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Nine Energy Service Inc

Energy US NINE

2.28USD
-0.02(0.87%)

Last update at 2024-04-25T20:10:00Z

Day Range

2.232.32
LowHigh

52 Week Range

1.7817.10
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 14.94M -64.60000M -381.40600M -221.63800M -50.60800M
Minority interest - - - - -
Net income 14.39M -64.57500M -378.94800M -217.75100M -52.98300M
Selling general administrative 51.65M 45.30M 49.35M 81.33M 75.99M
Selling and marketing expenses - - - - -
Gross profit 96.04M -3.59400M -40.20400M 94.05M 124.06M
Reconciled depreciation 48.92M 53.04M 57.80M 68.91M 63.81M
Ebit 43.57M -48.57100M -383.16500M 13.58M 47.72M
Ebitda 94.32M 4.47M -31.07800M 82.49M 111.54M
Depreciation and amortization 50.75M 53.04M 352.09M 68.91M 63.81M
Non operating income net other 3.15M 17.64M 38.46M 0.86M -
Operating income 43.57M -48.57100M -383.16500M 13.58M -28.29300M
Other operating expenses 548.99M 398.31M 400.40M 820.22M 779.11M
Interest expense 32.49M 32.53M 36.76M 39.77M 22.32M
Tax provision 0.55M -0.02500M -2.45800M -3.88700M 2.38M
Interest income 0.30M 0.03M 0.61M 0.86M 22.32M
Net interest income -32.18100M -32.50100M -36.14400M -38.91000M -22.31500M
Extraordinary items - - - - -
Non recurring 0.37M 0.66M 293.34M 200.74M -
Other items - - - - -
Income tax expense 0.55M -0.02500M -2.45800M -3.88700M 2.38M
Total revenue 593.38M 349.42M 310.85M 832.94M 827.17M
Total operating expenses 51.65M 45.30M 49.35M 81.33M 75.99M
Cost of revenue 497.34M 353.01M 351.06M 738.89M 703.11M
Total other income expense net -28.62900M -16.02900M 1.76M -235.21800M -76.36100M
Discontinued operations - - - - -
Net income from continuing ops 14.39M -64.57500M -378.94800M -217.75100M -52.98300M
Net income applicable to common shares 14.39M -64.57500M -378.94800M -217.75100M -52.98300M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 426.83M 381.61M 442.60M 850.89M 1141.17M
Intangible assets 101.94M 116.41M 132.52M 148.99M 282.16M
Earning assets - - - - -
Other current assets 11.22M 10.20M 16.27M 17.43M 15.72M
Total liab 450.34M 420.88M 422.19M 461.02M 546.35M
Total stockholder equity -23.50700M -39.26700M 20.41M 389.88M 594.82M
Deferred long term liab - - - 1.59M -
Other current liab 28.39M 18.52M 17.14M 0.39M 60.25M
Common stock 0.33M 0.33M 0.32M 0.31M 0.30M
Capital stock 0.33M 0.33M 0.32M 0.31M 0.30M
Retained earnings -794.01700M -808.41000M -743.83500M -364.81500M -147.06400M
Other liab 1.94M 1.61M 2.66M 5.54M 10.75M
Good will - - 0.00000M 296.20M 307.80M
Other assets 1.56M 381.61M 41.48M 8.19M 6.39M
Cash 17.45M 21.51M 68.86M 92.99M 63.62M
Cash and equivalents - - - - -
Total current liabilities 81.00M 56.45M 43.41M 61.22M 108.29M
Current deferred revenue - - - 24.34M 1.24M
Net debt 360.36M 350.56M 315.39M 302.27M 364.36M
Short term debt 10.40M 9.25M 8.14M 0.99M 0.67M
Short long term debt 2.27M 2.09M 0.84M - -
Short long term debt total 377.80M 372.07M 384.25M 395.25M 427.97M
Other stockholder equity 775.01M 773.35M 768.43M 758.85M 746.43M
Property plant equipment 89.72M 123.52M 102.43M 128.60M 211.64M
Total current assets 196.72M 139.30M 166.16M 268.92M 333.18M
Long term investments - - - - -
Net tangible assets -125.45200M -155.67500M -112.11500M -55.31000M 4.86M
Short term investments - - - - -
Net receivables 106.02M 65.42M 42.63M 97.55M 162.41M
Long term debt 338.03M 332.31M 342.71M 392.06M 424.98M
Inventory 62.05M 42.18M 38.40M 60.95M 91.44M
Accounts payable 42.21M 28.68M 18.14M 35.49M 46.13M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -4.82800M -4.53500M -4.50100M -4.46700M -4.84300M
Additional paid in capital - - - - -
Common stock total equity 0.33M 0.33M 0.32M 0.31M 0.30M
Preferred stock total equity - - - - -
Retained earnings total equity -794.01700M -808.41000M -743.83500M -364.81500M -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 1.56M 2.38M 3.31M 8.19M 6.39M
Deferred long term asset charges - - - - -
Non current assets total 230.11M 242.31M 276.44M 581.98M 808.00M
Capital lease obligations 37.50M 37.66M 40.70M 3.20M 3.00M
Long term debt total 338.03M 332.31M 342.71M 394.26M 427.31M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -25.41700M -11.92100M -1.77800M 24.54M 2.94M
Change to liabilities 20.13M 12.45M -26.18800M -28.19500M 26.90M
Total cashflows from investing activities -25.41700M -11.92100M -1.77800M -34.12100M -389.76500M
Net borrowings 7.09M 5.67M -14.84200M -35.90300M 176.41M
Total cash from financing activities 4.85M 5.05M -17.38500M -37.90500M 346.69M
Change to operating activities -9.45000M -6.29300M -3.08300M -0.21600M -5.42700M
Net income 14.39M -64.57500M -378.94800M -217.75100M -52.98300M
Change in cash -4.06400M -47.35500M -24.12500M 29.37M 46.10M
Begin period cash flow 21.51M 68.86M 92.99M 63.62M 17.51M
End period cash flow 17.45M 21.51M 68.86M 92.99M 63.62M
Total cash from operating activities 16.67M -40.41600M -4.90100M 101.31M 89.58M
Issuance of capital stock - - - 0.00000M 171.75M
Depreciation 48.92M 53.04M 57.80M 68.91M 63.81M
Other cashflows from investing activities 3.13M 3.49M 7.64M 6.30M -346.06000M
Dividends paid - - - - 563.83M
Change to inventory -22.96800M -8.60800M 13.60M 22.55M -15.04100M
Change to account receivables -41.11400M -22.54000M 52.91M 41.85M -24.97200M
Sale purchase of stock - - -0.15800M -1.64300M -0.92700M
Other cashflows from financing activities 27.11M 15.89M -1.39000M 9.64M 1106.98M
Change to netincome 4.22M -6.49000M 275.71M 211.18M 94.32M
Capital expenditures 28.55M 15.41M 9.42M 64.96M 46.65M
Change receivables -41.11400M -22.54000M 52.91M 41.85M -24.97200M
Cash flows other operating -0.78000M 1.73M 6.28M -0.21600M -5.42700M
Exchange rate changes - - - - -
Cash and cash equivalents changes -3.89600M -47.28900M -24.06400M 29.28M 46.50M
Change in working capital -53.40100M -24.99400M 37.24M 35.99M -18.53900M
Stock based compensation 2.44M 5.41M 9.74M 14.06M 13.22M
Other non cash items 4.32M 3.06M 270.85M 204.43M 83.17M
Free cash flow -11.87900M -55.82900M -14.31800M 36.35M 42.93M

Fundamentals

  • Previous Close 2.30
  • Market Cap92.90M
  • Volume187580
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA72.38M
  • Revenue TTM632.12M
  • Revenue Per Share TTM19.37
  • Gross Profit TTM 136.29M
  • Diluted EPS TTM-0.41

Peer Comparison

Sector: Energy Industry: Oil & Gas Equipment & Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NINE
Nine Energy Service Inc
-0.02 0.87% 2.28 - - 0.15 5.01 0.71 5.20
SLB
Schlumberger NV
0.33 0.67% 49.44 18.64 14.51 2.34 3.87 2.64 11.32
BKR
Baker Hughes Co
0.63 1.93% 33.30 20.43 16.45 1.40 2.25 1.53 9.97
HAL
Halliburton Company
- -% 38.72 12.44 10.36 1.42 3.54 1.72 8.38
TS
Tenaris SA ADR
0.07 0.19% 37.39 5.88 7.97 1.37 1.24 1.19 3.33

Reports Covered

Stock Research & News

Profile

Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. It offers cementing services, which consist of blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool in lengths of up to 30,000 feet. 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.

Nine Energy Service Inc

2001 Kirby Drive, Houston, TX, United States, 77019

Key Executives

Name Title Year Born
Ms. Ann G. Fox Pres, CEO & Director 1977
Mr. Guy Sirkes Sr. VP & CFO 1986
Mr. David Crombie Exec. VP & COO 1974
Mr. Theodore R. Moore Sr. VP, Gen. Counsel & Sec. 1978
Mr. S. Brett Luz Chief Accounting Officer NA
Mr. James Clair Holley Chief Technology Officer NA
Ms. Heather Schmidt VP of Strategic Devel., Investor Relations & Marketing NA
Mr. Nick Pottmeyer Pres of Completion Tools NA
Mr. Edward Bruce Morgan Pres of Wireline 1968
Mr. Joe Huwel Pres of Cementing & Coiled Tubing NA

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