NYSE:NEX NexTier Oilfield Solutions (NEX) Stock Forecast, Price & News $8.51 +0.21 (+2.53%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$8.33▼$8.6550-Day Range$7.35▼$8.7352-Week Range$6.66▼$12.50Volume3.04 million shsAverage Volume2.28 million shsMarket Capitalization$1.96 billionP/E Ratio3.70Dividend YieldN/APrice Target$13.35 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability NexTier Oilfield Solutions MarketRank™ ForecastAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside57.0% Upside$13.35 Price TargetShort InterestHealthy8.52% of Float Sold ShortDividend StrengthN/ASustainability-7.57Upright™ Environmental ScoreNews Sentiment0.81Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-2.77%From $2.53 to $2.46 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.2.01 out of 5 starsOils/Energy Sector168th out of 241 stocksOil & Gas Field Services, Not Elsewhere Classified Industry11th out of 19 stocks 3.3 Analyst's Opinion Consensus RatingNexTier Oilfield Solutions has received a consensus rating of Buy. The company's average rating score is 2.57, and is based on 3 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.35, NexTier Oilfield Solutions has a forecasted upside of 57.0% from its current price of $8.51.Amount of Analyst CoverageNexTier Oilfield Solutions has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted8.52% 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 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NexTier Oilfield Solutions has recently decreased by 2.10%, indicating that investor sentiment is improving. 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 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNexTier Oilfield Solutions has received a -78.20% 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 -7.57. Previous Next 2.7 News and Social Media Coverage News SentimentNexTier Oilfield Solutions has a news sentiment score of 0.81. 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 0.62 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for NexTier Oilfield Solutions this week, compared to 3 articles on an average week.Search InterestOnly 12 people have searched for NEX on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added NexTier Oilfield Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 1.7 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 InsidersOnly 2.50% of the stock of NexTier Oilfield Solutions is held by insiders.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 -2.77% in the coming year, from $2.53 to $2.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NexTier Oilfield Solutions is 3.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 146.84.Price to Earnings Ratio vs. SectorThe P/E ratio of NexTier Oilfield Solutions is 3.70, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 51.53.Price to Earnings Growth RatioNexTier Oilfield Solutions has a PEG Ratio of 1.28. 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 2.64. 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 HeadlinesJune 6, 2023 | fortune.comNexTier Oilfield SolutionsJune 2, 2023 | finance.yahoo.comInvestors in NexTier Oilfield Solutions (NYSE:NEX) have seen strong returns of 152% over the past three yearsJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.June 2, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Price Target Cut to $7.00June 2, 2023 | americanbankingnews.comBrokerages Set NexTier Oilfield Solutions Inc. (NYSE:NEX) Target Price at $13.54May 21, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Research Coverage Started at StockNews.comMay 10, 2023 | americanbankingnews.comNexTier Oilfield Solutions Inc. (NYSE:NEX) Receives Average Rating of "Moderate Buy" from BrokeragesMay 8, 2023 | marketwatch.comOilfield Services Market Size, Share & Trends Analysis Report, 2030June 8, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 2, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Price Target Cut to $13.00April 29, 2023 | msn.comCitigroup Maintains NexTier Oilfield Solutions (NEX) Buy RecommendationApril 28, 2023 | markets.businessinsider.comCitigroup Reaffirms Their Buy Rating on Nextier Oilfield Solutions (NEX)April 27, 2023 | marketwatch.com8-K: NEXTIER OILFIELD SOLUTIONS INC.April 27, 2023 | finance.yahoo.comQ1 2023 Nextier Oilfield Solutions Inc Earnings CallApril 26, 2023 | seekingalpha.comNexTier Oilfield Solutions Inc. (NEX) Q1 2023 Earnings Call TranscriptApril 26, 2023 | finanznachrichten.deNexTier Oilfield Solutions: NexTier Announces First Quarter 2023 Financial and Operational ResultsApril 25, 2023 | finance.yahoo.comNexTier Oilfield Solutions (NEX) Surpasses Q1 Earnings and Revenue EstimatesApril 25, 2023 | chron.comNexTier