NYSE:NINE

Nine Energy Service (NINE) Stock Price, News & Analysis

$2.41
-0.31 (-11.40%)
(As of 04/22/2024 ET)
Today's Range
$2.39
$2.67
50-Day Range
$1.98
$2.96
52-Week Range
$1.78
$5.59
Volume
788,092 shs
Average Volume
689,449 shs
Market Capitalization
$85.15 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

Nine Energy Service MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
13.31% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Nine Energy Service in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$470,248 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.78) to ($0.56) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.16 out of 5 stars

Oils/Energy Sector

236th out of 237 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

17th out of 17 stocks

NINE stock logo

About Nine Energy Service Stock (NYSE:NINE)

Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. It offers cementing services, including blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

NINE Stock Price History

NINE Stock News Headlines

Nine Energy Service, Inc. (NINE)
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
A brighter future
United States Postal Service
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
4/22/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Employees
1,157
Year Founded
N/A

Profitability

Net Income
$-32,210,000.00
Pretax Margin
-5.19%

Debt

Sales & Book Value

Annual Sales
$609.53 million
Cash Flow
$0.85 per share
Book Value
($1.01) per share

Miscellaneous

Free Float
33,382,000
Market Cap
$85.50 million
Optionable
Optionable
Beta
3.41
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Key Executives

  • Ms. Ann G. Fox (Age 47)
    President, CEO & Director
    Comp: $2.92M
  • Mr. Guy Sirkes (Age 38)
    Senior VP & CFO
    Comp: $1.4M
  • Mr. David CrombieMr. David Crombie (Age 50)
    Executive VP & COO
    Comp: $1.78M
  • Mr. Theodore R. Moore (Age 46)
    Senior VP, General Counsel & Secretary
    Comp: $1.38M
  • Mr. S. Brett Luz
    Chief Accounting Officer
  • Mr. James Clair Holley
    Chief Technology Officer
  • Ms. Heather Schmidt
    Vice President of Strategic Development, Investor Relations & Marketing
  • Mr. Nick Pottmeyer
    President of Completion Tools
  • Mr. Joe Huwel
    President of Cementing & Coiled Tubing
  • Mr. Jeff Hyre
    President of Wireline

NINE Stock Analysis - Frequently Asked Questions

Should I buy or sell Nine Energy Service stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nine Energy Service in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" NINE shares.
View NINE analyst ratings
or view top-rated stocks.

How have NINE shares performed in 2024?

Nine Energy Service's stock was trading at $2.68 at the beginning of the year. Since then, NINE shares have decreased by 10.1% and is now trading at $2.41.
View the best growth stocks for 2024 here
.

Are investors shorting Nine Energy Service?

Nine Energy Service saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 3,840,000 shares, an increase of 34.3% from the March 15th total of 2,860,000 shares. Based on an average trading volume of 643,300 shares, the days-to-cover ratio is presently 6.0 days. Approximately 13.3% of the company's stock are short sold.
View Nine Energy Service's Short Interest
.

When is Nine Energy Service's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our NINE earnings forecast
.

How can I listen to Nine Energy Service's earnings call?

Nine Energy Service will be holding an earnings conference call on Tuesday, May 7th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13739259".

How were Nine Energy Service's earnings last quarter?

Nine Energy Service, Inc. (NYSE:NINE) issued its earnings results on Thursday, March, 7th. The company reported ($0.30) earnings per share for the quarter, topping analysts' consensus estimates of ($0.35) by $0.05. The company earned $144.07 million during the quarter, compared to analysts' expectations of $142 million.

What is Ann Fox's approval rating as Nine Energy Service's CEO?

37 employees have rated Nine Energy Service Chief Executive Officer Ann Fox on Glassdoor.com. Ann Fox has an approval rating of 95% among the company's employees. This puts Ann Fox in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Nine Energy Service own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nine Energy Service investors own include Akorn (AKRXQ), Akers Biosciences (AKER), Akebia Therapeutics (AKBA), Adamis Pharmaceuticals (ADMP), ADMA Biologics (ADMA), Acasti Pharma (ACST), AcelRx Pharmaceuticals (ACRX), Acorda Therapeutics (ACOR), Aurora Cannabis (ACB) and Ambev (ABEV).

When did Nine Energy Service IPO?

Nine Energy Service (NINE) raised $150 million in an initial public offering (IPO) on Friday, January 19th 2018. The company issued 7,000,000 shares at a price of $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Wells Fargo Securities, BofA Merrill Lynch and Credit Suisse acted as the underwriters for the IPO and Raymond James, Simmons & Company International (Energy Specialists of Piper Jaffray), Tudor, Pickering, Holt, HSBC, Scotia Howard Weil and UBS Investment Bank were co-managers.

How do I buy shares of Nine Energy Service?

Shares of NINE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:NINE) was last updated on 4/22/2024 by MarketBeat.com Staff

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