If you're looking for a hidden gem in the energy services sector trading under $20, Expro Group Holdings N.V. (NYSE:XPRO) deserves serious attention. As of June 13, the stock is trading with a forward P/E of 9.66, a PEG ratio of just 0.40, and a debt to equity ratio of 0.14, all of which suggest deep value and strong fundamentals.

Expro provides critical well construction and management services to the global energy industry, with a presence across North and Latin America, the Middle East, Africa, and Asia Pacific. What sets Expro apart is its focus on long cycle offshore and international projects, making it more resilient to short term commodity price swings.

In Q1 2025, Expro Group Holdings N.V. (NYSE:XPRO) beat expectations significantly, reporting earnings per share of $0.25, more than double the consensus estimate of $0.10. Revenue came in at $391 million, and adjusted EBITDA hit $76 million, representing 20% of revenue, the strongest Q1 margin performance since its 2021 merger with Frank’s International.

What’s driving this outperformance? First, Expro’s smart capital discipline and M&A strategy are paying off. Contract wins worth $272 million in Q1, including deals in Brazil, the U.S., and Indonesia, show strong demand for its cost effective, technology driven solutions. Second, its backlog remains solid at $2.2 billion, providing visibility in an uncertain macro environment.

Despite global economic volatility and softer oil prices, Expro Group Holdings N.V. (NYSE:XPRO) is well positioned for long term growth. Demand for oil remains robust, and offshore development is expected to accelerate in 2026. Expro’s exposure to high growth regions like Brazil, the North Sea, and the Middle East gives it a strategic edge.

The company’s net zero debt, strong cash generation, and focus on profitability rather than growth give it added financial stability. And with its stock still trading under $20, there is plenty of room for upside as sentiment improves and energy markets stabilize.

Bottom line: Expro Group Holdings N.V. (NYSE:XPRO) is quietly executing well, beating expectations, and building value. For long term investors, this undervalued global energy services player looks like a smart bet for 2025 and beyond.

Check the Complete list here: 7 Best Undervalued Stocks to Buy Now Under $20