NYSE:NEX NexTier Oilfield Solutions - NEX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding NexTier Oilfield Solutions Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $7.37 -0.16 (-2.12%) (As of 03/23/2023 04:32 PM ET) Add Compare Share Share Today's Range$7.24▼$7.7950-Day Range$7.53▼$10.6752-Week Range$6.66▼$12.50Volume4.58 million shsAverage Volume4.68 million shsMarket Capitalization$1.72 billionP/E Ratio5.80Dividend YieldN/APrice Target$13.59 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability NexTier Oilfield Solutions MarketRank™ ForecastAnalyst RatingModerate Buy2.71 Rating ScoreUpside/Downside82.4% Upside$13.59 Price TargetShort InterestBearish6.04% of Float Sold ShortDividend StrengthN/ASustainability-8.01Upright™ Environmental ScoreNews Sentiment0.97Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.24%From $2.48 to $2.35 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsOils/Energy Sector174th out of 243 stocksOil & Gas Field Services, Not Elsewhere Classified Industry14th out of 19 stocks 3.4 Analyst's Opinion Consensus RatingNexTier Oilfield Solutions has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.59, NexTier Oilfield Solutions has a forecasted upside of 82.4% from its current price of $7.45.Amount of Analyst CoverageNexTier Oilfield Solutions has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.04% of the float of NexTier Oilfield Solutions has been sold short.Short Interest Ratio / Days to CoverNexTier Oilfield Solutions has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NexTier Oilfield Solutions has recently increased by 11.66%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNexTier Oilfield Solutions does not currently pay a dividend.Dividend GrowthNexTier Oilfield Solutions does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNexTier Oilfield Solutions has received a -184.28% net impact score from Upright. The largest negative impact of Nextier Oilfield Solutions in category "GHG emissions" seems to be driven mostly by its "Oil drilling services", "Natural gas drilling services", and "Oil drilling engineering services" products. See details.Environmental SustainabilityThe Environmental Impact score for NexTier Oilfield Solutions is -8.01. Previous Next 2.8 News and Social Media Coverage News SentimentNexTier Oilfield Solutions has a news sentiment score of 0.97. 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 higher news sentiment than the 0.47 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 4 news articles for NexTier Oilfield Solutions this week, compared to 2 articles on an average week.Search InterestOnly 29 people have searched for NEX on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added NexTier Oilfield Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NexTier Oilfield Solutions insiders have not sold or bought any company stock.Percentage Held by Insiders12.50% of the stock of NexTier Oilfield Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions76.09% 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. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for NexTier Oilfield Solutions are expected to decrease by -5.24% in the coming year, from $2.48 to $2.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NexTier Oilfield Solutions is 5.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.04.Price to Earnings Ratio vs. SectorThe P/E ratio of NexTier Oilfield Solutions is 5.87, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 62.33.Price to Earnings Growth RatioNexTier Oilfield Solutions has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNexTier Oilfield Solutions has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About NexTier Oilfield Solutions (NYSE:NEX) StockNexTier Oilfield Solutions, Inc.is an oilfield service company. It offers completion solutions, hydraulic fracturing, wire line, pump down, coiled tubing, cementing, rig services, special services, and fluids management services. The company operates through the following segments: Completion Services, Well Construction and Intervention Services, and Well Support Services. The Completion Services segment consists of fracturing services, wireline and pumping services, and completion support services, which includes the research and technology (R&T) department. The Well Construction and Intervention Services segment consists of cementing services and coiled tubing services. The Well Support Services segment consists of rig services, fluids management services, and specialty well site services. The company was founded on October 13, 2016 and is headquartered in Houston, TX.Read More Receive NEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NexTier Oilfield Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address NEX Stock News HeadlinesMarch 21, 2023 | finance.yahoo.comWall Street Analysts See NexTier Oilfield Solutions (NEX) as a Buy: Should You Invest?March 21, 2023 | americanbankingnews.comAnalysts Set NexTier Oilfield Solutions Inc. (NYSE:NEX) PT