Nextier Oilfield Solutions Inc
F:9KG
Net Margin
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
Peer Comparison
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
N
|
Nextier Oilfield Solutions Inc
F:9KG
|
2.2B EUR |
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|
|
| US |
|
Schlumberger NV
NYSE:SLB
|
75.2B USD |
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|
|
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
57.6B USD |
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|
|
| US |
|
Halliburton Co
NYSE:HAL
|
29B USD |
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|
|
| LU |
|
Tenaris SA
MIL:TEN
|
20.4B EUR |
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|
|
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
23.2B USD |
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|
|
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
96.4B CNY |
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|
|
| CN |
|
Sinopec Oilfield Service Corp
SSE:600871
|
55.9B CNY |
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|
|
| UK |
|
Subsea 7 SA
OSE:SUBC
|
73B NOK |
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|
|
| IT |
|
Saipem SpA
MIL:SPM
|
6.2B EUR |
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|
|
| FR |
|
Technip Energies NV
PAR:TE
|
5.8B EUR |
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|
Market Distribution
| Min | -4 418 600% |
| 30th Percentile | -9.6% |
| Median | 3.1% |
| 70th Percentile | 11.3% |
| Max | 1 135 400% |
Other Profitability Ratios
Nextier Oilfield Solutions Inc
Glance View
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.
See Also
Net Margin is calculated by dividing the Net Income by the Revenue.
The current Net Margin for Nextier Oilfield Solutions Inc is 17.6%, which is above its 3-year median of 16.7%.
Over the last 3 years, Nextier Oilfield Solutions Inc’s Net Margin has increased from -14.7% to 17.6%. During this period, it reached a low of -41% on Mar 31, 2021 and a high of 17.6% on Jul 30, 2023.