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NYSE:NEX

NexTier Oilfield Solutions - NEX Stock Forecast, Price & News

$7.37
-0.16 (-2.12%)
(As of 03/23/2023 04:32 PM ET)
Add
Compare
Today's Range
$7.24
$7.79
50-Day Range
$7.53
$10.67
52-Week Range
$6.66
$12.50
Volume
4.58 million shs
Average Volume
4.68 million shs
Market Capitalization
$1.72 billion
P/E Ratio
5.80
Dividend Yield
N/A
Price Target
$13.59

NexTier Oilfield Solutions MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
82.4% Upside
$13.59 Price Target
Short Interest
Bearish
6.04% of Float Sold Short
Dividend Strength
N/A
Sustainability
-8.01
Upright™ Environmental Score
News Sentiment
0.97mentions of NexTier Oilfield Solutions in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-5.24%
From $2.48 to $2.35 Per Share

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 stars

Oils/Energy Sector

174th out of 243 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

14th out of 19 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

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.
Citigroup Keeps Their Buy Rating on Nextier Oilfield Solutions (NEX)
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.
Barclays Reaffirms Their Buy Rating on Nextier Oilfield Solutions (NEX)
BrightNight Adds Lenard Tessler to Its Advisory Board
NexTier Releases 2021 Corporate Responsibility Report
See More Headlines
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NEX Company Calendar

Last Earnings
2/15/2023
Today
3/23/2023
Next Earnings (Estimated)
4/26/2023
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
4,302
Year Founded
N/A

Price 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 Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$314.97 million
Pretax Margin
9.85%

Debt

Sales & Book Value

Annual Sales
$3.24 billion
Cash Flow
$2.33 per share
Book Value
$3.22 per share

Miscellaneous

Free Float
204,470,000
Market Cap
$1.76 billion
Optionable
Optionable
Beta
2.10

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, CAO, General Counsel & EVP
  • Brian Bidigare
    Senior Vice President – Operations Support













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 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