NINE - Nine Energy Service Inc Stock Price, Fair Value and News

1.86USD+0.04 (+2.20%)Delayed

Market Summary

USD1.86+0.04

Delayed

2.20%

NINE Alerts

1 major insider sales recently.

NINE Stock Price

View Fullscreen

NINE RSI Chart

NINE Valuation

Market Cap

65.7M

Price/Earnings (Trailing)

-1.92

Price/Sales (Trailing)

0.11

EV/EBITDA

8.05

Price/Free Cashflow

7.33

NINE Price/Sales (Trailing)

NINE Profitability

Operating Margin

-15.75%

EBT Margin

-5.83%

Return on Equity

78.86%

Return on Assets

-8.98%

Free Cashflow Yield

13.64%

NINE Fundamentals

NINE Revenue

Revenue (TTM)

588.2M

Rev. Growth (Yr)

-13.03%

Rev. Growth (Qtr)

-1.36%

NINE Earnings

Earnings (TTM)

-34.2M

Earnings Growth (Yr)

-31.85%

Earnings Growth (Qtr)

21.83%

Breaking Down NINE Revenue

Last 7 days

-1.6%

Last 30 days

-28.7%

Last 90 days

-18.4%

Trailing 12 Months

-43.3%

How does NINE drawdown profile look like?

NINE Financial Health

Current Ratio

2.27

Debt/Equity

-7.32

Debt/Cashflow

0.1

NINE Investor Care

Shares Dilution (1Y)

1.75%

Diluted EPS (TTM)

-1.02

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	588.2M	0	0	0
2023	639.9M	658.9M	632.1M	609.5M
2022	399.7M	457.2M	531.8M	593.4M
2021	230.9M	262.9M	306.3M	349.4M
2020	749.9M	565.1M	412.3M	310.9M
2019	883.1M	915.1M	899.0M	832.9M
2018	612.1M	681.7M	752.0M	827.2M
2017	347.7M	413.0M	478.3M	543.7M
2016	0	0	0	282.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Nine Energy Service Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 10, 2024	sirkes guy	sold	-22,833	1.98	-11,532	see remarks
May 09, 2024	danner ernie l	sold	-271,516	1.984	-136,853	-
May 09, 2024	moore theodore r.	sold	-24,260	2.00	-12,130	see remarks
May 09, 2024	crombie david	sold	-42,545	1.952	-21,796	see remarks
May 09, 2024	sirkes guy	sold	-7,870	1.974	-3,987	see remarks
May 07, 2024	danner ernie l	acquired	-	-	72,116	-
May 07, 2024	willis darryl keith	acquired	-	-	48,077	-
May 07, 2024	waite andrew l	acquired	-	-	48,077	-
May 07, 2024	fox ann g	acquired	-	-	294,644	see remarks
May 07, 2024	luz s. brett	acquired	-	-	25,723	chief accounting officer

Which funds bought or sold NINE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-84.43	-191,332	28,618	-%
May 16, 2024	Jaffetilchin Investment Partners, LLC	added	86.77	48,118	133,878	0.01%
May 15, 2024	MARSHALL WACE, LLP	reduced	-47.14	-528,809	418,573	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-28,381	146,089	-%
May 15, 2024	MORGAN STANLEY	added	12.04	-52,905	779,238	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	added	17.37	-5,089	263,043	-%
May 15, 2024	BARCLAYS PLC	unchanged	-	-1,000	4,000	-%
May 15, 2024	CastleKnight Management LP	unchanged	-	-107,821	548,905	0.03%
May 15, 2024	Kestra Advisory Services, LLC	added	17.23	-2,672	129,653	-%
May 15, 2024	OCCUDO QUANTITATIVE STRATEGIES LP	sold off	-100	-121,626	-	-%

Are Funds Buying or Selling NINE?

Are funds buying NINE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NINE

No. of Funds

NINE Alerts

1 major insider sales recently.

