Nine Energy Service, Inc. (NINE) Stock Score, Valuation & Financial Research

Nine Energy Service, Inc. is in the Energy sector and Oil & Gas Equipment & Services industry. It is reviewed using Wall Street Score's company-strength, valuation, growth and financial-health framework. A complete Wall Street Score is not currently available.

Quick answer for NINE

Nine Energy Service, Inc. does not currently have a complete Wall Street Score. The stored market price is USD 8.09. These figures are a research snapshot, not a buy or sell recommendation.

What Nine Energy Service, Inc. does

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. This mixture is then pumped between the well's casing and the surrounding wellbore to ensure structural integrity and zonal isolation. Completion Tools: Nine Energy supplies a comprehensive array of specialized tools designed for well completion. These include, but are not limited to, liner hangers and their accessories, fracture isolation packers, frac sleeves, initial stage preparation tools, frac plugs, casing flotation devices, specialized open-hole float equipment, disk subs, composite cement retainers, and centralizers, with a particular focus on precision frac sleeve system technologies. Wireline Services: The company performs essential wireline operations, such as plug-and-perf completions. This advanced, multi-stage technique for cased-hole wells entails accurately deploying perforating guns and isolation tools to specific depths within the well. Coiled Tubing Services: Additionally, Nine Energy offers coiled tubing services, facilitating various wellbore intervention procedures. These operations utilize a continuous, flexible steel pipe, transported to the wellsite on a large spool, capable of extending up to 30,000 feet into the well. Originally incorporated in 2011 as NSC-Tripoint, Inc., the company adopted its current name, Nine Energy Service, Inc., in October of the same year.

Company business and revenue

Research reporting period: 2025-12-31. A research update is not a new financial filing.

How the company makes 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 and 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.

Customer types

Exploration and production companies.

Suppliers, materials and 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

Business strengths to evaluate

Focus on unconventional resource development and completion technology Source

Business risks and research considerations

Dependence on the level of unconventional resource development activity and capital spending of oil and natural gas companies Source
Exposure to spot-market pricing volatility Source

Sources: Company research source

Company research refreshed 2026-10-12. This is saved research, not a live check of company relationships. Check the reporting period and source disclosures. Financial figures and scores follow their separate update schedules.

NINE financial snapshot

Statement amounts: USD. Quote amounts: USD. No exchange-rate conversion is performed in this snapshot. Market-capitalization currency is not supplied by this projection.

Wall Street Score:: Not currently available
Stored price:: USD 8.09
Market capitalization:: 112.86M (currency not supplied)
Revenue:: USD 536M
Net income:: USD 67.87M
Free cash flow:: USD -23.25M
Cash:: USD 18.25M
Total debt:: USD 128.87M
EPS:: USD 6.50
P/E ratio:: 1.2x

What stands out

Reported year-over-year revenue growth is -4.6%.
Free cash flow is USD -23.25M, negative for the stored period.
The balance sheet shows USD 18.25M of cash versus USD 128.87M of total debt, with debt exceeding cash on these two reported measures.
The current research record carries a share basis reconciled warning, which should be reviewed alongside the score.

Company-specific financial comparisons

The following are calculated from saved company data, not forecasts or statements about future performance. Differences in reporting dates or units can make a ratio misleading; verify the original filings.

Free cash flow is -4.3% of stored revenue. This is a simple cross-field ratio, not a verified same-period cash conversion margin; confirm reporting periods before comparison.
Net income equals 12.7% of stored revenue. This is an indicative ratio only; accounting periods and units should be verified in filings.
Debt exceeds cash by USD 110.62M using the stored balance-sheet values. This does not include other obligations or restricted cash.

Questions worth answering for NINE

Use these questions to check the stored figures against the latest company filings. They identify issues to investigate; they are not findings about management's plans or future results.

What is driving NINE's revenue decline, and does the latest 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 does the current share basis reconciled warning mean for the reliability or interpretation of NINE's score?

What the numbers mean

A complete valuation score is not currently available, so valuation should be checked using the available earnings, cash-flow and price data.

A complete financial score is not currently available, so investors should review cash, debt, earnings and cash flow directly.

A strong company and an attractive stock price are not always the same thing. Revenue, earnings, free cash flow, debt, management quality, competitive advantage and valuation should be considered together. Wall Street Score organizes these inputs into a consistent research framework so investors can identify what deserves deeper review.

Data freshness: Financial data last refreshed 2026-10-08.

Research-input completeness: 64% of the scoring inputs required for this public page are currently available.

How to research NINE

Start by understanding how the company makes money. Then compare revenue and earnings trends, cash generation, debt, liquidity and valuation. Review the company's latest filings and earnings reports before acting on any score or model estimate.

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Data may change as company filings and market prices update. Educational research only; not a buy or sell recommendation.