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Nine Energy Service, Inc. NINE

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Price alert · NINE

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7.84 USD -0.02 -0.25%

At close · Oct 30

8.08 +0.24 +3.08%

After hours · Oct 30, 4:32 PM ET

Bid
7.82 × 100
Ask
8.20 × 200
7.80 Day range 8.04
7.42 52-week range 13.01
YTD
-4.39%
1 year
-4.39%
Open
7.93
Prev close
7.86
Mkt cap
109.37M
Vol
7.11K
Avg vol
60.66K
EPS
-1.25
P/E
0.00
Div yield
0.00%
More statistics
Low
7.80
High
8.04
Forward P/E
-1.33
Beta
3.31
Short ratio
2.66
Inst. own
31.94%
Dividend
0.00
Ex-div date
Earnings
Aug 5, 2024
50-d avg
1.19
200-d avg
1.60
1y target
1.00

2Y chart

Chart tools
Interval

Signals (27)
NameDateAgo
MACD: Buy SignalOct 12, 20262 weeks ago
RSI: OversoldSep 29, 20261 month ago
MACD: Sell SignalSep 21, 20261 month ago
MACD: Buy SignalSep 18, 20261 month ago
MACD: Sell SignalSep 16, 20261 month ago
MACD: Buy SignalSep 14, 20261 month ago
MACD: Sell SignalSep 4, 20261 month ago
SMA: BearishAug 24, 20262 months ago
SMA: BullishAug 21, 20262 months ago
MACD: Buy SignalAug 21, 20262 months ago
SMA: BearishAug 5, 20262 months ago
SMA: BullishAug 4, 20262 months ago
SMA: BearishAug 3, 20262 months ago
SMA: BullishJul 30, 20263 months ago
SMA: BearishJul 29, 20263 months ago
MACD: Sell SignalJul 28, 20263 months ago
MACD: Buy SignalJul 24, 20263 months ago
MACD: Sell SignalJul 6, 20263 months ago
RSI: OverboughtJun 26, 20264 months ago
RSI: OverboughtJun 22, 20264 months ago
MACD: Buy SignalJun 17, 20264 months ago
MACD: Sell SignalMay 27, 20265 months ago
MACD: Buy SignalMay 26, 20265 months ago
RSI: OverboughtMay 22, 20265 months ago
MACD: Sell SignalMay 20, 20265 months ago
RSI: OverboughtMay 11, 20265 months ago
RSI: OverboughtMay 4, 20266 months ago

Key statistics

Market cap
42.36M
Enterprise value
382.84M
Trailing P/E
0.00
Forward P/E
-1.33
PEG ratio
0.00
Price / sales
0.08
Price / book
0.00
EPS (TTM)
-1.20
Beta
3.31
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
-7.64%
Revenue (TTM)
556.75M
Revenue growth
-1.80%
Free cash flow
28.63M
Total cash
15.65M
Total debt
356.12M
Return on equity
0.00%
Shares outstanding
42.36M
Short % of float
12.03%
50-day average
1.19
200-day average
1.60

Analyst view

Consensus: sell

Sell
Price target (mean) 1.00
Ratings (0m) 1 0 buy · 0 hold · 1 sell
  • Strong buy0
  • Buy0
  • Hold0
  • Sell1
  • Strong sell0

Next earnings

Aug 5, 2024

Expected Aug 5, 2024. Consensus EPS estimate -0.24.

Earnings history

Financials — quick view

All financials
NINE Revenue — quarterly 183.41M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242025-Q1 20252025-Q2 20252025-Q3 20252026-Q2 2026
NINE Net income — quarterly -6.14M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242025-Q1 20252025-Q2 20252025-Q3 20252026-Q2 2026
NINE EPS — quarterly -0.44
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242025-Q1 20252025-Q2 20252025-Q3 20252026-Q2 2026

Earnings

NINE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Oct 31, 2024Sep 1, 2024-0.30-0.26+0.04+13.33%
Aug 5, 2024Jun 1, 2024-0.37-0.40-0.03-8.11%
Aug 5, 2024Jun 1, 2024-0.37———
May 6, 2024Mar 1, 2024-0.32-0.24+0.08+25.00%
May 6, 2024Mar 1, 2024-0.32———
Mar 7, 2024Dec 1, 2023-0.35-0.30+0.05+14.29%

Upgrades / downgrades

NINE analyst upgrades and downgrades
DateFirmActionFromTo
May 10, 2023EF Huttonmain—Buy
Jan 23, 2023EF Huttonreit—Buy
Jan 13, 2023EF Huttonreit—Buy
Nov 8, 2022EF Huttonmain—Buy
Aug 8, 2022EF Huttonmain—Buy
Jul 19, 2022EF Huttoninit—Buy

About Nine Energy Service, Inc.

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.

Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States

News

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Insider holders

NINE insider holders
InsiderRelationLatest transactionDateShares held
BALDWIN MARK EDirectorStock Award(Grant)May 6, 2024104,774
CROMBIE DAVIDChief Operating OfficerSaleNov 4, 2024238,077
DANNER ERNIE LDirectorSaleMay 8, 2024116,122
FOX ANN G.Chief Executive OfficerSaleNov 5, 2024561,006
HARRELL CURTIS FDirectorStock Award(Grant)May 6, 2024132,681
LUZ S. BRETTOfficerSaleAug 11, 202499,269

Institution ownership

NINE institution ownership
Holder% heldSharesValueReported
SCF Partners, Inc.21.45%9,086,8849.09MSep 29, 2024
Gendell, Jeffrey L.8.02%3,398,4243.40MSep 29, 2024
Clarity Financial, LLC5.83%2,468,0042.47MSep 29, 2024
Vanguard Group Inc2.10%888,741888.74KSep 29, 2024
Blackrock Inc.0.94%399,983399.98KSep 29, 2024
Castleknight Management LP0.93%396,047396.05KSep 29, 2024

Fund ownership

NINE fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund1.44%609,231609.23KSep 29, 2024
Vanguard Extended Market Index Fund0.65%274,731274.73KSep 29, 2024
Invesco ETF Tr-Invesco FTSE RAFI US 1500 Small-Mid ETF0.34%143,202143.20KSep 29, 2024
Bridgeway Funds Inc-Ultra Small Company Market Fund0.31%132,700132.70KSep 29, 2024
Fidelity Extended Market Index Fund0.26%111,352111.35KOct 30, 2024
MainStay MacKay High Yield Corporate Bond Fund0.23%97,66497.66KJul 30, 2024
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