).XPRO: Steady US$19 Price Framework Will Support Future Share Upside
Analysts have kept their price target for Expro Group Holdings steady at US$19.00, noting only minor changes in discount rate, revenue growth assumptions, profit margin and future P/E that offset one another in their updated models. Valuation Changes Fair Value: Price target remains unchanged at US$19.00 per share.XPRO: Solid Q3 Execution And Buybacks Will Support Future Share Upside
Analysts have lifted their price target on Expro Group Holdings from $16.00 to $19.00, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E. They also referenced recent Street research that noted a solid Q3 performance, even as preliminary fiscal 2026 guidance was described as somewhat muted.Expro Group Holdings N.V. (NYSE:XPRO) Investors Are Less Pessimistic Than Expected
Jan 09
XPRO: Future Returns Will Balance Strong Execution With Muted 2026 Outlook
Analysts have modestly increased their price target on Expro Group Holdings to $16 from $15, citing a solid Q3 beat that offsets concerns around somewhat muted preliminary 2026 guidance. Analyst Commentary Bullish Takeaways Bullish analysts view the upward revision in the price target to $16 as a reflection of improving earnings power and a stronger risk reward profile after the Q3 beat.XPRO: Strong Q3 Execution Will Drive Improved Profitability And Share Upside
Analysts have raised their price target on Expro Group Holdings to $16.00 from $15.00, citing a solid Q3 beat and improved profitability expectations despite somewhat muted preliminary fiscal 2026 guidance. Analyst Commentary Bullish analysts highlight that the latest price target increase to $16.00 reflects confidence in Expro Group Holdings' ability to sustain improved profitability and execution following a strong Q3 performance.XPRO: Future Returns Will Reflect Strong Execution And Muted 2026 Outlook
Analysts have modestly raised their price target for Expro Group Holdings to $16 from $15, reflecting a slightly higher fair value estimate of about $14.40 as they balance a solid recent earnings beat against cautious preliminary 2026 guidance. Analyst Commentary Analysts view the latest price target increase as a reflection of Expro's solid operational execution in the near term, while also signaling tempered expectations for the company’s medium term growth trajectory.XPRO: Recent Execution Will Be Balanced By Subdued Near-Term Guidance
Analysts have increased the Expro Group Holdings price target by $1 to $16 per share, citing the company's stronger-than-expected Q3 results. They also noted that near-term guidance appears subdued.XPRO: Offshore Diversification And Market Challenges Will Shape Performance Ahead
Expro Group Holdings’ analyst price target has increased modestly, rising from $13.40 to $14.20. Analysts cite a positive Q3 performance, while also noting cautious outlooks for fiscal 2026 and ongoing market crosscurrents within the energy sector.We Like The Quality Of Expro Group Holdings' (NYSE:XPRO) Earnings
Oct 30Global Energy Trends Will Support Long-Term Operational Excellence
Expro Group Holdings’ analyst price target has increased from $12.80 to $13.40, a change driven by analysts highlighting resilient offshore performance and improving profit margins, despite ongoing industry crosscurrents. Analyst Commentary Recent updates from the Street reveal a mix of optimism and caution surrounding Expro Group Holdings.Global Energy Trends Will Support Long-Term Operational Excellence
Analysts have modestly raised Expro Group Holdings’ price target to $12.80, citing strong Q2 performance and resilience in offshore drilling despite persistent headwinds in US Land and ongoing oil price volatility. Analyst Commentary Bullish analysts cite strong Q2 results, highlighting resilience and solid performance in offshore drilling markets despite broader industry volatility.Subdued Growth No Barrier To Expro Group Holdings N.V.'s (NYSE:XPRO) Price
Jul 21It's Probably Less Likely That Expro Group Holdings N.V.'s (NYSE:XPRO) CEO Will See A Huge Pay Rise This Year
May 29Expro Group: Recent Shocks Can Spoil The Party (Rating Downgrade)
Apr 22Expro Group Holdings N.V. (NYSE:XPRO) Shares Slammed 26% But Getting In Cheap Might Be Difficult Regardless
Apr 11We Think Expro Group Holdings' (NYSE:XPRO) Robust Earnings Are Conservative
Mar 04We Think Expro Group Holdings (NYSE:XPRO) Can Stay On Top Of Its Debt
Feb 10
