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NYSE:NINE

Nine Energy Service (NINE) Stock Price, News & Analysis

Nine Energy Service logo
$1.26 -0.08 (-5.90%)
As of 01/10/2025 03:58 PM Eastern

About Nine Energy Service Stock (NYSE:NINE)

Key Stats

Today's Range
$1.17
$1.43
50-Day Range
$0.90
$1.75
52-Week Range
$0.75
$3.26
Volume
2.20 million shs
Average Volume
3.09 million shs
Market Capitalization
$53.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. It offers 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. The company 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, it 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.

Nine Energy Service Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
14th Percentile Overall Score

NINE MarketRank™: 

Nine Energy Service scored higher than 14% of companies evaluated by MarketBeat, and ranked 253rd out of 274 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Nine Energy Service.

  • Earnings Growth

    Earnings for Nine Energy Service are expected to grow in the coming year, from ($1.12) to ($0.75) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nine Energy Service is -1.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nine Energy Service is -1.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Percentage of Shares Shorted

    12.35% of the float of Nine Energy Service has been sold short.
  • Short Interest Ratio / Days to Cover

    Nine Energy Service has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nine Energy Service has recently increased by 0.53%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Nine Energy Service does not currently pay a dividend.

  • Dividend Growth

    Nine Energy Service does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    12.35% of the float of Nine Energy Service has been sold short.
  • Short Interest Ratio / Days to Cover

    Nine Energy Service has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Nine Energy Service has recently increased by 0.53%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Nine Energy Service has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Oils/Energy companies.
  • Search Interest

    Only 4 people have searched for NINE on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Nine Energy Service to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nine Energy Service insiders have bought 603.31% more of their company's stock than they have sold. Specifically, they have bought $840,050.00 in company stock and sold $119,443.00 in company stock.

  • Percentage Held by Insiders

    Only 6.20% of the stock of Nine Energy Service is held by insiders.

  • Percentage Held by Institutions

    57.61% of the stock of Nine Energy Service is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Nine Energy Service's insider trading history.
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NINE Stock News Headlines

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Nine Energy Service Reports Q3 2024 Financial Results
Nine Energy Service receives noncompliance notification from NYSE
Nine Energy Service Faces NYSE Delisting Risk
See More Headlines

NINE Stock Analysis - Frequently Asked Questions

Nine Energy Service's stock was trading at $1.12 on January 1st, 2025. Since then, NINE stock has increased by 12.6% and is now trading at $1.2610.
View the best growth stocks for 2025 here
.

Nine Energy Service, Inc. (NYSE:NINE) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported ($0.51) earnings per share for the quarter, missing analysts' consensus estimates of ($0.49) by $0.02. The business earned $92.87 million during the quarter, compared to the consensus estimate of $98.60 million.

Nine Energy Service (NINE) raised $150 million in an initial public offering on Friday, January 19th 2018. The company issued 7,000,000 shares at $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Wells Fargo Securities, BofA Merrill Lynch and Credit Suisse acted as the underwriters for the IPO and Raymond James, Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, HSBC, Scotia Howard Weil and UBS Investment Bank were co-managers.

Shares of NINE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nine Energy Service investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Super Micro Computer (SMCI), CrowdStrike (CRWD), Pfizer (PFE).

Company Calendar

Last Earnings
11/03/2021
Today
1/10/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
Petroleum And Natural Gas
Employees
940
Year Founded
N/A

Profitability

Net Income
$-32,210,000.00
Pretax Margin
-7.55%

Debt

Sales & Book Value

Annual Sales
$556.75 million
Cash Flow
$1.08 per share
Book Value
($1.01) per share

Miscellaneous

Free Float
39,737,000
Market Cap
$53.42 million
Optionable
Optionable
Beta
3.54
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This page (NYSE:NINE) was last updated on 1/11/2025 by MarketBeat.com Staff
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