NexTier Oilfield Solutions Inc (NEX) Files 10-K for the Fiscal Year Ended on December 31, 2019

Author's Avatar
Mar 13, 2020
Article's Main Image

NexTier Oilfield Solutions Inc (NEX, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Keane Group Inc is a provider of integrated well completion services in the U.S. Its services include hydraulic fracturing, engineered solutions, wireline technologies and coiled tubing. It also provides drilling & well construction services. NexTier Oilfield Solutions Inc has a market cap of $266.987 million; its shares were traded at around $1.27 with and P/S ratio of 0.08.

For the last quarter NexTier Oilfield Solutions Inc reported a revenue of $528.2 million, compared with the revenue of $486.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.8 billion, a decrease of 14.8% from the previous year. For the complete 30-year financial data, please go here.. For the last five years NexTier Oilfield Solutions Inc had an average revenue growth rate of 50.1% a year.

The reported loss per diluted share was 86 cents for the year, compared with the earnings per share of $-0.34 in the previous year. The NexTier Oilfield Solutions Inc had an operating margin of 0.1%, compared with the operating margin of 4.82% a year before. The 10-year historical median operating margin of NexTier Oilfield Solutions Inc is -5.46%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, NexTier Oilfield Solutions Inc has the cash and cash equivalents of $255.0 million, compared with $80.2 million in the previous year. The long term debt was $375.3 million, compared with $343.5 million in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. NexTier Oilfield Solutions Inc has a financial strength rank of 5 (out of 10).

For the complete 20-year historical financial data of NEX, click here.