Deepwater Projects Will Leverage Anticipated Upcycle In Energy Services
Strategic focus on long-cycle projects and technology-driven services positions Expro for revenue growth and competitive advantage in energy services.Expro Group: Undervaluation Scores Over Short-Term Challenges
Feb 07Expro Group Holdings N.V. (NYSE:XPRO) Soars 26% But It's A Story Of Risk Vs Reward
Jan 14Take Care Before Jumping Onto Expro Group Holdings N.V. (NYSE:XPRO) Even Though It's 26% Cheaper
Nov 16We Think Expro Group Holdings (NYSE:XPRO) Can Stay On Top Of Its Debt
Oct 19Expro Group Exudes Robust Long-Term Fundamental Growth (Rating Upgrade)
Oct 03Fewer Investors Than Expected Jumping On Expro Group Holdings N.V. (NYSE:XPRO)
Sep 22A Look At The Fair Value Of Expro Group Holdings N.V. (NYSE:XPRO)
Aug 07Expro Group Holdings (NYSE:XPRO) Has A Pretty Healthy Balance Sheet
Jul 02Expro Group: Offshore Projects Hold Ground But Some Headwinds Weigh In (Rating Downgrade)
Jun 13Expro Group Holdings N.V.'s (NYSE:XPRO) Price Is Out Of Tune With Revenues
May 27Expro Group Holdings N.V. (NYSE:XPRO) Shares Could Be 27% Below Their Intrinsic Value Estimate
Mar 20Expro Group Q4: Offshore Projects' Strength Will Continue To Fuel Growth
Mar 06Pinning Down Expro Group Holdings N.V.'s (NYSE:XPRO) P/S Is Difficult Right Now
Feb 21These 4 Measures Indicate That Expro Group Holdings (NYSE:XPRO) Is Using Debt Safely
Jan 17Expro Group: International Offshore Projects Present Upside
Dec 12An Intrinsic Calculation For Expro Group Holdings N.V. (NYSE:XPRO) Suggests It's 25% Undervalued
Dec 11Expro Group Faces Revenue Headwinds As Activity Drops
Dec 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2025 | US$7m | US$1m | US$52m |
| Sep 30 2025 | n/a | n/a | US$69m |
| Jun 30 2025 | n/a | n/a | US$71m |
| Mar 31 2025 | n/a | n/a | US$69m |
| Dec 31 2024 | US$7m | US$1m | US$52m |
| Sep 30 2024 | n/a | n/a | US$16m |
| Jun 30 2024 | n/a | n/a | -US$14m |
| Mar 31 2024 | n/a | n/a | -US$20m |
| Dec 31 2023 | US$7m | US$1m | -US$23m |
| Sep 30 2023 | n/a | n/a | US$2m |
| Jun 30 2023 | n/a | n/a | -US$2m |
| Mar 31 2023 | n/a | n/a | -US$15m |
| Dec 31 2022 | US$3m | US$1m | -US$20m |
| Sep 30 2022 | n/a | n/a | -US$124m |
| Jun 30 2022 | n/a | n/a | -US$119m |
| Mar 31 2022 | n/a | n/a | -US$123m |
| Dec 31 2021 | US$8m | US$1m | -US$132m |
Compensation vs Market: Mike's total compensation ($USD7.23M) is above average for companies of similar size in the US market ($USD5.47M).
Compensation vs Earnings: Mike's compensation has been consistent with company performance over the past year.
CEO
Mike Jardon (55 yo)
4.6yrs
Tenure
US$7,231,722
Compensation
Mr. Michael Jardon, also known as Mike, serves as Chief Executive Officer, President & Executive Director at Expro Group Holdings N.V. since October 1, 2021. He has been Chief Operating Officer at Expro Oi...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$7.23m | 0.30% $ 6.1m | |
| Chief Financial Officer | less than a year | US$4.23m | no data | |
| Chief Operating Officer | 4.6yrs | US$2.97m | 0.13% $ 2.7m | |
| Chief Technology Officer | 4.6yrs | US$2.16m | 0.076% $ 1.6m | |
| Group General Counsel & Secretary | 4.6yrs | US$2.17m | 0.055% $ 1.1m | |
| Principal Accounting Officer | 6.6yrs | no data | 0.031% $ 636.8k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Global Marketing and Communications Manager | no data | no data | no data | |
| Senior Vice President of Human Resources | 4.6yrs | no data | no data |
4.6yrs
Average Tenure
57yo
Average Age
Experienced Management: XPRO's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$7.23m | 0.30% $ 6.1m | |
| Independent Non-Executive Director | 4.6yrs | US$237.31k | 0.025% $ 501.6k | |
| Independent Non-Executive Director | 4.6yrs | US$247.31k | 0.025% $ 501.6k | |
| Non Executive Independent Director | 3yrs | US$229.81k | 0.014% $ 285.2k | |
| Independent Non-Executive Chairman | 9yrs | US$324.81k | 0.061% $ 1.2m | |
| Independent Non-Executive Director | 4.6yrs | US$239.81k | 0.027% $ 551.3k | |
| Independent Non-Executive Director | 4.6yrs | US$224.81k | 0.034% $ 688.9k |
4.6yrs
Average Tenure
63yo
Average Age
Experienced Board: XPRO's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/03 15:51 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Expro Group Holdings N.V. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sungeun Kim | Barclays |
| Luke Lemoine | Capital One Securities, Inc. |
| James West | Evercore ISI |