| (USD) | Jun 2023 | Q/Q |
|---|---|---|
| Revenue | 945.1MM | +1% |
| Gross Profit | 268.8MM | +3% |
| Cost Of Revenue | 676.3MM | +0% |
| Operating Income | 154.5MM | -3% |
| Operating Expenses | 114.2MM | - |
| Net Income | 150.1MM | -41% |
| G&A | 39.7MM | +0% |
| Amortization | 63.5MM | +8% |
| Interest Expense | 7.3MM | +18% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
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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.
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:
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.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
NexTier and Patterson-UTI saw massive increases in income for the second quarter of 2023 ahead of their merger, while they expect rig counts to reach a trough in the coming quarter.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) ("Patterson-UTI") and NexTier Oilfield Solutions Inc. (NYSE:NEX) ("NexTier") today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), in connection with the previously announced all-stock merger of equals transaction.
Although the revenue and EPS for NexTier Oilfield Solutions (NEX) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
NexTier Oilfield Solutions (NEX) delivered earnings and revenue surprises of -1.45% and 0.38%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported second quarter 2023 financial and operational results.
Core Laboratories (CLB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.