This company has been acquired
NEX Stock Overview
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
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NexTier Oilfield Solutions Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.61 |
| 52 Week High | US$11.99 |
| 52 Week Low | US$6.66 |
| Beta | 2.14 |
| 1 Month Change | -10.69% |
| 3 Month Change | 26.31% |
| 1 Year Change | 11.33% |
| 3 Year Change | 329.55% |
| 5 Year Change | -0.56% |
| Change since IPO | -50.99% |
Recent News & Updates
NexTier Oilfield Solutions: Discounted Valuation And Strong Outlook
Aug 26NexTier Oilfield Solutions: Consider Taking Some Profits After The Rally
Aug 17Recent updates
NexTier Oilfield Solutions: Discounted Valuation And Strong Outlook
Aug 26NexTier Oilfield Solutions: Consider Taking Some Profits After The Rally
Aug 17NexTier And Patterson Merger Creates Oil Service Player With Discount Valuation
Jun 15Does NexTier Oilfield Solutions (NYSE:NEX) Have A Healthy Balance Sheet?
Apr 04
The Trend Of High Returns At NexTier Oilfield Solutions (NYSE:NEX) Has Us Very Interested
Mar 09Returns on Capital Paint A Bright Future For NexTier Oilfield Solutions (NYSE:NEX)
Dec 08NexTier Oilfield: Undervalued And Recently Increased Its EBITDA Guidance
Sep 09NexTier Oilfield Solutions (NYSE:NEX) Is Looking To Continue Growing Its Returns On Capital
Aug 25We Think That There Are Issues Underlying NexTier Oilfield Solutions' (NYSE:NEX) Earnings
Aug 04Does NexTier Oilfield Solutions (NYSE:NEX) Have A Healthy Balance Sheet?
Jul 28NexTier Oilfield Solutions Q2 2022 Earnings Preview
Jul 25Broker Revenue Forecasts For NexTier Oilfield Solutions Inc. (NYSE:NEX) Are Surging Higher
May 01NexTier Crushes Q1 2022 Expectations And The Rest Of 2022 As Well
Apr 28Here's Why NexTier Oilfield Solutions (NYSE:NEX) Can Afford Some Debt
Apr 07NexTier Pre Investor Day Thoughts - Expect Upside To Estimates
Mar 03NexTier Oilfield Solutions: Expect A Slow Pickup
Jan 04Is NexTier Oilfield Solutions (NYSE:NEX) Using Too Much Debt?
Dec 02NexTier Oilfield Solutions To Pick Up Slowly After Alamo Acquisition
Oct 14Rainbows and Unicorns: NexTier Oilfield Solutions Inc. (NYSE:NEX) Analysts Just Became A Lot More Optimistic
Aug 08Is NexTier Oilfield Solutions (NYSE:NEX) A Risky Investment?
Aug 05NexTier Oilfield Solutions: Low Carbon Footprint To Drive Growth
Jul 11Here's Why Shareholders Should Examine NexTier Oilfield Solutions Inc.'s (NYSE:NEX) CEO Compensation Package More Closely
Jun 09Would NexTier Oilfield Solutions (NYSE:NEX) Be Better Off With Less Debt?
Mar 08Shareholder Returns
| NEX | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 0.6% | 1.3% | 1.3% |
| 1Y | 11.3% | -27.8% | 8.2% |
Return vs Industry: NEX underperformed the US Energy Services industry which returned 49.8% over the past year.
Return vs Market: NEX matched the US Market which returned 11.7% over the past year.
Price Volatility
| NEX volatility | |
|---|---|
| NEX Average Weekly Movement | 6.4% |
| Energy Services Industry Average Movement | 10.0% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 4.1% |
Stable Share Price: NEX's share price has been volatile over the past 3 months.
Volatility Over Time: NEX's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1973 | 4,302 | Robert Drummond | nextierofs.com |
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates in two segments, Completion Services, and Well Construction and Intervention Services. The 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.
NexTier Oilfield Solutions Inc. Fundamentals Summary
| NEX fundamental statistics | |
|---|---|
| Market cap | US$2.42b |
| Earnings (TTM) | US$641.78m |
| Revenue (TTM) | US$3.65b |
3.8x
P/E Ratio0.7x
P/S RatioIs NEX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NEX income statement (TTM) | |
|---|---|
| Revenue | US$3.65b |
| Cost of Revenue | US$2.67b |
| Gross Profit | US$981.81m |
| Other Expenses | US$340.04m |
| Earnings | US$641.78m |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.81 |
| Gross Margin | 26.92% |
| Net Profit Margin | 17.59% |
| Debt/Equity Ratio | 31.4% |
How did NEX perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/09/02 01:00 |
| End of Day Share Price | 2023/08/31 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
NexTier Oilfield Solutions Inc. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Derek Podhaizer | Barclays |
| Daniel Boyd | BMO Capital Markets Equity Research |
| Chase Mulvehill | BofA Global Research |