- Total liquidity position of $64.7 million as of December 31,
2021
- Full year 2021 revenue, net loss and adjusted EBITDAA of $349.4
million, $(64.6) million and $5.2 million, respectively
- Revenue, net loss and adjusted EBITDA of $105.1 million,
$(15.7) million and $4.6 million, respectively, for the fourth
quarter of 2021
- Fourth quarter 2021 basic loss per share of $(0.52)
Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE: NINE)
reported fourth quarter 2021 revenues of $105.1 million, net loss
of $(15.7) million and adjusted EBITDA of $4.6 million. For the
fourth quarter 2021, adjusted net lossB was $(15.7) million, or
$(0.52) adjusted basic loss per shareC.
The Company had provided original fourth quarter 2021 revenue
guidance between $92.0 and $100.0 million, with actual results
falling above the provided range and representing a sequential
revenue increase of approximately 13% quarter over quarter.
“We outperformed our Q4 revenue guidance due to strong
performances in both cementing and completion tools, both of which
outperformed market drivers this quarter,” said Ann Fox, President
and Chief Executive Officer, Nine Energy Service. “We saw activity
and pricing improvements across most of our service lines, which is
reflected in our 13% increase in revenue quarter over quarter.”
“Despite difficult market conditions in 2021, we were able to
better position ourselves to capitalize on what looks to be a
growth environment for the near to medium term. For the 7th
consecutive year, we grew our market share of U.S. stages
completed, increasing from approximately 20% in 2020 to
approximately 22% in 2021. In cementing, we increased the total
number of jobs completed by approximately 22% year over year, while
the average U.S. rig count increased by only 10% over that same
time. I remain extremely happy with both the success of our new
Stinger Dissolvable plug, as well as the market’s overall adoption
of dissolvable plugs. We estimate that the dissolvable plug market
has increased from approximately 10-15% at the end of 2018 to
approximately 20-25% at the end of 2021, and we believe that our
initial prediction of the dissolvable plug market expanding to
35-50% by the end of 2023 is achievable. Our Stinger Dissolvable
plug continues to perform extremely well in the field and is proven
in our numbers. We increased the total number of Stinger products
sold by over 400% in 2021, versus EIA completions, which increased
approximately 32% over this same time.”
“We remain very optimistic looking into 2022 and 2023 and
anticipate North American capital spending will increase by at
least 20% in 2022. I do not see any near-term solution for the
labor shortages and as our customers try to increase activity, this
should move pricing leverage back to the service providers. For Q1,
we have seen activity increases thus far and expect Q1 will be
better than Q4 with sequential revenue increases. With what we know
today, we anticipate revenue and earnings to improve each quarter
throughout 2022. We remain differentiated by our service line
diversity, forward-leaning technology, geographic diversity, and
balanced commodity exposure. The shift of our top-line revenue
derivation towards completion tools and technology over the last
several years has significantly reduced the capital and labor needs
of the Company to generate earnings growth. We have proven our
ability to grow earnings while emerging from a downturn and believe
our asset-light business model will enable us to capitalize on an
improving market environment.”
Operating Results
For the year ended December 31, 2021, the Company reported
revenues of $349.4 million, net loss of $(64.6) million, or $(2.13)
per basic share, and adjusted EBITDA of $5.2 million. Full year
2021 adjusted net loss was $(80.6) million, or $(2.66) per adjusted
basic share. For the full year 2021, the Company reported gross
loss of $(1.6) million and adjusted gross profitD of $41.4 million.
For the year ended December 31, 2021, the Company generated ROICE
of (16.7)%.
During the fourth quarter of 2021, the Company reported revenues
of $105.1 million, gross profit of $4.7 million and adjusted gross
profit of $14.9 million. During the fourth quarter, the Company
generated ROIC of (11.4)%.
During the fourth quarter of 2021, the Company reported selling,
general and administrative (“SG&A”) expense of $11.8 million,
compared to $11.1 million for the third quarter of 2021. For the
year ended December 31, 2021, the Company reported SG&A expense
of $45.3 million. Depreciation and amortization expense ("D&A")
in the fourth quarter of 2021 was $10.7 million, compared to $11.0
million for the third quarter of 2021. For the year ended December
31, 2021, the Company reported D&A expense of $45.0
million.
