Welcome to our dedicated page for Nine Energy Serv news (Ticker: NINE), a resource for investors and traders seeking the latest updates and insights on Nine Energy Serv stock.
Nine Energy Service Inc (NINE) provides specialized completion solutions for North America's unconventional oil and gas sector, offering cementing services, advanced completion tools, and custom technical expertise. This page serves as the definitive source for verified corporate announcements and operational updates.
Investors and industry professionals will find consolidated access to earnings reports, partnership developments, technology innovations, and strategic initiatives. Our news collection prioritizes timeliness and accuracy, delivering essential updates on:
• Quarterly financial results
• Equipment deployment milestones
• Basin-specific operational expansions
• Leadership and regulatory updates
Bookmark this page for streamlined tracking of NINE's evolving role in energy services. Check regularly for objective updates directly impacting market positioning and operational capabilities in key North American plays.
Nine Energy Service, Inc. (NYSE: NINE) reported first quarter 2024 revenues of $142.1 million, with a net loss of $(8.1) million. Despite a flat US rig count, the company saw an increase in gross profit in Q1 versus Q4. Additionally, they surpassed 60,000 Stinger™ Dissolvable Plug units sold. The company remains positive on the medium and long-term outlook for natural gas markets, despite challenges in natural-gas levered basins. Nine's strategy focuses on diversifying revenue streams and maintaining an asset-light business model with innovative technology and exceptional service.
Nine Energy Service (NYSE: NINE) has announced its first quarter 2023 earnings conference call set for May 9, 2023, at 9:00 am Central Time. During this call, the company will discuss financial and operational results for the quarter ending March 31, 2023, which are expected to be released prior to the conference call.
Participants can join the call by dialing U.S. Toll Free: (877) 524-8416, or International: (412) 902-1028. A telephonic replay will be available until May 23, 2023 by dialing U.S. Toll Free: (877) 660-6853.
Headquartered in Houston, Texas, Nine Energy Service offers oilfield completion solutions across North America, emphasizing customized solutions and technology to enhance efficiencies in the oil and gas sector.