$8.71
-0.63%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.
Weak cash conversion. Significant portion of earnings not converting to cashโreview working capital trends and capital intensity.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโmonitor closely.
Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.
NINE โข NYSE
| Nine Energy Service, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 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 |
NINE - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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