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insidermonkey.comProFrac Holding posted first-quarter revenue of $450 million, EBITDA of $54 million and a net loss of $81 million. The oilfield services provider exceeded revenue forecasts despite posting a sizable quarterly loss. seekingalpha.com reported the figures.
Substrate placeholder — needs reviewWeatherford, a major oilfield-service provider, reported an earnings hit following events in Iran. The company stated the impact will intensify this quarter before improving. The warning highlights ongoing challenges in the sector.