NYSE:NEX NexTier Oilfield Solutions (NEX) Stock Forecast, Price & News $10.69 +0.08 (+0.75%) (As of 09/1/2023) Add Compare Share Share Today's Range$10.69▼$10.6950-Day Range$10.51▼$11.9352-Week Range$6.66▼$11.99Volume600 shsAverage Volume3.59 million shsMarket Capitalization$2.44 billionP/E Ratio4.00Dividend YieldN/APrice Target$12.48 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability NexTier Oilfield Solutions MarketRank™ ForecastAnalyst RatingHold2.43 Rating ScoreUpside/Downside16.7% Upside$12.48 Price TargetShort InterestBearish5.95% of Float Sold ShortDividend StrengthN/ASustainability-7.57Upright™ Environmental ScoreNews Sentiment0.91Based on 2 Articles This WeekInsider TradingSelling Shares$5.61 M Sold Last QuarterProj. Earnings Growth-20.83%From $2.16 to $1.71 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.1.68 out of 5 starsEnergy Sector7th out of 8 stocksOil & Gas Equipment & Services Industry1st out of 1 stocks 2.2 Analyst's Opinion Consensus RatingNexTier Oilfield Solutions has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.48, NexTier Oilfield Solutions has a forecasted upside of 16.7% from its current price of $10.69.Amount of Analyst CoverageNexTier Oilfield Solutions has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.95% 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 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in NexTier Oilfield Solutions has recently increased by 4.12%, indicating that investor sentiment is decreasing. 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 0.91. 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 0.48 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for NexTier Oilfield Solutions this week, compared to 3 articles on an average week.Search InterestOnly 2 people have searched for NEX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows5 people have added NexTier Oilfield Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, NexTier Oilfield Solutions insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,610,901.00 in company stock.Percentage Held by InsidersOnly 2.50% of the stock of NexTier Oilfield Solutions is held by insiders.Percentage Held by Institutions92.15% 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 -20.83% in the coming year, from $2.16 to $1.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of NexTier Oilfield Solutions is 4.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.63.Price to Earnings Ratio vs. SectorThe P/E ratio of NexTier Oilfield Solutions is 4.00, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 113.99.Price to Earnings Growth RatioNexTier Oilfield Solutions has a PEG Ratio of 1.94. 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 2.16. 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) StockAs 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.Read More NEX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NEX Stock News HeadlinesSeptember 26, 2023 | americanbankingnews.comHead-To-Head Survey: NexTier Oilfield Solutions (NYSE:NEX) & STEP Energy Services (OTCMKTS:SNVVF)September 23, 2023 | americanbankingnews.comNexTier Oilfield Solutions (NYSE:NEX) Coverage Initiated by Analysts at StockNews.comSeptember 28, 2023 | Chaikin Analytics (Ad)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.September 21, 2023 | americanbankingnews.comHead to Head Analysis: NexTier Oilfield Solutions (NYSE:NEX) and NXT Energy Solutions (OTCMKTS:NSFDF)August 30, 2023 | finanznachrichten.dePatterson-UTI Energy, Inc.: Shareholders of Patterson-UTI Energy and NexTier Oilfield Solutions Approve Merger of EqualsAugust 30, 2023 | finance.yahoo.comShareholders of Patterson-UTI Energy and NexTier Oilfield Solutions Approve Merger of EqualsAugust 26, 2023 | msn.comNexTier Oilfield Solutions: Discounted Valuation And Strong OutlookAugust 21, 2023 | stocknews.com3 Energy Investments for Every Day TradersSeptember 28, 2023 | UNKNOWN (Ad)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!August 17, 2023 | msn.comNexTier Oilfield Solutions: Consider Taking Some Profits After The RallyAugust 17, 2023 | finance.yahoo.comSurge Energy America and NexTier Oilfield Solutions Announce Record-Breaking Completion