Oilfield Services Stocks Q4 Earnings: ProFrac vs. Peers

ProFrac (NASDAQ:ACDC) reported Q4 revenues of $436.5 million, down 4% YoY, exceeding analysts' expectations by 9.4%. The company's EBITDA also beat estimates. Helix Energy Solutions (NYSE:HLX) reported Q4 revenues of $334.2 million, down 5.9% YoY, outperforming analysts' expectations by 11.6%. Oilfield services stocks as a group reported strong Q4, with revenues beating analysts' consensus estimates by 3.7%. Share prices of the companies have been resilient, up 6.6% on average since the latest earnings results.