Nine Energy Service Inc (N:NINE)

Business Focus: Oil Related Services and Equipment

Mar 07, 2024 05:15 pm ET
Nine Energy Service Announces Fourth Quarter and Full Year 2023 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2023 revenues of $144.1 million, net loss of $(10.3) million, or $(0.30) per diluted share and $(0.30) per basic share, and adjusted EBITDA of $14.6 million. The Company had provided original fourth quarter 2023 revenue guidance between $137.0 and $147.0 million, with actual results coming within the provided range.
Jan 18, 2024 06:00 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2023 earnings conference call for Friday, March 8, 2024 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2023, which are expected to be released prior to the conference call.
Nov 06, 2023 05:15 pm ET
Nine Energy Service Announces Third Quarter 2023 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2023 revenues of $140.6 million, net loss of $(13.3) million, or $(0.39) per diluted share and $(0.39) per basic share, and adjusted EBITDA of $11.6 million. The Company had provided original third quarter 2023 revenue guidance between $140.0 and $150.0 million, with actual results coming within the provided range.
Oct 04, 2023 05:30 pm ET
Nine Energy Service Announces Timing of Third Quarter 2023 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE: NINE) announced today that it has scheduled its third quarter 2023 earnings conference call for Tuesday, November 7, 2023, at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2023, which are expected to be released prior to the conference call.
Aug 03, 2023 05:05 pm ET
Nine Energy Service Announces Second Quarter 2023 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported second quarter 2023 revenues of $161.4 million, net loss of $(2.5) million, or $(0.08) per diluted share and $(0.08) per basic share, and adjusted EBITDA of $21.7 million. The Company had provided original second quarter 2023 revenue guidance between $158.0 and $166.0 million, with actual results coming within the provided range.
Jun 30, 2023 05:30 pm ET
Nine Energy Service Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE: NINE) announced today that it has scheduled its second quarter 2023 earnings conference call for Friday, August 4, 2023, at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended June 30, 2023, which are expected to be released prior to the conference call.
May 08, 2023 05:15 pm ET
Nine Energy Service Announces First Quarter 2023 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2023 revenues of $163.4 million, net loss of $(6.1) million, or $(0.19) per diluted share and $(0.19) per basic share, and adjusted EBITDA of $25.0 million. The Company’s net loss in the first quarter of 2023 includes the impact of fees and expenses incurred in connection with its public offering of units and other refinancing activities in January. The Company had provided original first quarter 2023 revenue guidance between $160.0 and $165.0 million, with actual results falling within the provided range.
Apr 19, 2023 05:45 pm ET
Nine Energy Service Announces Timing of First Quarter 2023 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE: NINE) announced today that it has scheduled its first quarter 2023 earnings conference call for Tuesday, May 9, 2023, at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended March 31, 2023, which are expected to be released prior to the conference call.
Mar 07, 2023 05:15 pm ET
Nine Energy Service Announces Fourth Quarter and Full Year 2022 Results
“2022 was a strong year for the oilfield services space, and Nine was able to capitalize on an improving market,” said Ann Fox, President and Chief Executive Officer, Nine Energy Service. “Price increases across our service lines, as well as increased volumes within completion tools, enabled us to drive strong incremental margins throughout the year. Year-over-year, we increased our revenue by approximately 70%, net income by over 5 times and adjusted EBITDA by over 17 times. This is solid growth, especially when considering the simultaneous navigation of inflationary pressures, labor constrai
Feb 01, 2023 05:00 pm ET
Nine Energy Service Announces the Redemption of its 2023 Senior Notes, Completion of its Public Offering of Units and Extension of its ABL Facility
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) announced today the redemption of all of its outstanding 8.750% Senior Notes due 2023 ( the “2023 Senior Notes”), which was partially funded with the net proceeds from its underwritten public offering of 300,000 units, each comprised of $1,000 principal amount of 13.000% Senior Secured Notes due 2028 (the “2028 Senior Secured Notes”) and five shares of Nine’s common stock.
Jan 25, 2023 06:00 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2022 earnings conference call for Wednesday, March 8, 2023 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2022, which are expected to be released prior to the conference call.
Nov 07, 2022 07:30 am ET
Thinking about buying stock in Phunware, Ouster, Peabody Energy, 2U, or Nine Energy Service?
