NexTier Oilfield Solutions (NEX) stock price, revenue, and financials

NexTier Oilfield Solutions market cap is $786.7 m, and annual revenue was $1.2 b in FY 2020

$786.7 M

NEX Mkt cap, 20-Jul-2021

$228.4 M

NexTier Oilfield Solutions Revenue Q1, 2021
NexTier Oilfield Solutions Gross profit (Q1, 2021)10.6 M
NexTier Oilfield Solutions Gross profit margin (Q1, 2021), %4.7%
NexTier Oilfield Solutions Net income (Q1, 2021)-54.5 M
NexTier Oilfield Solutions EBIT (Q1, 2021)-46.7 M
NexTier Oilfield Solutions Cash, 31-Mar-2021271.6 M
NexTier Oilfield Solutions EV889.4 M
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NexTier Oilfield Solutions Revenue

NexTier Oilfield Solutions revenue was $1.2 b in FY, 2020

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NexTier Oilfield Solutions Revenue Breakdown

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NexTier Oilfield Solutions revenue breakdown by business segment: 93.9% from Completion Services and 6.1% from Other

NexTier Oilfield Solutions revenue breakdown by geographic segment: 48.0% from West Texas, 6.0% from Central, 26.6% from Northeast, 18.7% from West and 0.7% from Other

NexTier Oilfield Solutions Income Statement

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

1.5b2.1b1.8b1.2b

Revenue growth, %

39%(15%)

Cost of goods sold

1.3b1.7b1.4b1.0b

Gross profit

259.5m476.5m417.6m170.0m

Gross profit Margin, %

17%22%23%14%

General and administrative expense

93.5m114.3m123.7m144.1m

Operating expense total

250.0m378.5m501.4m501.3m

Depreciation and amortization

159.3m259.1m292.2m302.1m

EBIT

9.3m98.0m(83.7m)(331.3m)

EBIT margin, %

1%5%(5%)(28%)

Interest expense

59.2m33.5m21.9m

Pre tax profit

(36.0m)63.6m(105.2m)(345.4m)

Income tax expense

150.0k4.3m1.0m1.5m

Net Income

(36.1m)59.3m(106.2m)(346.9m)

EPS

(0.3)0.5(0.9)

NexTier Oilfield Solutions Balance Sheet

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

96.1m80.2m255.0m276.0m

Accounts Receivable

238.0m210.4m350.8m122.6m

Prepaid Expenses

8.5m5.8m20.5m58.0m

Inventories

33.4m35.7m61.6m30.1m

Current Assets

376.1m332.3m688.1m486.8m

PP&E

468.0m531.3m709.4m470.7m

Goodwill

135.0m132.5m137.5m104.2m

Total Assets

1.0b1.1b1.7b1.2b

Accounts Payable

92.3m106.7m115.3m61.3m

Short-term debt

4.4m7.7m28.1m20.8m

Current Liabilities

242.2m220.6m386.2m220.2m

Long-term debt

278.5m343.5m375.3m358.0m

Non-Current Liabilities

287.9m346.8m391.9m380.4m

Total Debt

282.9m351.2m403.4m378.8m

Total Liabilities

530.0m567.4m778.1m600.6m

Common Stock

1.1m1.0m2.1m2.1m

Additional Paid-in Capital

541.1m455.4m966.8m990.0m

Retained Earnings

(27.4m)31.5m(73.3m)(421.7m)

