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MarketScreener Homepage  >  Equities  >  Nyse  >  Nine Energy Service, Inc.    NINE

NINE ENERGY SERVICE, INC.

(NINE)
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Nine Energy Service : Announces CFO Transition

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03/31/2020 | 05:31pm EDT

Nine Energy Service, Inc. (“Nine” or the “Company”) (NYSE: NINE) announced today that Clinton Roeder, Senior Vice President and Chief Financial Officer has departed the Company by mutual consent effective today.

Guy Sirkes, Vice President, Strategic Development, has assumed the role of Senior Vice President and Chief Financial Officer. Prior to joining the Company in March 2019, he was an Executive Director with J.P. Morgan’s Energy Investment Banking Group. There are no issues involving the company’s financial results, internal controls or financial reporting procedures that led to Mr. Roeder’s departure.

Ann Fox, Nine’s President and Chief Executive Officer said: “Clinton has been a valued member of the management team since he joined the Company in 2017. On behalf of the management team and the Board, I would like to thank him for his contributions and wish him well in his future endeavors.”

Ms. Fox continued: “We are excited to have Guy assume the CFO role. I have great confidence in his ability to help lead the Company in this challenging market.”

About Nine Energy Service

Nine Energy Service is an oilfield services company that offers completion solutions within North America and abroad. The Company brings years of experience with a deep commitment to serving clients with smarter, customized solutions and world-class resources that drive efficiencies. Serving the global oil and gas industry, Nine continues to differentiate itself through superior service quality, wellsite execution and cutting-edge technology. Nine is headquartered in Houston, Texas with operating facilities in the Permian, Eagle Ford, SCOOP/STACK, Niobrara, Barnett, Bakken, Marcellus, Utica and throughout Canada.

For more information on the Company, please visit Nine’s website at nineenergyservice.com.


© Business Wire 2020
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Financials (USD)
Sales 2020 329 M - -
Net income 2020 -261 M - -
Net Debt 2020 283 M - -
P/E ratio 2020 -0,19x
Yield 2020 -
Capitalization 64,5 M 64,5 M -
EV / Sales 2019
EV / Sales 2020 1,06x
Nbr of Employees 1 469
Free-Float 50,7%
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Mean consensus UNDERPERFORM
Number of Analysts 7
Average target price 1,02 $
Last Close Price 2,03 $
Spread / Highest target -8,87%
Spread / Average Target -49,8%
Spread / Lowest Target -75,4%
EPS Revisions
Managers
NameTitle
Ann G. Fox President, CEO, Secretary & Director
Ernie L. Danner Chairman
David Crombie Chief Operating Officer & Executive Vice President
Guy Sirkes Chief Financial Officer & Senior Vice President
Clair Holley Chief Technology Officer
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