NexTier Oilfield Solution...

NYSE: NEX · Real-Time Price · USD
10.61
0.10 (0.95%)
At close: Aug 31, 2023, 8:00 PM

Company Description

NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins.

The company operates through two segments, Completion Services, and Well Construction and Intervention Services.

The 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, 2021, it had approximately 2.1 million of fracturing hydraulic horsepower, 101 wireline trucks, and 76 pumpdown units.

The 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 its customers' zone of interest; and engineering software and technical guidance for remedial cementing applications, and acidizing to optimize the performance of its customers' wells.

This segment 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, 2021, it had approximately 17 coiled tubing units and 74 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.

NexTier Oilfield Solutions Inc.
NexTier Oilfield Solutions Inc. logo
Country United States
IPO Date Jan 20, 2017
Industry Oil & Gas Equipment & Services
Sector Energy
Employees 4,302
CEO Robert Wayne Drummond Jr.

Contact Details

Address:
3990 Rogerdale Road
Houston, Texas
United States
Website https://nextierofs.com

Stock Details

Ticker Symbol NEX
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001688476
CUSIP Number 65290C105
ISIN Number US65290C1053
Employer ID 00-0000000
SIC Code 1389

Key Executives

Name Position
Robert Wayne Drummond Jr. Pres, Chief Executive Officer, & Director
Kenneth H. Pucheu Executive Vice President & Chief Financial Officer
Matthew Gillard Executive Vice President & Chief Operating Officer
Matthew R. Gillard Executive Vice President & Chief Operating Officer
Ian R. Henkes Senior Vice President of Operations
John Lewis PMP Vice President of Health, Safety & Environmental Operations & Compliance
Kevin M. McDonald Executive Vice President, Chief Admin. Officer, Gen. Counsel & Sec.
Michael J. McKie Pres of Alamo Pressure Pumping
Michael James Sabella Vice President of Investor Relations & Bus. Devel.
Oladipo O. Iluyomade Vice President, Chief Accounting Officer & Treasurer
William D. Driver Senior Vice President of Product Lines

Latest SEC Filings

Date Type Title
Sep 12, 2023 15-12G Filing
Sep 05, 2023 4/A [Amend] Filing
Sep 01, 2023 8-K Current Report
Sep 01, 2023 POSASR Filing
Sep 01, 2023 POS AM Filing
Sep 01, 2023 S-8 POS Filing
Sep 01, 2023 S-8 POS Filing
Sep 01, 2023 S-8 POS Filing
Sep 01, 2023 S-8 POS Filing
Sep 01, 2023 S-8 POS Filing