Nine Energy Service Management

Management criteria checks 2/4

Nine Energy Service's CEO is Ann Fox, appointed in Jul 2015, has a tenure of 8.83 years. total yearly compensation is $3.36M, comprised of 20.8% salary and 79.2% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth €1.00M. The average tenure of the management team and the board of directors is 5.3 years and 8.5 years respectively.

Key information

Ann Fox

Chief executive officer

US$3.4m

Total compensation

CEO salary percentage	20.8%
CEO tenure	8.8yrs
CEO ownership	1.4%
Management average tenure	5.3yrs
Board average tenure	8.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ann Fox's remuneration changed compared to Nine Energy Service's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$3m	US$700k	-US$32m
Sep 30 2023	n/a	n/a	-US$14m
Jun 30 2023	n/a	n/a	US$14m
Mar 31 2023	n/a	n/a	US$15m
Dec 31 2022	US$2m	US$689k	US$14m
Sep 30 2022	n/a	n/a	-US$9m
Jun 30 2022	n/a	n/a	-US$40m
Mar 31 2022	n/a	n/a	-US$63m
Dec 31 2021	US$1m	US$604k	-US$65m
Sep 30 2021	n/a	n/a	-US$84m
Jun 30 2021	n/a	n/a	-US$87m
Mar 31 2021	n/a	n/a	-US$86m
Dec 31 2020	US$789k	US$569k	-US$379m
Sep 30 2020	n/a	n/a	-US$564m
Jun 30 2020	n/a	n/a	-US$566m
Mar 31 2020	n/a	n/a	-US$536m
Dec 31 2019	US$3m	US$591k	-US$218m
Sep 30 2019	n/a	n/a	-US$75m
Jun 30 2019	n/a	n/a	-US$40m
Mar 31 2019	n/a	n/a	-US$37m
Dec 31 2018	US$4m	US$500k	-US$53m
Sep 30 2018	n/a	n/a	-US$5m
Jun 30 2018	n/a	n/a	-US$24m
Mar 31 2018	n/a	n/a	-US$45m
Dec 31 2017	US$4m	US$477k	-US$68m

Compensation vs Market: Ann's total compensation ($USD3.36M) is above average for companies of similar size in the German market ($USD402.64K).

Compensation vs Earnings: Ann's compensation has increased whilst the company is unprofitable.

CEO

Ann Fox (46 yo)

8.8yrs

Tenure

US$3,362,060

Compensation

Ms. Ann G. Fox has been the Chief Executive Officer and President of Nine Energy Service, Inc. since July 2015 and has been its Director since September 2, 2014. Ms. Fox has been Independent Director of De...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Ann Fox	President	8.8yrs	US$3.36m	1.44% $ 1.0m
Guy Sirkes	Senior VP & CFO	4.2yrs	US$1.57m	0.33% $ 232.2k
David Crombie	Executive VP & COO	5.3yrs	US$2.08m	0.62% $ 430.7k
Theodore Moore	Senior VP	7.2yrs	US$1.54m	0.35% $ 243.7k
S. Luz	Chief Accounting Officer	5.7yrs	no data	0.22% $ 156.2k
James Holley	Chief Technology Officer	no data	no data	no data
Heather Schmidt	Vice President of Strategic Development	7.2yrs	no data	no data
Nick Pottmeyer	President of Completion Tools	5.3yrs	no data	no data
Joe Huwel	President of Cementing & Coiled Tubing	4.3yrs	no data	no data
Jeff Hyre	President of Wireline	less than a year	no data	no data

5.3yrs

Average Tenure

45.5yo

Average Age

Experienced Management: NEJ's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Ann Fox	President	9.7yrs	US$3.36m	1.44% $ 1.0m
Andrew Waite	Independent Director	11.3yrs	US$177.15k	0.10% $ 72.8k
Curtis Harrell	Independent Director	7.3yrs	US$94.40k	0.25% $ 177.2k
Ernie Danner	Independent Chairman of the Board	7.3yrs	US$258.84k	0.58% $ 403.5k
Gary Thomas	Independent Director	11.2yrs	US$190.90k	0.22% $ 151.7k
Mark Baldwin	Independent Director	11yrs	US$195.90k	0.16% $ 111.7k
Scott Schwinger	Independent Director	7yrs	US$191.53k	0.14% $ 96.6k
Darryl Willis	Independent Director	5.8yrs	US$94.40k	0.072% $ 49.9k

8.5yrs

Average Tenure

61yo

Average Age

Experienced Board: NEJ's board of directors are considered experienced (8.5 years average tenure).