Unveiling Nine Energy Service Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	gendell jeffrey l	7.01%	2,477,510	SC 13G/A
Apr 07, 2023	gendell jeffrey l	4.53%	1,572,916	SC 13G
Jan 31, 2022	cox howard e jr	5.8%	2,006,253	SC 13G
Aug 26, 2021	cox howard e jr	5.5%	1,812,646	SC 13G
Feb 16, 2021	thrivent financial for lutherans	5.30%	1,672,233	SC 13G/A
Feb 16, 2021	capital world investors	0.0%	0	SC 13G/A
Feb 11, 2021	adage capital partners gp, l.l.c.	6.28%	1,982,034	SC 13G/A
Sep 11, 2020	thrivent financial for lutherans	5.9%	1,802,084	SC 13G
Feb 14, 2020	capital world investors	8.0%	2,453,000	SC 13G/A
Feb 12, 2020	adage capital partners gp, l.l.c.	6.44%	1,968,570	SC 13G/A

Recent SEC filings of Nine Energy Service Inc

View All Filings

Date Filed	Form Type	Document
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	144	Notice of Insider Sale Intent
May 10, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to Nine Energy Service Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SLB	69.4B	-	-4.37%	8.34%	16.01	18.27	-86.47%	12.21%
HAL	33.6B	23.1B	-0.37%	26.88%	12.92	1.45	6.71%	32.21%
MID-CAP
FTI	11.4B	8.1B	4.54%	95.93%	53.62	1.4	18.75%	572.06%
NOV	7.5B	8.8B	3.30%	25.61%	7.65	0.86	14.70%	198.19%
CHX	6.5B	3.7B	-4.71%	24.12%	17.98	1.75	-4.02%	100.20%
LBRT	3.9B	4.6B	10.08%	85.95%	8.29	0.86	-1.29%	-16.22%
AROC	3.2B	1.0B	8.02%	114.81%	24.95	3.13	17.17%	118.50%
SMALL-CAP
DNOW	1.5B	2.3B	-6.84%	44.28%	6.15	0.63	2.36%	81.92%
CLB	681.3M	-	8.21%	-15.05%	28.73	1.36	-	-
DRQ	662.9M	443.5M	-3.02%	-19.45%	-30.56	1.49	19.98%	-325.36%
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	261.8M	701.7M	-21.46%	-25.01%	10.22	0.37	0.29%	55.69%

Nine Energy Service Inc News

Latest updates

Nine Energy Service Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In null)

