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XASE
NINE
Market cap285mUSD
Sep 25, Last price  
8.60USD
1D
-0.35%
1Q
-33.13%
IPO
-66.61%
Name

Nine Energy Service Inc

Chart & performance

D1W1MN
XASE:NINE chart
P/E
—
P/S
0.51
EPS
—
Div yield, %
—
Shrs. gr., 5y
6.59%
Rev. gr., 5y
12.57%
Revenues
562m
+1.41%
425,872,000478,522,000282,354,000543,660,000827,174,000832,937,000310,851,000349,419,000593,382,000609,526,000554,104,000561,911,000
Net income
-51m
L+24.93%
52,751,000-39,117,000-70,911,000-67,682,000-52,983,000-217,751,000-378,948,000-64,575,00014,393,000-32,213,000-41,082,000-51,322,000
CFO
-7m
L
0140,367,000-3,290,0005,671,00089,577,000101,305,000-4,901,000-40,416,00016,672,00045,509,00013,195,000-7,306,000

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Profile

Nine Energy Service, Inc., headquartered in Houston, Texas, is a provider of onshore well completion solutions. The company primarily caters to the development of unconventional oil and gas resources throughout North American basins and globally. Its service offerings encompass several critical areas: Cementing Services: This involves expertly blending high-grade cement, water, and various solid and liquid additives to create a specialized slurry. This mixture is then pumped between the well's casing and the surrounding wellbore to ensure structural integrity and zonal isolation. Completion Tools: Nine Energy supplies a comprehensive array of specialized tools designed for well completion. These include, but are not limited to, liner hangers and their accessories, fracture isolation packers, frac sleeves, initial stage preparation tools, frac plugs, casing flotation devices, specialized open-hole float equipment, disk subs, composite cement retainers, and centralizers, with a particular focus on precision frac sleeve system technologies. Wireline Services: The company performs essential wireline operations, such as plug-and-perf completions. This advanced, multi-stage technique for cased-hole wells entails accurately deploying perforating guns and isolation tools to specific depths within the well. Coiled Tubing Services: Additionally, Nine Energy offers coiled tubing services, facilitating various wellbore intervention procedures. These operations utilize a continuous, flexible steel pipe, transported to the wellsite on a large spool, capable of extending up to 30,000 feet into the well. Originally incorporated in 2011 as NSC-Tripoint, Inc., the company adopted its current name, Nine Energy Service, Inc., in October of the same year.

Key people

Ann G. Fox
President, Chief Executive Officer, Director
Guy Sirkes
Chief Financial Officer, Senior Vice President · since 2020
Theodore Robert Moore
Senior Vice President, General Counsel, Secretary · since 2019
Ernie L. Danner
Chairman of the Board
Independent Director · since 2017
Independent Director · since 2013
Curtis F. Harrell
Independent Director · since 2017
Scott E. Schwinger
Independent Director · since 2017
Gary L. Thomas
Independent Director · since 2017
Independent Director · since 2017
Darryl Keith Willis
Independent Director · since 2018
IPO date
Jan 19, 2018
Employees
1,212
Domiciled in
US
Incorporated in
US
Legal address
C/O THE CORPORATION TRUST COMPANY
CORPORATION TRUST CENTER 1209 ORANGE ST
WILMINGTON, DE 19801
US
Headquarters
2001 Kirby Drive
Suite 200
Houston, TX 77019
US

Valuation

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