The Technical Analyst
Nextier Oilfield [NEX]
Exchange: NYSE Sector: Energy Industry: Oil & Gas Equipment & Services
Nextier Oilfield Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.95% $10.61
America/New_York / 31 aug 2023 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 2 424.95 mill |
| EPS: | 2.69 |
| P/E: | 3.94 |
| Earnings Date: | Oct 23, 2023 |
| SharesOutstanding: | 228.55 mill |
| Avg Daily Volume: | 2.96 mill |
| RATING 2023-09-06 |
|---|
| A |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Strong Buy | |
| DE: | Neutral | |
| P/E: | Neutral | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 1/22 | 2/22 | 3/22 | 4/22 | 1/23 | 2/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.21x |
| Company: PE 3.94 | sector: PE 19.21 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0.03x |
| Company: PE 3.94 | industry: PE 154.62 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 10.19 - 11.03 ( +/- 3.95%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-08-31 | Drummond Robert Wayne Jr | Sell | 50 000 | Common Stock |
| 2023-09-01 | Murray Patrick M | Sell | 216 343 | Common Stock |
| 2023-09-01 | Drummond Robert Wayne Jr | Sell | 1 303 252 | Common Stock |
| 2023-09-01 | Drummond Robert Wayne Jr | Buy | 993 894 | Restricted Stock Units |
| 2023-09-01 | Nelson Amy H | Sell | 166 806 | Common Stock |
| INSIDER POWER |
|---|
| -50.53 |
| Last 99 transactions |
| Buy: 3 610 361 | Sell: 8 203 056 |
Forecast:
01:40 - $11.62
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $10.61 (0.95% ) |
| Volume | 0.0006 mill |
| Avg. Vol. | 2.96 mill |
| % of Avg. Vol | 0.0203 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For NEX
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
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 and pressure testing services. As of December 31, 2021, it had approximately 2.1 million of fracturing hydraulic horsepower, 101 wireline trucks, and 76 pumpdown units. 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. This segment also offers coiled tubing services to help customers in accomplishing various goals in their horizontal completion, workover, and well maintenance projects. As of December 31, 2021, it had approximately 17 coiled tubing units and 74 cementing units. The company 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.
Latest Press Releases
2023-08-30 16:25:00 - Press Release
Shareholders Of Patterson-uti Energy And Nextier Oilfield Solutions Approve Merger Of Equals
Houston, tx / accesswire / august 30, 2023 / patterson-uti energy, inc. (nasdaq:pten) ("patterson-uti") and nextier oilfield solutions inc. (nyse:nex) ("nextier") today announced that, at separate special meetings held earlier today, both companies' shareholders voted in favor of all proposals necessary for the closing of the previously announced all-stock merger of equals transaction. andy hendricks, chief executive officer of patterson-uti, commented, "we are pleased with the overwhelming support of shareholders for our pending transaction with nextier.
2023-08-28 17:41:00 - Press Release
Goosehead Insurance And Jackson Financial Set To Join S&p Smallcap 600
New york , aug. 28, 2023 /prnewswire/ -- s&p dow jones indices will make the following changes to the s&p smallcap 600 effective prior to the opening of trading on friday, september 1: goosehead insurance inc. (nasd: gshd) will replace nuvasive inc. (nasd: nuva) in the s&p smallcap 600. s&p midcap 400 constituent globus medical inc. (nyse: gmed) is acquiring nuvasive in a deal expected to close soon pending final conditions.
2023-08-07 16:03:00 - Press Release
Nextier Oilfield Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, Llc Investigates Adequacy Of Price And Process In Proposed Sale Of Nextier Oilfield Solutions Inc. - Nex
New orleans--(business wire)--former attorney general of louisiana charles c. foti, jr., esq. and the law firm of kahn swick & foti, llc (“ksf”) are investigating the proposed sale of nextier oilfield solutions inc. (nyse: nex) to patterson-uti energy, inc. (nasdaq: pten). under the terms of the proposed transaction, shareholders of nextier will receive 0.7520 shares of patterson for each share of nextier that they own. ksf is seeking to determine whether this consideration and the process.
