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

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.

Key Stats

• Today's Range: $0.88 to $1.02
• 50-Day Range: $0.82 to $1.75
• 52-Week Range: $0.75 to $3.26
• Volume: 1.12 million shs
• Average Volume: 707,699 shs
• Market Capitalization: $42.36 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Nine Energy Service Stock Analysis - MarketRank™

Nine Energy Service scored higher than 17% of companies evaluated by MarketBeat, and ranked 239th out of 270 stocks in the oils/energy sector. 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 Nine Energy Service.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

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 -0.83, 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 -0.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

12.42% 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 4.3.

Change versus previous month

Short interest in Nine Energy Service has recently decreased by 7.82%, indicating that investor sentiment is improving significantly.

Dividend

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

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

12.42% 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 4.3.

Change versus previous month

Short interest in Nine Energy Service has recently decreased by 7.82%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: N/A

News Sentiment

Nine Energy Service has a news sentiment score of 0.18. 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 lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Nine Energy Service this week, compared to 3 articles on an average week.

Search Interest

11 people have searched for NINE on MarketBeat in the last 30 days. This is an increase of 120% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Nine Energy Service to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

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.

NINE Stock Analysis - Frequently Asked Questions

How have NINE shares performed this year?

Nine Energy Service's stock was trading at $2.68 at the start of the year. Since then, NINE shares have decreased by 62.7% and is now trading at $1.00.
View the best growth stocks for 2024 here.

How were Nine Energy Service's earnings last quarter?

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

When did Nine Energy Service IPO?

Nine Energy Service (NINE) raised $150 million in an initial public offering (IPO) 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 served 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.

Who are Nine Energy Service's major shareholders?

Top institutional investors of Nine Energy Service include GSA Capital Partners LLP (0.56%). Insiders that own company stock include Warren Lynn Frazier, David Crombie, Theodore R Moore, Guy Sirkes, S Brett Luz, Ernie L Danner and Darryl Keith Willis.
View institutional ownership trends.

How do I buy shares of Nine Energy Service?

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.

What other stocks do shareholders of Nine Energy Service own?

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: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Oil & gas field services, not elsewhere classified
• Sub-Industry: N/A
• Current Symbol: NYSE:NINE
• CUSIP: N/A
• CIK: 1532286
• Web: nineenergyservice.com
• Phone: (281) 730-5100
• Fax: 281-605-1318
• Employees: 1,157
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.20)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-32,210,000.00
• Net Margins: -7.64%
• Pretax Margin: -7.55%
• Return on Equity: N/A
• Return on Assets: -11.22%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.46
• Quick Ratio: 1.59

Sales & Book Value

• Annual Sales: $556.75 million
• Price / Sales: 0.08
• Cash Flow: $0.85 per share
• Price / Cash Flow: 1.17
• Book Value: ($1.01) per share
• Price / Book: -0.99

Miscellaneous

• Outstanding Shares: 42,364,000
• Free Float: 39,737,000
• Market Cap: $42.36 million
• Optionable: Optionable
• Beta: 3.50