Name | Value |
---|---|
Revenues | 161.4M |
Cost of Revenue | 137.8M |
Gross Profit | 23.7M |
Operating Expense | 14.2M |
Operating I/L | 9.3M |
Other Income/Expense | -12.5M |
Interest Income | 0.3M |
Pretax | -3.2M |
Income Tax Expense | -0.7M |
Net Income/Loss | -2.5M |
Nine Energy Service, Inc. is an onshore completion services provider specializing in unconventional oil and gas resource development. The company offers cementing services, completion tools, wireline services, and coiled tubing services. Its cementing services involve blending high-grade cement and water with additives to create a cement slurry for wellbore sealing. The completion tools include liner hangers, fracture isolation packers, and specialty open hole float equipment. Additionally, the company provides wireline services for plug-and-perf completions and coiled tubing services for wellbore intervention operations. Nine Energy Service, Inc. focuses on generating revenue through the provision of these specialized services to the oil and gas industry.