Nine Energy Service Stock

Nine Energy Service P/E 2024

Nine Energy Service P/E

-1.05

Ticker

NINE

ISIN

US65441V1017

WKN

A2JBN9

As of Sep 13, 2024, Nine Energy Service's P/E ratio was -1.05, a -67.39% change from the -3.22 P/E ratio recorded in the previous year.

The Nine Energy Service P/E history

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.

P/E Details

Deciphering Nine Energy Service's P/E Ratio

The Price to Earnings (P/E) Ratio of Nine Energy Service is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Nine Energy Service's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Nine Energy Service is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Nine Energy Service’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Nine Energy Service stock

What is the price-to-earnings ratio of Nine Energy Service?

The price-earnings ratio of Nine Energy Service is currently -1.05.

How has the price-earnings ratio of Nine Energy Service changed compared to last year?

The price-to-earnings ratio of Nine Energy Service has increased by -67.39% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Nine Energy Service high compared to other companies?

Yes, the price-to-earnings ratio of Nine Energy Service is high compared to other companies.

How does an increase in the price-earnings ratio of Nine Energy Service affect the company?

An increase in the price-earnings ratio of Nine Energy Service would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Nine Energy Service affect the company?

A decrease in the price-earnings ratio of Nine Energy Service would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Nine Energy Service?

Some factors that influence the price-earnings ratio of Nine Energy Service are the company's growth, financial position, industry development, and the overall economic situation.

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.