Welcome to our dedicated page for NINE ENERGY SVC news (Ticker: NINE), a resource for investors and traders seeking the latest updates and insights on NINE ENERGY SVC stock.
Nine Energy Service, Inc. (NYSE: NINE) is an oilfield services company that offers completion solutions to the oil and gas industry within North America and abroad. Headquartered in Houston, Texas, the company operates in major basins such as the Permian, Eagle Ford, Haynesville, SCOOP/STACK, Niobrara, Barnett, Bakken, Marcellus and Utica, as well as in Canada. Its news flow provides insight into activity levels and trends across these regions and service lines.
This NINE news page aggregates company-specific announcements, earnings releases and operational updates. Investors can review quarterly results, including revenue, net loss and adjusted EBITDA figures, along with management commentary on rig counts, pricing dynamics and activity in natural gas–levered and oil-levered basins. The company’s communications frequently discuss performance in cementing, completion tools, wireline and coiled tubing divisions, as well as developments in its international tools business.
Regulatory and capital markets updates are also a recurring theme in Nine’s news. Examples include disclosures about its asset-based revolving credit facility, liquidity position, at-the-market equity offering program and notices from the New York Stock Exchange regarding continued listing requirements. News items may also highlight board and governance changes reported in Form 8-K filings.
By following Nine Energy Service news, readers can track how shifts in commodity prices, rig activity, regional weather conditions and customer behavior affect the company’s operations and financial performance. This page provides a centralized view of NINE’s official press releases and related updates, making it easier to monitor ongoing developments in its completion-focused oilfield services business.
Nine Energy Service (NYSE:NINE) will hold its third quarter 2021 earnings conference call on November 4, 2021, at 9:00 am Central Time. The call will cover the company's financial and operational results for the quarter ending September 30, 2021, which will be released beforehand. Participants can join the call by dialing (877) 524-8416 in the U.S. or (412) 902-1028 internationally, and a replay will be available until November 18, 2021.
Nine Energy Service (NYSE: NINE) reported second quarter 2021 revenues of $84.8 million and a net loss of $(24.5 million), or $(0.81) per share. Adjusted EBITDA stood at $(0.4 million), with a sequential revenue increase of 27%. The company faced challenges with $2.4 million in inventory write-downs and cost inflation. However, it noted strong activity in the Permian region and a significant increase in dissolvable plug sales. Despite favorable oil prices, moderate activity growth is expected for the remainder of 2021.
Nine Energy Service, Inc. (NYSE:NINE) will hold its second quarter 2021 earnings conference call on August 5, 2021, at 9:00 am Central Time. The financial results for the quarter ending June 30, 2021, will be released prior to the call. Participants can access the call by dialing US (Toll Free): (877) 524-8416 or International: (412) 902-1028. A replay will be available until August 19, 2021, by calling US (Toll Free): (877) 660-6853 or International: (201) 612-7415. Nine specializes in oilfield services with operations across North America.
Nine Energy Service reported Q1 2021 revenues of $66.6 million with a net loss of $(8.2) million or $(0.28) per share. Adjusted EBITDA stood at $(3.4) million.
Despite a 3% decrease in EIA-reported completed wells, revenue increased 8% due to heightened activity in cementing and completion tools. The company repurchased $26.3 million of bonds for $8.4 million cash during Q1, raising liquidity to $98.8 million. Nine anticipates double-digit revenue growth in Q2 and Q3, exhibiting cautious optimism about market recovery.
Nine Energy Service (NYSE:NINE) has announced its first quarter 2021 earnings conference call scheduled for May 6, 2021, at 9:00 am CT. The company will discuss its financial and operational results for the quarter ending March 31, 2021, which are expected to be released before the call. Participants can join by dialing the provided toll-free numbers, with a replay available until May 20, 2021. Nine Energy Service specializes in oilfield completion solutions across North America and aims to deliver superior service quality and efficiencies in the oil and gas industry.
Nine reported Q4 2020 revenues of $62.0 million with a net loss of $(35.4) million and adjusted EBITDA of $(13.9) million. Revenue increased 25% quarter-over-quarter, though pricing pressures and non-cash items impacted net loss. The company ended 2020 with $68.9 million in cash and reduced debt by repurchasing bonds at 27% of par value. For 2021, Nine anticipates continued challenges with E&P capital spending expected to decline year-over-year, despite operational gains like a market share increase to 23% of U.S. stages completed.
Nine Energy Service (NYSE:NINE) has scheduled its fourth quarter and full year 2020 earnings conference call for March 8, 2021, at 9:00 am CT. The company will discuss its financial results for the period ending December 31, 2020, which will be released prior to the call. Stakeholders can join the live call via U.S. (Toll Free): (877) 524-8416 or International: (412) 902-1028. A replay will be available until March 22, 2021. Nine Energy Service specializes in oilfield services, providing customized solutions and technology in the North American oil and gas sector.
Nine Energy Service (NINE) announced Q3 2020 revenues of $49.5 million, reporting a net loss of $(18.5) million and an adjusted EBITDA of $(11.1) million. Despite challenges in the US market with fewer completions and new wells drilled, sequential activity and revenue increased month over month. The company repurchased $23.6 million of bonds at a discount, reducing debt and cash interest expenses. With total liquidity of $119.8 million, Nine is poised for improvement in Q4, though competition remains fierce, affecting pricing.
Nine Energy Service, Inc. (NYSE:NINE) has announced its third quarter 2020 earnings conference call scheduled for November 5, 2020, at 9:00 am Central Time. The call will include discussions on the financial and operational results for Q3 2020, expected to be released beforehand. Participants can join via provided U.S. and international dialing numbers, and a replay will be available until November 19, 2020. Nine Energy Service specializes in oilfield services, offering tailored completion solutions across North America and beyond, with a commitment to advanced technology and service quality.