NexTier Oilfield Solutions Inc.

NYSE:NEX Stock Report

Market Cap: US$2.4b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

NexTier Oilfield Solutions Future Growth

Future criteria checks 1/6

NexTier Oilfield Solutions's earnings is forecasted to decline at -19.4% per annum while its annual revenue is expected to grow at 0.4% per year. EPS is expected to decline by 18.2%. Return on equity is forecast to be 25.3% in 3 years.

Key information

-19.4%

Earnings growth rate

-18.2%

EPS growth rate

Energy Services earnings growth13.1%
Revenue growth rate0.4%
Future return on equity25.3%
Analyst coverage

Good

Last updated31 Jul 2023

Recent future growth updates

Recent updates

NexTier Oilfield Solutions: Discounted Valuation And Strong Outlook

Aug 26

NexTier Oilfield Solutions: Consider Taking Some Profits After The Rally

Aug 17

NexTier And Patterson Merger Creates Oil Service Player With Discount Valuation

Jun 15

Does NexTier Oilfield Solutions (NYSE:NEX) Have A Healthy Balance Sheet?

Apr 04
Does NexTier Oilfield Solutions (NYSE:NEX) Have A Healthy Balance Sheet?

The Trend Of High Returns At NexTier Oilfield Solutions (NYSE:NEX) Has Us Very Interested

Mar 09
The Trend Of High Returns At NexTier Oilfield Solutions (NYSE:NEX) Has Us Very Interested

Returns on Capital Paint A Bright Future For NexTier Oilfield Solutions (NYSE:NEX)

Dec 08
Returns on Capital Paint A Bright Future For NexTier Oilfield Solutions (NYSE:NEX)

NexTier Oilfield: Undervalued And Recently Increased Its EBITDA Guidance

Sep 09

NexTier Oilfield Solutions (NYSE:NEX) Is Looking To Continue Growing Its Returns On Capital

Aug 25
NexTier Oilfield Solutions (NYSE:NEX) Is Looking To Continue Growing Its Returns On Capital

We Think That There Are Issues Underlying NexTier Oilfield Solutions' (NYSE:NEX) Earnings

Aug 04
We Think That There Are Issues Underlying NexTier Oilfield Solutions' (NYSE:NEX) Earnings

Does NexTier Oilfield Solutions (NYSE:NEX) Have A Healthy Balance Sheet?

Jul 28
Does NexTier Oilfield Solutions (NYSE:NEX) Have A Healthy Balance Sheet?

NexTier Oilfield Solutions Q2 2022 Earnings Preview

Jul 25

Broker Revenue Forecasts For NexTier Oilfield Solutions Inc. (NYSE:NEX) Are Surging Higher

May 01
Broker Revenue Forecasts For NexTier Oilfield Solutions Inc. (NYSE:NEX) Are Surging Higher

NexTier Crushes Q1 2022 Expectations And The Rest Of 2022 As Well

Apr 28

Here's Why NexTier Oilfield Solutions (NYSE:NEX) Can Afford Some Debt

Apr 07
Here's Why NexTier Oilfield Solutions (NYSE:NEX) Can Afford Some Debt

NexTier Pre Investor Day Thoughts - Expect Upside To Estimates

Mar 03

NexTier Oilfield Solutions: Expect A Slow Pickup

Jan 04

Is NexTier Oilfield Solutions (NYSE:NEX) Using Too Much Debt?

Dec 02
Is NexTier Oilfield Solutions (NYSE:NEX) Using Too Much Debt?

NexTier Oilfield Solutions To Pick Up Slowly After Alamo Acquisition

Oct 14

Rainbows and Unicorns: NexTier Oilfield Solutions Inc. (NYSE:NEX) Analysts Just Became A Lot More Optimistic

Aug 08
Rainbows and Unicorns: NexTier Oilfield Solutions Inc. (NYSE:NEX) Analysts Just Became A Lot More Optimistic

Is NexTier Oilfield Solutions (NYSE:NEX) A Risky Investment?

Aug 05
Is NexTier Oilfield Solutions (NYSE:NEX) A Risky Investment?

NexTier Oilfield Solutions: Low Carbon Footprint To Drive Growth

Jul 11

Here's Why Shareholders Should Examine NexTier Oilfield Solutions Inc.'s (NYSE:NEX) CEO Compensation Package More Closely

Jun 09
Here's Why Shareholders Should Examine NexTier Oilfield Solutions Inc.'s (NYSE:NEX) CEO Compensation Package More Closely

Would NexTier Oilfield Solutions (NYSE:NEX) Be Better Off With Less Debt?

Mar 08
Would NexTier Oilfield Solutions (NYSE:NEX) Be Better Off With Less Debt?

Earnings and Revenue Growth Forecasts

NYSE:NEX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20253,6684185208802
12/31/20243,6484804457739
12/31/20233,5776214127557
6/30/20233,648642368707N/A
3/31/20233,545560305599N/A
12/31/20223,245315229454N/A
9/30/20222,884193148279N/A
6/30/20222,38144-107104N/A
3/31/20221,830-56-1941N/A
12/31/20211,423-119-239-51N/A
9/30/20211,129-190-284-33N/A
6/30/2021899-249-147-50N/A
3/31/2021803-330-105-3N/A
12/31/20201,203-347-5569N/A
9/30/20201,516-3709163N/A
6/30/20201,796-26487274N/A
3/31/20202,028-15698296N/A
12/31/20191,822-10693305N/A
9/30/20191,780-1761325N/A
6/30/20191,8951044349N/A
3/31/20192,0464626375N/A
12/31/20182,1375931350N/A
9/30/20182,1528932326N/A
6/30/20182,07063-6261N/A
3/31/20181,81528-24161N/A
12/31/20171,542-28-8680N/A
9/30/20171,192-251-961N/A
6/30/2017831-255-106-61N/A
3/31/2017600-251N/A-65N/A
12/31/2016421-187N/A-54N/A
9/30/2016324-26N/A-58N/A
6/30/2016291-44N/A-20N/A
3/31/2016313-54N/A-12N/A
12/31/2015366-65N/A38N/A
12/31/2014396-46N/A19N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NEX's earnings are forecast to decline over the next 3 years (-19.4% per year).

Earnings vs Market: NEX's earnings are forecast to decline over the next 3 years (-19.4% per year).

High Growth Earnings: NEX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: NEX's revenue (0.4% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: NEX's revenue (0.4% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NEX's Return on Equity is forecast to be high in 3 years time (25.3%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/09/02 01:00
End of Day Share Price 2023/08/31 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Derek PodhaizerBarclays
Daniel BoydBMO Capital Markets Equity Research
Chase MulvehillBofA Global Research