U. S. Well Services, Inc. (USWS) Tops Q3 EPS by 6c

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Go back to U. S. Well Services, Inc. (USWS) Tops Q3 EPS by 6c

U.S. Well Services Announces Third Quarter 2021 Financial and Operational Results

November 12, 2021 6:30 AM EST

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... More