U.S. WELL SERVICES, INC.: insider trades · United States · SEC (Form 4)

About U.S. WELL SERVICES, INC.

U.S. Well Services, Inc. (ticker: USWS) is a U.S.-based oilfield services company that has traded on the NASDAQ in the United States. The company is headquartered in Houston, Texas, and its roots go back to a SPAC formation in March 2016, when Matlin & Partners Acquisition Corporation was created to pursue a business combination. In November 2018, that vehicle completed a merger with USWS Holdings and adopted the U.S. Well Services, Inc. name. For investors, USWS has historically represented a niche pressure-pumping and well-stimulation platform focused on hydraulic fracturing services for U.S. exploration and production customers. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1670349/000095017022005071/usws-20211231.htm?utm_source=openai)) The company’s core business has centered on hydraulic fracturing and related completion services. SEC disclosures describe USWS as a technology-focused oilfield service company, with an emphasis on electric-powered pressure pumping rather than conventional diesel-powered fleets. This positioning was reflected in its “Clean Fleet” branding and in the company’s efforts to promote higher efficiency, lower emissions intensity, and customer-centric operational reliability. Its services have been tied to onshore oil and natural gas development in the United States, making the company highly sensitive to upstream capital spending, frac activity, and commodity-price cycles. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1670349/000156459020009011/usws-10k_20191231.htm?utm_source=openai)) From a corporate history perspective, USWS evolved from a special purpose acquisition company into an operating oilfield services business through the November 9, 2018 reverse recapitalization. That structure is important because it explains the company’s public-market path and the way its equity was introduced to the NASDAQ. Over time, USWS operated in one of the most competitive segments of the U.S. energy services market, where scale, fleet utilization, technical performance, and balance-sheet flexibility are critical. Compared with larger diversified oilfield service providers, USWS occupied a more specialized and smaller-cap position. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1670349/000095017022005071/usws-20211231.htm?utm_source=openai)) In competitive terms, USWS differentiated itself through electrification and operational technology, but its business remained concentrated in the United States and therefore exposed to North American shale activity. That domestic focus reduces geopolitical complexity, yet it also concentrates earnings sensitivity in a single cyclical market. Recent public filings and disclosures indicate that the company’s later history was shaped by strategic transactions and industry consolidation, including merger-related activity involving ProFrac beginning in 2022. For analysts, the key takeaway is that USWS should be viewed as a former specialist in electric fracturing services with a distinctly U.S. footprint and a corporate history marked by public-market restructuring and sector consolidation. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1670349/000119312522072831/d320101d424b5.htm?utm_source=openai))