Efficiency and Emissions Reductions Through Strong PartnershipAugust 2, 2023 | markets.businessinsider.comSHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PTEN, NEX, INPXJuly 30, 2023 | finance.yahoo.comHere's Why NexTier Oilfield Solutions (NYSE:NEX) Has Caught The Eye Of InvestorsJuly 28, 2023 | finance.yahoo.comNexTier and Patterson-UTI post strong Q2 results ahead of mergerJuly 28, 2023 | finanznachrichten.deNexTier Oilfield Solutions: NexTier Announces Second Quarter 2023 Financial and Operational ResultsJuly 26, 2023 | reuters.comUPDATE 1-Nextier Oilfield expects fracking demand to recover next yearJuly 26, 2023 | finance.yahoo.comNexTier Announces Second Quarter 2023 Financial and Operational ResultsJuly 26, 2023 | finance.yahoo.comNexTier Oilfield Solutions (NEX) Q2 Earnings and Revenues Lag EstimatesJuly 26, 2023 | finance.yahoo.comCompared to Estimates, NexTier Oilfield Solutions (NEX) Q2 Earnings: A Look at Key MetricsJuly 19, 2023 | msn.comCitigroup Maintains NexTier Oilfield Solutions (NEX) Neutral RecommendationJuly 19, 2023 | finance.yahoo.comCore Laboratories (CLB) Earnings Expected to Grow: Should You Buy?July 18, 2023 | finance.yahoo.comNexTier Oilfield Solutions (NEX) Earnings Expected to Grow: Should You Buy?July 13, 2023 | msn.comStifel Maintains NexTier Oilfield Solutions (NEX) Buy RecommendationJuly 7, 2023 | chron.comPatterson-UTI to acquire Ulterra Drilling TechnologiesJuly 6, 2023 | finance.yahoo.comPatterson-UTI (PTEN) to Buy Ulterra, Strengthen PortfolioJuly 5, 2023 | reuters.comUPDATE 1-Patterson-UTI to buy Ulterra DrillingJune 23, 2023 | markets.businessinsider.comRaymond James Sticks to Their Buy Rating for Nextier Oilfield Solutions (NEX)See More Headlines 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 Company Calendar Last Earnings7/25/2023Today9/28/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & Gas Equipment & Services Sub-IndustryN/A SectorEnergy Current SymbolNYSE:NEX CUSIPN/A CIK1688476 Webnextierofs.com Phone(713) 325-6000FaxN/AEmployees4,302Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.67 Trailing P/E Ratio4.00 Forward P/E Ratio4.95 P/E Growth1.94Net Income$314.97 million Net Margins17.59% Pretax Margin14.91% Return on Equity61.01% Return on Assets28.93% Debt Debt-to-Equity Ratio0.32 Current Ratio1.37 Quick Ratio1.26 Sales & Book Value Annual Sales$3.65 billion Price / Sales0.67 Cash Flow$2.46 per share Price / Cash Flow4.35 Book Value$4.94 per share Price / Book2.16Miscellaneous Outstanding Shares228,553,000Free Float222,839,000Market Cap$2.44 billion OptionableOptionable Beta2.13 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Robert Wayne Drummond Jr. (Age 62)Pres, CEO, & Director Comp: $3.15MMr. Kenneth H. Pucheu (Age 45)Exec. VP & CFO Comp: $1.31MMr. Matthew R. Gillard (Age 51)Exec. VP & COO Comp: $1.31MMr. Oladipo O. Iluyomade (Age 45)VP, Chief Accounting Officer & Treasurer Comp: $501.07kMr. Kevin M. McDonald (Age 56)Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. Comp: $1.38MMr. Michael James SabellaVP 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 More ExecutivesKey CompetitorsLiberty EnergyNYSE:LBRTNOWNYSE:DNOWNexGen EnergyNYSE:NXEBlack Stone MineralsNYSE:BSMVitesse EnergyNYSE:VTSView All CompetitorsInsiders & InstitutionsBarclays PLCBought 177,913 shares on 9/21/2023Ownership: 0.185%Delphi Management Inc. MABought 8,990 shares on 8/28/2023Ownership: 0.004%Virginia Retirement Systems ET ALBought 113,700 shares on 8/22/2023Ownership: 0.050%Teachers Retirement System of The State of KentuckyBought 5,423 shares on 8/21/2023Ownership: 0.028%Osaic Holdings Inc.Sold 6,417 shares on 8/21/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions 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 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 Oil & Gas Services ETF (PXJ), VanEck Oil Services ETF (OIH), Direxion Daily Oil Services Bull 2X Shares (ONG), Pacer US Small Cap Cash Cows 100 ETF (CALF), iShares U.S. Oil Equipment & Services ETF (IEZ) and Invesco S&P SmallCap Quality ETF (XSHQ). 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 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. 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