Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 562.45M | 554.10M | 609.53M | 593.38M | 349.42M | 310.85M |
Gross Profit | 63.38M | 60.60M | 78.12M | 96.04M | -3.59M | -40.20M |
EBITDA | 60.74M | 8.94M | 72.67M | 96.34M | 20.97M | -286.85M |
Net Income | -40.09M | -41.08M | -32.21M | 14.39M | -64.58M | -378.95M |
Balance Sheet | ||||||
Total Assets | 359.18M | 360.08M | 401.98M | 426.83M | 381.61M | 442.60M |
Cash, Cash Equivalents and Short-Term Investments | 17.27M | 27.88M | 30.84M | 17.45M | 21.51M | 68.86M |
Total Debt | 359.11M | 358.79M | 366.32M | 377.80M | 372.07M | 384.25M |
Total Liabilities | 431.29M | 426.14M | 437.61M | 450.34M | 420.88M | 422.19M |
Stockholders Equity | -72.11M | -66.06M | -35.63M | -23.51M | -39.27M | 20.41M |
Cash Flow | ||||||
Free Cash Flow | 3.50M | -1.57M | 20.91M | -11.88M | -55.83M | -14.32M |
Operating Cash Flow | 16.75M | 13.20M | 45.51M | 16.67M | -40.42M | -4.90M |
Investing Cash Flow | -12.70M | -14.18M | -23.16M | -25.42M | -11.92M | -1.78M |
Financing Cash Flow | 2.98M | -1.68M | -8.89M | 4.85M | 5.05M | -17.39M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
77 Outperform | $320.25M | 2.38 | 25.10% | ― | 38.46% | ― | |
73 Outperform | $277.63M | 14.09 | 7.41% | 1.94% | -7.56% | 30.51% | |
68 Neutral | $15.14B | 9.95 | 6.38% | 5.21% | 4.16% | -67.19% | |
67 Neutral | $105.00M | 26.47 | -1.66% | ― | 8.19% | -110.61% | |
59 Neutral | $348.32M | 64.94 | 0.75% | ― | -9.04% | ― | |
58 Neutral | $655.67M | ― | -16.24% | ― | -13.32% | -309.35% | |
47 Neutral | $35.67M | ― | 73.91% | ― | -4.38% | -3.77% |
On May 1, 2025, Nine Energy Service entered into a new asset-based revolving credit facility agreement with White Oak Commercial Finance, replacing its previous facility. This new $125 million credit facility, which could increase by up to $50 million, aims to enhance the company’s financial flexibility and liquidity, supporting its strategic goals. Additionally, on May 2, 2025, the company announced changes to its board of directors, with Gary L. Thomas resigning and Richard A. Burnett joining. The company also held its annual meeting, where stockholders approved various proposals, including the election of directors and an incentive plan amendment. Nine Energy Service reported a 6% increase in revenue for the first quarter of 2025, reaching $150.5 million, despite a flat US rig count, and improved its net loss by 20%. The company anticipates challenges ahead due to declining oil prices and increased costs, but remains focused on executing its strategy and maintaining service quality.
On April 30, 2025, Nine Energy Service received a notification from the NYSE regarding noncompliance with the minimum share price requirement, as its stock price fell below $1.00 over 30 consecutive trading days. The company plans to address this issue within a six-month period, considering options like a reverse stock split, subject to stockholder approval. If compliance is not regained, the NYSE may delist the stock, potentially impacting the company’s liquidity and investor interest.