U.S. Well Services, Inc. (USWS) delivered earnings and revenue surprises of -68.18% and -12.56%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
U.S. Well Services has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
U.S. Well Services, Inc. (USWS) today announced that due to increasing public health concerns posed by the COVID-19 pandemic and out of concern for the health and well-being of U.S. Well Services, Inc.’s stockholders and employees, the location of U.S. Well Services, Inc.’s annual meeting of stockholders (the “Annual Meeting”) to be held on Wednesday, May 27, 2020 at 10:00 a.m. Central Time, has been changed. The Annual Meeting will be held solely by means of remote communication in an audio-only virtual meeting format. Stockholders will not be able to attend the Annual Meeting in person this year.
U.S. Well Services, Inc. (USWS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
U.S. Well Services, Inc. (USWS) today announced it has entered into an Amended and Restated Senior Secured Term Loan Credit Agreement (the “Amended Term Loan Facility”) with CLMG Corp. (the “Lenders”) that provides for a suspension of scheduled principal and interest payments for 24 months. Under the terms of the Amended Term Loan Facility, U.S. Well Services’ next scheduled principal and interest payment to the Lenders will be due June 30, 2022. Concurrently, U.S. Well Services sold $21 Million of newly issued Series B Redeemable Convertible Preferred Stock (the “Preferred Stock”) through a private placement with institutional investors (the “Private Placement”), using proceeds from the Private Placement to fund the $20 Million cash portion of an extension fee payable to the Lenders.
MITCHELL, Ontario--(BUSINESS WIRE)--“This is hard. The plant means so much to our families and our community. As far as we know, the majority of our work will be going to Mexico.”
U.S. Well Services, Inc. (USWS) today announced it has executed a long-term contract to provide electric hydraulic fracturing services for EQT Corporation (EQT) using its next-generation Clean Fleet® technology. Pursuant to the terms of the agreement, U.S. Well Services will provide a dedicated electric hydraulic fracturing fleet to support EQT’s completions activity for three years if all optional extensions are exercised. “U.S. Well Services is pleased to announce that we have formalized our partnership with EQT following its successful trial of the Clean Fleet® technology beginning in the fourth quarter of 2019,” said Joel Broussard, U.S. Well Services’ President and Chief Executive Officer.
HOUSTON, May 11, 2020 -- U.S. Well Services, Inc. (the “Company”, “U.S. Well Services” or “we”) (NASDAQ: USWS) today reported first quarter 2020 financial and operational.
Oil's recent rally comes amid OPEC+'s crucial decision to slash production and a more-than-expected reduction in oil inventories.
Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and a 20% drop in […]
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A PARTNERSHIP that has seen the University of South Wales (USW) collaborate with institutions across Europe has come into its own during the Covid-19 pandemic, ensuring students can continue their studies online. Between 2014 and 2017, the DECAMP programme wa…
HOUSTON, Feb. 27, 2020 -- U.S. Well Services, Inc. (NASDAQ: USWS) will host its fourth quarter 2019 earnings conference call and webcast on Wednesday, March 4, 2020 at 9:00.
Companies in the news are: DIS, GOOS, USWS, BLMN
HOUSTON and FORT WORTH, Texas, Jan. 29, 2020 -- U.S. Well Services, Inc. (Nasdaq: USWS) today announced it has executed a contract to provide electric hydraulic fracturing.
US Well Services Inc (USWS) delivered earnings and revenue surprises of -2.13% and 1.94%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
HOUSTON, Nov. 06, 2019 -- U.S. Well Services, Inc. (the “Company”, “U.S. Well Services” or “we”) (NASDAQ: USWS) today reported third quarter 2019 financial and operational.
HOUSTON, March 03, 2020 -- U.S. Well Services, Inc. (the “Company”, “U.S. Well Services” or “we”) (NASDAQ: USWS) today reported full-year and fourth quarter 2019 financial and.
U.S. Well Services, Inc. (USWS) today announces immediate actions in response to the recent sharp decline in oil prices and challenging industry outlook that is driving extraordinary reductions in customer activity. The Company is taking a number of corporate and operating cost-cutting measures to better align its expenses with client activity levels. The Company’s cost control plans include: 1) a reduction in workforce driven by fewer fleets in operation, 2) reductions in labor, materials and field overhead spend that will help rationalize the Company’s cost structure, and 3) a 20% reduction in annual base salary for our CEO, CFO and CAO.
HOUSTON, May 05, 2020 -- U. S. Well Services, Inc. (NASDAQ: USWS) will issue its financial and operating results for the first quarter 2020 before the market opens on Monday,.
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