NCSM stock icon

NCS Multistage Holdings
NCSM

$17.45
0.35%

Market Cap: 43.7M

 

About: NCS Multistage Holdings Inc provides products and support services that facilitate the optimization of oil and natural gas well completions and field development strategies. NCS provides its products and services to exploration and production companies for use in onshore wells, predominantly wells that have been drilled with horizontal laterals in unconventional oil and natural gas formations. The company's primary offering is its fracturing systems products and services, which enable efficient pinpoint stimulation: the process of individually stimulating each entry point into a formation targeted by an oil or natural gas well. Geographically, majority of revenue is generated from United States.

Employees: 243

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

75% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 4

0.53% less ownership

Funds ownership: 72.0% [Q4 2023] → 71.47% (-0.53%) [Q1 2024]

8% less capital invested

Capital invested by funds: $31.2M [Q4 2023] → $28.5M (-$2.64M) [Q1 2024]

13% less funds holding

Funds holding: 16 [Q4 2023] → 14 (-2) [Q1 2024]

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 2

Research analyst outlook

We haven’t received any recent analyst ratings for NCSM.

Financial journalist opinion

Neutral
GlobeNewsWire
4 months ago
NCS Multistage Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Results
Fourth Quarter Results Total revenues of $35.2 million, compared to $40.2 million in 2022 Net income of $39.6 million and earnings per diluted share of $15.80, benefited by a legal settlement, compared to $2.0 million and earnings per diluted share of $0.81 for the fourth quarter of 2022 Adjusted net loss of $(0.9) million and adjusted loss per share of $(0.36), compared to adjusted net income of $1.8 million and adjusted earnings per diluted share of $0.75 in the fourth quarter of 2022 Adjusted EBITDA of $2.5 million, compared to $6.4 million in the fourth quarter of 2022 Full Year Results Total revenues of $142.5 million, compared to $155.6 million in 2022 Net loss of $(3.2) million and a loss per share of $(1.27), compared to a net loss of $(1.1) million and a loss per share of $(0.45) in 2022 Adjusted net loss of $(1.3) million and adjusted loss per share of $(0.51), compared to adjusted net loss of $(0.2) million and adjusted loss per share of $(0.09) in 2022 Adjusted EBITDA of $11.9 million, compared to $15.1 million in 2022 Free cash flow after distributions to non-controlling interest of $2.6 million, an increase of $4.7 million compared to 2022 HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (Nasdaq: NCSM) (the “Company,” “NCS,” “we” or “us”), a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completions and field development strategies, today announced its results for the quarter and year ended December 31, 2023. Financial Review Fourth Quarter 2023 Financial Results Total revenues were $35.2 million for the quarter ended December 31, 2023, a decrease of 12% compared to the fourth quarter of 2022.
NCS Multistage Holdings, Inc. Announces Fourth Quarter and Full Year 2023 Results