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Nine Energy Service, Inc.
NINEAMEX
Wall Street ScoreInsufficient data
$7.84USD$-0.10 (-1.26%)
A complete Wall Street Score is unavailable because required model components are missing. Missing model components: asset-model component, revenue, moat, Buffett-style model component. These are scoring components, not a claim that the company has no assets or earnings. Missing inputs are not zero and do not by themselves make this a weak company. Available financial statements and source-backed research remain visible.
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Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Nine Energy Service, Inc., headquartered in Houston, Texas, is a provider of onshore well completion solutions. The company primarily caters to the development of unconventional oil and gas resources throughout North American basins and globally. Its service offerings encompass several critical areas: Cementing Services: This involves expertly blending high-grade cement, water, and various solid and liquid additives to create a specialized slurry.
How they make money
Nine Energy Service, Inc. operates as an oilfield services company providing completion solutions for unconventional oil and natural gas wells. The company generates revenue primarily through a spot-market business model, where pricing and demand are driven by the capital spending levels and drilling activity of exploration and production companies.
Products & services
The company provides completion services including cementing, wireline, and the design and manufacture of completion tools such as dissolvable plugs and other downhole equipment.
Brands & revenue mix
No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.
Product / operating segments
No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
The company operates in a spot-market environment where it serves various exploration and production companies; no specific major customer concentration is detailed in the 2025 annual report.
Suppliers, materials & equipment
Raw material and component suppliers — The company relies on various third-party suppliers for raw materials and components used in the manufacturing of completion tools and the provision of services; specific supplier names are not disclosed.Source
Strengths
Focus on unconventional resource development and completion technologySource
Risks
Dependence on the level of unconventional resource development activity and capital spending of oil and natural gas companiesSource
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
•What is driving NINE's revenue decline, and does the latest company filing suggest the weakness is temporary or structural?
•How long can NINE fund negative free cash flow using its current cash position before it may need more debt or new shares?
•Is NINE's debt load manageable relative to cash generation, interest costs and upcoming maturities?
•What future growth or profitability would be needed to justify NINE's current valuation?
•What does the current share basis reconciled warning mean for the reliability or interpretation of NINE's score?
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
Volatility = How violently is it moving?
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for NINE
Detected from reported data — verify before acting.
High debt risk
Negative shareholder equity • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt
Community Sentiment
0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)
No personal call yet on NINE.
Potential upside factors
+Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
+Focus on unconventional resource development and completion technology.
Potential downside factors
−Debt risk (high): Negative shareholder equity.
−Interest coverage is below 2x.
−Free cash flow is negative.
−Cash covers less than 20% of total debt.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
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Scores
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Debt
—
Debt Cost14.4%
Debt Reduction YoY—
Debt / Equity-3.33x
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Revenue
—
Revenue YoY-4.6%
Revenue CAGR—
Net Margin12.7%
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Asset
—
Asset Growth YoY—
Liquidation/Share$9.29
Net Assets/MCap1.67x
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Capital
—
Earnings Yield60.1%
Buyback Yield0.0%
Debt Cost14.4%
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Management
—
ROIC0.2%
ROE52.4%
ROA21.4%
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Moat
—
EPS Growth—
FCF/Share Growth—
Rev/Share Growth—
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Valuation
—
Intrinsic Value—
Value Reference—
MOS—
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Buffett
—
Revenue—
Moat—
Valuation—
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MOS
—
MOS %—
Value Reference—
Deep Discount Reference—
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Financial
—
Interest Coverage0.0x
ROIC0.2%
FCF Yield-20.6%
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Master
—
Financial—
Valuation—
Debt—
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Resilience
—
Survival Years0.9 yrs
Current Ratio1.85x
FCF Margin-4.1%
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Score Changes
Score changes will appear once more historical records are available.
Price vs. Value
Valuation unavailable
Current Price
$7.84
Model Intrinsic Value
—
Difference
—
Margin of Safety
—
Value Reference: —
Deep Discount Reference: —
Intrinsic value is not currently available for this stock, so valuation can't be calculated.
Monetary values in USD. Share counts in raw units.
Income StatementBalance SheetCash Flow
AnnualQuarterlyTTM + Annual
All rows
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
Line Item
TTM
2025
Revenue
$536.0M
$561.9M
Cost of Revenue
$486.8M
$501.7M
Gross Profit
$49.1M
$60.2M
Research & Development
$0.00
$0.00
SG&A Expenses
$59.9M
$59.7M
Operating Expenses
$67.2M
$59.7M
EBITDA
$152.0M
$53.3M
Operating Income
-$18.0M
$416K
Interest Expense
$35.3M
$55.2M
Income Before Tax
$68.4M
-$51.5M
Income Tax Expense
$570K
-$171K
Net Income
$67.9M
-$51.3M
Basic EPS
$6.50
$-1.25
Basic Shares
13.95M
40.92M
Diluted Shares
13.95M
40.92M
EarningsShare
Earnings Summary
Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026
Revenue
$141.8M
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
-$0.35
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
-64.5%
Cash Change
+2.8%
Margin Change
+3.6 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
Margins expanded
Cash position grew
Debt reduced
Potential Score Impact
Positive indicators included EPS growth, cash levels, debt levels, net income margin. Pressure indicators included revenue growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue declined 3.7%. EPS increased 40.0%. Cash increased 2.8%. Total debt declined 64.5%. Net income margin improved by 3.6 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.
Dividend HistoryShare
Dividend History
Dividend data is not available yet. Missing data does not mean this company pays no dividend.
Predictions & Historical PerformanceShare
Conservative Projected Values
3 Years
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5 Years
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10 Years
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Conservative Projection Rate
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Premium
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.