Company profile

Ticker
NINE
Exchange
CEO
Ann G. Fox
Employees
Incorporated in
Location
Fiscal year end
Former names
NSC-Tripoint, Inc.
SEC CIK

NINE stock data

(
)
FINRA relative short interest over last month (20 trading days) ?

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

8 May 20
26 May 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 146.62M 163.41M 202.31M 237.52M
Net income -300.9M -220.52M -20.63M 6.09M
Diluted EPS -10.22 -7.51 -0.7 0.21
Net profit margin -205% -135% -10.20% 2.56%
Operating income -303.68M -213.45M -10.17M 13.96M
Net change in cash -2.87M -332K 76.44M -14.27M
Cash on hand 90.12M 92.99M 93.32M 16.89M
Cost of revenue 126.01M 139.99M 166.85M 184.56M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 832.94M 827.17M 543.66M 282.35M
Net income -217.75M -52.98M -67.68M -70.91M
Diluted EPS -7.43 -2.17 -4.55 -5.34
Net profit margin -26.14% -6.41% -12.45% -25.11%
Operating income -182.73M -28.29M -56.97M -83.01M
Net change in cash 29.37M 46.1M 13.44M
Cash on hand 92.99M 63.62M 17.51M 4.07M
Cost of revenue 669.98M 639.3M 448.47M 246.11M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
6 Apr 20 Baldwin David C Common Stock Grant Aquire A 0 6,653 0 14,965
6 Apr 20 Harrell Curtis F. Common Stock Grant Aquire A 0 13,306 0 25,309
6 Apr 20 Danner Ernie L Common Stock Grant Aquire A 0 19,960 0 111,495
6 Apr 20 Willis Darryl Keith Common Stock Grant Aquire A 0 13,306 0 22,217
6 Apr 20 Waite Andrew L Common Stock Grant Aquire A 0 6,653 0 14,965
65.0% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 47 56 -16.1%
Opened positions 4 5 -20.0%
Closed positions 13 20 -35.0%
Increased positions 20 24 -16.7%
Reduced positions 17 19 -10.5%
13F shares
Current Prev Q Change
Total value 20.98M 212.22M -90.1%
Total shares 20.63M 23.35M -11.6%
Total puts 0 0
Total calls 0 0
Total put/call ratio
Largest owners
Shares Value Change
SCF Partners 9.09M $7.34M 0.0%
Capital World Investors 2.37M $1.91M -3.5%
Adage Capital Partners GP, L.L.C. 2.04M $1.65M +3.4%
Thrivent Financial For Lutherans 1.8M $1.46M -0.1%
BLK BlackRock 1.08M $871K +0.2%
Vanguard 716.15K $578K +12.9%
BEN Franklin Resources 437.56K $354K +27.8%
STT State Street 362.31K $293K -11.8%
Hotchkis & Wiley Capital Management 355.36K $287K -67.5%
Dimensional Fund Advisors 320.04K $259K +5.9%
Largest transactions
Shares Bought/sold Change
Encompass Capital Advisors 0 -1.19M EXIT
Hotchkis & Wiley Capital Management 355.36K -738.94K -67.5%
ArrowMark Colorado 0 -367.95K EXIT
JPM JPMorgan Chase & Co. 5.1K -271.82K -98.2%
Tegean Capital Management 250K +250K NEW
Balyasny Asset Management 0 -210.82K EXIT
Brandywine Global Investment Management 0 -171.19K EXIT
BEN Franklin Resources 437.56K +95.24K +27.8%
BMO Bank Of Montreal 0 -89.08K EXIT
Capital World Investors 2.37M -85.3K -3.5%

Financial report summary

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Risks
  • The recent coronavirus pandemic and related economic repercussions have had, and are expected to continue to have, a significant impact on our business, and depending on the duration of the pandemic and its effect on the oil and gas industry, could have a material adverse effect on our business, liquidity, results of operations, and financial condition.
Management Discussion
  • ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • This section contains forward-looking statements based on our current expectations, estimates, and projections about our operations and the industry in which we operate. Our actual results may differ materially from those discussed in any forward-looking statement because of various risks and uncertainties, including those described in the sections titled “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” in this Quarterly Report on Form 10-Q and “Risk Factors” in Item 1A of Part I of our Annual Report on Form 10-K for the year ended December 31, 2019.
  • Nine Energy Service, Inc. (either individually or together with its subsidiaries, as the context requires, the “Company,” “Nine” “we,” “us,” and “our”) is a leading North American onshore completion services provider that targets unconventional oil and gas resource development. We partner with our exploration and production (“E&P”) customers across all major onshore basins in both the U.S. and Canada as well as abroad to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. We focus on providing our customers with cost-effective and comprehensive completion solutions designed to maximize their production levels and operating efficiencies. We believe our success is a product of our culture, which is driven by our intense focus on performance and wellsite execution as well as our commitment to forward-leaning technologies that aid us in the development of smarter, customized applications that drive efficiencies.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
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