Nine Energy Service, Inc. operates as an onshore completion and production services provider that targets unconventional oil and gas resource development in North America and internationally.
Fair value with moderate growth potential.
Share Price & News
How has Nine Energy Service's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NINE's share price has been volatile over the past 3 months.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: NINE underperformed the US Energy Services industry which returned -31.8% over the past year.
Return vs Market: NINE underperformed the US Market which returned 17.9% over the past year.
Price Volatility Vs. Market
How volatile is Nine Energy Service's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StEasy Come, Easy Go: How Nine Energy Service (NYSE:NINE) Shareholders Got Unlucky And Saw 81% Of Their Cash Evaporate
1 month ago | Simply Wall StWhen Will Nine Energy Service, Inc. (NYSE:NINE) Breakeven?
1 month ago | Simply Wall StNine Energy Service, Inc. (NYSE:NINE) Insiders Have Been Selling
Is Nine Energy Service undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NINE ($5.42) is trading below our estimate of fair value ($31.73)
Significantly Below Fair Value: NINE is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NINE is unprofitable, so we can't compare its PE Ratio to the Energy Services industry average.
PE vs Market: NINE is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NINE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NINE is good value based on its PB Ratio (0.3x) compared to the US Energy Services industry average (0.6x).
How is Nine Energy Service forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NINE is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: NINE is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NINE's is expected to become profitable in the next 3 years.
Revenue vs Market: NINE's revenue is expected to decline over the next 3 years (-0.4% per year).
High Growth Revenue: NINE's revenue is forecast to decline over the next 3 years (-0.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NINE's Return on Equity is forecast to be low in 3 years time (1.6%).
How has Nine Energy Service performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NINE is currently unprofitable.
Growing Profit Margin: NINE is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NINE is unprofitable, and losses have increased over the past 5 years at a rate of -19.8% per year.
Accelerating Growth: Unable to compare NINE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NINE is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-32.9%).
Return on Equity
High ROE: NINE has a negative Return on Equity (-12.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Nine Energy Service's financial position?
Financial Position Analysis
Short Term Liabilities: NINE's short term assets ($292.5M) exceed its short term liabilities ($73.8M).
Long Term Liabilities: NINE's short term assets ($292.5M) do not cover its long term liabilities ($401.0M).
Debt to Equity History and Analysis
Debt Level: NINE's debt to equity ratio (64.5%) is considered high.
Reducing Debt: Insufficient data to determine if NINE's debt to equity ratio has reduced over the past 5 years.
Inventory Level: NINE has a high level of physical assets or inventory.
Debt Coverage by Assets: NINE's debt is not covered by short term assets (assets are 0.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NINE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NINE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.1% per year.
What is Nine Energy Service's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate NINE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate NINE's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NINE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NINE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NINE's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ann Fox (42yo)
Ms. Ann G. Fox serves as Director at Devon Energy Corporation since June 05, 2019. She has been Chief Executive Officer and President of Nine Energy Service, Inc. since July 2015. Ms. Fox served as Chief F ...
CEO Compensation Analysis
Compensation vs Market: Ann's total compensation ($USD3.92M) is above average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Ann's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||2.2yrs||US$1.86m||0.15% $247.9k|
|Executive VP & COO||1.1yrs||US$2.48m||0.40% $662.0k|
|President of Administration & Operations||0.4yrs||US$1.16m||0.36% $600.3k|
|Senior VP||2.9yrs||US$1.55m||0.17% $281.6k|
|Chief Accounting Officer||1.4yrs||no data||0.056% $92.6k|
|Chief Technology Officer||0yrs||no data||no data|
|Vice President of Investor Relations & Marketing||2.9yrs||no data||no data|
|Senior Vice President of US Completion Tools||1.1yrs||no data||no data|
Experienced Management: NINE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Independent Director||3yrs||US$170.00k||0.027% $45.1k|
|Independent Director||7yrs||US$170.00k||0.027% $45.1k|
|Independent Director||3yrs||US$180.00k||0.17% $288.1k|
|Chairman of the Board||3yrs||US$249.99k||0.44% $736.9k|
|Independent Director||6.9yrs||US$170.00k||0.14% $226.3k|
|Independent Director||6.8yrs||no data||0.070% $116.1k|
|Independent Director||2.8yrs||US$312.50k||0.045% $74.5k|
|Independent Director||1.5yrs||US$159.99k||0.029% $48.3k|
Experienced Board: NINE's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 34.8%.
Nine Energy Service, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Nine Energy Service, Inc.
- Ticker: NINE
- Exchange: NYSE
- Founded: 2011
- Industry: Oil and Gas Equipment and Services
- Sector: Energy
- Market Cap: US$165.687m
- Shares outstanding: 30.57m
- Website: https://nineenergyservice.com
Number of Employees
- Nine Energy Service, Inc.
- 2001 Kirby Drive
- Suite 200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NINE||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 2018|
|NEJ||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 2018|
Nine Energy Service, Inc. operates as an onshore completion and production services provider that targets unconventional oil and gas resource development in North America and internationally. It operates in two segments, Completion Solutions and Production Solutions. The Completion Solutions segment offers cementing services; completion tools, including liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, fully-composite and dissolvable frac plugs, casing flotation tools, specialty open hole float equipment, disk subs, and centralizers; a portfolio of completion technologies; wireline services; and coiled tubing services. The Production Solutions segment provides production enhancement and well workover services through well servicing rigs and ancillary equipment. This segment offers well services to its customers through a fleet of 107 rigs. 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 03:06|
|End of Day Share Price||2020/02/21 00:00|
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 here.