Nine Energy Service Stock

Nine Energy Service Liabilities 2024

Nine Energy Service Liabilities

437.61 M USD

Ticker

NINE

ISIN

US65441V1017

WKN

A2JBN9

In 2024, Nine Energy Service's total liabilities amounted to 437.61 M USD, a -2.82% difference from the 450.3 M USD total liabilities in the previous year.

Nine Energy Service Aktienanalyse

What does Nine Energy Service do?

Nine Energy Service Inc. is a leading company in the oil and gas service industry. Headquartered in Houston, Texas, the company employs over 1,100 employees worldwide in 14 countries, including the USA, Canada, Norway, the UK, the Gulf region, Algeria, and Australia. The company's history began in 2011 with the founding of Nine Energy Service. The founders had a clear goal in mind: to create a company that revolutionizes the energy sector by offering innovative technologies and services. Nine Energy Service's business model focuses on providing services to optimize oil and gas drilling production, including inspection, maintenance, and repair. The company relies on innovative technologies to enhance the efficiency and safety of its services. Nine Energy Service offers a variety of services to support energy companies in their drilling projects. These include: - Comprehensive fracking and drilling solutions: Nine Energy Service offers holistic solutions for drilling and fracking projects. The services range from planning to execution. - Cementing: Cementing is a crucial component in the oil and gas industry. Nine Energy Service offers a variety of cementing services to ensure the integrity and safety of wells. - Fracking fluids and additives: Nine Energy Service manufactures a range of formulations for frac fluids and additives. - Wireline service: Nine Energy Service provides wireline services for drilling projects. This service is essential for obtaining real-time data about the wellbore. - Wellbore inspection: Nine Energy Service offers inspection services to assess the integrity of wells. - Stimulation: Nine Energy Service offers a variety of stimulation technologies to enhance drilling productivity. - Integrity service: Nine Energy Service provides a variety of integrity services to ensure the operational safety of wells. This includes services that help prevent environmental damage. Nine Energy Service maintains separate business units for aviation and drilling rigs, focusing on aircraft and drilling rig maintenance and repair. The company has completed several important partnerships and acquisitions to expand its offerings. In 2012, Nine Energy Service acquired wellbore integrity company Peak Pressure Control. In 2017, it acquired Magnum Oil Tools International. In the same year, it also entered into a strategic partnership with Caroil Group. Overall, Nine Energy Service has shown impressive growth and continuously expanded its services. The company has established itself as a leading provider of technology and service solutions for the oil and gas industry. Nine Energy Service aims to solidify and further expand its position as an innovation leader in the oil and gas industry. Nine Energy Service ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Nine Energy Service's Liabilities

Nine Energy Service's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Nine Energy Service's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Nine Energy Service's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Nine Energy Service's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Nine Energy Service’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Nine Energy Service stock

What is the level of liabilities of Nine Energy Service this year?

Nine Energy Service has a debt balance of 437.61 M USD this year.

What were the liabilities of Nine Energy Service compared to the previous year?

The liabilities of Nine Energy Service have increased by -2.82% dropped compared to the previous year.

What are the consequences of high debt for investors of Nine Energy Service?

High liabilities can pose a risk for investors of Nine Energy Service, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Nine Energy Service?

Low liabilities mean that Nine Energy Service has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Nine Energy Service affect the company?

An increase in liabilities of Nine Energy Service can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Nine Energy Service affect the company?

A decrease in the liabilities of Nine Energy Service can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Nine Energy Service?

Some factors that can influence the liabilities of Nine Energy Service include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Nine Energy Service so important for investors?

The liabilities of Nine Energy Service are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Nine Energy Service take to modify the liabilities?

To change its liabilities, Nine Energy Service can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Nine Energy Service pay?

Over the past 12 months, Nine Energy Service paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Nine Energy Service is expected to pay a dividend of 0 USD.

What is the dividend yield of Nine Energy Service?

The current dividend yield of Nine Energy Service is .

When does Nine Energy Service pay dividends?

Nine Energy Service pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Nine Energy Service?

Nine Energy Service paid dividends every year for the past 0 years.

What is the dividend of Nine Energy Service?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Nine Energy Service located?

Nine Energy Service is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Nine Energy Service kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nine Energy Service from 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did Nine Energy Service pay the last dividend?

The last dividend was paid out on 9/13/2024.

What was the dividend of Nine Energy Service in the year 2023?

In the year 2023, Nine Energy Service distributed 0 USD as dividends.

In which currency does Nine Energy Service pay out the dividend?

The dividends of Nine Energy Service are distributed in USD.

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Andere Kennzahlen von Nine Energy Service

Our stock analysis for Nine Energy Service Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nine Energy Service Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.