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Companies / Energy / Nine Energy Service, Inc.
NINE

Nine Energy Service, Inc.

EnergyMining
Ticker NINEHOUSTON, TXFiscal year ends DecemberBook value per share $9.29Diluted shares 13.9M

Nine Energy Service, Inc. (NYSE: NINE) is a leading completion services provider specializing in unconventional oil and gas resource development across North American basins and internationally. The company's website is located at https://nineenergyservice.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$561.91M
+1.4% year over year
Last 12 mo $447.60M
0.42%
−1.2 percentage points
Last 12 mo -2.32%
$-51.32M
−24.9% year over year
Last 12 mo $-40.01M
44.64%
−17.5 percentage points
Last 12 mo -30.88%
Cash & financing
$-7.31M
−155.4% year over year
Last 12 mo $-16.83M
$-23.25M
−1383.0% year over year
Last 12 mo $-30.46M
-3.03
Was -4.86× a year earlier
Last 12 mo 0.76
40.9M
+10.1% year over year
Last 12 mo 13.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Nine Energy Service, Inc. does

In the company’s own words

Nine Energy Service, Inc. (NYSE: NINE) is a leading completion services provider specializing in unconventional oil and gas resource development across North American basins and internationally. The company's website is located at https://nineenergyservice.com.

Nine delivers comprehensive completion solutions designed to maximize production levels and operating efficiencies for exploration and production customers. The company operates across four primary service lines: cementing services, completion tools, wireline services, and coiled tubing services. The cementing division operates four high-quality laboratory facilities capable of designing and testing industry cement designs around the clock, with technicians ensuring compliance with American Petroleum Institute specifications. The completion tools segment provides downhole solutions including composite, hybrid, and dissolvable frac plugs in various sizes, along with complementary products such as liner hangers, fracture isolation packers, and specialty open hole float equipment. The wireline services division operates a fleet of modern cased hole wireline units equipped with advanced technology for long lateral completions, including electric units that reduce carbon emissions. The coiled tubing services segment performs wellbore intervention operations using continuous steel pipe, with extended reach units capable of reaching total measured depths exceeding 27,000 feet.

Nine operates strategically placed facilities throughout all major onshore basins in the United States, including the Permian Basin, Marcellus and Utica Shales, Eagle Ford Shale, DJ Basin, SCOOP/STACK Formation, Bakken Formation, and Haynesville Formation, as well as the Western Canada Sedimentary Basin. The company maintains a broad customer base of integrated and independent exploration and production companies, with top five customers representing approximately 24 percent of revenues. As of December 31, 2025, Nine employed 1,072 full-time employees and operated a commercial motor vehicle fleet exceeding 580 units.

The company competes against major integrated oilfield services companies and numerous smaller regional providers, differentiating itself through technology offerings, wellsite execution, service quality, technical expertise, equipment capacity, workforce competency, efficiency, and safety record. Nine's business model emphasizes strategic partnerships for technology commercialization, allowing access to proprietary downhole tools while minimizing research and development costs and inventory exposure.

Company details
Sector
Energy
Industry (SIC)
Mining
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
1532286
SIC
1389

Financial performance, year by year

Fiscal 2018–2025 · USD
$-500.14M$-136.57M$226.99M$590.56M$954.13M20182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Nine Energy Service, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

12
funds hold it
0 of 35
superinvestors hold it
$29.18M
held by funds, at market
19.5%
of shares held by funds

Largest fund holders · Nine Energy Service, Inc.’s weight in each

NYLI MacKay High Yield Corporate Bond Fund
MHCAX · NEW YORK LIFE INVESTMENTS FUNDS
0.13%of fund net assets
0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
NYLI MacKay Short Duration High Income Fund
MDHAX · NEW YORK LIFE INVESTMENTS FUNDS TRUST
0.11%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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