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home / news releases / USWS - U.S. Well Services surges on planned power centers purchase


USWS - U.S. Well Services surges on planned power centers purchase

U.S. Well Services (USWS) +15.8% post-market after saying it committed to buy 60 Power Cubes from Industrial Service Solutions subsidiary AmeriMex to deploy as part of its Clean Fleet technology.Each Power Cube contains two 3,000 HHP electric motors, two variable frequency drives, a power transformer and other components that combine to create a self-contained power center, U.S. Well says; it expects to begin taking delivery during Q3.Last month, U.S. Well said it would replace its diesel hydraulic fracturing equipment with gear powered by electric motors.

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U.S. Well Services surges on planned power centers purchase
Stock Information

Company Name: U.S. Well Services Inc.
Stock Symbol: USWS
Market: NASDAQ
Website: uswellservices.com

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