NEW YORK, Nov. 7, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PHUN, OUST, BTU, TWOU, and NINE.
Nov 07, 2022 06:30 am ET
Nine Energy Service Announces Third Quarter 2022 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2022 revenues of $167.4 million, net income of $14.3 million and adjusted EBITDA of $32.6 million. For the third quarter of 2022, adjusted net incomeC was $12.2 million, or $0.39 adjusted basic earnings per shareD.
Oct 06, 2022 05:30 pm ET
Nine Energy Service Announces Timing of Third Quarter 2022 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its third quarter 2022 earnings conference call for Monday, November 7, 2022, at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2022, which are expected to be released prior to the conference call.
Sep 12, 2022 05:15 pm ET
Nine Energy Service, Inc. Regains Compliance with NYSE Continued Listing Standards
Nine Energy Service, Inc. (NYSE: NINE) (“Nine” or the “Company”) announced today that on September 9, 2022, Nine was notified by the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the quantitative continued listing standards. This decision comes as a result of the Company’s achievement of compliance with the NYSE’s minimum market capitalization and shareholders’ equity requirement over the past two quarters.
Aug 03, 2022 05:20 pm ET
Nine Energy Service Announces Second Quarter 2022 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported second quarter 2022 revenues of $142.3 million, net loss of $(1.0) million and adjusted EBITDA of $18.9 million. For the second quarter of 2022, adjusted net lossC was $(0.2) million, or $(0.01) adjusted basic loss per shareD.
Jul 07, 2022 05:30 pm ET
Nine Energy Service Announces Timing of Second Quarter 2022 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its second quarter 2022 earnings conference call for Thursday, August 4, 2022, at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended June 30, 2022, which are expected to be released prior to the conference call.
May 04, 2022 05:00 pm ET
Nine Energy Service Announces First Quarter 2022 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2022 revenues of $116.9 million, net loss of $(6.9) million and adjusted EBITDA of $12.2 million. For the first quarter 2022, adjusted net lossB was $(6.6) million, or $(0.22) adjusted basic loss per shareC.
Apr 05, 2022 05:30 pm ET
Nine Energy Service Announces Timing of First Quarter 2022 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its first quarter 2022 earnings conference call for Thursday, May 5, 2022, at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended March 31, 2022, which are expected to be released prior to the conference call.
Mar 17, 2022 08:30 am ET
Thinking about buying stock in Orphazyme, Indonesia Energy, Nine Energy, Pagerduty, or US Well Services?
NEW YORK, March 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ORPH, INDO, NINE, PD, and USWS.
Mar 10, 2022 07:45 am ET
Thinking about buying stock in Tiziana Life Sciences, Indonesia Energy, US Well Services, Kala Pharmaceuticals, or Nine Energy Service?
NEW YORK, March 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TLSA, INDO, USWS, KALA, and NINE.
Mar 08, 2022 07:48 am ET
Thinking about buying stock in Nine Energy, US Well Services, Aqua Metals, Olaplex, or Comstock Mining?
NEW YORK, March 8, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NINE, USWS, AQMS, OLPX, and LODE.
Mar 07, 2022 05:00 pm ET
Nine Energy Service Announces Fourth Quarter and Full Year 2021 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2021 revenues of $105.1 million, net loss of $(15.7) million and adjusted EBITDA of $4.6 million. For the fourth quarter 2021, adjusted net lossB was $(15.7) million, or $(0.52) adjusted basic loss per shareC.
Mar 07, 2022 07:30 am ET
Thinking about buying stock in Bed Bath & Beyond, Nine Energy, Ion Geophysical, KLX Energy, or Pedevco?
NEW YORK, March 7, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BBBY, NINE, IO, KLXE, and PED.
Feb 03, 2022 05:30 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2021 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2021 earnings conference call for Tuesday, March 8, 2022 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2021, which are expected to be released prior to the conference call.
Jan 24, 2022 05:00 pm ET
Nine Energy Service, Inc. Statement on U.S. District Court Decision
Nine Energy Service, Inc. (NYSE: NINE) (“Nine” or the “Company”) announced today that a jury in the Western District of Texas, Waco Division (the “Court”) reached a verdict on January 21, 2022 in the patent litigation regarding the Company’s BreakThru™ Casing Flotation Device and its alleged infringement of a patent held by NCS Multistage Holdings, Inc. (“NCS”). The jury found that Nine infringed on NCS’s patent and awarded NCS damages in the amount of less than $500,000.
