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NexTier Oilfield Solutions

DB:9KG
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9KG
DB
$301M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The last earnings update was 26 days ago. More info.


Add to Portfolio Compare Print
  • NexTier Oilfield Solutions has significant price volatility in the past 3 months.
9KG Share Price and Events
7 Day Returns
32.7%
DB:9KG
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-87.4%
DB:9KG
-57.2%
Europe Energy Services
-20.9%
DE Market
9KG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NexTier Oilfield Solutions (9KG) 32.7% -58% -76.4% -87.4% -91% -
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 9KG underperformed the Energy Services industry which returned -57.2% over the past year.
  • 9KG underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
9KG
Industry
5yr Volatility vs Market

Value

 Is NexTier Oilfield Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NexTier Oilfield Solutions to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NexTier Oilfield Solutions.

DB:9KG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:9KG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Energy Services Unlevered Beta Simply Wall St/ S&P Global 0.91
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.912 (1 + (1- 21%) (137.37%))
1.603
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.6
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.603 * 5.44%)
8.33%

Discounted Cash Flow Calculation for DB:9KG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NexTier Oilfield Solutions is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:9KG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.33%)
2020 141.60 Analyst x5 130.71
2021 171.53 Analyst x7 146.16
2022 181.00 Analyst x1 142.36
2023 187.06 Est @ 3.35% 135.81
2024 191.22 Est @ 2.22% 128.15
2025 193.97 Est @ 1.44% 120.00
2026 195.70 Est @ 0.89% 111.75
2027 196.69 Est @ 0.51% 103.68
2028 197.16 Est @ 0.24% 95.93
2029 197.26 Est @ 0.05% 88.60
Present value of next 10 years cash flows $1,203.00
DB:9KG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $197.26 × (1 + -0.39%) ÷ (8.33% – -0.39%)
$2,252.53
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $2,252.53 ÷ (1 + 8.33%)10
$1,011.73
DB:9KG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $1,203.00 + $1,011.73
$2,214.73
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,214.73 / 213.19
$10.39
DB:9KG Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:9KG represents 0.93617x of NYSE:NEX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93617x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 10.39 x 0.93617
€9.73
Value per share (EUR) From above. €9.73
Current discount Discount to share price of €1.32
= -1 x (€1.32 - €9.73) / €9.73
86.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price NexTier Oilfield Solutions is available for.
Intrinsic value
>50%
Share price is €1.32 vs Future cash flow value of €9.73
Current Discount Checks
For NexTier Oilfield Solutions to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • NexTier Oilfield Solutions's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • NexTier Oilfield Solutions's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NexTier Oilfield Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NexTier Oilfield Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:9KG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.86
NYSE:NEX Share Price ** NYSE (2020-04-06) in USD $1.41
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NexTier Oilfield Solutions.

DB:9KG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NEX Share Price ÷ EPS (both in USD)

= 1.41 ÷ -0.86

-1.63x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NexTier Oilfield Solutions is loss making, we can't compare its value to the Europe Energy Services industry average.
  • NexTier Oilfield Solutions is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does NexTier Oilfield Solutions's expected growth come at a high price?
Raw Data
DB:9KG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.63x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
-20.4%per year
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NexTier Oilfield Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NexTier Oilfield Solutions's assets?
Raw Data
DB:9KG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $4.17
NYSE:NEX Share Price * NYSE (2020-04-06) in USD $1.41
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:9KG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NEX Share Price ÷ Book Value per Share (both in USD)

= 1.41 ÷ 4.17

0.34x

* Primary Listing of NexTier Oilfield Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NexTier Oilfield Solutions is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess NexTier Oilfield Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. NexTier Oilfield Solutions has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is NexTier Oilfield Solutions expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-20.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NexTier Oilfield Solutions expected to grow at an attractive rate?
  • Unable to compare NexTier Oilfield Solutions's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare NexTier Oilfield Solutions's earnings growth to the Germany market average as it is expected to be loss making during the next 1-3 years.
  • NexTier Oilfield Solutions's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:9KG Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:9KG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts -20.4%
DB:9KG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 2.5%
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:9KG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:9KG Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 2,185 447 -106 4
2021-12-31 1,694 299 -218 13
2020-12-31 1,745 261 -225 11
2020-04-07
DB:9KG Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,822 305 -106
2019-09-30 1,780 325 -17
2019-06-30 1,895 349 10
2019-03-31 2,046 375 46
2018-12-31 2,137 350 59
2018-09-30 2,152 326 89
2018-06-30 2,070 261 63
2018-03-31 1,815 161 28
2017-12-31 1,542 80 -28
2017-09-30 1,192 1 -251
2017-06-30 831 -61 -255
2017-03-31 600 -65 -251