The Company recognized an income tax benefit of approximately
$25 thousand for the year, resulting in an effective tax rate of
.01% for 2021. Our tax benefit for 2021 is primarily the result of
our tax position in state and foreign tax jurisdictions.
Liquidity and Capital Expenditures
For the year ended December 31, 2021, the Company reported net
cash used in operating activities of $(40.4) million. For the year
ended December 31, 2021, the Company reported total capital
expenditures of $14.8 million, which fell below management’s
original full year 2021 guidance of $15-$20 million.
As of December 31, 2021, Nine’s cash and cash equivalents were
$21.5 million, and the Company had $43.2 million of availability
under the revolving credit facility, resulting in a total liquidity
position of $64.7 million as of December 31, 2021. On December 31,
2021, the Company had $15.0 million of borrowings under the 2018
ABL Credit Facility and has subsequently borrowed an additional
$5.0 million.
ABCDESee end of press release for definitions
Conference Call Information
The call is scheduled for Tuesday, March 8, 2022, at 9:00 am
Central Time. Participants may join the live conference call by
dialing U.S. (Toll Free): (877) 524-8416 or International: (412)
902-1028 and asking for the “Nine Energy Service Earnings Call”.
Participants are encouraged to dial into the conference call ten to
fifteen minutes before the scheduled start time to avoid any delays
entering the earnings call.
For those who cannot listen to the live call, a telephonic
replay of the call will be available through March 22, 2022, and
may be accessed by dialing U.S. (Toll Free): (877) 660-6853 or
International: (201) 612-7415 and entering the passcode of
13726409.
About Nine Energy Service
Nine Energy Service is an oilfield services company that offers
completion solutions within North America and abroad. The Company
brings years of experience with a deep commitment to serving
clients with smarter, customized solutions and world-class
resources that drive efficiencies. Serving the global oil and gas
industry, Nine continues to differentiate itself through superior
service quality, wellsite execution and cutting-edge technology.
Nine is headquartered in Houston, Texas with operating facilities
in the Permian, Eagle Ford, SCOOP/STACK, Niobrara, Barnett, Bakken,
Marcellus, Utica and Canada.
For more information on the Company, please visit Nine’s website
at nineenergyservice.com.
Forward Looking Statements
The foregoing contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Exchange Act of 1934. Forward-looking
statements are those that do not state historical facts and are,
therefore, inherently subject to risks and uncertainties.
Forward-looking statements also include statements that refer to or
are based on projections, uncertain events or assumptions. The
forward-looking statements included herein are based on current
expectations and entail various risks and uncertainties that could
cause actual results to differ materially from those
forward-looking statements. Such risks and uncertainties include,
among other things, the level of capital spending and well
completions by the onshore oil and natural gas industry, which has
been and may again be affected by the COVID-19 pandemic and,
related economic repercussions and which may be affected by
geopolitical and economic developments in the U.S. and globally,
including conflicts, instability, acts of war or terrorism in oil
producing countries or regions, particularly Russia, the Middle
East, South America and Africa; the ability of the OPEC+ countries
to agree on and comply with supply limitations; operational
challenges relating to the COVID-19 pandemic and efforts to
mitigate the spread of the virus, including logistical challenges,
protecting the health and well-being of our employees, remote work
arrangements, performance of contracts and supply chain
disruptions; pricing pressures, reduced sales, or reduced market
share as a result of intense competition in the markets for the
Company’s dissolvable plug products; the Company’s ability to
implement and commercialize new technologies, services and tools;
the Company’s ability to grow its completion tool business; the
Company’s ability to manage capital expenditures; the Company’s
ability to accurately predict customer demand; the loss of, or
interruption or delay in operations by, one or more significant
customers; the loss of or interruption in operations of one or more
key suppliers; the adequacy of the Company’s capital resources and
liquidity; the incurrence of significant costs and liabilities
resulting from litigation; the loss of, or inability to attract,
key personnel, technical personnel and other skilled and qualified
workers; and other factors described in the “Risk Factors” and
“Business” sections of the Company’s most recently filed Annual
Report on Form 10-K and subsequently filed Quarterly Reports on
Form 10-Q and Current Reports on Form 8-K. Readers are cautioned
not to place undue reliance on forward-looking statements, which
speak only as of the date hereof, and, except as required by law,
the Company undertakes no obligation to update those statements or
to publicly announce the results of any revisions to any of those
statements to reflect future events or developments.