Jan 07, 2022 05:00 pm ET
Nine Energy Service, Inc. Receives Notice from NYSE Regarding Continued Listing Requirements
Nine Energy Service, Inc. (NYSE: NINE) (“Nine” or the “Company”) announced today that it received written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) on January 5, 2022, that the Company is not in compliance with the continued listing standards set forth in Item 802.01B of the NYSE Listed Company Manual because its average global market capitalization over a consecutive 30 trading-day period and last reported stockholders’ equity were both below $50 million.
Jan 06, 2022 07:30 am ET
Thinking about buying stock in Freeline Therapeutics, Alterity Therapeutics, Siyata Mobile, Plus Therapeutics, or Nine Energy Service?
NEW YORK, Jan. 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FRLN, ATHE, SYTA, PSTV, and NINE.
Jan 04, 2022 08:31 am ET
Thinking about buying stock in Hoth Therapeutics, Agrify, Nine Energy Service, Nextier Oilfield Solutions, or Jaguar Health?
NEW YORK, Jan. 4, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for HOTH, AGFY, NINE, NEX, and JAGX.
Jan 03, 2022 07:30 am ET
Thinking about buying stock in Siyata Mobile, Nine Energy Service, BlueCity, Polarityte, or Frontline?
NEW YORK, Jan. 3, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SYTA, NINE, BLCT, PTE, and FRO.
Nov 03, 2021 05:00 pm ET
Nine Energy Service Announces Third Quarter 2021 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2021 revenues of $92.9 million, net loss of $(16.1) million, or $(0.53) basic loss per share, and adjusted EBITDA of $4.5 million. For the third quarter 2021, adjusted net lossB was $(15.7) million, or $(0.51) adjusted basic loss per shareC.
Nov 01, 2021 08:00 am ET
U.S. Well Services and Nine Energy Service Provide Update on Recent All-Electric Completion Project for Northeast Natural Energy
HOUSTON, Nov. 1, 2021 /PRNewswire/ -- U.S. Well Services (NASDAQ: USWS) ("USWS") and Nine Energy Service, Inc. (NYSE: NINE) ("NINE") today announced the successful completion of an all-electric field trial for Northeast Natural Energy ("NNE").  NNE leveraged USWS' patented Clean Fleet® fracturing technology to stimulate 589 total stages on nine wells across two pads, delivering an industry-leading low emission footprint as well as best-in-class completion efficiency.
Oct 05, 2021 08:30 am ET
Thinking about buying stock in Agrify, Rush Street Interactive, Ocugen, Nine Energy Service, or Ziopharm Oncology?
NEW YORK, Oct. 5, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AGFY, RSI, OCGN, NINE, and ZIOP.
Sep 30, 2021 05:30 pm ET
Nine Energy Service Announces Timing of Third Quarter 2021 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its third quarter 2021 earnings conference call for Thursday, November 4, 2021 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2021, which are expected to be released prior to the conference call.
Aug 04, 2021 05:00 pm ET
Nine Energy Service Announces Second Quarter 2021 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported second quarter 2021 revenues of $84.8 million, net loss of $(24.5) million, or $(0.81) basic loss per share, and adjusted EBITDA of $(0.4) million. For the second quarter 2021, adjusted net lossB was $(23.8) million, or $(0.78) adjusted basic loss per shareC.
Jul 12, 2021 05:30 pm ET
Nine Energy Service Announces Timing of Second Quarter 2021 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its second quarter 2021 earnings conference call for Thursday, August 5, 2021 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended June 30, 2021, which are expected to be released prior to the conference call.
May 06, 2021 06:30 am ET
Nine Energy Service Announces First Quarter 2021 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2021 revenues of $66.6 million, net loss of $(8.2) million, or $(0.28) basic loss per share, and adjusted EBITDA of $(3.4) million. For the first quarter 2021, adjusted net lossB was $(25.4) million, or $(0.85) adjusted basic loss per shareC.