Oilfield Solutions: Q1 Earnings SnapshotApril 25, 2023 | msn.comNexTier Oilfield Solutions Non-GAAP EPS of $0.66 beats by $0.08, revenue of $935.7M beats by $8.76MApril 25, 2023 | finance.yahoo.comNexTier Announces First Quarter 2023 Financial and Operational ResultsApril 24, 2023 | msn.comBest Value Stocks to Buy for April 24thApril 24, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NEX) to Release Earnings on TuesdayApril 20, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Shares Gap Down to $8.39April 19, 2023 | msn.comB of A Securities Downgrades Nextier Oilfield Solutions (NEX)April 19, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Downgraded to Underperform at Bank of AmericaApril 18, 2023 | finance.yahoo.comIs NexTier Oilfield Solutions (NEX) Stock Undervalued Right Now?April 18, 2023 | finance.yahoo.comNexTier Oilfield Solutions Inc. (NYSE:NEX) Might Not Be As Mispriced As It LooksSee More Headlines NEX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEX Company Calendar Last Earnings4/25/2023Today6/07/2023Next Earnings (Estimated)7/25/2023Fiscal 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$13.35 High Stock Price Forecast$19.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+57.0%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.30 Trailing P/E Ratio3.70 Forward P/E Ratio3.36 P/E Growth1.28Net Income$314.97 million Net Margins15.80% Pretax Margin13.07% Return on Equity63.92% Return on Assets28.16% Debt Debt-to-Equity Ratio0.36 Current Ratio1.21 Quick Ratio1.11 Sales & Book Value Annual Sales$3.24 billion Price / Sales0.60 Cash Flow$2.53 per share Price / Cash Flow3.36 Book Value$3.22 per share Price / Book2.64Miscellaneous Outstanding Shares230,500,000Free Float224,736,000Market Cap$1.96 billion OptionableOptionable Beta2.08 Key ExecutivesRobert Wayne DrummondPresident, Chief Executive Officer & DirectorMatthew R. 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:ACDCExpro GroupNYSE:XPROOceaneering InternationalNYSE:OIIProFracNASDAQ:PFHCRPCNYSE:RESView All CompetitorsInstitutional OwnershipMacquarie Group Ltd.Bought 2,695,045 shares on 6/1/2023Ownership: 3.302%ProShare Advisors LLCBought 2,426 shares on 5/26/2023Ownership: 0.011%Ameriprise Financial Inc.Bought 652,662 shares on 5/22/2023Ownership: 0.378%Putnam Investments LLCSold 2,480 shares on 5/22/2023Ownership: 0.025%New York State Common Retirement FundSold 32,458 shares on 5/18/2023Ownership: 0.040%View All Institutional Transactions NEX Stock - Frequently Asked Questions Should I buy or sell NexTier Oilfield Solutions stock right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last twelve months. There are currently 1 sell rating, 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 12-month price targets for NexTier Oilfield Solutions' shares. Their NEX share price forecasts range from $7.00 to $19.00. On average, they predict the company's share price to reach $13.35 in the next year. This suggests a possible upside of 57.0% 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 the year. Since then, NEX shares have decreased by 8.0% and is now trading at $8.5050. 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, July 25th 2023. View our NEX earnings forecast. How were NexTier Oilfield Solutions' earnings last quarter? NexTier Oilfield Solutions Inc. (NYSE:NEX) announced its quarterly earnings data on Tuesday, April, 25th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. The firm had revenue of $935.67 million for the quarter, compared to the consensus estimate of $926.41 million. NexTier Oilfield Solutions had a net margin of 15.80% and a trailing twelve-month return on equity of 63.92%. 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), Invesco S&P SmallCap Energy ETF (PSCE), Invesco Dynamic Oil & Gas Services ETF (PXJ), Invesco DWA Energy Momentum ETF (PXI), VanEck Oil Services ETF (OIH), Alpha Architect U.S. Quantitative Value ETF (QVAL), Direxion Daily Oil Services Bull 2X Shares (ONG) and iShares U.S. Oil Equipment & Services ETF (IEZ). 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 Cerberus Capital Management L.P. (11.90%), BlackRock Inc. (11.38%), FMR LLC (7.57%), State Street Corp (3.62%), Dimensional Fund Advisors LP (3.35%) and Principal Financial Group Inc. (3.31%). 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 $8.51. How much money does NexTier Oilfield Solutions make? NexTier Oilfield Solutions (NYSE:NEX) has a market capitalization of $1.96 billion and generates $3.24 billion in revenue each year. The company earns $314.97 million in net income (profit) each year or $2.30 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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