Income Statement (Quarterly)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-1.4%	142	144	141	161	163	167	167	142	117	105	93.00	85.00	67.00	62.00	50.00	53.00	147	163	202	238	230
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	167	185	-
S&GA Expenses	-100.0%	-	13.00	13.00	14.00	20.00	14.00	13.00	12.00	12.00	12.00	11.00	12.00	10.00	11.00	11.00	11.00	16.00	20.00	19.00	22.00	20.00
EBITDA Margin	-1.4%	0.08*	0.08*	0.10*	0.13*	0.13*	0.13*	-0.03*	-0.10*	-0.17*	-0.20*	-0.31*	-0.36*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.2%	13.00	13.00	13.00	13.00	12.00	8.00	8.00	8.00	8.00	-57.06	8.00	8.00	9.00	-64.90	9.00	9.00	10.00	-69.71	10.00	11.00	9.00
Income Taxes	-9.9%	0.00	0.00	0.00	-0.68	1.00	0.00	0.00	-0.52	0.00	-0.19	0.00	0.00	0.00	-0.11	-0.04	-0.19	-2.12	-2.34	1.00	-2.73	0.00
Earnings Before Taxes	22.0%	-7.90	-10.13	-13.05	-3.22	-5.22	8.00	15.00	-1.50	-6.79	-15.94	-16.01	-24.43	-8.22	-35.48	-18.54	-24.36	-303	-222	-19.90	3.00	18.00
EBT Margin	-12.4%	-0.06*	-0.05*	-0.02*	0.02*	0.03*	0.03*	-0.02*	-0.09*	-0.16*	-0.18*	-0.27*	-0.33*	-	-	-	-	-	-	-	-	-
Net Income	21.8%	-8.05	-10.30	-13.26	-2.54	-6.11	8.00	14.00	-0.98	-6.90	-15.75	-16.05	-24.53	-8.25	-35.37	-18.50	-24.17	-300	-220	-20.63	6.00	17.00
Net Income Margin	-9.9%	-0.06*	-0.05*	-0.02*	0.02*	0.02*	0.02*	-0.02*	-0.09*	-0.16*	-0.18*	-0.27*	-0.33*	-	-	-	-	-	-	-	-	-
Free Cashflow	-190.6%	-14.32	16.00	-13.68	21.00	-2.38	-10.75	10.00	-3.50	-7.33	-24.29	-3.55	-20.32	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-5.4%	380	402	387	438	427	427	407	396	391	382	386	395	419	443	438	469	535	851	1,082	1,098	1,129
Current Assets	-8.7%	168	184	163	208	196	197	189	173	159	139	144	143	154	166	189	207	262	269	293	291	316
Cash Equivalents	-66.8%	10.00	31.00	12.00	41.00	21.00	17.00	21.00	22.00	20.00	22.00	30.00	33.00	53.00	69.00	80.00	89.00	90.00	93.00	93.00	17.00	31.00
Inventory	3.4%	56.00	54.00	59.00	63.00	67.00	62.00	53.00	49.00	46.00	42.00	43.00	41.00	39.00	38.00	53.00	59.00	63.00	61.00	66.00	88.00	98.00
Net PPE	-1.4%	81.00	82.00	84.00	87.00	88.00	90.00	76.00	78.00	82.00	87.00	84.00	88.00	97.00	102	109	115	121	129	199	221	221
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296	316	308	308
Liabilities	-3.2%	424	438	413	452	438	450	440	442	436	421	411	404	405	422	385	399	443	461	475	473	513
Current Liabilities	-10.8%	74.00	83.00	58.00	84.00	73.00	81.00	103	93.00	68.00	56.00	61.00	54.00	54.00	43.00	35.00	29.00	58.00	61.00	74.00	71.00	94.00
Long Term Debt	-1.1%	317	321	319	333	332	338	306	318	338	332	317	317	317	343	343	366	379	392	392	391	405
LT Debt, Current	-36.9%	2.00	3.00	-	0.00	1.00	2.00	27.00	28.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	-	-	-	-	-
LT Debt, Non Current	-100.0%	-	321	319	333	332	338	306	318	338	332	317	317	317	343	343	366	379	392	392	391	405
Shareholder's Equity	-21.6%	-43.31	-35.63	-	-	-11.34	-23.51	-	-	-	-	-	-	14.00	20.00	54.00	70.00	92.00	390	607	624	615
Retained Earnings	-1.0%	-834	-826	-815	-802	-800	-794	-802	-816	-815	-808	-792	-776	-752	-743	-708	-689	-665	-364	-144	-123	-129
Additional Paid-In Capital	0.1%	796	795	795	794	793	775	775	774	774	773	772	771	770	768	766	764	762	759	755	752	750
Shares Outstanding	0%	35.00	35.00	35.00	35.00	35.00	33.00	31.00	31.00	30.00	33.00	30.00	30.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	93.00	-	-	-	48.00	-	-	-	48.00	-	-	-	32.00	-	-	-	278	-

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-136.3%	-8,837	24,324	-9,910	27,130	3,965	8,441	15,120	-430	-6,459	-13,712	-1,835	-19,626	-5,243	-9,541	2,281	1,614	745	14,497	69,400	11,520	5,888
Share Based Compensation	0.5%	581	578	580	522	489	497	521	495	927	1,215	1,153	1,028	2,010	2,027	2,020	2,105	3,592	3,504	3,286	4,114	3,153
Cashflow From Investing	35.3%	-5,460	-8,442	-3,615	-5,816	-5,284	-19,170	-4,620	-2,967	1,340	-10,086	-698	448	-1,585	-1,228	-2,318	1,233	535	-14,528	7,477	-8,931	-18,139
Cashflow From Financing	-330.2%	-6,223	2,703	-15,460	-1,480	5,344	6,655	-11,327	5,954	3,567	15,358	-604	-645	-9,061	-748	-8,374	-4,355	-3,908	-359	-361	-16,906	-20,279