at $13.59March 23, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 20, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Research Coverage Started at StockNews.comMarch 14, 2023 | msn.comNexTier Oilfield Solutions (NEX) Stock Sinks As Market Gains: What You Should KnowMarch 7, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: ITT (ITT) and Nextier Oilfield Solutions (NEX)February 20, 2023 | finance.yahoo.comShould Value Investors Buy NexTier Oilfield Solutions (NEX) Stock?February 17, 2023 | markets.businessinsider.comCitigroup Keeps Their Buy Rating on Nextier Oilfield Solutions (NEX)March 23, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.February 16, 2023 | markets.businessinsider.comBarclays Reaffirms Their Buy Rating on Nextier Oilfield Solutions (NEX)February 16, 2023 | finanznachrichten.deNexTier Oilfield Solutions: NexTier Announces Fourth Quarter and Full Year 2022 Financial and Operational ResultsFebruary 16, 2023 | marketwatch.comThe Impact of New Technology on the Oilfield Services Market: An Expert Perspective (2023-2028)February 15, 2023 | finance.yahoo.comNexTier Announces Fourth Quarter and Full Year 2022 Financial and Operational ResultsFebruary 15, 2023 | finance.yahoo.comNexTier Oilfield Solutions (NEX) Q4 Earnings Surpass EstimatesFebruary 14, 2023 | finance.yahoo.comBrightNight Adds Lenard Tessler to Its Advisory BoardFebruary 7, 2023 | finance.yahoo.comShould You Invest in NexTier Oilfield Solutions (NEX) Based on Bullish Wall Street Views?February 5, 2023 | finance.yahoo.comNexTier Oilfield Solutions Inc. (NYSE:NEX) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?January 25, 2023 | finance.yahoo.comLiberty Oilfield Services (LBRT) Tops Q4 Earnings and Revenue EstimatesJanuary 15, 2023 | finance.yahoo.comNexTier Oilfield Solutions (NYSE:NEX) Is Achieving High Returns On Its CapitalJanuary 11, 2023 | finance.yahoo.comNexTier Oilfield Solutions (NEX) Outpaces Stock Market Gains: What You Should KnowJanuary 4, 2023 | markets.businessinsider.comMorgan Stanley Keeps Their Hold Rating on Nextier Oilfield Solutions (NEX)December 30, 2022 | msn.comNexTier Oilfield Solutions (NEX) Gains As Market Dips: What You Should KnowDecember 28, 2022 | nasdaq.comThe Zacks Analyst Blog Highlights Murphy USA, NexTier Oilfield Solutions, Phillips 66, ProPetro Holding and Liberty EnergyDecember 16, 2022 | marketwatch.comOilfield Services Market Size 2022 - 2028 Selling Price, Global Revenue, Growth Factor, Market Share by player, growth analysis.December 16, 2022 | finance.yahoo.comZacks Value Investor Highlights: NexTier Oilfield Solutions, JinkoSolar Holding, Albemarle, Wintrust Financial and Wells FargoDecember 15, 2022 | finance.yahoo.comNexTier Releases 2021 Corporate Responsibility ReportDecember 12, 2022 | finance.yahoo.comAre Investors Undervaluing NexTier Oilfield Solutions (NEX) Right Now?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NEX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for NexTier Oilfield Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address NEX Company Calendar Last Earnings2/15/2023Today3/23/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & gas field services, not elsewhere classified Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:NEX CUSIPN/A CIK1688476 Webnextierofs.com Phone(713) 325-6000FaxN/AEmployees4,302Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.59 High Stock Price Forecast$19.00 Low Stock Price Forecast$9.50 Forecasted Upside/Downside+80.7%Consensus RatingModerate Buy Rating Score (0-4)2.71 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$1.27 Trailing P/E Ratio5.92 Forward P/E Ratio3.03 P/E Growth1.26Net Income$314.97 million Net Margins9.71% Pretax Margin9.85% Return on Equity53.82% Return on Assets22.14% Debt Debt-to-Equity Ratio0.45 Current Ratio1.31 Quick Ratio1.19 Sales & Book Value Annual Sales$3.24 billion Price / Sales0.54 Cash Flow$2.33 per share Price / Cash Flow3.23 Book Value$3.22 per share Price / Book2.34Miscellaneous Outstanding Shares233,680,000Free Float204,470,000Market Cap$1.76 billion OptionableOptionable Beta2.10 Key ExecutivesRobert Wayne DrummondPresident, Chief Executive Officer & DirectorMatthew GillardChief Operating Officer & Executive Vice PresidentKenneth H. PucheuChief Financial Officer & Executive Vice PresidentKevin M. McDonaldSecretary, CAO, General Counsel & EVPBrian BidigareSenior Vice President – Operations SupportKey CompetitorsProFracNASDAQ:ACDCRPCNYSE:RESOceaneering InternationalNYSE:OIIProFracNASDAQ:PFHCExpro GroupNYSE:XPROView All CompetitorsInsiders & InstitutionsHeritage Wealth Management Inc. TexasBought 33,526 shares on 2/23/2023Ownership: 0.014%Truist Financial CorpBought 172,221 shares on 2/17/2023Ownership: 0.070%Alliancebernstein L.P.Sold 26,350 shares on 2/16/2023Ownership: 0.085%Point72 Middle East FZEBought 14,149 shares on 2/16/2023Ownership: 0.006%State of WyomingSold 14,616 shares on 2/16/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions NEX Stock - Frequently Asked Questions Should I buy or sell NexTier Oilfield Solutions stock right now? 