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NCS Multistage (NCSM) investor relations material
NCS Multistage Sidoti's Year End Virtual Investor Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Company overview and market positioning
Focuses on technology-driven oilfield services and equipment, serving major global oil and gas producers.
Competes with larger, established firms by targeting niche areas for leadership and attractive margins.
Operates a capital-light model, outsourcing manufacturing to minimize investment and generate free cash flow.
Maintains a diversified customer base with limited concentration, serving over 200 clients annually.
Holds a 2% share in a $10 billion global completions market, with $180 million expected revenue in 2024.
Product lines and innovation
Four main product lines: Fracturing Systems, Repeat Precision, Tracer Diagnostics, and Well Construction.
Fracturing Systems account for 60% of revenue, with 30% market share in Canada and global leadership claims.
Repeat Precision expands addressable market with high-performance and dissolvable frac plugs.
Tracer Diagnostics, enhanced by the ResMetrics acquisition, provides data-driven well optimization.
Well Construction’s AirLock system supports efficient long-lateral drilling and completion.
Strategic growth and international expansion
Three core strategies: build on market leadership, capitalize on high-margin international growth, and commercialize innovative solutions.
International revenue doubled in 2024, rising from 5% to 10% of total revenue, driven by Middle East and North Sea growth.
Focuses on unconventional completions, offshore, and high-temperature applications for future growth.
Sees significant opportunity in Argentina’s Vaca Muerta and Middle Eastern unconventional markets.
Tracer Diagnostics product line helps international clients accelerate learning curves in unconventional development.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
Next NCS Multistage earnings date
Next NCS Multistage earnings date
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