Apr 07, 2021 05:30 pm ET
Nine Energy Service Announces Timing of First Quarter 2021 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its first quarter 2021 earnings conference call for Thursday, May 6, 2021 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended March 31, 2021, which are expected to be released prior to the conference call.
Mar 08, 2021 06:30 am ET
Nine Energy Service Announces Fourth Quarter and Full Year 2020 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2020 revenues of $62.0 million, net loss of $(35.4) million and adjusted EBITDA of $(13.9) million. For the fourth quarter 2020, adjusted net lossB was $(35.7) million, or $(1.20) adjusted basic loss per shareC.
Feb 02, 2021 05:30 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2020 earnings conference call for Monday, March 8, 2021 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2020, which are expected to be released prior to the conference call.
Nov 05, 2020 06:30 am ET
Nine Energy Service Announces Third Quarter 2020 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2020 revenues of $49.5 million, net loss of $(18.5) million and adjusted EBITDA of $(11.1) million. For the third quarter 2020, adjusted net lossB was $(33.8) million, or $(1.13) adjusted basic loss per shareC.
Oct 05, 2020 06:00 pm ET
Nine Energy Service Announces Timing of Third Quarter 2020 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its third quarter 2020 earnings conference call for Thursday, November 5, 2020 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2020, which are expected to be released prior to the conference call.
Aug 06, 2020 06:00 am ET
Nine Energy Service Announces Second Quarter 2020 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported second quarter 2020 revenues of $52.7 million, net loss of $(24.2) million and adjusted EBITDA of $(11.0) million. For the second quarter 2020, adjusted net lossB was $(33.7) million, or $(1.13) adjusted basic earnings per shareC.
Jul 08, 2020 05:30 pm ET
Nine Energy Service Announces Timing of Second Quarter 2020 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its second quarter 2020 earnings conference call for Thursday, August 6, 2020 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended June 30, 2020, which are expected to be released prior to the conference call.
Jun 03, 2020 05:30 pm ET
Nine Energy Service, Inc. Regains Compliance with NYSE Minimum Price Listing Standard
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that, on June 2, 2020, Nine was notified by the New York Stock Exchange (“NYSE”) that the Company has regained compliance with the NYSE’s continued listing standards.
May 07, 2020 06:30 am ET
Nine Energy Service Announces First Quarter 2020 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2020 revenues of $146.6 million, net loss of $(300.9) million and adjusted EBITDA of $10.3 million. The first quarter net loss of $(300.9) million, or $(10.22) per basic share, includes goodwill impairment charges of $296.2 million associated with the tools, cementing and wireline reporting units. For the first quarter 2020, adjusted net lossc was $(14.9) million, or $(0.51) adjusted basic earnings per share. During the first quarter, the Company generated ROICd of –3%.
Apr 22, 2020 05:30 pm ET
Nine Energy Service, Inc. Receives Notice from NYSE Regarding Continued Listing Requirements
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that, on April 21, 2020, the Company was notified by the New York Stock Exchange (“NYSE”) of its noncompliance with the NYSE’s continued listing standards because the average closing price of shares of its common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average closing price per share required to maintain continued listing on the NYSE. The Company’s Board of Directors is reviewing all available alternatives to return to compliance with the NYSE’s con
Apr 21, 2020 05:30 pm ET
Nine Energy Service, Inc. to Hold 2020 Annual Meeting of Stockholders Virtually
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that, taking into consideration the emerging public health impact of the coronavirus (COVID-19) outbreak and the increasingly severe protocols that federal, state and local governments have imposed, the location and format of its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) will change from an in-person meeting to a virtual-only meeting format. The Company expects to resume in-person or hybrid annual meetings beginning with the 2021 annual meeting.
Apr 15, 2020 05:30 pm ET
Nine Energy Service Announces Timing of First Quarter 2020 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its first quarter 2020 earnings conference call for Thursday, May 7, 2020 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended March 31, 2020, which are expected to be released prior to the conference call.
Mar 31, 2020 05:30 pm ET
Nine Energy Service Announces CFO Transition
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent effective today.