NINE ENERGY SERVICE,
INC.
CONDENSED CONSOLIDATED
STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (LOSS)
(In Thousands, Except Share and
Per Share Amounts)
(Unaudited)
Three Months Ended
Year Ended December 31,
December 31, 2021
September 30, 2021
2021
2020
Revenues
$
105,093
$
92,868
$
349,419
$
310,851
Cost and expenses
Cost of revenues (exclusive of
depreciation and
amortization shown separately below)
90,192
78,879
307,992
302,157
General and administrative expenses
11,796
11,114
45,301
49,346
Depreciation
6,757
6,921
28,905
32,431
Amortization of intangibles
3,904
4,029
16,116
16,467
Impairment of goodwill
-
-
-
296,196
Loss on revaluation of contingent
liabilities
584
21
460
276
(Gain) loss on sale of property and
equipment
-
(17
)
660
(2,857
)
Loss from operations
(8,140
)
(8,079
)
(50,015
)
(383,165
)
Interest expense
7,993
7,968
32,527
36,759
Interest income
(2
)
(3
)
(26
)
(615
)
Gain on extinguishment of debt
-
-
(17,618
)
(37,841
)
Other income
(195
)
(34
)
(298
)
(62
)
Loss before income taxes
(15,936
)
(16,010
)
(64,600
)
(381,406
)
Provision (benefit) for income taxes
(188
)
41
(25
)
(2,458
)
Net loss
$
(15,748
)
$
(16,051
)
$
(64,575
)
$
(378,948
)
Loss per share
Basic
$
(0.52
)
$
(0.53
)
$
(2.13
)
$
(12.74
)
Diluted
$
(0.52
)
$
(0.53
)
$
(2.13
)
$
(12.74
)
Weighted average shares outstanding
Basic
30,452,049
30,449,286
30,302,925
29,744,830
Diluted
30,452,049
30,449,286
30,302,925
29,744,830
Other comprehensive income (loss), net
of tax
Foreign currency translation adjustments,
net of tax of $0 and $0
$
(2
)
$
(102
)
$
(34
)
$
(34
)
Total other comprehensive loss, net of tax
(2
)
(102
)
(34
)
(34
)
Total comprehensive loss
$
(15,750
)
$
(16,153
)
$
(64,609
)
$
(378,982
)
NINE ENERGY SERVICE,
INC.
CONDENSED CONSOLIDATED BALANCE
SHEETS
(In Thousands)
(Unaudited)
At December 31,
2021
2020
Assets
Current assets
Cash and cash equivalents
$
21,509
$
68,864
Accounts receivable, net
64,025
41,235
Income taxes receivable
1,393
1,392
Inventories, net
42,180
38,402
Prepaid expenses and other current
assets
10,195
16,270
Total current assets
139,302
166,163
Property and equipment, net
86,958
102,429
Operating lease right-of-use assets,
net
35,117
36,360
Finance lease right-of-use assets, net
1,445
1,816
Intangible assets, net
116,408
132,524
Other long-term assets
2,383
3,308
Total assets
$
381,613
$
442,600
Liabilities and Stockholders’
Equity
Current liabilities
Accounts payable
$
28,680
$
18,140
Accrued expenses
18,519
17,139
Current portion of long-term debt
2,093
844
Current portion of operating lease
obligations
6,091
6,200
Current portion of finance lease
obligations
1,070
1,092
Total current liabilities
56,453
43,415
Long-term liabilities
Long-term debt
332,314
342,714
Long-term operating lease obligations
30,435
32,295
Long-term finance lease obligations
65
1,109
Other long-term liabilities
1,613
2,658
Total liabilities
420,880
422,191
Stockholders’ equity
Common stock (120,000,000 shares
authorized at $.01 par value; 32,826,325 and 31,557,809 shares
issued and outstanding at December 31, 2021 and December 31, 2020,
respectively)
328
316
Additional paid-in capital
773,350
768,429
Accumulated other comprehensive loss
(4,535
)
(4,501
)
Accumulated deficit
(808,410
)
(743,835
)
Total stockholders’ equity
(39,267
)
20,409
Total liabilities and stockholders’
equity
$
381,613
$
442,600
NINE ENERGY SERVICE,
INC.
