NexTier Oilfield Solutions Inc

NexTier Oilfield Solutions, Inc.is an oilfield service company. It offers completion solutions, hydraulic fracturing, wire line, pump down, coiled tubing, cementing, rig services, special services, and fluids management services. The company operates through the following segments: Completion Services, Well Construction and Intervention Services, and Well Support Services. The Completion Services segment consists of fracturing services, wireline and pumping services, and completion support services, which includes the research and technology (R&T) department. The Well Construction and Intervention Services segment consists of cementing services and coiled tubing services. The Well Support Services segment consists of rig services, fluids management services, and specialty well site services. The company was founded on October 13, 2016 and is headquartered in Houston, TX.

Earnings data Q2 2024

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Nextier Oilfield Solutions has been divided into two segments completion services, wireline and pump-down services, and complete support services. The construction and intervention services offer cementing and coiled tubing services.

NexTier Oilfield Solutions (NEX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

NexTier Oilfield Solutions (NEX) Shows Fast-paced Momentum But Is Still a Bargain Stock

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NexTier Oilfield Solutions (NEX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will NexTier Oilfield Solutions (NEX) Beat Estimates Again in Its Next Earnings Report?

NexTier Oilfield Solutions (NEX) closed at $7.37 in the latest trading session, marking no change from the prior day.

NexTier Oilfield Solutions (NEX) Flat As Market Sinks: What You Should Know

HOUSTON , Sept. 26, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that it will release its third quarter 2022 financial and operating results after market close on Tuesday, October 25, 2022.

NexTier Announces Timing of Third Quarter 2022 Earnings Release and Conference Call

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Here is how NexTier Oilfield Solutions (NEX) and Nine Energy Service (NINE) have performed compared to their sector so far this year.

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NexTier Oilfield Solutions (NEX) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Despite Fast-paced Momentum, NexTier Oilfield Solutions (NEX) Is Still a Bargain Stock

NexTier Oilfield Solutions Inc. is an oilfield service company operating mainly in the United States. I assumed that the company will likely develop and expand relationships with existing and new customers.

NexTier Oilfield: Undervalued And Recently Increased Its EBITDA Guidance

The average of price targets set by Wall Street analysts indicates a potential upside of 37.7% in NexTier Oilfield Solutions (NEX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Predict a 38% Upside in NexTier Oilfield Solutions (NEX): Here's What You Should Know

HOUSTON , Aug. 3, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) (the "Company") and NexTier Completion Solutions Inc. (a wholly-owned subsidiary of the Company) entered into and closed a definitive agreement to purchase substantially all assets (and assume certain related liabilities) of the sand hauling, wellsite storage and last mile logistics businesses of Continental Intermodal Group LP ("CIG") and its subsidiaries (the "Acquisition") from CIG, Continental Intermodal Group – Trucking, LLC ("Trucking") and CIG Logistics LLC (together with Trucking and CIG, "Sellers") for an aggregate purchase price of (i) approximately $27 million in cash paid at closing to the Sellers plus (ii) 500,000 shares of common stock, par value $.01 per share (the "Shares") issued to CIG. Through the Acquisition, NexTier Completion Solutions Inc. now owns all of the rights and interests in the SANDSTORM® Wellsite Storage Technology, and related intellectual property, as well as in certain other assets, that were previously owned by the Sellers.

NexTier asset acquisition expands Last Mile Logistics capabilities; NexTier completes Coiled Tubing sale

The average of price targets set by Wall Street analysts indicates a potential upside of 28% in NexTier Oilfield Solutions (NEX). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does NexTier Oilfield Solutions (NEX) Have the Potential to Rally 28% as Wall Street Analysts Expect?

NexTier Oilfield Solutions Inc. (NYSE:NEX ) Q2 2022 Results Conference Call July 27, 2022 10:00 AM ET Company Participants Mike Sabella - Vice President of Investor Relations Robert Drummond - President and Chief Executive Officer Kenneth Pucheu - Chief Financial Officer Kevin McDonald - Chief Administrative Officer and General Counsel Conference Call Participants Stephen Gengaro - Stifel Chase Mulvehill - Bank of America Derek Podhaizer - Barclays Andrew Herring - JPMorgan John Daniel - Daniel Energy Partners Operator Good morning, and welcome to the NexTier Oilfield Solutions Second Quarter 2022 Conference Call. As a reminder, today's call is being recorded.

NexTier Oilfield Solutions Inc. (NEX) CEO Robert Drummond on Q2 2022 Results - Earnings Call Transcript

NexTier Oilfield Solutions (NEX) delivered earnings and revenue surprises of 11.43% and 1.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

NexTier Oilfield Solutions (NEX) Tops Q2 Earnings and Revenue Estimates

HOUSTON , July 26, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported second quarter 2022 financial and operational results. Second Quarter 2022 Results and Recent Highlights Total revenue of $842.9 million, a 33% sequential increase and 189% year-over-year Achieved fifth consecutive quarter of 25%+ revenue growth Net income of $68.5 million ($0.27 per diluted share), compared to $8.8 million ($0.04 per diluted share) in the prior quarter and net loss of $31.8 million in second quarter of 2021 Adjusted net income(1) of $98.5 million ($0.39 per diluted share), compared to $20.8 million ($0.08 per diluted share) in the prior quarter and adjusted net loss of $41.7 million in second quarter of 2021 Adjusted EBITDA(1) of $165.9 million, compared to $83.5 million in the prior quarter and $5.3 million in second quarter of 2021 Cash from operations of $117.8 million and positive free cash flow(1) of $67.4 million Exited second quarter of 2022 with total liquidity of $492.4 million, including $158.1 million of cash and undrawn ABL; no term loan maturities until 2025 Management Commentary "Our operations performed at a high level in the second quarter, as strong efficiency gains, combined with net pricing improvements delivered a record quarter for NexTier.

NexTier Announces Second Quarter 2022 Financial and Operational Results

HOUSTON , June 28, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that it will release its second quarter 2022 financial and operating results after market close on Tuesday, July 26, 2022. This release will be followed by a conference call at 9:00 a.m.

NexTier Announces Timing of Second Quarter 2022 Earnings Release and Conference Call

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Nextier Oilfield Solutions Inc. (NYSE:NEX ) Q1 2022 Results Conference Call April 28, 2022 10:00 AM ET Company Participants Michael Sabella - VP, IR Robert Drummond - CEO Kenneth Pucheu - CFO Conference Call Participants Arun Jayaram - JP Morgan Dan Kutz - Morgan Stanley Derek Podhaizer - Barclays Stephen Gengaro - Stifel Operator Good morning, and welcome to the NexTier Oilfield Solutions First Quarter 2022 Conference Call. As a reminder, today's call is being recorded.

Nextier Oilfield Solutions Inc. (NEX) CEO Robert Drummond on Q1 2022 Results - Earnings Call Transcript

NexTier Oilfield Solutions (NEX) delivered earnings and revenue surprises of 166.67% and 11.42%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

NexTier Oilfield Solutions (NEX) Q1 Earnings and Revenues Beat Estimates

HOUSTON, April 27, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported first quarter 2022 financial and operational results. First Quarter 2022 Results and Recent Highlights Total revenue of $635.0 million, a 25% sequential increase.

NexTier Announces First Quarter 2022 Financial and Operational Results

NexTier Oilfield Solutions (NEX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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News for NexTier Oilfield Solutions Inc Stock (NEX)