Mar 09, 2020 06:30 am ET
Nine Energy Service Announces Fourth Quarter and Full Year 2019 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2019 revenues of $163.4 million, net loss of $(220.5) million and adjusted EBITDA of $11.6 million. The fourth quarter net loss of $(220.5) million, or $(7.51) per basic share, includes intangible assets, PP&E and goodwill impairments of $106.3 million associated with the Coiled Tubing service line and an intangible asset impairment of $95.0 million associated with the Completion Tools service line. For the fourth quarter 2019, adjusted net lossD was $(16.8) million, or $(0.57) adjusted basic ea
Feb 04, 2020 05:30 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2019 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2019 earnings conference call for Monday, March 9, 2020 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2019, which are expected to be released prior to the conference call.
Nov 08, 2019 05:00 pm ET
Nine Energy Service Announces Third Quarter 2019 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2019 revenues of $202.3 million, net loss of $(20.6) million, which includes a loss on the sale of the Production Solutions segment of approximately $15.8 million and adjusted EBITDA of $24.2 million. Third quarter 2019 net loss per basic share was $(0.70). Third quarter 2019 adjusted net lossD was $(4.7) million, or $(0.16) per adjusted basic share. During the third quarter of 2019, the Company generated ROIC of 4%. During the third quarter of 2019, the Company reported net cash provided by oper
Oct 14, 2019 05:30 pm ET
Nine Energy Service Announces Timing of Third Quarter 2019 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its third quarter 2019 earnings conference call for Monday, November 11, 2019 at 9:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2019, which are expected to be released prior to the conference call.
Sep 03, 2019 06:30 am ET
Nine Energy Service Divests Production Solutions Business
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) today announced that it has sold its Production Solutions segment to Brigade Energy Services LLC (“Brigade”) for approximately $17 million in cash, subject to working capital adjustments. The transaction includes Nine’s fleet of 107 workover rigs, ancillary equipment and real estate associated with the 13 operating facilities throughout the United States. This divestiture will not impact Nine’s access to historic net operating losses. The transaction closed on August 30, 2019.
Aug 12, 2019 06:00 am ET
Nine Energy Service Announces Second Quarter 2019 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported second quarter 2019 revenues of $237.5 million, net income of $6.1 million and adjusted EBITDA of $38.0 million. Second quarter basic earnings per share was $0.21. Second quarter 2019 adjusted net incomeD was $8.8 million, or $0.30 adjusted basic earnings per share. The Company reported second quarter 2019 adjusted EBITDA of $38.0 million and a second quarter adjusted EBITDA marginA of approximately 16%. During the second quarter of 2019, the Company generated ROIC of 7%. During the second quarter o
Jul 15, 2019 06:00 pm ET
Nine Energy Service Announces Timing of Second Quarter 2019 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its second quarter 2019 earnings conference call for Monday, August 12, 2019 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended June 30, 2019, which are expected to be released prior to the conference call.
May 21, 2019 08:17 am ET
SCF Ventures and B-29 Investments Announce Partnership with Commando Pressure Control
HOUSTON, May 21, 2019 /PRNewswire/ -- SCF Ventures and B-29 Investments are proud to announce a growth equity investment in Commando Pressure Control. Together with its investment partners, Commando will bring to market a variety of innovative pressure control products for upstream completions operations.
May 07, 2019 06:30 pm ET
Nine Energy Service Announces First Quarter 2019 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2019 revenues of $229.7 million, net income of $17.3 million and adjusted EBITDA of $39.2 million. First quarter basic earnings per share was $0.59. First quarter 2019 adjusted net incomeD was $22.1 million, or $0.76 adjusted basic earnings per share, compared to fourth quarter 2018 adjusted net income of $13.6 million, or $0.49 adjusted basic earnings per share, an increase of approximately 63% and 55%, respectively. The Company reported first qua
Apr 17, 2019 06:00 pm ET
Nine Energy Service Announces Timing of First Quarter 2019 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its first quarter 2019 earnings conference call for Wednesday, May 8, 2019 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended March 31, 2019, which are expected to be released prior to the conference call.
Mar 06, 2019 06:00 pm ET
Nine Energy Service Announces Fourth Quarter and Full Year 2018 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2018 revenues of $229.4 million, net loss of $(77.3) million and adjusted EBITDA of $48.0 million. Fourth quarter 2018 revenues increased approximately 5% as compared to the third quarter 2018 revenues of $218.4 million. Fourth quarter net loss was $(77.3) million, or $(2.78) per basic share, which includes property and equipment, goodwill and intangible impairments of $77.7 million associated with the Production Solutions segment. For the fourth quarter
Jan 23, 2019 06:00 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2018 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2018 earnings conference call for Thursday, March 7, 2019 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2018, which are expected to be released on March 6, 2019, after markets close.
