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NYSE:NEX

NexTier Oilfield Solutions Stock Forecast, Price & News

$3.02
-0.20 (-6.21 %)
(As of 11/27/2020 12:00 AM ET)
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Today's Range
$3.01
Now: $3.02
$3.22
50-Day Range
$1.71
MA: $2.25
$3.32
52-Week Range
$1.00
Now: $3.02
$7.14
Volume1.14 million shs
Average Volume1.85 million shs
Market Capitalization$647.38 million
P/E RatioN/A
Dividend YieldN/A
Beta3.32
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company's 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. As of December 31, 2019, it had approximately 45 hydraulic fracturing fleets, 118 wireline trucks, and 80 pumpdown units. The company's 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 our 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 also offers coiled tubing services to help customers in accomplishing various goals in their horizontal completion, workover, and well maintenance projects. As of December 31, 2019, this segment had approximately 25 coiled tubing units and 101 cementing units. The company 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.83 out of 5 stars


Industry, Sector and Symbol

Industry Oil & gas field services, not elsewhere classified
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone713-325-6000
Employees6,525

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.82 billion
Cash Flow$1.96 per share
Book Value$4.22 per share

Profitability

Net Income$-106,160,000.00

Miscellaneous

Market Cap$647.38 million
Next Earnings Date3/9/2021 (Estimated)
OptionableOptionable
$3.02
-0.20 (-6.21 %)
(As of 11/27/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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NexTier Oilfield Solutions (NYSE:NEX) Frequently Asked Questions

How has NexTier Oilfield Solutions' stock price been impacted by COVID-19?

NexTier Oilfield Solutions' stock was trading at $1.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NEX stock has increased by 96.1% and is now trading at $3.02.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of NexTier Oilfield Solutions?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last year. There are currently 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for NexTier Oilfield Solutions
.

What stocks does MarketBeat like better than NexTier Oilfield Solutions?

Wall Street analysts have given NexTier Oilfield Solutions a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but NexTier Oilfield Solutions wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is NexTier Oilfield Solutions' next earnings date?

NexTier Oilfield Solutions is scheduled to release its next quarterly earnings announcement on Tuesday, March 9th 2021.
View our earnings forecast for NexTier Oilfield Solutions
.

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) released its quarterly earnings results on Tuesday, November, 3rd. The company reported ($0.38) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.42) by $0.04. The firm earned $163.70 million during the quarter, compared to the consensus estimate of $169.86 million. NexTier Oilfield Solutions had a negative return on equity of 25.50% and a negative net margin of 24.38%. The business's quarterly revenue was down 63.1% on a year-over-year basis. During the same period last year, the business earned $0.03 EPS.
View NexTier Oilfield Solutions' earnings history
.

What guidance has NexTier Oilfield Solutions issued on next quarter's earnings?

NexTier Oilfield Solutions updated its fourth quarter 2020 After-Hours earnings guidance on Tuesday, November, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $180.0425-188.22625 million, compared to the consensus revenue estimate of $181.3 million.

What price target have analysts set for NEX?

12 brokerages have issued 12-month price targets for NexTier Oilfield Solutions' shares. Their forecasts range from $2.00 to $9.00. On average, they expect NexTier Oilfield Solutions' stock price to reach $3.91 in the next year. This suggests a possible upside of 29.3% from the stock's current price.
View analysts' price targets for NexTier Oilfield Solutions
.

Who are some of NexTier Oilfield Solutions' key competitors?

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' key executives?

NexTier Oilfield Solutions' management team includes the following people:
  • Mr. Robert Wayne Drummond Jr., CEO, Pres & Director (Age 59, Pay $2.31M)
  • Mr. Kenneth Pucheu, Sr. VP & CFO (Age 42, Pay $6.7M)
  • Mr. Ian R. Henkes, Sr. VP of Operations (Age 48, Pay $878.75k)
  • Mr. Kevin M. McDonald, Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 53, Pay $1.25M)
  • Ms. Lamphung Ngo-Burns, Chief Accounting Officer & Treasury (Age 54)
  • Mr. Daniel Edwards Jenkins IV, VP of Investor Relations
  • Mr. John Lewis PMP, VP of Health, Safety & Environmental Operations & Compliance
  • Mr. Richard Vaclavik, Sr. VP & Chief Commercial Officer (Age 60)
  • Mr. William D. Driver, Sr. VP of Product Lines (Age 54)

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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.52%), Pzena Investment Management LLC (5.20%), Deep Basin Capital LP (3.32%), State Street Corp (2.57%), JPMorgan Chase & Co. (1.51%) and Fisher Asset Management LLC (1.34%).

Which major investors are selling NexTier Oilfield Solutions stock?

NEX stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, JPMorgan Chase & Co., WINTON GROUP Ltd, BlackRock Inc., Wells Fargo & Company MN, Mackay Shields LLC, Fisher Asset Management LLC, and SG Americas Securities LLC.

Which major investors are buying NexTier Oilfield Solutions stock?

NEX stock was purchased by a variety of institutional investors in the last quarter, including Deep Basin Capital LP, Pzena Investment Management LLC, Segall Bryant & Hamill LLC, State Street Corp, Arrowstreet Capital Limited Partnership, SIR Capital Management L.P., Squarepoint Ops LLC, and Charles Schwab Investment Management Inc..

How do I buy shares of NexTier Oilfield Solutions?

Shares of NEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is NexTier Oilfield Solutions' stock price today?

One share of NEX stock can currently be purchased for approximately $3.02.

How big of a company is NexTier Oilfield Solutions?

NexTier Oilfield Solutions has a market capitalization of $647.38 million and generates $1.82 billion in revenue each year. The company earns $-106,160,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. NexTier Oilfield Solutions employs 6,525 workers across the globe.

What is NexTier Oilfield Solutions' official website?

The official website for NexTier Oilfield Solutions is nextierofs.com.

How can I contact NexTier Oilfield Solutions?

NexTier Oilfield Solutions' mailing address is 3990 ROGERDALE RD., HOUSTON TX, 77042. The company can be reached via phone at 713-325-6000 or via email at [email protected]

This page was last updated on 11/28/2020 by MarketBeat.com Staff

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