U.S. Well Services, Inc. operates as an oilfield service company in the United States. It provides hydraulic fracturing services to the oil and natural gas exploration, and production companies. The company was founded in 2012 and is headquartered in Houston, Texas.
IPO Year: 2017
Exchange: NASDAQ
Website: uswellservices.com
15-12G - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
EFFECT - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
POS AM - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
S-8 POS - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
POS AM - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
POS AM - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Filer)
HOUSTON, April 29, 2022 /PRNewswire/ -- U.S. Well Services (NASDAQ:USWS) ("USWS" or the "Company"), today announced plans for the transition of its leadership team, including the promotion of Kyle O'Neill to the position of President and Chief Executive Officer. Effective April 30, 2022, Joel Broussard, the Company's co-founder, President and Chief Executive Officer, will assume the role of chairman of the Company's Board of Directors. Concurrent with the leadership transition, Josh Shapiro has been promoted to the role of Chief Financial Officer. "I am honored to take on the roles of President and CEO, and am grateful to both Joel and the Board of Directors for the opportunity to continue
ProFrac becomes the largest provider of electric frac services with 12 electric fleets WILLOW PARK, Texas, Nov. 1, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:PFHC) ("ProFrac" or the "Company") announced today that it has closed on its acquisition of U.S. Well Services, Inc. (NASDAQ:USWS) ("USWS") in a stock-for-stock merger transaction. As a result of this transaction, ProFrac issued an aggregate of approximately 12.9 million shares of the Company's Class A Common Stock to holders of USWS Class A Common Stock, USWS Series A Preferred Stock, USWS Equity Linked Convertible Notes, and USWS equity awards. The equity issued, based on the ProFrac Class A Common Stock 10-day VWAP as of Octo
HOUSTON, Aug. 10, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company," "USWS," "U.S. Well Services" or "we") (NASDAQ:USWS) today reported second quarter 2022 financial and operational results. Second Quarter 2022 Highlights Announced merger with ProFrac Holding Corp. ("ProFrac") in a stock-for-stock transaction with a split-adjusted exchange ratio of 0.3366 shares of ProFrac Class A common stock for each share of USWS Class A common stock upon closing of the pending transaction, which is expected in the fourth quarter of 2022Preparation for the proposed merger with ProFrac is continuing as planned, including expiration of the waiting period under the Hart-Scott-Rodino Antitrust Imp
HOUSTON, Aug, 5, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the second quarter 2022 after the market closes on Wednesday, August 10, 2022 and host its earnings conference call and webcast on Thursday, August 11, 2022 at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the live call, a rep
HOUSTON, Aug. 4, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (NASDAQ:USWS) ("USWS" or the "Company") today announced it is executing a reverse stock split, effective August 4, 2022. Holders of the Company's Class A common stock will receive 1 post-split share for every 6 pre-split shares of Class A common stock. The reverse stock split will not modify any rights or preferences of the Company's stockholders, nor will it alter any stockholders' percentage interest in the Company. No fractional shares of Class A common stock will be issued as a result of the reverse stock split. Stockholders of record who would otherwise be entitled to receive a fractional share will receive one full shar
WILLOW PARK, Texas and HOUSTON, June 21, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ:PFHC) ("ProFrac" or the "Company") announced today that it has reached an agreement to acquire U.S. Well Services, Inc. (NASDAQ:USWS) ("USWS") in a stock-for-stock transaction with an exchange ratio of 0.0561 shares of ProFrac Class A common stock for each share of USWS Class A common stock. The acquisition is expected to be completed in the fourth quarter of 2022, subject to the satisfaction of customary closing conditions, including the approval of USWS stockholders. The combination creates a market leader in NextGen frac solutions and a combined company with an expected 44 active fleets by the end
HOUSTON, May 24, 2022 /PRNewswire/ -- U.S. Well Services (NASDAQ:USWS) ("USWS" or the "Company") today announced it has finalized a contract with one of the largest E&P producers in the United States (the "Customer") to provide electric pressure pumping services. Under the terms of the agreement, USWS will dedicate a newbuild Nyx Clean Fleet® to support the Customer's development program in Texas for an initial term of 18 months beginning early in the third quarter of 2022. "With the execution of this agreement, all four of U.S. Well Services' newbuild Nyx Clean Fleets® are contracted to high quality E&P customers," said Kyle O'Neill, the Company's President and CEO. "This latest agreement
