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S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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DOW   33,550.27
QQQ   355.04
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DOD Consultant's big 2024 prediction looks to be coming true (Ad)
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DOD Consultant's big 2024 prediction looks to be coming true (Ad)
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How You Can Reverse Engineer Michael Burry's Latest Buy
NYSE:NEX

NexTier Oilfield Solutions (NEX) Stock Forecast, Price & News

$10.69
+0.08 (+0.75%)
(As of 09/1/2023)
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™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
16.7% Upside
$12.48 Price Target
Short Interest
Bearish
5.95% of Float Sold Short
Dividend Strength
N/A
Sustainability
-7.57
Upright™ Environmental Score
News Sentiment
0.91mentions of NexTier Oilfield Solutions in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$5.61 M Sold Last Quarter
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.

1.68 out of 5 stars

Energy Sector

7th out of 8 stocks

Oil & Gas Equipment & Services Industry

1st out of 1 stocks


NEX stock logo

About NexTier Oilfield Solutions (NYSE:NEX) Stock

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 Price History

NEX Stock News Headlines

His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
3 Energy Investments for Every Day Traders
The Bio-Tech Stock That Needs Your Attention!
There a Few Opportunities Like This Stock! Sign Up Today And Get Our NExt Bio-Tech Alert!
See More Headlines
Receive NEX Stock News and Ratings via Email

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NEX Company Calendar

Last Earnings
7/25/2023
Today
9/28/2023
Next Earnings (Estimated)
10/24/2023
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 Forecast
$12.48
High Stock Price Forecast
$19.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+16.7%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 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 - Frequently Asked Questions

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

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last twelve months. There are currently 1 sell rating, 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities 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 forecast for 2023?

7 Wall Street analysts have issued 1 year price targets for NexTier Oilfield Solutions' stock. Their NEX share price forecasts range from $7.00 to $19.00. On average, they expect the company's stock 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 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 increased by 15.7% and is now trading at $10.69.
View the best growth stocks for 2023 here
.

When is NexTier Oilfield Solutions' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our NEX earnings forecast
.

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) announced its quarterly earnings results on Tuesday, July, 25th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.61 by $0.03. The firm earned $945.09 million during the quarter, compared to analysts' expectations of $948.66 million. NexTier Oilfield Solutions had a net margin of 17.59% and a trailing twelve-month return on equity of 61.01%.

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 BlackRock Inc. (11.59%), Dimensional Fund Advisors LP (3.84%), State Street Corp (3.32%), Principal Financial Group Inc. (2.87%), Van ECK Associates Corp (2.02%) and Fisher Asset Management LLC (1.75%). 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
.

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 $10.69.

How much money does NexTier Oilfield Solutions make?

NexTier Oilfield Solutions (NYSE:NEX) has a market capitalization of $2.44 billion and generates $3.65 billion in revenue each year. The company earns $314.97 million in net income (profit) each year or $2.67 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 9/28/2023 by MarketBeat.com Staff

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