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

2.31USD+0.03 (+1.32%)Market Closed

Market Summary

USD2.31+0.03

Market Closed

1.32%

NINE Stock Price

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NINE RSI Chart

NINE Valuation

Market Cap

81.6M

Price/Earnings (Trailing)

-2.53

Price/Sales (Trailing)

0.13

EV/EBITDA

7.63

Price/Free Cashflow

3.9

NINE Price/Sales (Trailing)

NINE Profitability

Operating Margin

-11.71%

EBT Margin

-5.19%

Return on Equity

90.41%

Return on Assets

-8.01%

Free Cashflow Yield

25.62%

NINE Fundamentals

NINE Revenue

Revenue (TTM)

609.5M

Rev. Growth (Yr)

-13.56%

Rev. Growth (Qtr)

2.46%

NINE Earnings

Earnings (TTM)

-32.2M

Earnings Growth (Yr)

-229.07%

Earnings Growth (Qtr)

22.3%

Breaking Down NINE Revenue

Last 7 days

-15.1%

Last 30 days

2.2%

Last 90 days

-11.1%

Trailing 12 Months

-40.6%

How does NINE drawdown profile look like?

NINE Financial Health

Current Ratio

2.22

Debt/Equity

-9

Debt/Cashflow

0.14

NINE Investor Care

Shares Dilution (1Y)

1.74%

Diluted EPS (TTM)

-0.97

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
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

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

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	sirkes guy	sold	-36,609	2.191	-16,709	see remarks
Mar 12, 2024	fox ann g	sold	-470,248	2.17	-216,704	see remarks
Aug 11, 2023	crombie david	sold	-187,022	4.6	-40,657	see remarks
Aug 11, 2023	moore theodore r.	sold	-103,772	4.67	-22,221	see remarks
Aug 09, 2023	crombie david	sold	-124,391	4.9	-25,386	see remarks
Aug 09, 2023	luz s. brett	sold	-12,901	4.9	-2,633	chief accounting officer
Aug 09, 2023	moore theodore r.	sold	-68,864	4.9	-14,054	see remarks
Aug 09, 2023	fox ann g	sold	-183,882	4.9	-37,527	see remarks
Aug 09, 2023	sirkes guy	sold	-70,177	4.9	-14,322	see remarks
Aug 08, 2023	crombie david	sold	-272,622	4.32	-63,107	see remarks

Which funds bought or sold NINE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 25, 2024	SIMPLEX TRADING, LLC	reduced	-40.52	-28,000	27,000	-%
Apr 25, 2024	Bank of New York Mellon Corp	reduced	-5.65	-62,213	232,051	-%
Apr 23, 2024	Bell Bank	unchanged	-	-16,393	83,458	0.01%
Apr 19, 2024	Cutler Group LLC / CA	new	-	14,000	14,000	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	new	-	-	-	-%
Apr 15, 2024	Clarity Financial LLC	unchanged	-	-1,087,350	5,535,600	0.84%
Mar 27, 2024	NOMURA HOLDINGS INC	unchanged	-	-59,580	110,885	-%
Mar 11, 2024	VANGUARD GROUP INC	added	24.23	-579,472	2,440,060	-%
Feb 26, 2024	Virtu Financial LLC	new	-	35,000	35,000	-%
Feb 16, 2024	GSA CAPITAL PARTNERS LLP	new	-	318,000	318,000	0.03%

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

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
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	4	Insider Trading
Mar 13, 2024	144	Notice of Insider Sale Intent
Mar 12, 2024	144	Notice of Insider Sale Intent
Mar 08, 2024	DEFA14A	DEFA14A
Mar 08, 2024	DEF 14A	DEF 14A
Mar 08, 2024	ARS	ARS
Mar 08, 2024	10-K	Annual Report
Mar 07, 2024	8-K	Current Report
Feb 13, 2024	SC 13G/A	Major Ownership Report

