Here are the 10-K annual reports from Nine Energy Service, Inc. (NINE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow NINE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NINE filings page.
Nine Energy Service filed an amended annual report mainly to add Part III information on directors, executive compensation, ownership and governance that was omitted from the original Form 10‑K. The filing outlines a post‑reorganization board and leadership structure following the company’s emergence from chapter 11 on March 5, 2026.
It details director and executive backgrounds, 2025 pay practices, stock ownership guidelines, clawback and insider‑trading policies, and equity plan usage. As of June 30, 2025, non‑affiliate common stock held a market value of $28,438,468, and 13,949,990 common shares were outstanding as of April 27, 2026. Philosophy Capital Management and MacKay Shields are disclosed as significant shareholders with voting‑cap agreements limiting their effective voting power above 10%.
Nine Energy Service, Inc. outlines a major financial restructuring in its latest annual report. The company and its subsidiaries filed voluntary Chapter 11 cases on February 1, 2026 to implement a prepackaged reorganization plan supported by key noteholders and asset-based lenders.
The confirmed plan contemplates a complete wipeout of existing common stock, with all current shares canceled for no consideration and 100% of new common equity issued to holders of Nine’s 13.000% Senior Secured Notes due 2028. Management explicitly warns that trading in its securities during the Chapter 11 process is highly speculative and that common shareholders are expected to suffer a significant or total loss.
The restructuring is anchored by a senior secured super-priority DIP ABL facility of up to $125 million, which is intended to convert into a $135 million exit ABL facility upon effectiveness of the plan. Nine continues to operate as a debtor-in-possession while the Bankruptcy Court’s automatic stay limits creditor enforcement actions.
The report also notes that the NYSE has filed to delist Nine’s common stock, and details extensive risk factors tied to bankruptcy uncertainty, heavy leverage, cyclicality in onshore oil and gas activity, regulatory and environmental pressures, and the potential for inflation and competition to weigh on future results.