Nine Energy ServiceNINE
Market Cap: 67.8M
About: Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. It operates in one segment, Completion Solutions. The Completion Solutions segment offers cementing services; completion tools, including liner hangers and accessories, frac sleeves, fully composite frac plugs, and specialty open hole float equipment and centralizers and other services. It operates in the U.S, Canada, and other countries where majority of the revenue is generated from the United States.
Employees: 1,157
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
756% more call options, than puts
Call options by funds: $137K | Put options by funds: $16K
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]
1.31% less ownership
Funds ownership: 57.6% [Q4 2023] → 56.28% (-1.31%) [Q1 2024]
8% less funds holding
Funds holding: 60 [Q4 2023] → 55 (-5) [Q1 2024]
18% less capital invested
Capital invested by funds: $54.5M [Q4 2023] → $44.5M (-$10M) [Q1 2024]
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Research analyst outlook
We haven’t received any recent analyst ratings for NINE.