Nine Energy Service, Inc.

Nine Energy Service, Inc.

NINE · AMEX · Energy / Oil & Gas Equipment & Services

7.42USD+0.26 (+3.63%)

Price History

Full chart

Market Stats

Previous Close7.16
Open7.17
Day Range7.01 – 7.42
52-Week Range7.32 – 13.23
Volume10.00K
Market Cap116.20M
P/E (TTM)0.00
Forward P/E16.29
EPS-1.04
Dividend Yield0.00%
Beta2.48
50-Day Avg10.57
200-Day Avg10.42

About

Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. The company provides cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. It also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, the company offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMs. Ann G. Fox
  • Employees1.07K
  • Headquarters2001 Kirby Drive, Houston, TX, United States, 77019, USA
  • Websitehttps://nineenergyservice.com

Leadership

  • Ms. Ann G. FoxPresident, CEO, Secretary & Director · b. 1977
  • Mr. David CrombieExecutive VP & COO · b. 1974
  • Ms. Heather SchmidtCFO & Principal Financial Officer · b. 1984
  • Mr. S. Brett Luz CPASenior VP & Chief Accounting Officer
  • Mr. Josh RileySVP of Corporate Finance & Investor Relations
  • Mr. James Clair HolleyChief Technology Officer
  • Mr. Adam R. LawEVP & General Counsel · b. 1983
  • Mr. Joe HuwelPresident of Cementing & Coiled Tubing
  • Mr. Jeff HyrePresident of Wireline
  • Mr. Don McLeanPresident of Completion Tools

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue425.87M478.52M282.35M543.66M827.17M832.94M310.85M349.42M593.38M609.53M554.10M561.91M
Growth (%)-+12.36%-40.99%+92.55%+52.15%+0.70%-62.68%+12.41%+69.82%+2.72%-9.09%+1.41%
Cost of Revenue273.75M440.74M310.45M510.69M703.11M738.89M351.06M353.01M497.34M531.41M493.51M501.75M
Gross Profit152.12M37.79M-28.10M32.97M124.06M94.05M-40.20M-3.59M96.04M78.12M60.60M60.16M
Gross Margin35.72%7.90%-9.95%6.06%15.00%11.29%-12.93%-1.03%16.19%12.82%10.94%10.71%
Operating Expense62.31M80.41M54.91M89.94M152.35M276.77M342.96M46.42M52.47M60.55M51.66M59.75M
Operating Income89.80M-42.62M-83.01M-56.97M-28.29M-182.73M-383.17M-50.02M43.57M17.57M8.94M416.00K
Operating Margin21.09%-8.91%-29.40%-10.48%-3.42%-21.94%-123.26%-14.31%7.34%2.88%1.61%0.07%
EBITDA117.29M24.93M-18.67M5.25M26.72M-112.96M-286.85M20.97M96.34M72.67M60.47M53.31M
EBITDA Margin27.54%5.21%-6.61%0.97%3.23%-13.56%-92.28%6.00%16.24%11.92%10.91%9.49%
Net Income52.75M-39.12M-70.91M-67.68M-52.98M-217.75M-378.95M-64.58M14.39M-32.21M-41.08M-51.32M
Net Income Margin12.39%-8.17%-25.11%-12.45%-6.41%-26.14%-121.91%-18.48%2.43%-5.28%-7.41%-9.13%
R&D----1.75M-------
R&D as % of Total Revenue----0.21%-------
Interest Expense5.46M9.89M14.19M15.70M22.32M39.77M36.76M32.53M32.49M51.12M51.32M55.21M
Interest Expense % of Total Revenue1.28%2.07%5.02%2.89%2.70%4.77%11.83%9.31%5.47%8.39%9.26%9.83%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-658.43M576.09M578.86M1.14B850.89M442.60M381.61M426.83M401.98M360.08M353.70M
Total Liabilities-305.76M287.91M291.50M546.35M461.02M422.19M420.88M450.34M437.61M426.14M468.66M
Total Equity-352.68M288.19M287.36M594.82M389.88M20.41M-39.27M-23.51M-35.63M-66.06M-114.96M
Cash-18.88M4.07M17.51M63.62M92.99M68.86M21.51M17.45M30.84M27.88M19.84M
Total Debt-249.64M244.53M241.51M427.97M395.25M384.25M372.07M377.80M366.32M358.79M382.65M
Net Debt-230.76M240.46M224.00M364.36M302.27M315.39M350.56M360.36M335.48M330.91M362.81M

