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Nine Energy Service ( (NINEQ) ) has shared an update.
On February 1, 2026, Nine Energy Service, Inc. and certain subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas to implement a prepackaged plan of reorganization, and on February 3, 2026, the court granted interim approval for a senior secured super-priority debtor-in-possession asset-based revolving credit facility of up to $125 million, which refinances obligations under the company’s prior asset-based lending agreement and provides liquidity during the restructuring. Separately, on February 2, 2026, NYSE Regulation moved to delist Nine Energy Service’s common stock from the New York Stock Exchange following the Chapter 11 filing, with trading suspended immediately and a delisting application filed with the SEC on February 5, 2026, a step the company chose not to appeal; the delisting is not expected to alter ongoing business operations or SEC reporting obligations but underscores the financial distress and equity risk faced by shareholders.
The most recent analyst rating on (NINEQ) stock is a Sell with a $0.01 price target. To see the full list of analyst forecasts on Nine Energy Service stock, see the NINEQ Stock Forecast page.
Spark’s Take on NINEQ Stock
According to Spark, TipRanks’ AI Analyst, NINEQ is a Underperform.
The score is driven primarily by weak financial health (losses, negative free cash flow, and a highly stressed balance sheet with negative equity). Technical indicators also point to severe weakness (oversold and far below moving averages). Recent updates add risk: the earnings outlook is cautious and the Chapter 11 restructuring implies current equity holders may be wiped out.
To see Spark’s full report on NINEQ stock, click here.
More about Nine Energy Service
Nine Energy Service, Inc. operates in the oilfield services industry, providing completion and production services and related tools to exploration and production companies, with a focus on supporting drilling and well-completion operations in North American energy markets.
Average Trading Volume: 2,630,213
Technical Sentiment Signal: Sell
Current Market Cap: $1.81M
For a thorough assessment of NINEQ stock, go to TipRanks’ Stock Analysis page.