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NexTier Oilfield Solutions is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • NexTier Oilfield Solutions's revenue is expected to grow by 2.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:9KG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from NexTier Oilfield Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9KG Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 -0.50 -0.50 -0.50 1.00
2021-12-31 -1.04 -0.39 -1.67 6.00
2020-12-31 -1.09 -0.73 -1.46 6.00
2020-04-07
DB:9KG Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.86
2019-09-30 -0.16
2019-06-30 0.10
2019-03-31 0.43
2018-12-31 0.54
2018-09-30 0.80
2018-06-30 0.56
2018-03-31 0.26
2017-12-31 -0.27
2017-09-30 -2.51
2017-06-30 -2.71
2017-03-31 -2.76

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • NexTier Oilfield Solutions is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess NexTier Oilfield Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NexTier Oilfield Solutions has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has NexTier Oilfield Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NexTier Oilfield Solutions's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NexTier Oilfield Solutions does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare NexTier Oilfield Solutions's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NexTier Oilfield Solutions's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
NexTier Oilfield Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NexTier Oilfield Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:9KG Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 1,821.56 -106.16 119.88
2019-09-30 1,779.89 -17.10 110.04
2019-06-30 1,894.84 10.12 93.71
2019-03-31 2,045.64 45.77 104.77
2018-12-31 2,137.01 59.33 113.81
2018-09-30 2,151.95 89.23 103.61
2018-06-30 2,070.34 62.52 95.91
2018-03-31 1,814.94 27.87 85.72
2017-12-31 1,542.08 -28.22 84.85
2017-09-30 1,191.62 -251.34 37.76
2017-06-30 831.08 -255.40 26.36
2017-03-31 599.53 -251.42 27.78
2016-12-31 420.57 -187.09 31.76
2016-09-30 323.52 -25.73 52.92
2016-06-30 291.02 -43.67 48.98
2016-03-31 313.39 -54.15 38.05
2015-12-31 366.16 -64.64 22.58
2014-12-31 395.83 -45.59 25.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if NexTier Oilfield Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if NexTier Oilfield Solutions has efficiently used its assets last year compared to the Europe Energy Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if NexTier Oilfield Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NexTier Oilfield Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NexTier Oilfield Solutions has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is NexTier Oilfield Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NexTier Oilfield Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NexTier Oilfield Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NexTier Oilfield Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NexTier Oilfield Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NexTier Oilfield Solutions Company Filings, last reported 3 months ago.

DB:9KG Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 886.77 344.91 255.02
2019-09-30 472.00 346.99 157.03
2019-06-30 465.26 345.70 117.09
2019-03-31 468.98 342.54 83.75
2018-12-31 487.18 341.03 80.21
2018-09-30 512.58 341.06 82.85
2018-06-30 505.38 341.69 109.53
2018-03-31 510.97 274.71 95.91
2017-12-31 513.09 275.31 96.12
2017-09-30 464.95 276.71 71.73
2017-06-30 327.45 146.88 75.55
2017-03-31 336.38 147.14 85.80
2016-12-31 162.25 272.02 48.92
2016-09-30 200.14 272.62 62.38
2016-06-30 253.87 273.80 96.54
2016-03-31 80.16 217.22 53.42
2015-12-31 80.16 209.11 53.42
2014-12-31 146.64 210.23 52.21
  • NexTier Oilfield Solutions's level of debt (38.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (143.5% vs 38.9% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making NexTier Oilfield Solutions has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making NexTier Oilfield Solutions has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -55.2% per year.
X
Financial health checks
We assess NexTier Oilfield Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NexTier Oilfield Solutions has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is NexTier Oilfield Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NexTier Oilfield Solutions dividends. Estimated to be 0% next year.
If you bought €2,000 of NexTier Oilfield Solutions shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NexTier Oilfield Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NexTier Oilfield Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:9KG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:9KG Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31 0.00 3.00
2021-12-31 0.00 5.00
2020-12-31 0.00 5.00
2020-04-07

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NexTier Oilfield Solutions has not reported any payouts.
  • Unable to verify if NexTier Oilfield Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NexTier Oilfield Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NexTier Oilfield Solutions has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of NexTier Oilfield Solutions's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess NexTier Oilfield Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NexTier Oilfield Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NexTier Oilfield Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of NexTier Oilfield Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Robert Drummond
COMPENSATION $7,764,703
AGE 58
TENURE AS CEO 1.7 years
CEO Bio

Mr. Robert Wayne Drummond, Jr. has been the Chief Executive Officer and Director of NexTier Oilfield Solutions Inc. since August 6, 2018. Mr. Drummond is the President at NexTier Oilfield Solutions Inc. since October 2019. Mr. Drummond served as a Director of Key Energy Services, Inc. since November 23, 2015 until August 20, 2018. He was the Chief Executive Officer of Key Energy Services Inc. since December 31, 2016 until May 11, 2018. He served as President at Key Energy Services, Inc. until May 11, 2018. Mr. Drummond served as the Chief Operating Officer at Key Energy Services Inc. since June 22, 2015. He served as the President North America at Schlumberger Limited from January 2011 to June 2015. He served as President of North America Offshore & Alaska from May 2010 to December 2010. He served as Vice President and General Manager for the US Gulf of Mexico from May 2009 to May 2010; Vice President of Global Sales from July 2007 to April 2009; Vice President and General Manager for US Land from February 2004 to June 2007; Wireline Operations Manager from October 2003 to January 2004; Vice President and General Manager for Atlantic and Eastern Canada from July 2000 to September 2003; and Oilfield Services Sales Manager from January 1998 to June 2000. Mr. Drummond is a member of the Society of Petroleum Engineers and served as a Director of the National Ocean Industries Association. He has been Supervisory Director at Frank's International N.V. since May 19, 2017. Mr. Drummond began his career in 1984 with Schlumberger. He serves on the Board of Directors for the Petroleum Equipment Suppliers Association and the Houston Offshore Energy Center. Formerly, he served on the Board of Directors for the Greater Houston Partnership and on the Board of Trustees for the Hibernia Platform Employees Organization †Newfoundland; and as an advisory board member for each of the University of Houston Global Energy Management Institute, the Texas Tech University Petroleum Engineers and Memorial University's Oil and Gas Development Partnership. Mr. Drummond received his Bachelors of Science in Mineral/Petroleum Engineering from the University of Alabama in 1983.