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	70.3B	34.1B	-10.38%	2.59%	16.21	2.06	14.20%	12.21%
HAL	34.3B	23.1B	-0.77%	20.41%	13.2	1.48	6.71%	31.84%
MID-CAP
FTI	11.5B	8.1B	4.93%	98.06%	53.8	1.41	18.75%	572.06%
NOV	7.5B	8.8B	-1.72%	13.95%	7.56	0.85	14.70%	199.24%
CHX	6.6B	3.7B	-1.75%	29.34%	18.21	1.78	-4.02%	100.73%
LBRT	3.8B	4.6B	13.13%	83.35%	8.05	0.84	-1.29%	-16.22%
AROC	3.2B	990.3M	4.40%	104.56%	30.05	3.19	17.12%	137.04%
SMALL-CAP
DNOW	1.6B	2.3B	-4.07%	40.13%	6.28	0.67	8.66%	93.36%
DRQ	685.2M	424.1M	-12.75%	-25.85%	1.1K	1.62	17.17%	137.19%
CLB	681.3M	-	-0.29%	-24.91%	28.73	1.36	-	-
CCLP	344.8M	386.1M	17.68%	82.03%	-36.38	0.89	9.26%	57.09%
BOOM	326.1M	719.2M	-12.94%	-11.45%	12.42	0.45	9.95%	114.41%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.5%	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	229
Cost Of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	167	185	-	-
S&GA Expenses	-1.9%	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	21.00
EBITDA Margin	2363.5%	0.08*	0.00*	0.03*	0.03*	0.02*	-0.03*	-0.10*	-0.17*	-0.20*	-0.31*	-0.36*	-0.40*	-	-	-	-	-	-	-	-	-
Interest Expenses	-0.3%	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	-29.57
Income Taxes	-20.5%	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	1.00
Earnings Before Taxes	22.3%	-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	-76.83
EBT Margin	-151.5%	-0.05*	-0.02*	0.02*	0.03*	0.03*	-0.02*	-0.09*	-0.16*	-0.18*	-0.27*	-0.33*	-0.38*	-	-	-	-	-	-	-	-	-
Net Income	22.3%	-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	-77.33
Net Income Margin	-139.9%	-0.05*	-0.02*	0.02*	0.02*	0.02*	-0.02*	-0.09*	-0.16*	-0.18*	-0.27*	-0.33*	-0.37*	-	-	-	-	-	-	-	-	-
Free Cashflow	215.5%	16.00	-13.68	21.00	-2.38	-10.75	10.00	-3.50	-7.33	-24.29	-3.55	-20.32	-7.67	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.9%	402	387	438	427	427	407	396	391	382	386	395	419	443	438	469	535	851	1,082	1,098	1,129	1,141
Current Assets	13.0%	184	163	208	196	197	189	173	159	139	144	143	154	166	189	207	262	269	293	291	316	333
Cash Equivalents	153.6%	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	64.00
Inventory	-7.1%	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	91.00
Net PPE	-1.9%	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	212
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296	316	308	308	308
Liabilities	6.0%	438	413	452	438	450	440	442	436	421	411	404	405	422	385	399	443	461	475	473	513	546
Current Liabilities	42.3%	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	108
Long Term Debt	0.5%	321	319	333	332	338	306	318	338	332	317	317	317	343	343	366	379	392	392	391	405	425
LT Debt, Current	-	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	0.5%	321	319	333	332	338	306	318	338	332	317	317	317	343	343	366	379	392	392	391	405	425
Shareholder's Equity	-Infinity%	-35.63	-	-	-	-23.51	-	-	-	-39.27	-	-	14.00	20.00	54.00	70.00	92.00	390	607	624	615	595
Retained Earnings	-1.3%	-826	-815	-802	-800	-794	-802	-816	-815	-808	-792	-776	-752	-743	-708	-689	-665	-364	-144	-123	-129	-147
Additional Paid-In Capital	0.1%	795	795	794	793	775	775	774	774	773	772	771	770	768	766	764	762	759	755	752	750	746
Shares Outstanding	-0.1%	35.00	35.00	35.00	35.00	33.00	31.00	31.00	30.00	33.00	30.00	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	345.4%	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	38,821
Share Based Compensation	-0.3%	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	3,502
Cashflow From Investing	-133.5%	-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	-363,754
Cashflow From Financing	117.5%	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	302,132

NINE Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Revenues	$ 609,526	$ 593,382
Cost and expenses
General and administrative expenses	59,817	51,653
Depreciation	29,141	26,784
Amortization of intangibles	11,516	13,463
Loss on revaluation of contingent liability	437	454
Loss on sale of property and equipment	292	367
Income from operations	17,573	43,568
Interest expense	51,119	32,486
Interest income	(1,270)	(305)
Gain on extinguishment of debt	0	(2,843)
Other income	(648)	(709)
Income (loss) before income taxes	(31,628)	14,939
Provision for income taxes	585	546
Net income (loss)	$ (32,213)	$ 14,393
Earnings (loss) per share
Basic (in dollars per share)	$ (0.97)	$ 0.47
Diluted (in dollars per share)	$ (0.97)	$ 0.45
Weighted average shares outstanding
Basic (in shares)	33,282,234	30,930,890
Diluted (in shares)	33,282,234	32,251,398
Other comprehensive loss, net of tax
Foreign currency translation adjustments, net of $0 tax in each period	$ (31)	$ (293)
Total other comprehensive loss, net of tax	(31)	(293)
Total comprehensive income (loss)	(32,244)	14,100
Service
Revenues	464,233	455,364
Cost and expenses
Cost of revenues (exclusive of depreciation and amortization shown separately below)	379,365	350,733
Product
Revenues	145,293	138,018
Cost and expenses
Cost of revenues (exclusive of depreciation and amortization shown separately below)	$ 111,385	$ 106,360

NINE Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 30,840	$ 17,445
Accounts receivable, net	88,449	105,277
Income taxes receivable	490	741
Inventories, net	54,486	62,045
Prepaid expenses and other current assets	9,368	11,217
Total current assets	183,633	196,725
Property and equipment, net	82,366	89,717
Operating lease right of use assets, net	42,056	36,336
Finance lease right of use assets, net	51	547
Intangible assets, net	90,429	101,945
Other long-term assets	3,449	1,564
Total assets	401,984	426,834
Current liabilities
Accounts payable	33,379	42,211
Accrued expenses	36,171	28,391
Current portion of long-term debt	2,859	2,267
Current portion of operating lease obligations	10,314	7,956
Current portion of finance lease obligations	31	178
Total current liabilities	82,754	81,003
Long-term liabilities
Long-term debt	320,520	338,031
Long-term operating lease obligations	32,594	29,370
Other long-term liabilities	1,746	1,937
Total liabilities	437,614	450,341
Commitments and contingencies (Note 12)
Stockholders’ equity (deficit)
Common stock (120,000,000 shares authorized at $0.01 par value; 35,324,861 and 33,221,266 shares issued and outstanding at December 31, 2023 and 2022 respectively)	353	332
Additional paid-in capital	795,106	775,006
Accumulated other comprehensive loss	(4,859)	(4,828)
Accumulated deficit	(826,230)	(794,017)
Total stockholders’ equity (deficit)	(35,630)	(23,507)
Total liabilities and stockholders’ equity (deficit)	$ 401,984	$ 426,834

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 Apr 26 2024, market cap of Nine Energy Service Inc is 81.6 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 Apr 26 2024, NINE's PE ratio (Price to Earnings) is -2.53 and Price to Sales (PS) ratio is 0.13. 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.