CONDENSED CONSOLIDATED
STATEMENTS OF CASH FLOWS
(In Thousands)
(Unaudited)
Year Ended December 31,
2021
2020
Cash flows from operating
activities
Net loss
$
(64,575
)
$
(378,948
)
Adjustments to reconcile net loss to net
cash used in operating activities
Depreciation
28,905
32,431
Amortization of intangibles
16,116
16,467
Amortization of deferred financing
costs
2,602
2,836
Amortization of operating leases
8,020
8,897
Provision for (recovery of) doubtful
accounts
(229
)
2,820
Benefit for deferred income taxes
-
(1,588
)
Provision for inventory obsolescence
4,831
8,957
Impairment of goodwill
-
296,196
Impairment of operating lease
-
466
Stock-based compensation expense
5,406
9,744
Gain on extinguishment of debt
(17,618
)
(37,841
)
(Gain) loss on sale of property and
equipment
660
(2,857
)
Loss on revaluation of contingent
liabilities
460
276
Changes in operating assets and
liabilities, net of effects from acquisitions
Accounts receivable, net
(22,540
)
52,914
Inventories, net
(8,608
)
13,600
Prepaid expenses and other current
assets
3,350
1,368
Accounts payable and accrued expenses
12,447
(25,456
)
Income taxes receivable/payable
-
(732
)
Other assets and liabilities
(9,643
)
(4,451
)
Net cash used in operating activities
(40,416
)
(4,901
)
Cash flows from investing
activities
Proceeds from sales of property and
equipment
3,492
6,402
Proceeds from property and equipment
casualty losses
-
1,237
Purchases of property and equipment
(15,413
)
(9,417
)
Net cash used in investing activities
(11,921
)
(1,778
)
Cash flows from financing
activities
Proceeds from 2018 ABL Credit Facility
15,000
-
Payments on Magnum Promissory Notes
(844
)
(281
)
Purchases of Senior Notes
(8,355
)
(14,561
)
Proceeds from short-term debt
1,513
-
Payments of short-term debt
(545
)
-
Payments on finance leases
(1,094
)
(995
)
Payments of contingent liabilities
(154
)
(1,390
)
Vesting of restricted stock
(473
)
(158
)
Net cash provided by (used in) financing
activities
5,048
(17,385
)
Impact of foreign currency exchange on
cash
(66
)
(61
)
Net decrease in cash and cash
equivalents
(47,355
)
(24,125
)
Cash and cash equivalents
Beginning of period
68,864
92,989
End of period
$
21,509
$
68,864
NINE ENERGY SERVICE,
INC.
RECONCILIATION OF ADJUSTED
GROSS PROFIT (LOSS)
(In Thousands)
(Unaudited)
Three Months Ended
Year Ended December 31,
December 31, 2021
September 30, 2021
2021
2020
Calculation of gross profit
(loss)
Revenues
$
105,093
$
92,868
$
349,419
$
310,851
Cost of revenues (exclusive of
depreciation and
amortization shown separately below)
90,192
78,879
307,992
302,157
Depreciation (related to cost of
revenues)
6,284
6,437
26,882
30,161
Amortization of intangibles
3,904
4,029
16,116
16,467
Gross profit (loss)
$
4,713
$
3,523
$
(1,571
)
$
(37,934
)
Adjusted gross profit (loss)
reconciliation
Gross profit (loss)
$
4,713
$
3,523
$
(1,571
)
$
(37,934
)
Depreciation (related to cost of
revenues)
6,284
6,437
26,882
30,161
Amortization of intangibles
3,904
4,029
16,116
16,467
Adjusted gross profit
$
14,901
$
13,989
$
41,427
$
8,694
NINE ENERGY SERVICE,
INC.
