NexTier Oilfield Solutions Inc. (NEX)

NYSE: NEX · IEX Real-Time Price · USD
8.85
-0.28 (-3.07%)
At close: Jan 27, 2023, 4:00 PM
8.95
+0.10 (1.13%)
After-hours: Jan 27, 2023, 7:41 PM EST
-3.07%
Market Cap 2.17B
Revenue (ttm) 2.88B
Net Income (ttm) 192.84M
Shares Out 245.53M
EPS (ttm) 0.80
PE Ratio 11.06
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,974,699
Open 9.11
Previous Close 9.13
Day's Range 8.80 - 9.19
52-Week Range 5.78 - 12.50
Beta 2.15
Analysts Buy
Price Target 15.21 (+71.86%)
Earnings Date Feb 15, 2023

About NEX

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates through 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 ... [Read more]

Sector Energy
CEO Robert Drummond
Employees 3,340
Stock Exchange NYSE
Ticker Symbol NEX
Full Company Profile

Financial Performance

In 2021, NEX's revenue was $1.42 billion, an increase of 18.37% compared to the previous year's $1.20 billion. Losses were -$119.42 million, -65.57% less than in 2020.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for NEX stock is "Buy." The 12-month stock price forecast is $15.21, which is an increase of 71.86% from the latest price.

Price Target
$15.21
(71.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

4 Stocks to Benefit from the Intensifying Global Energy Crisis

The global energy crisis has been several years in the making, and it will be years before the energy crunch normalizes.

Other symbols: HPNINEPTEN
1 month ago - Zacks Investment Research

5 Oil & Gas Stocks Still on Sale Despite Sector Boom

We are betting on five Buy-ranked value stocks MUSA, NEX, PSX, PUMP and LBRT to cushion the portfolio as well as make some gains from the energy sector's upside potential.

Other symbols: LBRTMUSAPSXPUMP
1 month ago - Zacks Investment Research

NexTier Announces Timing of Fourth Quarter 2022 Earnings Release and Conference Call

HOUSTON, Dec. 20, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that it will release its fourth quarter 2022 financial and operating res...

1 month ago - PRNewsWire

NexTier Releases 2021 Corporate Responsibility Report

HOUSTON , Dec. 15, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced the release of its annual Corporate Responsibility Report, which provid...

1 month ago - PRNewsWire

Are Investors Undervaluing NexTier Oilfield Solutions (NEX) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 month ago - Zacks Investment Research

4 Oil & Gas Stocks That Gained More Than 100% This Year

With high oil and gas prices, the energy market witnessed ramped-up drilling activities in prolific basins across the globe this year. Frontrunners in the industry include PDS, NEX, NINE & YPF.

Other symbols: BKRNINEPDSYPF
1 month ago - Zacks Investment Research

4 Energy Stocks That Wall Street Analysts Love Don't Cost Much

We are betting on four top-ranked stocks NEX, WTTR, KOS and WTI to capitalize on elevated oil prices. Apart from being inexpensive, these companies are also recommended by brokers.

Other symbols: KOSWTIWTTR
1 month ago - Zacks Investment Research

7 Hypergrowth Stocks to Buy and Hold Starting in 2023

When growth companies had access to capital, they were the hypergrowth stocks to buy and hold. Investors could count on their funding growth to fuel their expansion without effort.

Other symbols: CRMCSGSNOWORCLPRGSTTD
2 months ago - InvestorPlace

Wall Street Analysts Believe NexTier Oilfield Solutions (NEX) Could Rally 31%: Here's is How to Trade

The mean of analysts' price targets for NexTier Oilfield Solutions (NEX) points to a 31% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreemen...

2 months ago - Zacks Investment Research

NexTier Oilfield Solutions (NEX) is a Great Momentum Stock: Should You Buy?

Does NexTier Oilfield Solutions (NEX) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Fast-paced Momentum Stock NexTier Oilfield Solutions (NEX) Is Still Trading at a Bargain

NexTier Oilfield Solutions (NEX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the seve...

3 months ago - Zacks Investment Research

Can NexTier Oilfield Solutions (NEX) Run Higher on Rising Earnings Estimates?

NexTier Oilfield Solutions (NEX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

NexTier Oilfield Solutions (NEX) Just Flashed Golden Cross Signal: Do You Buy?

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

3 months ago - Zacks Investment Research

NexTier Oilfield Solutions (NEX) Beats Q3 Earnings Estimates

NexTier Oilfield Solutions (NEX) delivered earnings and revenue surprises of 6.12% and 2.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the s...

3 months ago - Zacks Investment Research

NexTier Announces Third Quarter 2022 Financial and Operational Results, Initiates Shareholder Return Program

HOUSTON , Oct. 25, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported third quarter 2022 financial and operational results and announced a $25...

3 months ago - PRNewsWire

Is a Beat in the Offing for NexTier (NEX) in Q3 Earnings?

Higher demand for oilfield services is expected to have been favorable for NexTier's (NEX) earnings in Q3.

3 months ago - Zacks Investment Research

What Makes NexTier Oilfield Solutions (NEX) a Strong Momentum Stock: Buy Now?

Does NexTier Oilfield Solutions (NEX) have what it takes to be a top stock pick for momentum investors? Let's find out.

3 months ago - Zacks Investment Research

NexTier Oilfield Solutions (NEX) Reports Next Week: Wall Street Expects Earnings Growth

NexTier Oilfield Solutions (NEX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Does NexTier Oilfield Solutions (NEX) Have the Potential to Rally 37% as Wall Street Analysts Expect?

The consensus price target hints at a 37.1% upside potential for NexTier Oilfield Solutions (NEX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in ...

3 months ago - Zacks Investment Research

NexTier Oilfield Solutions (NEX) Shows Fast-paced Momentum But Is Still a Bargain Stock

NexTier Oilfield Solutions (NEX) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the seve...

3 months ago - Zacks Investment Research

5 Attractive Relative Price Strength Plays in Today's Market

ExxonMobil (XOM), Lamb Weston Holdings (LW), Ooma, Inc. (OOMA), NexTier Oilfield Solutions (NEX) and Hanmi Financial Corporation (HAFC) are five stocks with explosive relative price strength.

Other symbols: HAFCLWOOMAXOM
3 months ago - Zacks Investment Research

Will NexTier Oilfield Solutions (NEX) Beat Estimates Again in Its Next Earnings Report?

NexTier Oilfield Solutions (NEX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

3 months ago - Zacks Investment Research

NexTier Oilfield Solutions (NEX) Flat As Market Sinks: What You Should Know

NexTier Oilfield Solutions (NEX) closed at $7.37 in the latest trading session, marking no change from the prior day.

4 months ago - Zacks Investment Research

NexTier Announces Timing of Third Quarter 2022 Earnings Release and Conference Call

HOUSTON , Sept. 26, 2022 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that it will release its third quarter 2022 financial and operating re...

4 months ago - PRNewsWire

3 Momentum Anomaly Picks as Third Fed Hike Rattles Market

Super Micro Computer (SMCI), NexTier Oilfield Solutions (NEX) and New Fortress Energy (NFE) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Other symbols: NFESMCI
4 months ago - Zacks Investment Research