NINEQ (Nine Energy Service) Beginning Cash Position: $28.4 Mil (As of Jun. 2026)

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What is Nine Energy Service Beginning Cash Position?

Nine Energy Service NINEQ Beginning Cash Position is $28.4 Mil as of Jun. 2026. The stock has 2 warning signs investors should review.

Nine Energy Service's Beginning Cash Position for the quarter that ended in Jun. 2026 was $28.4 Mil.

Nine Energy Service's quarterly Beginning Cash Position declined from Dec. 2025 ($16.5 Mil) to Mar. 2026 ($0.0 Mil) but then increased from Mar. 2026 ($0.0 Mil) to Jun. 2026 ($28.4 Mil).

Nine Energy Service's annual Beginning Cash Position increased from Dec. 2023 ($17.4 Mil) to Dec. 2024 ($30.8 Mil) but then declined from Dec. 2024 ($30.8 Mil) to Dec. 2025 ($27.9 Mil).

Nine Energy Service Beginning Cash Position Related Terms

Nine Energy Service Beginning Cash Position Historical Data

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The historical data trend for Nine Energy Service's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nine Energy Service Beginning Cash Position Chart

Nine Energy Service Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.86 21.51 17.45 30.84 27.88

Nine Energy Service Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.28 17.76 16.48 0.00 28.44

Nine Energy Service Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $28.4 Mil mean?
Nine Energy Service (NINEQ) has a Beginning Cash Position of $28.4 Mil as of Jun. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nine Energy Service and its competitors.
Is Nine Energy Service's Beginning Cash Position too high?
Nine Energy Service's current Beginning Cash Position is $28.4 Mil.
How does Nine Energy Service's Beginning Cash Position compare to STAK and OMSE?
Nine Energy Service's Beginning Cash Position of $28.4 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Nine Energy Service and its competitors. Nine Energy Service's current Beginning Cash Position is $28.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Energy Service stock overvalued right now?
Nine Energy Service (NINEQ) has a current Beginning Cash Position of $28.4 Mil. The stock's GF Value™ is $1.22, compared to a current price of $0.01 — trading 99% below its estimated fair value. The current Beginning Cash Position is $28.4 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Nine Energy Service (NINEQ), the current Beginning Cash Position is $28.4 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nine Energy Service Business Description

Industry EnergyOil & Gas
Other Exchanges NINE:USA
Address 2001 Kirby Drive, Suite 200, Houston, TX, USA, 77019
Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. The Company operates as one reportable segment, known as Completions Solutions. The Completions Solutions segment provides services and products integral to the completion of unconventional wells through a full range of tools and methodologies. These services and products are similar in purpose and end use by focusing on preparing and enabling a well to produce oil and gas and must be completed in order for a well to begin producing hydrocarbons. It operates in the U.S, Canada, and other countries where the majority of the revenue is generated from the United States.