Nine Energy Service Management

Management criteria checks 2/4

Key information

Recent management updates

President recently sold €431k worth of stock

Nine Energy Service, Inc., Annual General Meeting, May 03, 2024

Executive VP & COO recently sold €249k worth of stock

Insider recently sold €999k worth of stock

Insider recently sold €2.2m worth of stock

Insider recently sold €1.4m worth of stock

Recent updates

Nine Energy Service, Inc. to Report Q1, 2024 Results on May 07, 2024

President recently sold €431k worth of stock

Nine Energy Service, Inc., Annual General Meeting, May 03, 2024

Full year 2023 earnings released: US$0.97 loss per share (vs US$0.47 profit in FY 2022)

Nine Energy Service, Inc. Provides Revenue Guidance for the First Quarter of 2024

Nine Energy Service, Inc. to Report Q4, 2023 Results on Mar 08, 2024

Third quarter 2023 earnings released: US$0.39 loss per share (vs US$0.46 profit in 3Q 2022)

Nine Energy Service, Inc. has filed a Follow-on Equity Offering in the amount of $30 million.

Nine Energy Service, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Investor sentiment deteriorates as stock falls 20%

Investor sentiment deteriorates as stock falls 15%

Executive VP & COO recently sold €249k worth of stock

Second quarter 2023 earnings released: US$0.076 loss per share (vs US$0.032 loss in 2Q 2022)

Nine Energy Service, Inc. Provides Revenue Guidance for the Second Quarter 2023

Investor sentiment improves as stock rises 16%

Nine Energy Service, Inc. to Report Q2, 2023 Results on Aug 04, 2023

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 21%

First quarter 2023 earnings released: US$0.19 loss per share (vs US$0.23 loss in 1Q 2022)

Nine Energy Service, Inc. Provides Revenue Guidance for the First Quarter 2023

Insider recently sold €999k worth of stock

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 20%

Investor sentiment deteriorates as stock falls 32%

Insider recently sold €2.2m worth of stock

Nine Energy Service, Inc. to Report Q4, 2022 Results on Mar 08, 2023

Nine Energy Service, Inc. has completed a Composite Units Offering in the amount of $285 million.

Insider recently sold €1.4m worth of stock

Nine Energy Service, Inc. has completed a Composite Units Offering in the amount of $285 million.

Nine Energy Service, Inc. Provides Preliminary Earnings Guidance for the Fourth Quarter Ended December 31, 2022

Insider recently sold €2.3m worth of stock

Insider recently sold €226k worth of stock

Forecast breakeven date moved forward to 2022

Insider recently sold €576k worth of stock

Third quarter 2022 earnings released: EPS: US$0.46 (vs US$0.53 loss in 3Q 2021)

Insider recently sold €545k worth of stock

Nine Energy Service, Inc. to Report Q3, 2022 Results on Nov 07, 2022

Forecast breakeven date moved forward to 2022

Nine Energy Service Regains Compliance with NYSE Continued Listing Standards

Forecast breakeven date moved forward to 2023

Second quarter 2022 earnings released: US$0.032 loss per share (vs US$0.81 loss in 2Q 2021)

Nine Energy Service, Inc. Provides Guidance for the Remainder of 2022 and 2023

Nine Energy Service, Inc. to Report Q2, 2022 Results on Aug 04, 2022

Independent Director recently sold €56k worth of stock

Senior VP recently sold €59k worth of stock

First quarter 2022 earnings released: US$0.23 loss per share (vs US$0.28 loss in 1Q 2021)

Nine Energy Service, Inc. Provides Earnings Guidance for the Second Quarter of 2022 and Provides Outlook for the Remainder of 2022 and 2023

Insufficient new directors

Nine Energy Service, Inc. to Report Q1, 2022 Results on May 05, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Nine Energy Service, Inc. to Report Q4, 2021 Results on Mar 08, 2022

Nine Energy Service Receives Notice from NYSE Regarding Continued Listing Requirements

Insider recently sold €229k worth of stock

Third quarter 2021 earnings released: US$0.53 loss per share (vs US$0.62 loss in 3Q 2020)

Insider recently sold €99k worth of stock

Second quarter 2021 earnings released: US$0.81 loss per share (vs US$0.81 loss in 2Q 2020)

Nine Energy Service, Inc.(NYSE:NINE) dropped from Russell Microcap Value Index

Executive VP & COO recently sold €85k worth of stock

First quarter 2021 earnings released: US$0.28 loss per share (vs US$10.22 loss in 1Q 2020)

Nine Energy Service, Inc. Provides Earnings Guidance for the Second and Third Quarter of 2021

President recently sold €265k worth of stock

Full year 2020 earnings released: US$12.74 loss per share (vs US$7.43 loss in FY 2019)

Revenue beats expectations

Nine Energy Service, Inc., Annual General Meeting, May 03, 2021

New 90-day high: €2.96

Nine Energy Service, Inc. to Report Q4, 2020 Results on Mar 08, 2021

Nine Energy Service, Inc.(NYSE:NINE) dropped from Russell 2000 Dynamic Index

New 90-day high: €2.44

New 90-day high: €2.34