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

NINE Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues	$ 142,120	$ 163,408
Cost and expenses
General and administrative expenses	12,265	19,714
Depreciation	6,734	7,420
Amortization of intangibles	2,796	2,896
Gain on revaluation of contingent liability	(74)	(292)
Gain on sale of property and equipment	(26)	(330)
Income from operations	4,419	6,882
Interest expense	12,792	12,454
Interest income	(310)	(185)
Other income	(162)	(162)
Loss before income taxes	(7,901)	(5,225)
Provision for income taxes	154	884
Net loss	$ (8,055)	$ (6,109)
Loss per share
Basic (in usd per share)	$ (0.24)	$ (0.19)
Diluted (in usd per share)	$ (0.24)	$ (0.19)
Weighted average shares outstanding
Basic (in shares)	33,850,317	32,304,361
Diluted (in shares)	33,850,317	32,304,361
Other comprehensive loss, net of tax
Foreign currency translation adjustments, net of $0 tax in each period	$ (210)	$ (168)
Total other comprehensive loss, net of tax	(210)	(168)
Total comprehensive loss	(8,265)	(6,277)
Service
Revenues	106,893	125,620
Cost and expenses
Cost of revenues (exclusive of depreciation and amortization shown separately below)	90,090	98,167
Product
Revenues	35,227	37,788
Cost and expenses
Cost of revenues (exclusive of depreciation and amortization shown separately below)	$ 25,916	$ 28,951

NINE Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 10,237	$ 30,840
Accounts receivable, net	90,968	88,449
Income taxes receivable	344	490
Inventories, net	56,340	54,486
Prepaid expenses and other current assets	9,798	9,368
Total current assets	167,687	183,633
Property and equipment, net	81,232	82,366
Operating lease right of use assets, net	40,600	42,056
Finance lease right of use assets, net	31	51
Intangible assets, net	87,633	90,429
Other long-term assets	3,227	3,449
Total assets	380,410	401,984
Current liabilities
Accounts payable	38,828	33,379
Accrued expenses	22,804	36,171
Current portion of long-term debt	1,805	2,859
Current portion of operating lease obligations	10,396	10,314
Current portion of finance lease obligations	21	31
Total current liabilities	73,854	82,754
Long-term liabilities
Long-term debt	317,100	320,520
Long-term operating lease obligations	30,903	32,594
Other long-term liabilities	1,867	1,746
Total liabilities	423,724	437,614
Commitments and contingencies (Note 10)
Stockholders’ equity (deficit)
Common stock (120,000,000 shares authorized at $0.01 par value; 35,324,861 shares issued and outstanding at both March 31, 2024 and December 31, 2023)	353	353
Additional paid-in capital	795,687	795,106
Accumulated other comprehensive loss	(5,069)	(4,859)
Accumulated deficit	(834,285)	(826,230)
Total stockholders’ equity (deficit)	(43,314)	(35,630)
Total liabilities and stockholders’ equity (deficit)	$ 380,410	$ 401,984

About Nine Energy Service Inc

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.

CEO	Ms. Ann G. Fox
WEBSITE	https://nineenergyservice.com
INDUSTRY	Oil - Services
EMPLOYEES	1212

Nine Energy Service Inc Frequently Asked Questions

What is the ticker symbol for Nine Energy Service Inc? What does NINE stand for in stocks?

NINE is the stock ticker symbol of Nine Energy Service Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nine Energy Service Inc (NINE)?

As of Fri May 17 2024, market cap of Nine Energy Service Inc is 65.7 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NINE stock?

You can check NINE's fair value in chart for subscribers.

What is the fair value of NINE stock?

You can check NINE's fair value in chart for subscribers. The fair value of Nine Energy Service Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nine Energy Service Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NINE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nine Energy Service Inc a good stock to buy?

The fair value guage provides a quick view whether NINE is over valued or under valued. Whether Nine Energy Service Inc is cheap or expensive depends on the assumptions which impact Nine Energy Service Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NINE.

What is Nine Energy Service Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, NINE's PE ratio (Price to Earnings) is -1.92 and Price to Sales (PS) ratio is 0.11. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NINE PE ratio will change depending on the future growth rate expectations of investors.