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    NexTier Oilfield Solutions Inc.

    Subscribe to $NEX
    $NEX
    Oilfield Services/Equipment
    Energy

    NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company's Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. As of December 31, 2020, it had approximately 37 hydraulic fracturing fleets, 116 wireline trucks, and 80 pumpdown units. The company's Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from our customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells. It also offers coiled tubing services to help customers in accomplishing various goals in their horizontal completion, workover, and well maintenance projects. As of December 31, 2020, this segment had approximately 25 coiled tubing units and 101 cementing units. The company serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.

    IPO Year: 2017

    Exchange: NYSE

    Website: nextierofs.com

    Recent Analyst Ratings for NexTier Oilfield Solutions Inc.

    DatePrice TargetRatingAnalyst
    6/16/2023$9.50 → $9.75Buy → Neutral
    Citigroup
    4/18/2023$8.50Neutral → Underperform
    BofA Securities
    12/9/2022$19.00Strong Buy
    Raymond James
    10/7/2022$12.00Overweight
    Piper Sandler
    9/26/2022$13.00Overweight → Equal-Weight
    Morgan Stanley
    7/15/2022$12.50 → $9.50Buy → Neutral
    BofA Securities
    3/4/2022$7.70 → $9.00Neutral
    Susquehanna
    2/28/2022$7.00 → $8.00Overweight
    Morgan Stanley
    2/23/2022$6.00 → $7.70Neutral
    Susquehanna
    2/23/2022$7.00 → $8.00Buy
    Stifel
    See more ratings