Nine Energy Service (NINE) Scheduled to Post Earnings on Monday

Nine Energy Service (NYSE:NINE) will be issuing its quarterly earnings data after the market closes on Monday, May 6th. Analysts expect the company to announce earnings of ($0.32) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Nine Energy Service (NYSE:NINE) last posted its quarterly earnings results on Thursday, March 7th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.35) by $0.05. The firm had revenue of $144.07 million for the quarter, compared to analyst estimates of $142.00 million. On average, analysts expect Nine Energy Service to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Nine Energy Service Stock Up 3.8 %

NYSE:NINE opened at $2.20 on Friday. Nine Energy Service has a 52-week low of $1.78 and a 52-week high of $5.59. The stock’s 50 day moving average price is $2.32 and its 200 day moving average price is $2.49. The company has a market capitalization of $77.73 million, a PE ratio of -2.26 and a beta of 3.42.

Insider Activity at Nine Energy Service

In related news, insider Ann G. Fox sold 216,704 shares of the firm’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $2.17, for a total transaction of $470,247.68. Following the transaction, the insider now owns 508,783 shares of the company’s stock, valued at $1,104,059.11. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 6.20% of the stock is owned by insiders.

Nine Energy Service Company Profile

Nine Energy Service, Inc operates as an onshore completion services provider that targets unconventional oil and gas resource development in North American basins and internationally. It offers cementing services, including 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.