Nine Energy Service, Inc.

Nine Energy Service, Inc.

NINEยทNYSE

$8.71

-0.63%
EnergyOil & Gas Equipment & Services

Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. It offers cementing services, which consist of blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides a portfolio of completion tools, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, frac plugs, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool in lengths of up to 30,000 feet. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

At a Glance

Live Snapshot
Market Cap$377.21M
EPS-1.2500
P/E Ratio-0.28
Earnings Date05/07/2026
3Y-144.0%
5Y+49.0%
10Y+122.0%
3Y-47.0%
5Y+665.0%
10Y+226.0%
3Y+165.0%
5Y-174.0%
10Y-276.0%
NINE

Nine Energy Service, Inc. Cash Conversion Engine

NINE ยท NYSE
Net Income-51.32M
Depreciation & Amortization34.39M
Stock-Based Compensation2.21M
Change in Working Capital-21.85M
Others29.26M
Capital Expenditures-15.95M
Free Cash Flow-23.25M

Cash Flow Quality Analysis

FCF Conversion Rate

45.3%

Weak cash conversion. Significant portion of earnings not converting to cashโ€”review working capital trends and capital intensity.

CapEx Intensity

-218.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-1383.0%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$21.85M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Nine Energy Service, Inc. Cash Flow Statement

NINE โ€ข NYSE

Nine Energy Service, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014
OPERATING ACTIVITIES
-51.3M
-41.1M
-32.2M
14.4M
-64.6M
-378.9M
-217.8M
-53M
-67.7M
-70.9M
-39.1M
24.5M
34.4M
50M
53.2M
48.9M
53M
57.8M
68.9M
63.8M
62.2M
64.3M
67.5M
0.0
0.0
0.0
0.0
0.0
0.0
-1.6M
-4.3M
898K
-5.8M
-12.2M
-15.8M
0.0
2.2M
2.9M
2.2M
2.4M
5.4M
9.7M
14.1M
13.2M
7.6M
5.7M
5.5M
3.3M
29.3M
10.2M
10.8M
4.3M
-9.3M
270.9M
204.4M
83.2M
44M
19.9M
42.2M
-27.9M
(0.0)
(525K)
(563K)
(0.0)
(0.0)
(0.0)
(517K)
(1.7M)
(0.0)
(0.0)
(0.0)
(0.0)
-21.8M
-8.9M
11.6M
-53.4M
-25M
37.2M
36M
-18.5M
-34.6M
-10.2M
80.1M
0.0
-7.3M
13.2M
45.5M
16.7M
-40.4M
-4.9M
101.3M
89.6M
5.7M
-3.3M
140.4M
0.0
INVESTING ACTIVITIES
-15.9M
-14.8M
-24.6M
-28.6M
-15.4M
-9.4M
-65M
-46.6M
-45.2M
-9.1M
-26.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(17.9M)
-350M
-1M
(3.2M)
-397K
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-1M
(0.0)
-397K
(0.0)
2.4M
585K
1.4M
3.1M
3.5M
7.6M
12.9M
6.9M
1.8M
5M
7.9M
0.0
-13.6M
-14.2M
-23.2M
-25.4M
-11.9M
-1.8M
-34.1M
-389.8M
-44.5M
-4.2M
-19.3M
(0.0)
FINANCING ACTIVITIES
0.0
8.2M
279.8M
0.0
0.0
-158K
0.0
171.8M
61.4M
500K
419K
0.0
17.6M
-9.3M
-282M
5.8M
5.7M
-15.8M
-35.9M
192.7M
-5.3M
-7.5M
-127.3M
0.0
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-2K
(0.0)
(0.0)
-158K
(0.0)
-927K
(0.0)
(0.0)
(0.0)
(0.0)
-4.8M
-604K
-6.7M
-975K
-627K
-1.4M
-2M
154.9M
-1.3M
-297K
-17K
0.0
12.9M
-1.7M
-8.9M
4.8M
5M
-17.4M
-37.9M
346.7M
52.3M
-7.3M
-126.9M
0.0
CASH FLOW SUMMARY
0.0
-294K
-64K
-168K
-66K
-61K
95K
-401K
-110K
-22K
403K
0.0
-8M
-3M
13.4M
-4.1M
-47.4M
-24.1M
29.4M
46.1M
13.4M
-14.8M
-5.4M
0.0
27.9M
30.8M
17.4M
21.5M
68.9M
93M
63.6M
17.5M
4.1M
18.9M
24.2M
0.0
19.8M
27.9M
30.8M
17.4M
21.5M
68.9M
93M
63.6M
17.5M
4.1M
18.9M
0.0
-23.3M
-1.6M
20.9M
-11.9M
-55.8M
-14.3M
36.3M
42.9M
-39.5M
-12.4M
113.6M
0.0

SEC Filings

NINE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 22, 2026
May 22, 2026
2026
8-K

8-K 2026

N/A

May 15, 2026
May 11, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 13, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 13, 2026
May 13, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 28, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 24, 2026
April 20, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 25, 2026
2026
8-K

8-K 2026

N/A

March 23, 2026
March 23, 2026
2026
8-K

8-K 2026

N/A

March 13, 2026
March 09, 2026
2026
Showing 1 to 10 of 125 filings