Nine Energy Service, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 04:31 am EDT
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Nine Energy Service, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 66.626 million. Operating loss was USD 17.299 million. Net loss was USD 8.246 million. Basic loss per share from continuing operations was USD 0.28.
Nine Energy Service, Inc. is an oilfield services company that offers completion solutions within North America and abroad. The Company partner with its exploration and production (E&P) customers to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. The Company provide its comprehensive completion solutions across a diverse set of well-types, including on the complex, technically demanding unconventional wells. It offers variety of completion applications and technologies to match customer needs across the broadest addressable completions market. Its comprehensive well solutions range from cementing the well at the initial stages of the completion, preparing the well for stimulation, isolating all the stages of an extended reach lateral, and the drilling out of isolation tools. The Company provides services integral to the completion of unconventional wells through a range of tools and methodologies.
NINE ENERGY SERVICE, INC. 
