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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:NEX

NexTier Oilfield Solutions (NEX) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$10.69
$10.69
50-Day Range
$10.51
$11.93
52-Week Range
$6.66
$11.99
Volume
600 shs
Average Volume
3.59 million shs
Market Capitalization
$2.44 billion
P/E Ratio
4.00
Dividend Yield
N/A
Price Target
$11.47

NexTier Oilfield Solutions MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
7.3% Upside
$11.47 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-7.57
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-20.83%
From $2.16 to $1.71 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.07 out of 5 stars

Energy Sector

8th out of 8 stocks

Oil & Gas Equipment & Services Industry

1st out of 1 stocks

NEX stock logo

About NexTier Oilfield Solutions Stock (NYSE:NEX)

As of September 1, 2023, NexTier Oilfield Solutions Inc. was acquired by Patterson-UTI Energy, Inc. NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates in two segments, Completion Services, and Well Construction and Intervention Services. The Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. This segment is also involved in the sand hauling, wellsite storage, and last mile logistics activities. The Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from its customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells. It serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.

NEX Stock News Headlines

Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Q4 2023 Patterson-UTI Energy Inc Earnings Call
Q3 2023 Patterson-UTI Energy Inc Earnings Call
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
3 Energy Investments for Every Day Traders
See More Headlines
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Company Calendar

Last Earnings
11/08/2021
Today
3/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Equipment & Services
Sub-Industry
N/A
Fax
N/A
Employees
4,302
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.47
High Stock Price Target
$16.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+7.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$314.97 million
Pretax Margin
14.91%

Debt

Sales & Book Value

Annual Sales
$3.65 billion
Cash Flow
$2.46 per share
Book Value
$4.94 per share

Miscellaneous

Free Float
222,839,000
Market Cap
$2.44 billion
Optionable
Optionable
Beta
2.13
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Key Executives

  • Mr. Robert Wayne Drummond Jr. (Age 62)
    Pres, CEO, & Director
    Comp: $3.15M
  • Mr. Kenneth H. Pucheu (Age 45)
    Exec. VP & CFO
    Comp: $1.31M
  • Mr. Matthew R. Gillard (Age 51)
    Exec. VP & COO
    Comp: $1.31M
  • Mr. Oladipo O. Iluyomade (Age 45)
    VP, Chief Accounting Officer & Treasurer
    Comp: $501.07k
  • Mr. Kevin M. McDonald (Age 56)
    Exec. VP, Chief Admin. Officer, Gen. Counsel & Sec.
    Comp: $1.38M
  • Mr. Michael James Sabella
    VP of Investor Relations & Bus. Devel.
  • Mr. Ian R. Henkes (Age 51)
    Sr. VP of Operations
  • Mr. William D. Driver (Age 57)
    Sr. VP of Product Lines

NEX Stock Analysis - Frequently Asked Questions

Should I buy or sell NexTier Oilfield Solutions stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NexTier Oilfield Solutions in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" NEX shares.
View NEX analyst ratings
or view top-rated stocks.

What is NexTier Oilfield Solutions' stock price target for 2024?

2 brokerages have issued 1 year price targets for NexTier Oilfield Solutions' shares. Their NEX share price targets range from $7.00 to $16.00. On average, they anticipate the company's stock price to reach $11.47 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts price targets for NEX
or view top-rated stocks among Wall Street analysts.

How were NexTier Oilfield Solutions' earnings last quarter?

NexTier Oilfield Solutions Inc. (NYSE:NEX) posted its quarterly earnings data on Monday, November, 8th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.10) by $0.01. The company earned $393.20 million during the quarter, compared to the consensus estimate of $403.95 million. NexTier Oilfield Solutions had a net margin of 17.59% and a trailing twelve-month return on equity of 61.01%. NexTier Oilfield Solutions's revenue was up 140.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.41) EPS.

What other stocks do shareholders of NexTier Oilfield Solutions own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NexTier Oilfield Solutions investors own include Geron (GERN), Arbutus Biopharma (ABUS), AIM ImmunoTech (AIM), Accuray (ARAY), Alliance Resource Partners (ARLP), Cisco Systems (CSCO), Inovio Pharmaceuticals (INO), Intel (INTC), Moderna (MRNA) and Micron Technology (MU).

This page (NYSE:NEX) was last updated on 3/29/2024 by MarketBeat.com Staff

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