HOUSTON, May 18, 2022 /PRNewswire/ -- U.S. Well Services, Inc. ("USWS" or the "Company") (NASDAQ:USWS) and KCF Technologies, a leading provider of machine health optimization platform, today announced an industry first integration between electric frac pump control systems for fully automated pump controls. KCF's fault detection automation engine, MachineIQ, allows U.S. Well Services to run their fleets intelligently and safely. With state-of-the-art KCF vibration sensors, MachineIQ provides actionable suggestions to operators based on live health data locally at the job site. Thus, operators are constantly aware of the health of every individual pump without entering the redzone. With U
HOUSTON, May 16, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "USWS," "U.S. Well Services" or "we") (NASDAQ:USWS) today reported first quarter 2022 financial and operational results. First Quarter 2022 Highlights Completed $21.5 million Term C Loan financing transaction as well as $25.0 million Registered Direct Offering of common equity and warrantsReduced Term A Loan and Term B Loan (collectively the "Senior Secured Term Loan") borrowings below $103 million, securing 1.0% cash interest and 4.125% PIK interest for remainder of 2022Initiated operations in the Rockies out of the Company's new Vernal, Utah facilityAveraged 4.4 fully-utilized fleets compared to 4.1 fully-util
HOUSTON, May 4, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the first quarter 2022 before the market opens on Monday, May 16, 2022 and host its earnings conference call and webcast the same day at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the live call, a replay will be available thr
HOUSTON, April 29, 2022 /PRNewswire/ -- U.S. Well Services (NASDAQ:USWS) ("USWS" or the "Company"), today announced plans for the transition of its leadership team, including the promotion of Kyle O'Neill to the position of President and Chief Executive Officer. Effective April 30, 2022, Joel Broussard, the Company's co-founder, President and Chief Executive Officer, will assume the role of chairman of the Company's Board of Directors. Concurrent with the leadership transition, Josh Shapiro has been promoted to the role of Chief Financial Officer. "I am honored to take on the roles of President and CEO, and am grateful to both Joel and the Board of Directors for the opportunity to continue
4 - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Issuer)
4 - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Issuer)
4 - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Issuer)
4 - U.S. WELL SERVICES, INC. (0001670349) (Issuer)
4 - U.S. WELL SERVICES, INC. (0001670349) (Issuer)
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4 - U.S. WELL SERVICES, INC. (0001670349) (Issuer)
SC 13G/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)
SC 13G/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES HOLDINGS, LLC (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES, INC. (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES, INC. (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES, INC. (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES, INC. (0001670349) (Subject)
SC 13D/A - U.S. WELL SERVICES, INC. (0001670349) (Subject)
SC 13G - U.S. WELL SERVICES, INC. (0001670349) (Subject)
HOUSTON, Aug, 5, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the second quarter 2022 after the market closes on Wednesday, August 10, 2022 and host its earnings conference call and webcast on Thursday, August 11, 2022 at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the live call, a rep
HOUSTON, May 4, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the first quarter 2022 before the market opens on Monday, May 16, 2022 and host its earnings conference call and webcast the same day at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the live call, a replay will be available thr
HOUSTON, March 30, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ:USWS) today reported financial and operational results for the full-year and fourth quarter of 2021. Full-Year and Fourth Quarter 2021 Highlights Fully contracted existing electric fleets and executed customer contracts for three of four newbuild Nyx Clean Fleets®Reduced Term A Loans and Term B Loans (collectively the "Senior Secured Term Loan") balance by $125.6 million to $120.7 million at December 31, 2021 from $246.3 million at December 31, 2020 and extended term for 0.0% applicable interest rate through March 31, 2022Further reduced our Senior Secured Term Loan balanc
