Nine Energy Service (NYSE: NINE) is one of 43 publicly-traded companies in the “Oil & gas field services, not elsewhere classified” industry, but how does it contrast to its peers? We will compare Nine Energy Service to related companies based on the strength of its analyst recommendations, valuation, risk, profitability, institutional ownership, earnings and dividends.
This table compares Nine Energy Service and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Nine Energy Service||-100.20%||-24.16%||-9.53%|
|Nine Energy Service Competitors||-26.71%||-122.89%||-5.60%|
Risk and Volatility
Nine Energy Service has a beta of 2.94, meaning that its share price is 194% more volatile than the S&P 500. Comparatively, Nine Energy Service’s peers have a beta of 2.26, meaning that their average share price is 126% more volatile than the S&P 500.
Insider & Institutional Ownership
54.6% of Nine Energy Service shares are owned by institutional investors. Comparatively, 52.7% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by institutional investors. 3.6% of Nine Energy Service shares are owned by company insiders. Comparatively, 9.4% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Valuation & Earnings
This table compares Nine Energy Service and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Nine Energy Service||$832.94 million||-$217.75 million||4.13|
|Nine Energy Service Competitors||$3.24 billion||-$204.06 million||5.09|
Nine Energy Service’s peers have higher revenue and earnings than Nine Energy Service. Nine Energy Service 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.
This is a summary of current ratings and price targets for Nine Energy Service and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Nine Energy Service||0||0||0||0||N/A|
|Nine Energy Service Competitors||568||2091||2476||115||2.41|
As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 84.10%. Given Nine Energy Service’s peers higher possible upside, analysts plainly believe Nine Energy Service has less favorable growth aspects than its peers.
Nine Energy Service peers beat Nine Energy Service on 7 of the 10 factors compared.
Nine Energy Service Company Profile
Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. It offers cementing services, which consist of blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides a portfolio of completion tools, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, frac plugs, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool in lengths of up to 30,000 feet. Nine Energy Service, Inc. operates 47 wireline pumpdown units and 14 coiled tubing units. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.
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