RECONCILIATION OF EBITDA AND
ADJUSTED EBITDA
(In Thousands)
(Unaudited)
Three Months Ended
Year Ended December 31,
December 31, 2021
September 30, 2021
2021
2020
EBITDA reconciliation:
Net loss
$
(15,748
)
$
(16,051
)
$
(64,575
)
$
(378,948
)
Interest expense
7,993
7,968
32,527
36,759
Interest income
(2
)
(3
)
(26
)
(615
)
Depreciation
6,757
6,921
28,905
32,431
Amortization of intangibles
3,904
4,029
16,116
16,467
Provision (benefit) for income taxes
(188
)
41
(25
)
(2,458
)
EBITDA
$
2,716
$
2,905
$
12,922
$
(296,364
)
Impairment of goodwill
-
-
-
296,196
Transaction and integration costs
-
-
-
146
Gain on extinguishment of debt
-
-
(17,618
)
(37,841
)
Loss on revaluation of contingent
liabilities (1)
584
21
460
276
Restructuring charges
-
375
1,588
4,907
Stock-based compensation expense
1,215
1,153
5,406
9,744
(Gain) loss on sale of property and
equipment
-
(17
)
660
(2,857
)
Legal fees and settlements (2)
45
17
1,809
39
Adjusted EBITDA
$
4,560
$
4,454
$
5,227
$
(25,754
)
(1) Amounts relate to the revaluation of
contingent liabilities associated with the Company's 2018
acquisitions
(2) Amounts represent fees and legal
settlements associated with legal proceedings brought pursuant to
the Fair Labor Standards Act and/or similar state laws.
NINE ENERGY SERVICE,
INC.
RECONCILIATION OF ROIC
CALCULATION
(In Thousands)
(Unaudited)
Three Months Ended
Year Ended December 31,
December 31, 2021
September 30, 2021
2021
2020
Net loss
$
(15,748
)
$
(16,051
)
$
(64,575
)
$
(378,948
)
Add back:
Impairment of goodwill
-
-
-
296,196
Interest expense
7,993
7,968
32,527
36,759
Interest income
(2
)
(3
)
(26
)
(615
)
Transaction and integration costs
-
-
-
146
Restructuring charges
-
375
1,588
4,907
Gain on extinguishment of debt
-
-
(17,618
)
(37,841
)
Benefit for deferred income taxes
-
-
-
(1,588
)
After-tax net operating loss
$
(7,757
)
$
(7,711
)
$
(48,104
)
$
(80,984
)
Total capital as of prior
period-end:
Total stockholders' equity
$
(24,732
)
$
(9,731
)
$
20,409
$
389,877
Total debt
321,750
322,031
348,637
400,000
Less: cash and cash equivalents
(29,969
)
(33,128
)
(68,864
)
(92,989
)
Total capital as of prior
period-end:
$
267,049
$
279,172
$
300,182
$
696,888
Total capital as of period-end:
Total stockholders' equity
$
(39,267
)
$
(24,732
)
$
(39,267
)
$
20,409
Total debt
337,436
321,750
337,436
348,637
Less: cash and cash equivalents
(21,509
)
(29,969
)
(21,509
)
(68,864
)
Total capital as of period-end:
$
276,660
$
267,049
$
276,660
$
300,182
Average total capital
$
271,855
$
273,111
$
288,421
$
498,535
ROIC
-11.4
%
-11.3
%
-16.7
%
-16.2
%
NINE ENERGY SERVICE,
INC.
RECONCILIATION OF ADJUSTED NET
INCOME (LOSS) AND ADJUSTED BASIC EARNINGS (LOSS) PER SHARE
CALCULATION
(In Thousands)
(Unaudited)
Three Months Ended
Year Ended December 31,
December 31, 2021
September 30, 2021
2021
2020
Reconciliation of adjusted net income
(loss):
Net loss
$
(15,748
)
$
(16,051
)
$
(64,575
)
$
(378,948
)
Add back:
Impairment of goodwill (a)
-
-
-
296,196
Transaction and integration costs (b)
-
-
-
146
Gain on extinguishment of debt (c)
-
-
(17,618
)
(37,841
)
Restructuring charges
-
375
1,588
4,907
Less: Tax benefit from add backs
-
-
-
(2,547
)
Adjusted net loss
$
(15,748
)
$
(15,676
)
$
(80,605
)
$
(118,087
)
Weighted average shares
Weighted average shares outstanding for
basic
30,452,049
30,449,286
30,302,925
29,744,830
and adjusted basic earnings (loss) per
share
Earnings (loss) per share:
Basic loss per share
$
(0.52
)
$
(0.53
)
$
(2.13
)
$
(12.74
)
Adjusted basic loss per share
$
(0.52
)
$
(0.51
)
$
(2.66
)
$
(3.97
)
(a) 2020 impairment charges were driven by
sharp declines in global crude oil demand and an economic recession
associated with the coronavirus pandemic as well as sharp declines
in oil and natural gas prices.
