CSIMarket


Nextier Oilfield Solutions Inc   (NEX)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy


 

Nextier Oilfield Solutions Inc

NEX's Financial Statements and Analysis



Nextier Oilfield Solutions Inc reported in the second quarter of 2023 net earnings per share of $0.64 an increase by 137.04 % year on year from $0.27 and decline of -40.19 % from $1.07 earned in I. Quarter (Mar 31 2023).


second quarter of 2023
Earnings Per Share Revenues
$ 0.64 $  945 Mill
$+0.37     +137.04 % $+102M     +12.12 %



Nextier Oilfield Solutions Inc 's Revenue rose by 12.12 % in second quarter of 2023 (Jun 30 2023) year on year, to $945 million and advanced by 1.01 % sequentially.


Nextier Oilfield Solutions Inc is

More on NEX's Income Statement



Nextier Oilfield Solutions Inc 's net income of $150.064 million in the second quarter of 2023 increased by 119.21 % from net earnings of $68.458 million achieved in II. Quarter a year ago.

Sequentially net earnings fell by -40.92 % from net income of $253.993 million realized in previous quarter.

More on NEX's Growth

Nextier Oilfield Solutions Inc Inventories
Inventories grew by 28.28 % to $73 million from II. Quarter a year ago, sequentially inventories rose by 10.8 %. NEX's Cash flow In the second quarter of 2023 company's net cash flow was $92 million, capital expenditures fell by -55.185125.00%, to $-124 millions compare to same quarter a year ago

More on NEX's Cash flow Statement


Nextier Oilfield Solutions Inc does not pay out common stock dividend.

In trailing twelve-month period Nextier Oilfield Solutions Inc earned $ 3.03 cash per share, on a free-cash flow basis 116.16 % of net earning per share.

Book value grew by 16.17 % sequentially to $4.84 per share, 86.96% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 3.81 per share from $ 3.15.

Company repurchased 3.85 million shares or 1.62 % in Jun 30 2023.
Interest Coverage Ratio was 21.02. Debt Coverage Ratio was 1.59.

More on NEX's Dividends

 Market Capitalization (Millions) 2,474
 Shares Outstanding (Millions) 233
 Total Debt (Millions $) 355
 Revenue (TTM) (Millions $) 3,648
 Net Income (TTM) (Millions $) 642
 Cash Flow (TTM) (Millions $) 152
 Capital Exp. (TTM) (Millions $) -324
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Nextier Oilfield Solutions Inc does not pay out common stock dividend.

In trailing twelve-month period Nextier Oilfield Solutions Inc had $ 3.03 cash flow per share, on a free-cash flow basis 116.16 % of net earning per share.

Book value grew by 16.17 % sequentially to $4.84 per share, 86.96% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 3.81 per share from $ 3.15.

Company repurchased 3.85 million shares or 1.62 % in Jun 30 2023.
Interest Coverage Ratio was 21.02. Debt Coverage Ratio was 1.59.

More on NEX's Balance Sheets

 Market Capitalization (Millions) 2,474
 Shares Outstanding (Millions) 233
 Total Debt (Millions $) 355
 Revenue (TTM) (Millions $) 3,648
 Net Income (TTM) (Millions $) 642
 Cash Flow (TTM) (Millions $) 152
 Capital Exp. (TTM) (Millions $) -324
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Nextier Oilfield Solutions Inc Earnings

Stellar Earnings Surge Powers Remarkable Double-Digit Revenue Leap for Nextier Oilfield Solutions Inc

As a stock market journalist, I have been analyzing the financial results of Nextier Oilfield S...


Date modified: 2023-07-27T18:53:00+00:00





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com