Nine Energy Service Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 80 out of 98 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as , with the highest price target at 0.75.In the medium term, the stock price is expected to remain stable.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Nine Energy Service Inc's Score
Industry at a Glance
Industry Ranking
80 / 98
Overall Ranking
442 / 4536
Industry
Oil & Gas Related Equipment and Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Nine Energy Service Inc Highlights
StrengthsRisks
Nine Energy Service, Inc. is an oilfield services company that offers completion solutions within North America and abroad. The Company partners with its exploration and production (E&P) customers to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. The Company provides its comprehensive completion solutions across a diverse set of well-types, including on the complex, technically demanding unconventional wells. It offers a variety of completion applications and technologies to match customer needs across the broadest addressable completions market. Its comprehensive well solutions range from cementing the well at the initial stages of completion, preparing the well for stimulation, isolating all the stages of an extended reach lateral, and the drilling out of isolation tools. The Company provides services integral to the completion of unconventional wells through a range of tools and methodologies.
Overvalued
The company’s latest PB is -0.27, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 9.79M shares, decreasing 37.18% quarter-over-quarter.
Nine Energy Service, Inc. is an oilfield services company that offers completion solutions within North America and abroad. The Company partners with its exploration and production (E&P) customers to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. The Company provides its comprehensive completion solutions across a diverse set of well-types, including on the complex, technically demanding unconventional wells. It offers a variety of completion applications and technologies to match customer needs across the broadest addressable completions market. Its comprehensive well solutions range from cementing the well at the initial stages of completion, preparing the well for stimulation, isolating all the stages of an extended reach lateral, and the drilling out of isolation tools. The Company provides services integral to the completion of unconventional wells through a range of tools and methodologies.