Risk & Volatility
Nine Energy Service has a beta of 2.92, suggesting that its stock price is 192% more volatile than the S&P 500. Comparatively, Western Energy Services has a beta of 0.62, suggesting that its stock price is 38% less volatile than the S&P 500.
Earnings & Valuation
This table compares Nine Energy Service and Western Energy Services”s gross revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Nine Energy Service | $554.10 million | 0.06 | -$41.08 million | ($0.91) | -0.77 |
Western Energy Services | $162.82 million | 0.31 | -$5.22 million | ($0.12) | -12.55 |
Institutional & Insider Ownership
57.6% of Nine Energy Service shares are held by institutional investors. 4.1% of Nine Energy Service shares are held by insiders. Comparatively, 50.0% of Western Energy Services shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Profitability
This table compares Nine Energy Service and Western Energy Services’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Nine Energy Service | -6.31% | N/A | -10.17% |
Western Energy Services | -2.43% | -1.87% | -1.29% |
Summary
Western Energy Services beats Nine Energy Service on 6 of the 11 factors compared between the two stocks.
About Nine Energy Service
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. The company also provides open hole and cemented completion tool products, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.
About Western Energy Services
Western Energy Services Corp. operates as an oilfield service company in Canada and the United States. It operates through Contract Drilling and Production Services segments. The Contract Drilling segment provides contract drilling services using drilling rigs and auxiliary equipment. The Production Services segment offers well servicing rig and related equipment, as well as rental equipment services. Western Energy Services Corp. is headquartered in Calgary, Canada.
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