Total Equity

513.1m487.2m886.8m557.3m

Debt to Equity Ratio

0.6 x0.7 x0.5 x

Debt to Assets Ratio

0.3 x0.3 x0.2 x

Financial Leverage

2 x2.2 x1.9 x2.1 x

Quarterly

USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

95.5m109.5m82.8m83.7m117.1m157.0m489.4m337.1m305.2m271.6m

Accounts Receivable

244.9m246.8m246.3m195.6m199.1m196.2m341.7m86.6m96.7m163.5m

Prepaid Expenses

11.7m11.3m10.0m3.7m5.9m6.3m47.6m51.3m56.2m21.2m

Inventories

37.8m40.6m28.8m31.0m26.6m21.6m51.0m43.2m30.2m31.6m

Current Assets

389.8m409.4m367.9m314.3m349.3m381.4m929.7m518.2m488.3m488.0m

PP&E

458.4m493.4m550.3m493.0m470.3m437.3m635.3m575.1m514.3m456.7m

Goodwill

134.5m132.5m132.5m132.5m132.5m132.5m104.2m104.2m104.2m104.2m

Total Assets

1.0b1.1b1.1b1.1b1.1b1.1b1.8b1.3b1.2b1.1b

Accounts Payable

135.0m123.4m125.5m107.0m119.9m106.1m166.7m37.8m52.6m88.5m

Short-term debt

4.7m5.9m6.3m31.2m27.4m25.9m200.6m23.3m23.4m16.9m

Current Liabilities

253.2m244.1m251.5m212.9m223.5m213.4m582.8m208.7m210.0m245.8m

Long-term debt

278.0m344.8m345.4m373.0m367.9m363.6m370.5m368.8m364.0m357.4m

Non-Current Liabilities

282.7m349.5m350.3m378.7m376.1m373.5m386.3m389.3m387.3m377.9m

Total Debt

282.6m350.7m351.7m404.3m395.2m389.5m571.1m392.2m387.4m374.4m

Total Liabilities

535.8m593.6m601.8m591.6m599.6m586.8m969.2m598.0m597.3m623.7m

Common Stock

1.1m1.1m1.1m1.0m1.0m1.0m2.1m2.1m2.1m2.2m

Additional Paid-in Capital

545.1m510.3m485.8m460.9m466.0m471.4m972.5m981.2m985.9m994.2m

Retained Earnings

(35.6m)(6.2m)24.6m11.0m6.0m9.6m(146.6m)(259.1m)(361.5m)(476.2m)

Total Equity

511.0m505.4m512.6m469.0m465.3m472.0m817.7m711.6m613.9m509.3m

Debt to Equity Ratio

0.6 x0.7 x0.7 x0.9 x0.8 x0.8 x0.7 x0.6 x0.6 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x0.4 x0.4 x0.4 x0.3 x0.3 x0.3 x

Financial Leverage

2 x2.2 x2.2 x2.3 x2.3 x2.2 x2.2 x1.8 x2 x2.2 x

NexTier Oilfield Solutions Cash Flow

Annual

USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(36.1m)59.3m(106.2m)(346.9m)

Depreciation and Amortization

159.3m259.1m292.2m302.1m

Accounts Receivable

(113.0m)27.5m172.6m183.1m

Inventories

(15.5m)(2.7m)17.2m19.2m

Accounts Payable

(141.0k)11.3m(17.8m)(61.7m)

Cash From Operating Activities

79.7m350.3m305.5m68.9m

Purchases of PP&E

(141.3m)(277.6m)(200.4m)(113.5m)

Capital Expenditures

(157.0k)(1.7m)

Cash From Investing Activities

(250.8m)(297.5m)(114.1m)(37.8m)

Long-term Borrowings

(292.8m)(289.1m)(9.5m)(182.3m)

Cash From Financing Activities

218.1m(68.6m)(16.7m)(9.8m)

Net Change in Cash

47.2m(15.9m)174.8m21.0m

Interest Paid

30.1m24.5m20.8m21.1m

Income Taxes Paid

5.5m1.7m1.2m

Free Cash Flow

79.5m348.7m68.9m

NexTier Oilfield Solutions Ratios

USDFY, 2017

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x

NexTier Oilfield Solutions Operating Metrics

FY, 2017FY, 2018FY, 2019

Cementing Units

2424101

Coiled Tubing Units

25

Fluids Management Trucks

348

Hydraulic Fracturing Fleets

262945

Pumpdown Units

80

Wireline Trucks

3134118

Workover Rigs

475

NexTier Oilfield Solutions Employee Rating

3.178 votes
Culture & Values
2.1
Work/Life Balance
2.5
Senior Management
1.9
Salary & Benefits
3
Career Opportunities
2.4
Source