Nine Energy Service, Inc. (NINE)
XASE:NINE
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Nine Energy Service, Inc.
(NYSE MKT:NINE)
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Rating:38Underperform
Price Target:
$9.00
Action:N/ADate:04/27/26
The score is driven primarily by very weak financial fundamentals (negative equity, heavy leverage, and recent cash burn) and the Chapter 11 restructuring that indicates existing equity is likely to be wiped out. Technicals show an overextended momentum setup, while valuation metrics provide limited support due to negative earnings and no dividend data.
Positive Factors
Focused completion services business model
A specialized focus on completion services anchors revenue to multi-stage hydraulic fracturing and well completion programs across U.S. basins. This creates recurring, project-based demand tied to operators' drilling plans and supports durable service revenue as basins cycle back into activity.
Negative Factors
Prepackaged Chapter 11 will cancel existing common stock
The prepackaged bankruptcy is a structural reset: creditors gain equity, existing common shares will be canceled, and control shifts to noteholders. This eliminates current shareholder value and signals entrenched solvency problems that reshape governance and future capital priorities.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused completion services business model
A specialized focus on completion services anchors revenue to multi-stage hydraulic fracturing and well completion programs across U.S. basins. This creates recurring, project-based demand tied to operators' drilling plans and supports durable service revenue as basins cycle back into activity.
Read all positive factors
Nine Energy Service, Inc. (NINE) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$455.29K
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)-1.28
Revenue Growth1.41%
EPS Growth-10.37%
CountryUS
Employees1,077
SectorEnergy
Sector Strength52
IndustryOil & Gas Equipment & Services
Share Statistics
EPS (TTM)-0.44
Shares Outstanding13,950,000
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)-2.92
Price to Sales (P/S)0.60
P/FCF Ratio-14.43
Enterprise Value/Market Cap1.67K
Enterprise Value/Revenue1.35
Enterprise Value/Gross Profit12.65
Enterprise Value/Ebitda13.27
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-1.05
Revenue Forecast (FY)$575.97M
Nine Energy Service, Inc. Business Overview & Revenue Model
Company Description
Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. It offers cementing services, which consist of blending hi...
How the Company Makes Money
Nine Energy Service makes money by selling oilfield services and completion-related products to E&P operators, generating revenue primarily from (1) service-based work performed in the field and (2) sales/rental of completion tools and related pro...
Nine Energy Service, Inc. Financial Statement Overview
Summary
Income Statement
38
Negative
Balance Sheet
18
Very Negative
Cash Flow
30
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 561.91M | 554.10M | 609.53M | 593.38M | 349.42M |
| Gross Profit | 60.16M | 60.60M | 78.12M | 96.04M | -3.59M |
| EBITDA | 57.55M | 60.47M | 72.67M | 96.34M | 20.97M |
| Net Income | -51.32M | -41.08M | -32.21M | 14.39M | -64.58M |
Balance Sheet | |||||
| Total Assets | 353.70M | 360.08M | 401.98M | 426.83M | 381.61M |
| Cash, Cash Equivalents and Short-Term Investments | 19.84M | 27.88M | 30.84M | 17.45M | 21.51M |
| Total Debt | 382.65M | 358.79M | 366.32M | 377.80M | 372.07M |
| Total Liabilities | 468.66M | 426.14M | 437.61M | 450.34M | 420.88M |
| Stockholders Equity | -114.96M | -66.06M | -35.63M | -23.51M | -39.27M |
Cash Flow | |||||
| Free Cash Flow | -23.25M | -1.57M | 20.91M | -11.88M | -55.83M |
| Operating Cash Flow | -7.31M | 13.20M | 45.51M | 16.67M | -40.42M |
| Investing Cash Flow | -13.59M | -14.18M | -23.16M | -25.42M | -11.92M |
| Financing Cash Flow | 12.86M | -1.68M | -8.89M | 4.85M | 5.05M |
Nine Energy Service, Inc. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $205.34M | 1.71 | 21.30% | ― | 13.30% | 252.61% | |
70 Outperform | $440.68M | 33.71 | 5.12% | 1.71% | -4.24% | -33.79% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
63 Neutral | $2.11B | 1,198.42 | 0.10% | ― | -12.13% | ― | |
60 Neutral | $674.24M | -3.63 | -16.46% | ― | -3.41% | -982.67% | |
52 Neutral | $1.29B | -1.69 | -41.79% | ― | -11.37% | -58.80% | |
38 Underperform | $455.29K | -6.54 | ― | ― | 1.41% | -10.37% |
* Energy Sector Average
NINE
Nine Energy Service, Inc.
9.20
1.00
12.20%
OIS
Oil States International
11.40
7.75
212.33%
PUMP
Propetro Holding
17.42
11.82
211.07%
NCSM
Ncs Multistage Holdings
78.30
48.80
165.42%
RNGR
Ranger Energy Services
17.25
4.86
39.24%
ACDC
ProFrac Holding
7.29
2.70
58.82%
Nine Energy Service, Inc. Corporate Events
Business Operations and StrategyLegal ProceedingsPrivate Placements and Financing
Nine Energy Service Begins Prepackaged Chapter 11 Restructuring
Negative
Feb 2, 2026
On February 1, 2026, Nine Energy Service and certain subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of Texas to implement a prepackaged reorganization plan aimed at restructuring their exis...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.