NexTier Oilfield Solutions (NEX) and The Competition Critical Analysis

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 compare to its rivals? We will compare NexTier Oilfield Solutions to similar companies based on the strength of its risk, analyst recommendations, institutional ownership, dividends, earnings, profitability and valuation.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Risk and Volatility

NexTier Oilfield Solutions has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500. Comparatively, NexTier Oilfield Solutions’ rivals have a beta of 1.91, suggesting that their average share price is 91% more volatile than the S&P 500.

Profitability

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 0.53% 7.21% 3.25%
NexTier Oilfield Solutions Competitors -6.21% -12.62% 1.39%

Valuation and Earnings

This table compares NexTier Oilfield Solutions and its rivals gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
NexTier Oilfield Solutions $2.14 billion $59.33 million 5.84
NexTier Oilfield Solutions Competitors $3.79 billion $274.40 million 8.34

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.

Insider and Institutional Ownership

90.1% of NexTier Oilfield Solutions shares are owned by institutional investors. Comparatively, 62.8% of shares of all “Oil & gas field services, not elsewhere classified” companies are owned by institutional investors. 0.5% of NexTier Oilfield Solutions shares are owned by company insiders. Comparatively, 9.7% 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, hedge funds and endowments believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for NexTier Oilfield Solutions and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
NexTier Oilfield Solutions 0 0 0 0 N/A
NexTier Oilfield Solutions Competitors 475 1819 2283 99 2.43

As a group, “Oil & gas field services, not elsewhere classified” companies have a potential upside of 85.49%. Given NexTier Oilfield Solutions’ rivals higher probable upside, analysts plainly believe NexTier Oilfield Solutions has less favorable growth aspects than its rivals.

Summary

NexTier Oilfield Solutions rivals beat NexTier Oilfield Solutions on 6 of the 10 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.

Leave a Reply

Your email address will not be published. Required fields are marked *

*