NexTier Oilfield Solutions (NYSE: NEX) is one of 36 public companies in the “Oil & gas field services, not elsewhere classified” industry, but how does it compare to its peers? We will compare NexTier Oilfield Solutions to similar businesses based on the strength of its profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation.
Earnings and Valuation
This table compares NexTier Oilfield Solutions and its peers gross revenue, earnings per share and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
NexTier Oilfield Solutions | $2.14 billion | $59.33 million | 5.15 |
NexTier Oilfield Solutions Competitors | $3.79 billion | $274.40 million | 8.33 |
NexTier Oilfield Solutions’ peers have higher revenue and earnings than NexTier Oilfield Solutions. NexTier Oilfield Solutions is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Volatility & Risk
NexTier Oilfield Solutions has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500. Comparatively, NexTier Oilfield Solutions’ peers have a beta of 1.91, indicating that their average share price is 91% more volatile than the S&P 500.
Analyst Ratings
This is a summary of current ratings and price targets for NexTier Oilfield Solutions and its peers, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
NexTier Oilfield Solutions | 0 | 0 | 1 | 0 | 3.00 |
NexTier Oilfield Solutions Competitors | 477 | 1830 | 2289 | 99 | 2.43 |
NexTier Oilfield Solutions currently has a consensus price target of $12.00, indicating a potential upside of 153.16%. As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 94.57%. Given NexTier Oilfield Solutions’ stronger consensus rating and higher probable upside, analysts plainly believe NexTier Oilfield Solutions is more favorable than its peers.
Insider & Institutional Ownership
88.4% of NexTier Oilfield Solutions shares are owned by institutional investors. Comparatively, 63.0% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by institutional investors. 0.5% of NexTier Oilfield Solutions shares are owned by company insiders. Comparatively, 9.7% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Profitability
This table compares NexTier Oilfield Solutions and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
NexTier Oilfield Solutions | -0.96% | 2.73% | 1.22% |
NexTier Oilfield Solutions Competitors | -7.97% | -78.64% | 0.21% |
Summary
NexTier Oilfield Solutions beats its peers on 7 of the 13 factors compared.
About NexTier Oilfield Solutions
NexTier Oilfield Solutions Inc. provides integrated well completion services primarily in the United States. Its principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions. The company also provides cementing and drilling services; and engineering software and technical guidance for remedial cementing applications and acidizing. Its customers primarily include integrated and large independent oil and natural gas exploration and production companies. The company has 29 hydraulic fracturing fleets, 34 wireline trucks, 24 cementing pumps, and other ancillary assets located in the Permian Basin, the Marcellus Shale/Utica Shale, the Eagle Ford Formation, the Bakken Formation, and other active oil and gas basins. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas. NexTier Oilfield Solutions Inc. is a subsidiary of Keane Investor Holdings LLC.
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