Dec 04, 2018 06:30 pm ET
Nine Energy Service Promotes Industry Veteran to Chief Operating Officer
Nine Energy Service, Inc. (“Nine”)(NYSE: NINE), a leading oilfield services company that offers completion and production solutions, today announced that David Crombie will be promoted to Chief Operating Officer (COO) and Executive Vice President effective January 1, 2019.
Nov 12, 2018 06:00 pm ET
Nine Energy Service Announces Third Quarter 2018 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported third quarter 2018 revenues of $218.4 million, net income of $13.7 million and adjusted EBITDA of $38.4 million. Third quarter 2018 revenues increased approximately 6% as compared to the second quarter 2018 revenues of $205.5 million. For the third quarter of 2018, the Company reported net income of $13.7 million, or $0.56 per diluted share. This compares to net income of $9.0 million, or $0.37 per diluted share in the second quarter of 2018. This represents an increase in
Oct 29, 2018 06:00 pm ET
Nine Energy Service Announces Timing of Third Quarter 2018 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its third quarter 2018 earnings conference call for Tuesday, November 13, 2018 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2018, which are expected to be released prior to the conference call.
Oct 25, 2018 09:57 pm ET
Nine Energy Service Completes Magnum Oil Tools Acquisition
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) announced today that it has officially completed the acquisition of Magnum Oil Tools International, LTD. (“Magnum”), a market-leading downhole technology provider serving the global oil and gas industry for over a decade. Magnum has a broad offering of proprietary downhole completions products, including dissolvable and composite frac plugs, as well as a number of other patented consumables.
Oct 18, 2018 09:03 pm ET
Nine Energy Service, Inc. Announces Pricing of $400 Million Offering of New Senior Notes
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that it has priced a private offering of $400 million in aggregate principal amount of 8.75% senior unsecured notes due 2023 (the “Notes”) at par.
Oct 15, 2018 07:00 am ET
Nine Energy Service to Acquire Magnum Oil Tools
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) announced today that it has entered into a definitive agreement to acquire Magnum Oil Tools International, LTD. (“Magnum”), a market-leading downhole technology provider serving the global oil and gas industry for over a decade. Magnum has a broad offering of proprietary downhole completions products, including dissolvable and composite frac plugs, as well as a number of other patented consumables.
Oct 15, 2018 07:00 am ET
Nine Energy Service, Inc. Announces Offering of $400 Million of New Senior Notes
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that, subject to market conditions, it intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2023 (the “Notes”) in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”). Nine intends to use the net proceeds of this offering, together with cash on hand and borrowings under a new credit facility to be entered into in connection with the consummati
Sep 04, 2018 07:00 am ET
Nine Energy Service Names S. Brett Luz Chief Accounting Officer
Nine Energy Service, Inc. (NYSE: NINE), a leading North American oilfield services company that offers completion and production solutions, announced today S. Brett Luz, CPA joined the company as Chief Accounting Officer. Luz assumes the role following the retirement of Rich Woolston who has been with Nine since 2011.
Aug 13, 2018 06:30 am ET
Nine Energy Service Announces Second Quarter 2018 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported second quarter 2018 revenues of $205.5 million, net income of $9.0 million and adjusted EBITDA of $30.6 million. Second quarter 2018 revenues increased approximately 18% as compared to the first quarter 2018 revenues of $173.8 million. For the second quarter of 2018, the Company reported net income of $9.0 million, or $0.37 per diluted share. This compares to net income of $1.7 million, or $0.08 per diluted share in the first quarter of 2018. The Company reported second qu
Aug 10, 2018 07:00 am ET
Nine Energy Service Announces Appointment of Google Cloud VP, Darryl Willis, to Board of Directors
Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE), a leading oilfield services company that offers completion and production solutions, today announced the appointment of Darryl Willis, Vice President Oil, Gas & Energy at Google Cloud, as an independent director of the firm, effective immediately.
