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Nine Energy Service NYSE:NINE Stock Report

Last Price

US$1.87

Market Cap

US$66.1m

7D

-1.1%

1Y

-45.3%

Updated

19 May, 2024

Data

Company Financials +

Nine Energy Service, Inc.

NYSE:NINE Stock Report

Market Cap: US$66.1m

NINE Stock Overview

Operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally.

NINE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

Nine Energy Service, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nine Energy Service
Historical stock prices
Current Share PriceUS$1.87
52 Week HighUS$5.59
52 Week LowUS$1.79
Beta3.42
1 Month Change-31.25%
3 Month Change-17.98%
1 Year Change-45.32%
3 Year Change-6.50%
5 Year Change-90.40%
Change since IPO-92.84%

Recent News & Updates

Lacklustre Performance Is Driving Nine Energy Service, Inc.'s (NYSE:NINE) 31% Price Drop

May 09
Lacklustre Performance Is Driving Nine Energy Service, Inc.'s (NYSE:NINE) 31% Price Drop

Nine Energy Service (NYSE:NINE) Hasn't Managed To Accelerate Its Returns

Apr 08
Nine Energy Service (NYSE:NINE) Hasn't Managed To Accelerate Its Returns

Recent updates

Lacklustre Performance Is Driving Nine Energy Service, Inc.'s (NYSE:NINE) 31% Price Drop

May 09
Lacklustre Performance Is Driving Nine Energy Service, Inc.'s (NYSE:NINE) 31% Price Drop

Nine Energy Service (NYSE:NINE) Hasn't Managed To Accelerate Its Returns

Apr 08
Nine Energy Service (NYSE:NINE) Hasn't Managed To Accelerate Its Returns

Nine Energy Service, Inc.'s (NYSE:NINE) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Jan 05
Nine Energy Service, Inc.'s (NYSE:NINE) Price Is Right But Growth Is Lacking After Shares Rocket 27%

A Look At The Fair Value Of Nine Energy Service, Inc. (NYSE:NINE)

Oct 03
A Look At The Fair Value Of Nine Energy Service, Inc. (NYSE:NINE)

Nine Energy Service Bonds Offering Attractive 16% Yield

Sep 12

Nine Energy Service: Successfully Refinanced Its Debt, And Trades Undervalued

Jul 11

A Piece Of The Puzzle Missing From Nine Energy Service, Inc.'s (NYSE:NINE) Share Price

Apr 18
A Piece Of The Puzzle Missing From Nine Energy Service, Inc.'s (NYSE:NINE) Share Price

Nine Energy Service: A Deeper Correction Is Possible

Jan 06

Even After The Words Of Biden, Nine Energy Is Undervalued

Nov 16

Nine Energy Service Non-GAAP EPS of $0.39, revenue of $167.43M

Nov 07

Nine Energy Service: Return To Profitability Is Just Around The Corner

Oct 08

Nine Energy Service regains compliance with NYSE

Sep 12

Nine Energy: Beneficial Oil Play, But With A Lot Of Leverage

Jun 09

Nine Energy Service - Retail Investor Interest Seems Misplaced And I'm Bearish

Mar 08

Nine Energy Service: Pricing Recovery Can Mitigate The Financial Risks

Jan 24

Nine Energy Service: Balance Sheet Concerns Put Off The Rewards

Sep 15

Shareholder Returns

NINEUS Energy ServicesUS Market
7D-1.1%1.6%1.8%
1Y-45.3%22.1%26.1%

Return vs Industry: NINE underperformed the US Energy Services industry which returned 24.1% over the past year.

Return vs Market: NINE underperformed the US Market which returned 26.3% over the past year.

Price Volatility

Is NINE's price volatile compared to industry and market?
NINE volatility
NINE Average Weekly Movement10.2%
Energy Services Industry Average Movement5.4%
Market Average Movement5.9%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market2.8%

Stable Share Price: NINE's share price has been volatile over the past 3 months.

Volatility Over Time: NINE's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20111,157Ann Foxnineenergyservice.com

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.

Nine Energy Service, Inc. Fundamentals Summary

How do Nine Energy Service's earnings and revenue compare to its market cap?
NINE fundamental statistics
Market capUS$66.06m
Earnings (TTM)-US$34.16m
Revenue (TTM)US$588.24m

0.1x

P/S Ratio

-1.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NINE income statement (TTM)
RevenueUS$588.24m
Cost of RevenueUS$479.64m
Gross ProfitUS$108.60m
Other ExpensesUS$142.76m
Earnings-US$34.16m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.97
Gross Margin18.46%
Net Profit Margin-5.81%
Debt/Equity Ratio-736.3%

How did NINE perform over the long term?

See historical performance and comparison
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