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The Next Big Crisis Is Here (Ad)
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How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Why Lucid Spiked Nearly 100% In One Day
The Next Big Crisis Is Here (Ad)
Is Buying an Aged Corporation a Good Idea?
MarketBeat Week in Review – 1/23- 1/27
The Next Big Crisis Is Here (Ad)
Visa, L3Harris rise; Intel, Eastman Chemical fall
How major US stock indexes fared Friday 1/27/2023
The Next Big Crisis Is Here (Ad)
Closing prices for crude oil, gold and other commodities
Stocks drift as strong week for Wall Street heads for close
NYSE:NEX

NexTier Oilfield Solutions - NEX Stock Forecast, Price & News

$8.85
-0.28 (-3.07%)
(As of 01/27/2023 12:00 AM ET)
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Compare
Today's Range
$8.80
$9.19
50-Day Range
$8.45
$10.43
52-Week Range
$5.78
$12.50
Volume
1.99 million shs
Average Volume
2.94 million shs
Market Capitalization
$2.17 billion
P/E Ratio
11.49
Dividend Yield
N/A
Price Target
$13.73

NexTier Oilfield Solutions MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
55.1% Upside
$13.73 Price Target
Short Interest
Healthy
4.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
-8.01
Upright™ Environmental Score
News Sentiment
1.48mentions of NexTier Oilfield Solutions in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
73.68%
From $1.33 to $2.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Oils/Energy Sector

42nd out of 244 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

7th out of 21 stocks


NEX stock logo

About NexTier Oilfield Solutions (NYSE:NEX) Stock

NexTier 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.

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NEX Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
NexTier Releases 2021 Corporate Responsibility Report
Should Value Investors Buy Liberty Energy (LBRT) Stock?
Barclays Keeps Their Buy Rating on Nextier Oilfield Solutions (NEX)
See More Headlines
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NEX Company Calendar

Last Earnings
11/08/2021
Today
1/28/2023
Next Earnings (Confirmed)
2/15/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
3,340
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.73
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+55.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$-119,420,000.00
Pretax Margin
6.78%

Debt

Sales & Book Value

Annual Sales
$1.42 billion
Cash Flow
$0.26 per share
Book Value
$2.26 per share

Miscellaneous

Free Float
214,839,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
2.07

Key Executives

  • Robert Wayne Drummond
    President, Chief Executive Officer & Director
  • Matthew Gillard
    Chief Operating Officer & Executive Vice President
  • Kenneth H. Pucheu
    Chief Financial Officer & Executive Vice President
  • Kevin M. McDonald
    Secretary, Chief Administrative Officer & EVP
  • Oladipo Iluyomade
    Treasurer, Chief Accounting Officer & VP













NEX Stock - Frequently Asked Questions

Should I buy or sell NexTier Oilfield Solutions stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last twelve months. There are currently 4 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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?

8 analysts have issued 1-year price objectives for NexTier Oilfield Solutions' shares. Their NEX share price forecasts range from $9.00 to $19.00. On average, they anticipate the company's share price to reach $13.73 in the next twelve months. This suggests a possible upside of 55.1% 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 start of the year. Since then, NEX shares have decreased by 4.2% and is now trading at $8.85.
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 December. As of December 30th, there was short interest totaling 8,250,000 shares, an increase of 36.8% from the December 15th total of 6,030,000 shares. Based on an average daily volume of 3,120,000 shares, the days-to-cover ratio is currently 2.6 days. Approximately 4.3% of the shares of the company are short sold.
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, February 15th 2023.
View our NEX earnings forecast
.

How can I listen to NexTier Oilfield Solutions' earnings call?

NexTier Oilfield Solutions will be holding an earnings conference call on Thursday, February 16th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7728864".

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) released its earnings results on Monday, November, 8th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. The company had revenue of $393.20 million for the quarter, compared to analysts' expectations of $403.95 million. NexTier Oilfield Solutions had a trailing twelve-month return on equity of 38.98% and a net margin of 6.69%. The firm's revenue was up 140.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.41) EPS.

What guidance has NexTier Oilfield Solutions issued on next quarter's earnings?

NexTier Oilfield Solutions updated its fourth quarter 2022 earnings guidance on Tuesday, November, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $860.17 million-$878.09 million, compared to the consensus revenue estimate of $874.05 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 retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.53%), Calamos Advisors LLC (0.04%), Strs Ohio (0.03%), Allspring Global Investments Holdings LLC (0.02%), K.J. Harrison & Partners Inc (0.01%) and New York State Teachers Retirement System (0.01%). 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 $8.85.

How much money does NexTier Oilfield Solutions make?

NexTier Oilfield Solutions (NYSE:NEX) has a market capitalization of $2.17 billion and generates $1.42 billion in revenue each year. The company earns $-119,420,000.00 in net income (profit) each year or $0.77 on an earnings per share basis.

How many employees does NexTier Oilfield Solutions have?

The company employs 3,340 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 1/28/2023 by MarketBeat.com Staff