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Financial Snapshot

Revenue
TTM
$3.648B
Gross Margin
TTM
26.89%
Net Income
TTM
$641.8M
Current Assets
2023 Q2
$876.9M
Current Liabilities
2023 Q2
$640.2M
Current Ratio
2023 Q2
136.98%
Total Assets
2023 Q2
$2.164B
Total Liabilities
2023 Q2
$1.034B
Book Value
2023 Q2
1.129B
Cash
2023 Q2
$311.4M
P/E
TTM
3.778
Free Cash Flow
TTM
$497.9M

Stock Price

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Market Cap: $2.4249 Billion

About NEXTIER OILFIELD SOLUTIONS INC.

NexTier Oilfield Solutions, Inc.is an oilfield service company. The company is headquartered in Houston, Texas and currently employs 4,302 full-time employees. The company went IPO on 2017-01-20. The firm operates through two segments: Completion Services and, Well Construction and Intervention Services. Its Completion Services segment consists of various businesses and services lines, hydraulic fracturing services; wireline and pumping services, and completion support services, which includes its Power Solutions natural gas fueling business, its proppant last mile logistics and storage business, and its research and technology (R&T) department. Its Well Construction and Intervention Services segment consists of its cementing services business. Its cementing services include custom engineered mixing and blending equipment that provides annulus isolation and hydraulic seal, while protecting freshwater zones from its customers’ zone of interest.

Industry: Oil & Gas Field Services, NEC Peers: ChampionX Corp Archrock Inc Cactus Inc Liberty Energy Inc ProFrac Holding Corp RPC Inc SLB NV Tidewater Inc USA Compression Partners LP Weatherford International PLC

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