N

Nextier Oilfield Solutions Inc
F:9KG

Watchlist Manager
Nextier Oilfield Solutions Inc
F:9KG
Watchlist
Price: 9.74 EUR 1.52% Market Closed
Market Cap: €2.2B

Gross Margin

26.9%
Current
Improving
by 0.7%
vs 3-y average of 26.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
26.9%
=
Gross Profit
$981.8m
/
Revenue
$3.6B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
26.9%
=
Gross Profit
€981.8m
/
Revenue
$3.6B

Peer Comparison

Country Company Market Cap Gross
Margin
US
Nextier Oilfield Solutions Inc
F:9KG
2.2B EUR
Loading...
US
Schlumberger NV
NYSE:SLB
71.6B USD
Loading...
US
Baker Hughes Co
NASDAQ:BKR
60B USD
Loading...
US
Halliburton Co
NYSE:HAL
28.7B USD
Loading...
LU
Tenaris SA
MIL:TEN
23.9B EUR
Loading...
UK
TechnipFMC PLC
NYSE:FTI
26.4B USD
Loading...
CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
125.9B CNY
Loading...
CN
Sinopec Oilfield Service Corp
SSE:600871
75.1B CNY
Loading...
UK
Subsea 7 SA
OSE:SUBC
74.7B NOK
Loading...
CN
CNOOC Energy Technology & Services Ltd
SSE:600968
53B CNY
Loading...
IT
Saipem SpA
MIL:SPM
6.6B EUR
Loading...

Market Distribution

Lower than 72% of companies in the United States of America
Percentile
28th
Based on 12 729 companies
28th percentile
26.9%
Low
-24 813% — 28.9%
Typical Range
28.9% — 60.5%
High
60.5% — 10 905 714.3%
Distribution Statistics
the United States of America
Min -24 813%
30th Percentile 28.9%
Median 43%
70th Percentile 60.5%
Max 10 905 714.3%

Nextier Oilfield Solutions Inc
Glance View

Market Cap
2.2B EUR
Industry
N/A

NexTier Oilfield Solutions Inc., a notable player in the oilfield services industry, operates at the intersection of technology and energy, carving its niche in a highly competitive sector. Emerging from a strategic merger between Keane Group and C&J Energy Services in 2019, NexTier has swiftly positioned itself as a reliable partner for exploration and production companies, offering a diverse range of completion and production-related services to enhance oil and gas extraction efficiency. The company primarily focuses on well completion and hydraulic fracturing, employing advanced technologies and a robust logistics network to support its clients in maximizing production from their wells. From the dusty terrains of the Permian Basin to the robust oil sands of North Dakota, NexTier plays a pivotal role in powering America's energy independence storyline. Fueling its revenue engine, NexTier generates income through the provision of specialized equipment and expertise that empower oilfield operators to boost well productivity and optimize extraction processes. The company's operational model is rooted in a customer-centric approach, tailoring its vast service and product arsenal to meet the unique demands of each project. It leverages a combination of drilling technologies, pressure pumping services, and chemical solutions to ensure every barrel of oil is produced with maximum efficiency and minimal environmental footprint. Through strategic investments in research and development, NexTier continually hones its fracking techniques, reducing costs and enhancing recovery rates. This commitment not only solidifies its market position but also strengthens its relationships with clients seeking dependable partners in the volatile energy market landscape.

9KG Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
26.9%
=
Gross Profit
$981.8m
/
Revenue
$3.6B
What is Nextier Oilfield Solutions Inc's current Gross Margin?

The current Gross Margin for Nextier Oilfield Solutions Inc is 26.9%, which is above its 3-year median of 26.2%.

How has Gross Margin changed over time?

Over the last 3 years, Nextier Oilfield Solutions Inc’s Gross Margin has increased from 20.2% to 26.9%. During this period, it reached a low of 7.8% on Jun 30, 2021 and a high of 26.9% on Jun 30, 2023.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett