Nine Energy Service (NINE)
Completion services and downhole tools for North American unconventional wells.
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Supplies cementing, downhole tools, wireline, and coiled-tubing services that prepare unconventional wells for production, earning service revenue as jobs are performed and product revenue on delivery. The business is concentrated in North American onshore basins and depends on completion activity, bidding conditions, and skilled field execution.
Combines cementing, completion tools, wireline, and coiled-tubing services within a single Completions Solutions segment, preparing unconventional wells for production. Cementing work uses laboratory-designed slurries and field pumping; tools include frac plugs and other downhole products; wireline supports plug-and-perf stages; and coiled tubing handles live-well intervention.
Operates principally across major U.S. onshore basins and western Canada, while a smaller international tools business extends the footprint. Jobs are generally awarded through competitive bids or customer negotiations, with service revenue recognized as work is performed and product revenue on delivery.
Competes through technology, equipment capacity, technical know-how, safety, timely wellsite execution, and field personnel expertise. Demand is tied to North American completion activity and E&P capital budgets, while operations remain subject to environmental and safety requirements.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $18.2M · Total debt $128.9M · Total assets $317.7M · Shareholders' equity $129.6M
- Revenue
- $141.8M
- Operating income
- −$2.9M
- Net income
- −$4.9M
No dividends on record.
| Institutions | 86.36% | 12.05M shares | |
|---|---|---|---|
| 28 holders · as of Jun 30, 2026 | |||
| Other | 13.64% | 1.90M shares | |
| remainder | |||
13.95M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Mackay Shields LLCInstitution | 21.59% | 3.01M | as of Jun 30, 2026 |
Philosophy Capital Management LLCInstitution | 17.05% | 2.38M | as of Jun 30, 2026 |
Adage Capital Partners GP, L.L.C.Institution | 9.31% | 1.30M | as of Jun 30, 2026 |
CastleKnight Master Fund LPInstitution | 8.30% | 1.16M | filed Apr 9, 2026 |
Castleknight Management LPInstitution | 7.39% | 1.03M | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Halliburton
Integrated rival in cementing, completion tools, wireline, and coiled tubing.
- Patterson-UTI Energy
Direct U.S. onshore rival in cementing and plug-and-perf wireline.
- KLX Energy Services
Broad U.S. competitor in coiled tubing, wireline, plugs, and cementing tools.
- SLB
Global integrated rival in cementing, wireline, coiled tubing, and completions.
- Innovex International
Focused rival in dissolvable and composite frac plugs and completion hardware.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Nine Energy Service | $9.14 | +0.22% | $131.4M | 1.4 | — | 0.2 | −3.7% |
| Halliburton | $32.91 | +0.21% | $27.89B | 17.5 | 12.9 | 1.2 | +3.7% |
| Patterson-UTI Energy | $11.14 | +0.09% | $4.34B | — | 63.3 | 0.9 | +0.7% |
| KLX Energy Services | $1.50 | 0.00% | $30.6M | — | — | 0.0 | +5.2% |
| SLB | $52.12 | −0.06% | $76.82B | 25.2 | 18.4 | 2.1 | +5.0% |
| Innovex International | $27.97 | −0.09% | $1.91B | 30.7 | 17.1 | 1.9 | +9.2% |
| Median | 25.2 | 17.7 | 1.2 | +5.0% |