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NexTier Oilfield Solutions (NYSE:NEX) and Its Rivals Financial Survey

globalresearchsyndicate by globalresearchsyndicate
December 29, 2019
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Head to Head Survey: NexTier Oilfield Solutions (NEX) & Its Rivals
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NexTier Oilfield Solutions (NYSE: NEX) is one of 37 publicly-traded companies in the “Oil & gas field services, not elsewhere classified” industry, but how does it contrast to its rivals? We will compare NexTier Oilfield Solutions to similar businesses based on the strength of its profitability, institutional ownership, risk, valuation, dividends, earnings and analyst recommendations.

Profitability

This table compares NexTier Oilfield Solutions and its rivals’ 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 -9.71% -79.99% -0.20%

Analyst Recommendations

This is a breakdown of recent recommendations and price targets for NexTier Oilfield Solutions and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NexTier Oilfield Solutions 0 1 6 0 2.86
NexTier Oilfield Solutions Competitors 488 1842 2321 99 2.43

NexTier Oilfield Solutions currently has a consensus target price of $8.38, suggesting a potential upside of 28.19%. As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 46.29%. Given NexTier Oilfield Solutions’ rivals higher possible upside, analysts clearly believe NexTier Oilfield Solutions has less favorable growth aspects than its rivals.

Volatility and Risk

NexTier Oilfield Solutions has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500. Comparatively, NexTier Oilfield Solutions’ rivals have a beta of 1.97, indicating that their average share price is 97% more volatile than the S&P 500.

Earnings & Valuation

This table compares NexTier Oilfield Solutions and its rivals top-line revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
NexTier Oilfield Solutions $2.14 billion $59.33 million 7.11
NexTier Oilfield Solutions Competitors $3.75 billion $242.04 million 9.15

NexTier Oilfield Solutions’ rivals have higher revenue and earnings than NexTier Oilfield Solutions. NexTier Oilfield Solutions is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

88.4% of NexTier Oilfield Solutions shares are held by institutional investors. Comparatively, 57.2% of shares of all “Oil & gas field services, not elsewhere classified” companies are held by institutional investors. 0.5% of NexTier Oilfield Solutions shares are held by company insiders. Comparatively, 9.7% of shares of all “Oil & gas field services, not elsewhere classified” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Summary

NexTier Oilfield Solutions rivals beat NexTier Oilfield Solutions on 7 of the 13 factors compared.

About NexTier Oilfield Solutions

NexTier Oilfield Solutions logoNexTier 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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