NexTier Oilfield Solutions (NEX) Stock Price, News & Analysis

Company Overview

As of September 1, 2023, NexTier Oilfield Solutions Inc. was acquired by Patterson-UTI Energy, Inc. NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates in two segments, Completion Services, and Well Construction and Intervention Services. The Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. This segment is also involved in the sand hauling, wellsite storage, and last mile logistics activities. The Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from its customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells. It serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.

Key Stats

• Today's Range: $10.38 to $10.78
• 50-Day Range: $10.51 to $11.93
• 52-Week Range: $6.66 to $11.99
• Volume: 16.98 million shs
• Average Volume: 3.59 million shs
• Market Capitalization: $2.42 billion
• P/E Ratio: 3.97
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NexTier Oilfield Solutions Stock Analysis - MarketRank™

NexTier Oilfield Solutions scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for NexTier Oilfield Solutions.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -20.83%

Earnings Growth

Earnings for NexTier Oilfield Solutions are expected to decrease by -20.83% in the coming year, from $2.16 to $1.71 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of NexTier Oilfield Solutions is 3.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of NexTier Oilfield Solutions is 3.97, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 98.51.

Price to Earnings Growth Ratio

NexTier Oilfield Solutions has a PEG Ratio of 1.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

NexTier Oilfield Solutions has a P/B Ratio of 2.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NEX.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

NexTier Oilfield Solutions does not currently pay a dividend.

Dividend Growth

NexTier Oilfield Solutions does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 0.4 / 5
• Environmental Score: -7.57

Short Interest

There is no current short interest data available for NEX.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for NexTier Oilfield Solutions this week, compared to 0 articles on an average week.

Search Interest

Only 1 people have searched for NEX on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, NexTier Oilfield Solutions insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of NexTier Oilfield Solutions is held by insiders.

Percentage Held by Institutions

92.15% of the stock of NexTier Oilfield Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NEX Stock Analysis - Frequently Asked Questions

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) posted its quarterly earnings results on Monday, November, 8th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.01. The business's revenue was up 140.2% on a year-over-year basis.

What other stocks do shareholders of NexTier Oilfield Solutions own?

Based on aggregate information from My MarketBeat watchlists, some other companies that NexTier Oilfield Solutions investors own include JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Ford Motor (F), Tesla (TSLA) and Bank of America (BAC).

Company Calendar

• Last Earnings: 11/08/2021
• Today: 11/14/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil & Gas Equipment & Services
• Sub-Industry: N/A
• Current Symbol: NYSE:NEX
• CUSIP: N/A
• CIK: 1688476
• Web: nextierofs.com
• Phone: (713) 325-6000
• Fax: N/A
• Employees: 4,302
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $2.67
• Trailing P/E Ratio: 3.97
• Forward P/E Ratio: 4.91
• P/E Growth: 1.94
• Net Income: $314.97 million
• Net Margins: 17.59%
• Pretax Margin: 14.91%
• Return on Equity: 61.01%
• Return on Assets: 28.93%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 1.37
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $3.65 billion
• Price / Sales: 0.66
• Cash Flow: $2.44 per share
• Price / Cash Flow: 4.35
• Book Value: $4.94 per share
• Price / Book: 2.15

Miscellaneous

• Outstanding Shares: 228,553,000
• Free Float: 222,839,000
• Market Cap: $2.42 billion
• Optionable: Optionable
• Beta: 2.13