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

NEX Stock Analysis - Frequently Asked Questions

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) announced its quarterly earnings data on Monday, November, 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. NexTier Oilfield Solutions's revenue for the quarter 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: 12/20/2024
• 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