2023-07-28 05:00:00 - Press Release
Patterson-uti And Nextier Oilfield Solutions Announce Expiration Of Hart-scott Rodino Waiting Period For Pending Merger
Houston, tx / accesswire / july 28, 2023 / patterson-uti energy, inc. (nasdaq:pten) ("patterson-uti") and nextier oilfield solutions inc. (nyse:nex) ("nextier") today announced the expiration of the waiting period under the hart-scott-rodino antitrust improvements act of 1976 (the "hsr act"), in connection with the previously announced all-stock merger of equals transaction. the expiration of the waiting period under the hsr act satisfies one condition needed to close the merger, which remains on track to occur this year.
2023-07-25 16:02:00 - Press Release
Nextier Announces Second Quarter 2023 Financial And Operational Results
Houston , july 25, 2023 /prnewswire/ -- nextier oilfield solutions inc. (nyse: nex) ("nextier" or the "company") today reported second quarter 2023 financial and operational results. shareholder return program repurchased 2.3 million shares for $17.9 million in the second quarter of 2023 through q2, repurchased a total of 19.7 million shares for $184.2 million, representing 8% of shares outstanding before the commencement of the program in october 2022 second quarter 2023 results and recent highlights total revenue of $945.1 million, a 1% sequential increase net income of $150.1 million, or $0.64 per diluted share, compared to $254.0 million, or $1.07 per diluted share in the prior quarter.
Latest News
2023-08-26 01:35:58 - Seeking Alpha
NexTier Oilfield Solutions: Discounted Valuation And Strong Outlook
NexTier Oilfield Solutions Inc. offers a profitable alternative to investing directly in oil companies, with strong shareholder returns through buybacks. The company is driving shareholder value through its buyback program, allocating around 50% of all FCF to repurchasing shares. NexTier aims to reach zero net debt by 2023, generating significant FCF and benefiting shareholders through buybacks.
2023-07-25 20:38:28 - Zacks Investment Research
NexTier Oilfield Solutions (NEX) Q2 Earnings and Revenues Lag Estimates
NexTier Oilfield Solutions (NEX) came out with quarterly earnings of $0.68 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.39 per share a year ago.
2023-07-25 20:38:16 - Zacks Investment Research
Compared to Estimates, NexTier Oilfield Solutions (NEX) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for NexTier Oilfield Solutions (NEX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
2023-07-03 12:23:19 - Seeking Alpha
July MDA Breakout Stocks Week 27 - 2023: High-Frequency Gainers To Give You An Edge
Two new sample Breakout Stocks for Week 27 with better than 10% short-term upside and a Dow 30 Picks. Average cumulative returns for 2023 are up to +102.0% YTD. Last week, neither the MDA nor Bounce/Lag models had any 10% peak gainers. The strong start to RIG +7.8% on Friday for members may end the drought. The streak of weekly picks gaining over 10% in less than a week has reached 252 out of 318 trading weeks (79.2%) not considering multiple gainers or negative signals.
2023-06-27 22:13:00 - PRNewsWire
NexTier Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
HOUSTON , June 27, 2023 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that it will release its second quarter 2023 financial and operating results after market close on Tuesday, July 25, 2023. This release will be followed by a conference call at 10:00 a.m.
2023-06-26 09:30:00 - Seeking Alpha
Patterson-UTI And NexTier Oilfield Merger: Which Stock's Investors Benefit More?
2023-06-20 08:01:17 - Zacks Investment Research
Patterson-UTI, NexTier Combine to Create Oil Services Giant
The current stockholders of Patterson-UTI Energy (PTEN) will own approximately 55% of the combined company, with NexTier Oilfield Solutions (NEX) shareholders owning the rest.
2023-06-16 08:35:06 - Zacks Investment Research
NexTier Oilfield Solutions (NEX) Moves 6.7% Higher: Will This Strength Last?
NexTier Oilfield Solutions (NEX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2023-06-16 08:01:47 - MarketBeat
Is NexTier-Patterson UTI Deal A Sign Of More Consolidation Ahead?
Shares of Patterson UTI Energy Inc. NASDAQ: PTEN and NexTier Oilfield Solutions NYSE: NEX were both trading higher on June 15 following news that the companies agreed to combine in a merger of equals.
2023-06-15 06:13:00 - Market Watch
Patterson-UTI Energy to merge with NexTier Oilfield in deal with enterprise value of about $5.4 billion
Patterson-UTI Energy Inc. PTEN, -3.30% said Thursday it has reached an agreement to combine with NexTier Oilfield Solutions Inc . NEX, -1.55% in an all-stock deal with an enterprise value of $5.4 billion.