This company has been acquired
NexTier Oilfield Solutions Past Earnings Performance
Past criteria checks 5/6
NexTier Oilfield Solutions has been growing earnings at an average annual rate of 33.6%, while the Energy Services industry saw earnings growing at 15.3% annually. Revenues have been growing at an average rate of 10.2% per year. NexTier Oilfield Solutions's return on equity is 56.8%, and it has net margins of 17.6%.
Key information
33.6%
Earnings growth rate
24.1%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 10.2% |
| Return on equity | 56.8% |
| Net Margin | 17.6% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent 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 09NexTier Oilfield Solutions Q1 2021 Earnings Preview
May 03Would NexTier Oilfield Solutions (NYSE:NEX) Be Better Off With Less Debt?
Mar 08Revenue & Expenses BreakdownBeta
How NexTier Oilfield Solutions makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 3,648 | 642 | 154 | 0 |
| 31 Mar 23 | 3,545 | 560 | 150 | 0 |
| 31 Dec 22 | 3,245 | 315 | 146 | 0 |
| 30 Sep 22 | 2,884 | 193 | 144 | 0 |
| 30 Jun 22 | 2,381 | 44 | 144 | 0 |
| 31 Mar 22 | 1,830 | -56 | 129 | 0 |
| 31 Dec 21 | 1,423 | -119 | 109 | 0 |
| 30 Sep 21 | 1,129 | -190 | 98 | 0 |
| 30 Jun 21 | 899 | -249 | 86 | 0 |
| 31 Mar 21 | 803 | -330 | 103 | 0 |
| 31 Dec 20 | 1,203 | -347 | 144 | 0 |
| 30 Sep 20 | 1,516 | -370 | 163 | 0 |
| 30 Jun 20 | 1,796 | -264 | 164 | 0 |
| 31 Mar 20 | 2,028 | -156 | 153 | 0 |
| 31 Dec 19 | 1,822 | -106 | 124 | 0 |
| 30 Sep 19 | 1,780 | -17 | 113 | 0 |
| 30 Jun 19 | 1,895 | 10 | 110 | 0 |
| 31 Mar 19 | 2,046 | 46 | 108 | 0 |
| 31 Dec 18 | 2,137 | 59 | 114 | 0 |
| 30 Sep 18 | 2,152 | 89 | 104 | 0 |
| 30 Jun 18 | 2,070 | 63 | 96 | 0 |
| 31 Mar 18 | 1,815 | 28 | 86 | 0 |
| 31 Dec 17 | 1,542 | -28 | 85 | 0 |
| 30 Sep 17 | 1,192 | -251 | 38 | 0 |
| 30 Jun 17 | 831 | -255 | 26 | 0 |
| 31 Mar 17 | 600 | -251 | 28 | 0 |
| 31 Dec 16 | 421 | -187 | 32 | 0 |
| 30 Sep 16 | 324 | -26 | 53 | 0 |
| 30 Jun 16 | 291 | -44 | 49 | 0 |
| 31 Mar 16 | 313 | -54 | 38 | 0 |
| 31 Dec 15 | 366 | -65 | 23 | 0 |
| 31 Dec 14 | 396 | -46 | 25 | 0 |
Quality Earnings: NEX has a high level of non-cash earnings.
Growing Profit Margin: NEX's current net profit margins (17.6%) are higher than last year (1.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NEX has become profitable over the past 5 years, growing earnings by 33.6% per year.
Accelerating Growth: NEX's earnings growth over the past year (1354.9%) exceeds its 5-year average (33.6% per year).
Earnings vs Industry: NEX earnings growth over the past year (1354.9%) exceeded the Energy Services industry 158.5%.
Return on Equity
High ROE: NEX's Return on Equity (56.8%) is considered outstanding.