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NYSE:NINE

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

Nine Energy Service logo
$1.22 +0.04 (+3.39%)
(As of 09:30 AM ET)

About Nine Energy Service Stock (NYSE:NINE)

Key Stats

Today's Range
$1.22
$1.22
50-Day Range
$0.82
$1.43
52-Week Range
$0.75
$3.26
Volume
1,745 shs
Average Volume
660,165 shs
Market Capitalization
$51.68 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
8th Percentile Overall Score

NINE MarketRank™: 

Nine Energy Service scored higher than 8% of companies evaluated by MarketBeat, and ranked 259th out of 264 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 ($1.10) to ($0.70) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nine Energy Service is -1.02, 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 -1.02, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Read more about Nine Energy Service's valuation and earnings.
  • Percentage of Shares Shorted

    9.85% 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 4.7.
  • Change versus previous month

    Short interest in Nine Energy Service has recently increased by 19.38%, indicating that investor sentiment is decreasing significantly.
  • 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

    9.85% 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 4.7.
  • Change versus previous month

    Short interest in Nine Energy Service has recently increased by 19.38%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Nine Energy Service has a news sentiment score of 0.27. 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 0.67 average news sentiment score of Oils/Energy companies.
  • Search Interest

    5 people have searched for NINE on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Nine Energy Service to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nine Energy Service insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,358.00 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
See More Headlines

NINE Stock Analysis - Frequently Asked Questions

Nine Energy Service's stock was trading at $2.68 at the start of the year. Since then, NINE stock has decreased by 54.5% and is now trading at $1.22.
View the best growth stocks for 2024 here
.

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

Nine Energy Service (NINE) raised $150 million in an IPO on Friday, January 19th 2018. The company issued 7,000,000 shares at a price of $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.

Top institutional shareholders 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
.

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), Palantir Technologies (PLTR) and Pfizer (PFE).

Company Calendar

Last Earnings
11/03/2021
Today
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
3/06/2025

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Employees
1,157
Year Founded
N/A

Profitability

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

Debt

Sales & Book Value

Annual Sales
$609.53 million
Cash Flow
$0.98 per share
Book Value
($1.01) per share

Miscellaneous

Free Float
40,034,000
Market Cap
$49.98 million
Optionable
Optionable
Beta
3.31
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This page (NYSE:NINE) was last updated on 11/21/2024 by MarketBeat.com Staff
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