HOUSTON, March 15, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the full-year and fourth quarter 2021 after the market closes on Wednesday, March 30, 2022 and host its earnings conference call and webcast on Thursday, March 31, 2022 at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the liv
HOUSTON, Nov. 12, 2021 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ:USWS) today reported third quarter 2021 financial and operational results. Third Quarter 2021 Highlights Fully-exited the diesel pressure pumping market, becoming the only pure-play, publicly-traded electric pressure pumping services provider Reduced outstanding principal balance on senior secured term loan from $233.7 million at June 30, 2021 to $201.4 million at September 30, 2021; subsequently repaid an additional $44.6 million bringing the outstanding principal balance to $156.8 million as of today Forgiveness in full of the Company's $10 million Paycheck Protection Pro
HOUSTON, Nov. 8, 2021 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the third quarter 2021 before the market opens on Friday, November 12 and host its earnings conference call and webcast later that day at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot listen to the live call, a replay will be available t
HOUSTON, Aug. 11, 2021 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ:USWS) today reported second quarter 2021 financial and operational results. Second Quarter 2021 Highlights Issued $125.5 million of Convertible Senior Notes, raising $86.5 million of gross cash proceeds Entered into license agreement with ProFrac Manufacturing, LLC ("ProFrac"), providing ProFrac with a five-year option to purchase up to 20 licenses to build electric fleets using Clean Fleet® technology worth up to $165 million; as of June 30, 2021, three licenses were sold, generating $22.5 million of income Announced plans to build four new all-electric Nyx Clean Fleets® w
HOUSTON, Aug. 9, 2021 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ:USWS) will issue its financial and operating results for the second quarter 2021 after the market closes on Wednesday, August 11, 2021 and host its earnings conference call and webcast on Thursday, August 12, 2021 at 10:00 a.m. Central Time. By Phone: Dial 201-389-0872 approximately 10 minutes before the call and ask for the U.S. Well Services call. By Webcast: Log onto U.S. Well Services' website to access an audio webcast, which can be found in the Investor Relations section under "Events & Presentations" tab at https://ir.uswellservices.com/news-events/ir-calendar For those who cannot
HOUSTON, June 28, 2021 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ:USWS) today announced it has entered into a series of strategic transactions that position the Company to execute on its previously announced strategic plan to grow and become a fully-electric hydraulic fracturing services provider. U.S. Well Services issued $125.5 million of 16.0% Convertible Senior Secured (Third Lien) PIK Notes due June 2026 (the "Notes") in a private placement to institutional investors (the "Private Placement"). In connection with the Private Placement, the Company sold $64.0 million of Notes convertible into U.S. Well Services Class A Common Stock (th
HOUSTON, May 17, 2021 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "U.S. Well Services" or "we") (NASDAQ:USWS) today reported first quarter 2021 financial and operational results. First Quarter 2021 Highlights Averaged 8.8 fully-utilized fleets compared to 5.3 fully-utilized fleets during the fourth quarter of 2020 Total revenue of $76.3 million compared to $48.1 million in the fourth quarter of 2020 Net loss attributable to the Company of $20.6 million compared to net loss of $29.9 million in the fourth quarter of 2020 Adjusted EBITDA(1) of $11.5 million compared to $1.8 million in the fourth quarter of 2020 Reported annualized Adjusted EBITDA per fully-utilized fleet of $5.2
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Potential short-squeeze plays gained steam in 2021 and continued through 2022, with new traders looking for the next huge move. A short squeeze can occur when a heavily shorted stock rises in value instead of falling. Short sellers could be looking to close out their position and can face a loss if they have to buy back the shares they initially borrowed at a higher price. A squeeze can occur when short sellers are forced into buying to cover their position, which can cause shares to move up on many occasions. Fintel Data, which requires a subscription, provides a look at several of the top shorted stocks and how likely a short squeeze is to occur. Related Link: 5 Short Squeeze Stocks Th
U.S. Well Servs (NASDAQ:USWS) reported quarterly sales of $68.76 million which beat the analyst consensus estimate of $56.40 million by 21.92 percent. This is a 12.73 percent decrease over sales of $78.80 million the same period last year.
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