(b) Amounts represent transaction and
integration costs, including the cost of inventory that was stepped
up to fair value during purchase accounting, associated with 2018
acquisitions.
(c) Amount primarily represents the
difference between the repurchase price and the carrying amount of
Senior Notes repurchased in 2021 and 2020
AAdjusted EBITDA is defined as net income (loss) before
interest, taxes, and depreciation and amortization, further
adjusted for (i) goodwill, intangible asset, and/or property and
equipment impairment charges, (ii) transaction and integration
costs related to acquisitions, (iii) loss or gain on revaluation of
contingent liabilities, (iv) loss or gain on the extinguishment of
debt, (v) loss or gain on the sale of subsidiaries, (vi)
restructuring charges, (vii) stock-based compensation expense,
(viii) loss or gain on sale of property and equipment, and (ix)
other expenses or charges to exclude certain items which we believe
are not reflective of ongoing performance of our business, such as
legal expenses and settlement costs related to litigation outside
the ordinary course of business. Management believes Adjusted
EBITDA is useful because it allows us to more effectively evaluate
our operating performance and compare the results of our operations
from period to period without regard to our financing methods or
capital structure and helps identify underlying trends in our
operations that could otherwise be distorted by the effect of the
impairments, acquisitions and dispositions and costs that are not
reflective of the ongoing performance of our business.
BAdjusted Net Income (Loss) is defined as net income (loss)
adjusted for (i) goodwill, intangible asset, and/or property and
equipment impairment charges, (ii) transaction and integration
costs related to acquisitions, (iii) restructuring charges, (iv)
loss or gain on the sale of subsidiaries, (v) loss or gain on the
extinguishment of debt and (vi) the tax impact of such adjustments.
Management believes Adjusted Net Income (Loss) is useful because it
allows us to more effectively evaluate our operating performance
and compare the results of our operations from period to period and
helps identify underlying trends in our operations that could
otherwise be distorted by the effect of the impairments and
acquisitions.
CAdjusted Basic Earnings (Loss) Per Share is defined as adjusted
net income (loss), divided by weighted average basic shares
outstanding. Management believes Adjusted Basic Earnings (Loss) Per
Share is useful because it allows us to more effectively evaluate
our operating performance and compare the results of our operations
from period to period and help identify underlying trends in our
operations that could otherwise be distorted by the effect of the
impairments and acquisitions.
DAdjusted Gross Profit (Loss) is defined as revenues less cost
of revenues excluding depreciation and amortization. This measure
differs from the GAAP definition of gross profit (loss) because we
do not include the impact of depreciation and amortization, which
represent non-cash expenses. Our management uses adjusted gross
profit (loss) to evaluate operating performance. We prepare
adjusted gross profit (loss) to eliminate the impact of
depreciation and amortization because we do not consider
depreciation and amortization indicative of our core operating
performance.
EReturn on Invested Capital (“ROIC”) is defined as after-tax net
operating profit (loss), divided by average total capital. We
define after-tax net operating profit (loss) as net income (loss)
plus (i) goodwill, intangible asset, and/or property and equipment
impairment charges, (ii) transaction and integration costs related
to acquisitions, (iii) interest expense (income), (iv)
restructuring charges, (v) loss (gain) on the sale of subsidiaries,
(vi) loss (gain) on extinguishment of debt, and (vii) the provision
(benefit) for deferred income taxes. We define total capital as
book value of equity plus the book value of debt less balance sheet
cash and cash equivalents. We compute the average of the current
and prior period-end total capital for use in this analysis.
Management believes ROIC provides useful information because it
quantifies how well we generate operating income relative to the
capital we have invested in our business and illustrates the
profitability of a business or project taking into account the
capital invested.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220307005073/en/
Nine Energy Service Investor Contact: Heather
Schmidt Vice President, Strategic Development, Investor Relations
and Marketing (281) 730-5113 investors@nineenergyservice.com
Nine Energy Service (NYSE:NINE)
Historical Stock Chart
From Jun 2024 to Jul 2024
Nine Energy Service (NYSE:NINE)
Historical Stock Chart
From Jul 2023 to Jul 2024