Nine Energy Service, Inc. (NINE) is a Energy stock trading at $10.59 (as of 2026-09-02), with a market capitalization of $147.73M and a trailing P/E of 2.0. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Nine Energy Service, Inc. provides onshore completion services for oil and gas wells, including cementing (cement slurry pumping between casing and wellbore), completion tools (e.g., frac sleeves, liner hangers, isolation packers and related accessories), wireline plug-and-perf services, and coiled tubing well interventions. These services support unconventional resource development in North American and international basins.
Nine Energy Service provides cementing and completion tools (frac plugs, packers, liner hangers) to operators drilling unconventional wells across North America and internationally. Revenue scales almost directly with shale well completions, making the company a pure volume play on operator activity in key basins.
Every well completed in an unconventional basin requires a cement job and a set of frac tools, so Nine's revenue is essentially a per-well fee that scales one-to-one with completion volume, with no recurring or subscription component.
Business quality (Mixed): Business quality is mixed: the 54% return on equity looks strong but is likely a denominator effect from depressed net assets, while the -2% operating margin shows the company is still below breakeven on an operating basis. The model is cyclical and volume-dependent, with thin margins in service and tool sales.
Valuation: At 2× earnings, NINE trades 87% below the Petroleum & Natural Gas average (16×). Note: the low multiple may reflect one-time earnings items.
| Price | $10.59 |
| Market Cap | $147.73M |
| P/E Ratio | 2.0 |
| EV / EBITDA | 47.0 |
| Price / Book | 1.10 |
| Price / Sales | 0.37 |
| FCF Yield | -15.7% |
| Revenue (TTM) | $561.91M |
| Net Margin | -9.1% |
| Revenue Growth (YoY) | -72.4% |
| EPS Growth (YoY) | -50.0% |
| FCF Growth (YoY) | -36.3% |
| Altman Z-Score | -1.64 (distress) |
| Stock P/E | 2.0 |
| Sector P/E (Energy) | 16.1 |
| Industry P/E (Petroleum & Natural Gas) | 15.4 |
| vs Sector | -87.4% |
| vs Industry | -86.8% |
| Top Institutional Holder | WELLS FARGO & COMPANY/MN ($3813.00) |
| Institutional Holders Tracked | 1 |
| Sector | Energy |
| Industry | Petroleum & Natural Gas |
| CEO | Ann G. Fox |
| Employees | 1,077 |
| Country | US |
| IPO Date | 2018-01-19 |
Data as of 2026-09-02.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.