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow140.37M140.37M-3.29M5.67M89.58M101.31M-4.90M-40.42M16.67M45.51M13.20M-7.31M
Investing Cash Flow-19.25M-19.25M-4.18M-44.46M-389.76M-34.12M-1.78M-11.92M-25.42M-23.16M-14.18M-13.59M
Financing Cash Flow-126.88M-126.88M-7.32M52.34M346.69M-37.91M-17.39M5.05M4.85M-8.89M-1.68M12.86M
Capital Expenditure26.73M26.73M9.13M45.22M46.65M64.96M9.42M15.41M28.55M24.60M14.76M15.95M
Free Cash Flow-113.64M-12.42M-39.55M42.93M36.35M-14.32M-55.83M-11.88M20.91M-1.57M-23.25M
Dividends Paid2.44M2.44M2.44M2.44M563.83M15.00K------
FCF to OCF-80.96%377.51%-697.32%47.93%35.88%292.14%138.14%-71.25%45.94%-11.88%318.29%
Dividend Paid to FCF-2.15%-19.63%-6.17%1313.34%0.04%------

Earnings

Report DateMay 19, 2017Aug 14, 2017Nov 29, 2017Mar 28, 2018May 14, 2018Aug 13, 2018Nov 12, 2018Mar 6, 2019May 7, 2019Aug 12, 2019Nov 8, 2019Mar 9, 2020May 7, 2020Aug 6, 2020Nov 5, 2020Mar 8, 2021May 6, 2021Aug 4, 2021Nov 3, 2021Mar 7, 2022May 4, 2022Aug 3, 2022Nov 7, 2022Mar 7, 2023May 8, 2023Aug 3, 2023Nov 6, 2023Mar 7, 2024May 6, 2024Aug 5, 2024Oct 31, 2024Mar 5, 2025May 2, 2025Aug 5, 2025Oct 29, 2025Mar 9, 2026May 14, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.000.000.00-0.240.120.370.580.490.220.26-0.22-0.48-0.42-0.96-0.90-0.84-0.69-0.62-0.42-0.55-0.38-0.020.160.340.08-0.04-0.47-0.35-0.32-0.37-0.30-0.24-0.15-0.22-0.25-0.34--0.06-0.41
EPS Actual-0.89-0.52-0.100.470.080.350.670.680.760.30-0.16-0.49-0.51-1.13-1.13-1.20-0.85-0.78-0.51-0.52-0.24-0.010.390.29-0.20-0.07-0.37-0.28-0.24-0.39-0.23-0.22-0.16-0.25-0.350.007.64-0.04-
Surprise---295.83%-33.33%-5.41%15.52%38.78%245.45%15.38%27.27%-2.08%-21.43%-17.71%-25.56%-42.86%-23.19%-25.81%-21.43%5.45%36.84%50.00%143.75%-14.71%-350.00%-75.00%21.28%20.00%25.00%-5.41%23.33%8.33%-9.40%-13.64%-41.88%100.00%-33.33%-
Timing---After-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-market--After-hours-

Key Statistics & Ratios

Market Cap116.20M
Enterprise Value237.01M
Trailing P/E0.00
Forward P/E16.29
Price / Sales0.22
Price / Book0.96
EPS-1.04
Book Value9.29
Revenue (TTM)536.00M
Gross Profit (TTM)74.53M
EBITDA8.64M
Profit Margin12.66%
Operating Margin-2.05%
Return on Equity283.76%
Return on Assets-4.42%
Shares Outstanding13.95M
Shares Float9.10M
Beta2.48
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Sell
Based on 1 analystsTarget 13.38
  • Strong Sell
    1

Ownership Breakdown

Institutions
88.18%
Insiders
3.08%
Retail / Other
8.74%

Top Institutional Holders

  • NewEdge Investment Solutions
    00.00%
  • State Street Corp
    00.00%
  • Susquehanna International Group, LLP
    00.00%
  • BlackRock Inc
    00.00%
  • Jane Street Group LLC
    00.00%
  • Wells Fargo & Co
    00.00%
  • Northern Trust Corp
    00.00%
  • Bridgeway Capital Management, LLC
    00.00%
  • BNP Paribas Arbitrage, SA
    00.00%
  • Morgan Stanley - Brokerage Accounts
    00.00%
  • Kestra Advisory Services, LLC
    00.00%
  • Legacy Advisors, LLC
    00.00%
  • SBI Securities Co Ltd
    00.00%
  • The Colony Group LLC
    00.00%
  • XTX Topco Ltd
    00.00%
  • HARBOUR INVESTMENTS, INC.
    00.00%
  • Williams & Novak LLC
    00.00%
  • Icon Wealth Advisors LLC
    00.00%

Top Fund Holders

  • Extended Equity Market Fund B
    230.14K1.65%
  • Extended Equity Market Fund E
    230.14K1.65%