Expro Group Holdings N.V. (XPRO) saw its shares soar 5.07% during intraday trading on Thursday. The move represented a significant reversal from earlier in the session when the stock was trading lower following the release of its fourth-quarter earnings results.

The energy services company reported fourth-quarter revenue of $382 million, which fell short of analyst estimates, and provided first-quarter revenue guidance that was below expectations. However, investors focused on several positive elements from the earnings report that drove the stock higher.

Expro reported that adjusted free cash flow for the full year 2025 reached $127 million, significantly surpassing the company's own guidance range of $110 million to $120 million. Additionally, the company announced it secured one of the largest single-customer awards in its history - a four-year, $380 million contract in North Africa for production optimization and well management services. The company also reported a total order backlog of $2.5 billion as of December 31, 2025, providing strong revenue visibility for the coming year.