Nine Energy Service Inc
General ticker "NINE" information:
- Sector: Energy
- Industry: Energy Equipment & Services
- Capitalization: $51.4M
Nine Energy Service Inc does not follow the US Stock Market performance with the rate: -34.5%.
Estimated limits based on current volatility of 4.8%: low 0.93$, high 1.02$
Factors to consider:
- US accounted for 98.8% of revenue in the fiscal year ended 2023-12-31
- Current price 34.1% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [1.52$, 3.88$]
- 2024-12-30 to 2025-12-30 estimated range: [1.43$, 3.58$]
Financial Metrics affecting the NINE estimates:
- Negative: Non-GAAP EPS, $ of -0.79 <= 0.10
- Negative: negative Net income
- Positive: Operating cash flow per share per price, % of 59.92 > 12.76
- Positive: 1.03 < Operating profit margin, % of 2.88
- Positive: -0.96 < Investing cash flow per share, $ of -0.70
- Positive: Industry operating cash flow per share per price (median), % of 10.61 > 10.07
- Positive: Industry inventory ratio change (median), % of 0.48 <= 0.49
Short-term NINE quotes
Long-term NINE plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $348.76MM | $593.01MM | $609.23MM |
| Operating Expenses | $398.77MM | $549.45MM | $591.66MM |
| Operating Income | $-50.02MM | $43.57MM | $17.57MM |
| Non-Operating Income | $-14.59MM | $-28.63MM | $-49.20MM |
| Interest Expense | $32.53MM | $32.49MM | $51.12MM |
| Income(Loss) | $-64.60MM | $14.94MM | $-31.63MM |
| Taxes | $-0.03MM | $0.55MM | $0.58MM |
| Profit(Loss) | $-64.58MM | $14.39MM | $-32.21MM |
| Stockholders Equity | $-39.27MM | $-23.51MM | $-35.63MM |
| Inventory | $42.18MM | $62.05MM | $54.49MM |
| Assets | $381.61MM | $426.83MM | $401.98MM |
| Operating Cash Flow | $-40.42MM | $16.67MM | $45.51MM |
| Capital expenditure | $15.41MM | $28.55MM | $24.60MM |
| Investing Cash Flow | $-11.92MM | $-25.42MM | $-23.16MM |
| Financing Cash Flow | $5.05MM | $4.85MM | $-8.89MM |
| Earnings Per Share* | $-2.13 | $0.47 | $-0.97 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.