Craft

NexTier Oilfield Solutions

Stock Price

$10.6

2023-09-06

Market Capitalization

$2.4 B

2023-09-06

Revenue

$3.2 B

FY, 2022

NexTier Oilfield Solutions Summary

Company Summary

Overview
NexTier Oilfield Solutions is a land oilfield focused service company. It's organized into three reportable segments: Completion Services, Well Construction and Intervention Services, and Well Support Services. The Completion Services segment consists of fracturing, wireline and pumping, and completion support services that include its research and technology department. The Well Construction and Intervention Services segment provides cementing and coiled tubing services. The Well Support Services segment offers rig, fluids management, and specialty well site services.
Type
Public
Status
Active
Founded
2019
HQ
Houston, TX, US | view all locations
Website
http://nextierofs.com
Cybersecurity rating
ESG rating
40-49 out of 100|View all ESG data
Sectors

Key People

  • Robert Drummond

    Robert Drummond, President & Chief Executive Officer

  • Kenneth Pucheu

    Kenneth Pucheu, Executive Vice President & Chief Financial Officer

  • Kevin McDonald

    Kevin McDonald, Executive Vice President, Chief Administrative Officer & General Counsel

  • Ian Henkes

    Ian Henkes, Senior Vice President – Operations

Operating MetricsView all

Hydraulic Fracturing Fleets

45
55.2%

FY, 2019

Wireline Trucks

118
247.1%

FY, 2019

Cementing Units

101
320.8%

FY, 2019

LocationsView all

24 locations detected

  • Houston, TX HQ

    United States

    3990 Rogerdale Rd

  • Brighton, CO

    United States

    821 Co Rd 27

  • Canonsburg, PA

    United States

    4000 Town Center Blvd

  • Cheyenne, WY

    United States

    2503 E Fox Farm Rd

  • Denver, CO

    United States

    475 17th St #850

  • Dickinson, ND

    United States

    2225 W Villard St

and 18 others

NexTier Oilfield Solutions Financials

Summary Financials

Revenue (Q2, 2023)
$945.1M
Gross profit (Q2, 2023)
$268.8M
Net income (Q2, 2023)
$150.1M
Cash (Q2, 2023)
$310.2M
EBIT (Q2, 2023)
$154.5M
Enterprise value
$2.6B

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