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last year. There are currently 3 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" NEX shares. View NEX analyst ratings or view top-rated stocks. What is NexTier Oilfield Solutions' stock price forecast for 2023? 7 brokers have issued 1-year target prices for NexTier Oilfield Solutions' shares. Their NEX share price forecasts range from $9.50 to $19.00. On average, they expect the company's share price to reach $13.59 in the next year. This suggests a possible upside of 80.7% from the stock's current price. View analysts price targets for NEX or view top-rated stocks among Wall Street analysts. How have NEX shares performed in 2023? NexTier Oilfield Solutions' stock was trading at $9.24 at the beginning of 2023. Since then, NEX stock has decreased by 18.6% and is now trading at $7.52. View the best growth stocks for 2023 here. Are investors shorting NexTier Oilfield Solutions? NexTier Oilfield Solutions saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 9,430,000 shares, an increase of 15.0% from the January 31st total of 8,200,000 shares. Based on an average daily volume of 3,150,000 shares, the short-interest ratio is presently 3.0 days. Currently, 6.4% of the shares of the stock are sold short. View NexTier Oilfield Solutions' Short Interest. When is NexTier Oilfield Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our NEX earnings forecast. How were NexTier Oilfield Solutions' earnings last quarter? NexTier Oilfield Solutions Inc. (NYSE:NEX) released its quarterly earnings data on Wednesday, February, 15th. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.43 by $0.13. The business had revenue of $870.86 million for the quarter, compared to the consensus estimate of $871.20 million. NexTier Oilfield Solutions had a net margin of 9.71% and a trailing twelve-month return on equity of 53.82%. What ETFs hold NexTier Oilfield Solutions' stock? ETFs with the largest weight of NexTier Oilfield Solutions (NYSE:NEX) stock in their portfolio include SPDR S&P Oil & Gas Equipment & Services ETF (XES), VanEck Oil Services ETF (OIH), Invesco Dynamic Oil & Gas Services ETF (PXJ), Invesco DWA Energy Momentum ETF (PXI), Direxion Daily Oil Services Bull 2X Shares (ONG), iShares U.S. Oil Equipment & Services ETF (IEZ), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Invesco Raymond James SB-1 Equity ETF (RYJ). What guidance has NexTier Oilfield Solutions issued on next quarter's earnings? NexTier Oilfield Solutions updated its first quarter 2023 earnings guidance on Wednesday, February, 15th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $923.11M-, compared to the consensus revenue estimate of $941.24 million. What other stocks do shareholders of NexTier Oilfield Solutions own? Based on aggregate information from My MarketBeat watchlists, some companies that other NexTier Oilfield Solutions investors own include Geron (GERN), Arbutus Biopharma (ABUS), AIM ImmunoTech (AIM), Accuray (ARAY), Alliance Resource Partners (ARLP), Cisco Systems (CSCO), Inovio Pharmaceuticals (INO), Intel (INTC), Moderna (MRNA) and Micron Technology (MU). What is NexTier Oilfield Solutions' stock symbol? NexTier Oilfield Solutions trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEX." Who are NexTier Oilfield Solutions' major shareholders? NexTier Oilfield Solutions' stock is owned by a number of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (4.16%), Van ECK Associates Corp (3.20%), Dimensional Fund Advisors LP (2.62%), Fisher Asset Management LLC (1.81%), Boston Partners (1.76%) and Aristotle Capital Boston LLC (1.36%). Insiders that own company stock include Alamo Frac Holdings, Llc, Burns Lamphung Ngo, James Carl Stewart, Keane Investor Holdings Llc, Kenneth Pucheu, Kevin M Mcdonald and Michael Joseph Mckie. View institutional ownership trends. How do I buy shares of NexTier Oilfield Solutions? Shares of NEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is NexTier Oilfield Solutions' stock price today? One share of NEX stock can currently be purchased for approximately $7.52. How much money does NexTier Oilfield Solutions make? NexTier Oilfield Solutions (NYSE:NEX) has a market capitalization of $1.76 billion and generates $3.24 billion in revenue each year. The company earns $314.97 million in net income (profit) each year or $1.27 on an earnings per share basis. How many employees does NexTier Oilfield Solutions have? The company employs 4,302 workers across the globe. How can I contact NexTier Oilfield Solutions? NexTier Oilfield Solutions' mailing address is 3990 ROGERDALE RD., HOUSTON TX, 77042. The official website for the company is nextierofs.com. The company can be reached via phone at (713) 325-6000 or via email at marc.silverberg@icrinc.com. This page (NYSE:NEX) was last updated on 3/23/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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