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S&P 500   4,567.18
DOW   36,124.56
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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
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Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Lithium Discovery So BIG You Can't Miss it, Even From Space (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
What analysts wanted out of Chewy stock is finally here
The truth about DocuSign's relevancy in today's world: Surprise
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice

NexTier Oilfield Solutions Stock Price, News & Analysis (NYSE:NEX)

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$10.69
$10.69
50-Day Range
$10.51
$11.93
52-Week Range
$6.66
$11.99
Volume
600 shs
Average Volume
3.59 million shs
Market Capitalization
$2.44 billion
P/E Ratio
4.00
Dividend Yield
N/A
Price Target
$12.48

NexTier Oilfield Solutions MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
16.7% Upside
$12.48 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-7.57
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-20.83%
From $2.16 to $1.71 Per Share

Overall MarketRank

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

1.21 out of 5 stars

Energy Sector

28th out of 31 stocks

Oil & Gas Equipment & Services Industry

10th out of 10 stocks


NEX stock logo

About NexTier Oilfield Solutions Stock (NYSE:NEX)

As of September 1, 2023, NexTier Oilfield Solutions Inc. was acquired by Patterson-UTI Energy, Inc. NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates in two segments, Completion Services, and Well Construction and Intervention Services. The Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. This segment is also involved in the sand hauling, wellsite storage, and last mile logistics activities. The Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from its customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells. It serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.


NEX Stock News Headlines

Q3 2023 Patterson-UTI Energy Inc Earnings Call
New CBOE “special perk” helps traders target income every weekend
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You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.
3 Energy Investments for Every Day Traders
See More Headlines
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Company Calendar

Last Earnings
11/08/2021
Today
12/06/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Oil & Gas Equipment & Services
Sub-Industry
N/A
Sector
Energy
Fax
N/A
Employees
4,302
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.48
High Stock Price Target
$19.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+16.7%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$314.97 million
Pretax Margin
14.91%

Debt

Sales & Book Value

Annual Sales
$3.65 billion
Cash Flow
$2.46 per share
Book Value
$4.94 per share

Miscellaneous

Free Float
222,839,000
Market Cap
$2.44 billion
Optionable
Optionable
Beta
2.13
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Key Executives

  • Mr. Robert Wayne Drummond Jr. (Age 62)
    Pres, CEO, & Director
    Comp: $3.15M
  • Mr. Kenneth H. Pucheu (Age 45)
    Exec. VP & CFO
    Comp: $1.31M
  • Mr. Matthew R. Gillard (Age 51)
    Exec. VP & COO
    Comp: $1.31M
  • Mr. Oladipo O. Iluyomade (Age 45)
    VP, Chief Accounting Officer & Treasurer
    Comp: $501.07k
  • Mr. Kevin M. McDonald (Age 56)
    Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec.
    Comp: $1.38M
  • Mr. Michael James Sabella
    VP of Investor Relations & Bus. Devel.
  • Mr. Ian R. Henkes (Age 51)
    Sr. VP of Operations
  • Mr. William D. Driver (Age 57)
    Sr. VP of Product Lines














NEX Stock Analysis - Frequently Asked Questions

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

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last year. There are currently 1 sell rating, 3 hold ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NEX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NEX, but not buy additional shares or sell existing shares.
View NEX analyst ratings
or view top-rated stocks.

What is NexTier Oilfield Solutions' stock price target for 2024?

5 Wall Street research analysts have issued 1 year price targets for NexTier Oilfield Solutions' stock. Their NEX share price targets range from $7.00 to $19.00. On average, they anticipate the company's share price to reach $12.48 in the next year. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for NEX
or view top-rated stocks among Wall Street analysts.

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) posted its quarterly earnings results on Monday, November, 8th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by $0.01. The firm had revenue of $393.20 million for the quarter, compared to the consensus estimate of $403.95 million. NexTier Oilfield Solutions had a trailing twelve-month return on equity of 61.01% and a net margin of 17.59%. NexTier Oilfield Solutions's revenue was up 140.2% compared to the same quarter last year. During the same period last year, the company earned ($0.41) EPS.

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).

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 PEAK6 Investments LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). 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, Michael Joseph Mckie, Oladipo Iluyomade and Robert Wayne Drummond Jr.
View institutional ownership trends
.

This page (NYSE:NEX) was last updated on 12/6/2023 by MarketBeat.com Staff

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