Jul 30, 2018 05:30 pm ET
Nine Energy Service Announces Timing of Second Quarter 2018 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its second quarter 2018 earnings conference call for Monday, August 13, 2018 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended June 30, 2018, which are expected to be released prior to the conference call.
Jun 21, 2018 07:00 am ET
Ann Fox, President & CEO of Nine Energy Service, Selected as an EY Entrepreneur Of The Year® 2018 Award Winner in the Gulf Coast Area
Nine Energy Service, Inc. (NYSE: NINE) a leading oilfield services company that offers completion and production solutions, announced today that Ann Fox, president and CEO, has been selected as a winner of the EY Entrepreneur of the Year ® Award in the Gulf Coast area for energy. The award recognizes entrepreneurs excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Fox was selected by an independent panel of judges, and the award was presented at a special gala event on June 1
May 14, 2018 06:30 am ET
Nine Energy Service Announces First Quarter 2018 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported first quarter 2018 revenues of $173.8 million, net income of $1.7 million and adjusted EBITDA of $24.1 million. First quarter 2018 revenues increased approximately 13% as compared to the fourth quarter 2017 revenues of $154.3 million. For the first quarter of 2018, the Company reported net income of $1.7 million, or $0.08 per diluted share. This compares to a net loss of $(29.8) million, or $(1.89) per diluted share in the fourth quarter of 2017, which included a $35.5 mil
May 03, 2018 06:00 pm ET
Nine Energy Service Announces Timing of First Quarter 2018 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its first quarter 2018 earnings conference call for Monday, May 14, 2018 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended March 31, 2018, which are expected to be released prior to the conference call.
Mar 28, 2018 05:22 pm ET
Nine Energy Service Announces Fourth Quarter and Full Year 2017 Results
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE) reported fourth quarter 2017 revenues of $154.3 million, net loss of $(29.8) million and adjusted EBITDA of $18.7 million. Fourth quarter 2017 revenues increased approximately 93% as compared to the fourth quarter 2016 revenues of $80.0 million. Fourth quarter net loss was $(29.8) million as compared to a net loss of $(25.8) million in the fourth quarter of 2016, primarily as a result of the goodwill impairment described below. Fourth quarter 2017 adjusted EBITDA increased from
Mar 21, 2018 05:57 pm ET
Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2017 Earnings Release and Conference Call
Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its fourth quarter and full year 2017 earnings conference call for Thursday, March 29, 2018 at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter and full year ended December 31, 2017, which are expected to be released on March 28, 2018, after markets close.
Jan 24, 2018 05:30 pm ET
Nine Energy Service, Inc. Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares
Nine Energy Service, Inc. (NYSE: NINE) (“Nine”) announced the closing of its initial public offering of 8,050,000 shares of its common stock at a public offering price of $23.00 per share, which included 1,050,000 shares sold upon full exercise of the option to purchase additional shares granted to the underwriters. The shares began trading on the New York Stock Exchange under the symbol “NINE” on January 19, 2018.
Jan 23, 2018 06:06 pm ET
SCF Partners Announces Nine Energy Service (NYSE: NINE) Successfully Completes an Initial Public Offering
SCF Partners (“SCF”) is pleased to announce that Nine Energy Service, Inc. (NYSE: NINE) (“Nine” or the “Company”) successfully completed an initial public offering of 7,000,000 shares of its common stock at $23.00 per share. In addition, the underwriters have exercised in full their option to purchase up to an additional 1,050,000 shares of Nine’s common stock. Nine’s shares trade on the New York Stock Exchange under the ticker symbol “NINE.”
Jan 18, 2018 07:16 pm ET
Nine Energy Service, Inc. Prices Initial Public Offering
HOUSTON, Jan. 18, 2018 (GLOBE NEWSWIRE) -- Nine Energy Service, Inc. (NYSE:NINE) (“Nine”) announced today the pricing of its initial public offering of 7,000,000 shares of its common stock at $23.00 per share. The shares are expected to...
Jan 09, 2018 07:25 am ET
Nine Energy Service, Inc. Announces Launch of Initial Public Offering
HOUSTON, Jan. 09, 2018 (GLOBE NEWSWIRE) -- Nine Energy Service, Inc. (NYSE:Nine) (“Nine”) announced today that it has launched an initial public offering of its common stock pursuant to a registration statement on Form S-1 filed previously with...

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