NexTier Announces Timing of Second Quarter 2023 Earnings Release and Conference Call

$NEX
Oilfield Services/Equipment
Energy
Get the next $NEX alert in real time by email

HOUSTON, June 27, 2023 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier" or the "Company") today announced that it will release its second quarter 2023 financial and operating results after market close on Tuesday, July 25, 2023. This release will be followed by a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Wednesday, July 26, 2023. Hosting the call will be Robert Drummond, President and Chief Executive Officer and Kenneth Pucheu, Executive Vice President and Chief Financial Officer.

The call can be accessed via a live webcast accessible on the IR Event Calendar page in the Investor Relations section of our website at www.nextierofs.com, or live over the telephone by dialing (855) 560-2574, or for international callers, (412) 542-4160 and referencing NexTier Oilfield Solutions. A replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers, (412) 317-0088. The passcode for the replay is 6236648. The replay will be available until August 2, 2023. An archive of the webcast will be available shortly after the call on our website at www.nextierofs.com for twelve months following the call.

About NexTier Oilfield Solutions

Headquartered in Houston, Texas, NexTier is an industry-leading U.S. land oilfield service company, with a diverse set of well completion and production services across the most active and demanding basins. Our integrated solutions approach delivers efficiency today, and our ongoing commitment to innovation helps our customers better address what is coming next. NexTier is differentiated through four points of distinction, including safety performance, efficiency, partnership and innovation. At NexTier, we believe in living our core values from the basin to the boardroom, and helping customers win by safely unlocking affordable, reliable and plentiful sources of energy.

Investor Contact:

Kenneth Pucheu

Executive Vice President - Chief Financial Officer

Michael Sabella

Vice President Investor Relations and Business Development

michael.sabella@nextierofs.com

NexTier Oilfield Solutions Logo (PRNewsfoto/NexTier Oilfield Solutions)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/nextier-announces-timing-of-second-quarter-2023-earnings-release-and-conference-call-301865195.html

SOURCE NexTier Oilfield Solutions

Get the next $NEX alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$NEX

DatePrice TargetRatingAnalyst
6/16/2023$9.50 → $9.75Buy → Neutral
Citigroup
4/18/2023$8.50Neutral → Underperform
BofA Securities
12/9/2022$19.00Strong Buy
Raymond James
10/7/2022$12.00Overweight
Piper Sandler
9/26/2022$13.00Overweight → Equal-Weight
Morgan Stanley
7/15/2022$12.50 → $9.50Buy → Neutral
BofA Securities
3/4/2022$7.70 → $9.00Neutral
Susquehanna
2/28/2022$7.00 → $8.00Overweight
Morgan Stanley
More analyst ratings

$NEX
Press Releases

Fastest customizable press release news feed in the world

See more
  • Shareholders of Patterson-UTI Energy and NexTier Oilfield Solutions Approve Merger of Equals

    HOUSTON, TX / ACCESSWIRE / August 30, 2023 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI") and NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier") today announced that, at separate special meetings held earlier today, both companies' shareholders voted in favor of all proposals necessary for the closing of the previously announced all-stock merger of equals transaction.Andy Hendricks, Chief Executive Officer of Patterson-UTI, commented, "We are pleased with the overwhelming support of shareholders for our pending transaction with NexTier. Today's shareholder approval is an important milestone in the process of bringing together our complementary organizations. We look forward

    $NEX
    $PTEN
    Oilfield Services/Equipment
    Energy
    Oil & Gas Production
  • Goosehead Insurance and Jackson Financial Set to Join S&P SmallCap 600

    NEW YORK, Aug. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 1: Goosehead Insurance Inc. (NASD: GSHD) will replace NuVasive Inc. (NASD: NUVA) in the S&P SmallCap 600. S&P MidCap 400 constituent Globus Medical Inc. (NYSE:GMED) is acquiring NuVasive in a deal expected to close soon pending final conditions.Jackson Financial Inc. (NYSE:JXN) will replace NexTier Oilfield Solutions Inc. (NYSE:NEX) in the S&P SmallCap 600. S&P SmallCap 600 constituent Patterson-UTI Energy Inc. (NASD: PTEN) is acquiring NexTier Oilfield Solutions in a deal expected to close soon pending final cond

    $GMED
    $GSHD
    $JXN
    $NEX
    Medical/Dental Instruments
    Health Care
    Specialty Insurers
    Finance
  • Surge Energy America and NexTier Oilfield Solutions Announce Record-Breaking Completion Efficiency and Emissions Reductions Through Strong Partnership

    HOUSTON, Aug. 17, 2023 /PRNewswire/ -- Surge Energy US Holdings Company ("Surge" or the "Company") announces jointly with NexTier Oilfield Solutions ("NexTier") record-breaking completion efficiency in the second quarter as well as emissions reductions. Surge has utilized a NexTier completion crew as the Company's dedicated crew since the fourth quarter of 2022.  In the second quarter of 2023, the NexTier crew set a Surge quarterly company record for the highest completed lateral feet per day at 2,733.  For the year the Company has achieved over 2,650 lateral feet per day average.  This efficiency results in reduced cycle times that accelerate wells online as well as substantial cost savings

    $NEX
    Oilfield Services/Equipment
    Energy

$NEX
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$NEX
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$NEX
Financials

Live finance-specific insights

See more
  • NexTier Announces Second Quarter 2023 Financial and Operational Results

    HOUSTON, July 25, 2023 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier" or the "Company") today reported second quarter 2023 financial and operational results. Shareholder return program Repurchased 2.3 million shares for $17.9 million in the second quarter of 2023Through Q2, repurchased a total of 19.7 million shares for $184.2 million, representing 8% of shares outstanding before the commencement of the program in October 2022Second Quarter 2023 Results and Recent Highlights  Total revenue of $945.1 million, a 1% sequential increaseNet income of $150.1 million, or $0.64 per diluted share, compared to $254.0 million, or $1.07 per diluted share in the prior quarter. Net

    $NEX
    Oilfield Services/Equipment
    Energy
  • NexTier Announces Timing of Second Quarter 2023 Earnings Release and Conference Call

    HOUSTON, June 27, 2023 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier" or the "Company") today announced that it will release its second quarter 2023 financial and operating results after market close on Tuesday, July 25, 2023. This release will be followed by a conference call at 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Wednesday, July 26, 2023. Hosting the call will be Robert Drummond, President and Chief Executive Officer and Kenneth Pucheu, Executive Vice President and Chief Financial Officer. The call can be accessed via a live webcast accessible on the IR Event Calendar page in the Investor Relations section of our website at www.nextierofs.com, or liv

    $NEX
    Oilfield Services/Equipment
    Energy
  • Patterson-UTI Energy and NexTier Oilfield Solutions to Combine in Merger of Equals, Creating Industry Leading Drilling and Completions Services Provider

    Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders Combined $5.4 Billion Total Enterprise Value Drives Improved Free Cash Flow Generation and Strong Balance Sheet to Deliver Long Term Value to Shareholders, Including Continued Commitment to Shareholder Return Program Expected to be Accretive to Earnings per Share and Free Cash Flow per Share in 2024  Expected to Generate Approximately $200 Million of Annual Cost Savings and Operational Synergies Within 18 Months Following Close Curtis Huff to Serve as Chair of the Board; Robert Drummond to Serve as Vice Chair of the Board; Andy Hendricks to Serve a

    $NEX
    $PTEN
    Oilfield Services/Equipment
    Energy
    Oil & Gas Production

$NEX
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more