Guidance signals caution. The company’s Q1 2026 outlook points to a wider loss than Q4’s result, with the midpoint implying a $1.14 per share loss on revenue of $149.8 million. The sequential revenue decline of roughly 4% suggests ongoing headwinds in oilfield services activity. Shares closed at $2.58, trading near the lower end of the 52-week range of $1.46 to $4.84.
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