CEO Compensation
  • Insufficient data for Robert to compare compensation growth.
  • Robert's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the NexTier Oilfield Solutions management team in years:

0.5
Average Tenure
52.5
Average Age
  • The average tenure for the NexTier Oilfield Solutions management team is less than 2 years, this suggests a new team.
Management Team

Robert Drummond

TITLE
CEO, President & Director
COMPENSATION
$8M
AGE
58
TENURE
1.7 yrs

Kevin McDonald

TITLE
Executive VP
COMPENSATION
$2M
AGE
52
TENURE
0.5 yrs

Greg Powell

TITLE
Executive VP & Chief Integration Officer
COMPENSATION
$5M
AGE
44
TENURE
0.5 yrs

Kenny Pucheu

TITLE
Senior VP & CFO
TENURE
0.3 yrs

Ian Henkes

TITLE
Senior Vice President of Operations
COMPENSATION
$1M
AGE
47
TENURE
0.1 yrs

Phung Ngo-Burns

TITLE
Chief Accounting Officer & Treasury
AGE
53
TENURE
0.1 yrs

Daniel Jenkins

TITLE
Vice President of Investor Relations

John Lewis

TITLE
Vice President of Health
TENURE
1.2 yrs

Billy Driver

TITLE
Senior Vice President of Product Lines
AGE
53
TENURE
0.5 yrs
Board of Directors Tenure

Average tenure and age of the NexTier Oilfield Solutions board of directors in years:

0.5
Average Tenure
60
Average Age
  • The average tenure for the NexTier Oilfield Solutions board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Murray

TITLE
Chairman
AGE
76
TENURE
0.5 yrs

Robert Drummond

TITLE
CEO, President & Director
COMPENSATION
$8M
AGE
58
TENURE
1.7 yrs

Marc G. Edwards

TITLE
Lead Director
COMPENSATION
$265K
AGE
58

Gary Halverson

TITLE
Independent Director
COMPENSATION
$240K
AGE
60
TENURE
3.6 yrs

Steve Mueller

TITLE
Director
AGE
66
TENURE
0.5 yrs

Michael Roemer

TITLE
Director
AGE
60
TENURE
0.5 yrs

James Stewart

TITLE
Non-Employee Director
COMPENSATION
$6M
AGE
56

Scott Wille

TITLE
Director
COMPENSATION
$88K
AGE
38
TENURE
9.1 yrs

Mel Riggs

TITLE
Independent Director
AGE
64
TENURE
0.5 yrs

Stu Brightman

TITLE
Director
AGE
63
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess NexTier Oilfield Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NexTier Oilfield Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. The company’s Completion Services segment offers hydraulic fracturing services to enhance production of oil and natural gas from formations with low permeability and restricted flow of hydrocarbons; wireline services; and perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services. As of December 31, 2019, it had approximately 45 hydraulic fracturing fleets, 118 wireline trucks, and 80 pumpdown units. The company’s Well Construction and Intervention Services segment provides cementing services that incorporate custom engineered mixing and blending equipment to ensure precision and accuracy in providing annulus isolation and hydraulic seal, while protecting fresh water zones from our customers’ zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers’ wells. It also offers coiled tubing services to help customers in accomplishing various goals in their horizontal completion, workover, and well maintenance projects. As of December 31, 2019, this segment had approximately 25 coiled tubing units and 101 cementing units. The company serves integrated and large independent oil and natural gas exploration and production companies in the United States and internationally. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas.

Details
Name: NexTier Oilfield Solutions Inc.
9KG
Exchange: DB
Founded: 1973
$277,967,335
213,193,419
Website: http://nextierofs.com
Address: NexTier Oilfield Solutions Inc.
3990 Rogerdale Road,
Houston,
Texas, 77042,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NEX New Common Stock New York Stock Exchange US USD 20. Jan 2017
DB 9KG New Common Stock Deutsche Boerse AG DE EUR 20. Jan 2017
Number of employees
Current staff
Staff numbers
6,525
NexTier Oilfield Solutions employees.
Industry
Oil and Gas Equipment and Services
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 01:23
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/04/06
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.