NexTier Oilfield Solutions (NYSE: NEX) is one of 36 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 related companies based on the strength of its valuation, analyst recommendations, institutional ownership, dividends, profitability, risk and earnings.
Institutional and Insider Ownership
88.4% of NexTier Oilfield Solutions shares are held by institutional investors. Comparatively, 62.7% 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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Earnings & Valuation
This table compares NexTier Oilfield Solutions and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|NexTier Oilfield Solutions||$2.14 billion||$59.33 million||5.59|
|NexTier Oilfield Solutions Competitors||$3.79 billion||$274.39 million||8.50|
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.
This is a breakdown of current ratings and price targets for NexTier Oilfield Solutions and its rivals, as reported by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|NexTier Oilfield Solutions||0||1||4||0||2.80|
|NexTier Oilfield Solutions Competitors||480||1838||2310||99||2.43|
NexTier Oilfield Solutions presently has a consensus target price of $8.26, indicating a potential upside of 60.70%. As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 63.79%. Given NexTier Oilfield Solutions’ rivals higher possible upside, analysts plainly believe NexTier Oilfield Solutions has less favorable growth aspects than its rivals.
Volatility and Risk
NexTier Oilfield Solutions has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500. Comparatively, NexTier Oilfield Solutions’ rivals have a beta of 1.94, suggesting that their average stock price is 94% more volatile than the S&P 500.
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||-7.97%||-78.64%||0.21%|
NexTier Oilfield Solutions rivals beat NexTier Oilfield Solutions on 7 of the 13 factors compared.
NexTier Oilfield Solutions Company Profile
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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