NEX
Price:
$10.61
Market Cap:
$2.42B
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company operates through two segments, Completion Services, and Well Construction and Intervention Services. The Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. As of December 31, 2021, it had approximately 2.1 million of fracturing hydraulic horsepower, 101 wireline trucks, and ...[Read more]
Industry
Oil & Gas Equipment & Services
IPO Date
2017-01-20
Stock Exchange
NYSE
Ticker
NEX
According to NexTier Oilfield Solutions Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.31. This represents a change of 1.13% compared to the average of 1.30 of the last 4 quarters.
The mean historical Current Ratio of NexTier Oilfield Solutions Inc. over the last ten years is 1.71. The current 1.31 Current Ratio has changed 7.59% with respect to the historical average. Over the past ten years (40 quarters), NEX's Current Ratio was at its highest in in the June 2020 quarter at 2.48. The Current Ratio was at its lowest in in the March 2016 quarter at 0.
Average
1.71
Median
1.55
Minimum
1.08
Maximum
2.34
Discovering the peaks and valleys of NexTier Oilfield Solutions Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 24.10%
Maximum Annual Current Ratio = 2.34
Minimum Annual Increase = -51.32%
Minimum Annual Current Ratio = 1.08
Year | Current Ratio | Change |
---|---|---|
2022 | 1.31 | 21.90% |
2021 | 1.08 | -51.32% |
2020 | 2.21 | 24.10% |
2019 | 1.78 | 18.28% |
2018 | 1.51 | -3.01% |
2017 | 1.55 | 6.14% |
2016 | 1.46 | -37.39% |
2015 | 2.34 | 10.25% |
The current Current Ratio of NexTier Oilfield Solutions Inc. (NEX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.53
5-year avg
1.58
10-year avg
1.71
NexTier Oilfield Solutions Inc.’s Current Ratio is greater than ProPetro Holding Corp. (1.20), less than Select Energy Services, Inc. (1.78), greater than Liberty Energy Inc. (1.23), less than Cactus, Inc. (3.82), less than Magnolia Oil & Gas Corporation (1.47),
Company | Current Ratio | Market cap |
---|---|---|
1.20 | $953.13M | |
1.78 | $1.48B | |
1.23 | $3.01B | |
3.82 | $4.28B | |
1.47 | $4.88B |
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