NINE - NINE ENERGY SRVC （）

HOUSTON--(BUSINESS WIRE)--Nine Energy Service Announces Timing of Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

In the last trading session, 2.06 million shares of the Nine Energy Service Inc. (NYSE:NINE) were traded, and its beta was 3.46. Most recently the company’s share price was $16.35, and it changed around $0.16 or 0.99% from the last close, which brings the market valuation of the company to $537.92M. NINE currently trades at … Why Nine Energy Service Inc. (NYSE: NINE) Stock Should Not Be Discarded By Investors In 2023 Read More »

Nine Energy Service''s rapid rise has mirrored the de-risking in the credit market which no longer prices the company for bankruptcy. Here''s my take on NINE stock.

U.S. stocks traded lower midway through trading, with the Nasdaq Composite shedding more than 100 points on Thursday. The Dow traded down 1.21% to 32,866.56 while the NASDAQ fell 1.20% to 10,332.92. The S&P 500 also fell, dropping, 1.15% to 3,808.78. Check This Out: 5 Tech Stocks That Are Flying - And May Collapse Leading and Lagging Sectors Energy shares gained by 1.2% on Thursday. Meanwhile, top gainers in the sector included Nine Energy Service, Inc. (NYSE: NINE ), up 4%, and Nine Energy Service, Inc. (NYSE: BATL ), up 5%. In trading on Thursday, real estate shares dropped by 2.7%. Top Headline Stocks of crude oil in the US rose by 1.694 million barrels in the week ended December, the EIA said. Equities Trading UP ABVC BioPharma, Inc. (NASDAQ: ABVC ) shares shot up 89% to $1.17 after the company announced the FDA approved its IND submission, allowing the company to proceed with the clinical study of ABV-1519 for the treatment of non-small cell lung cancer. Shares of NovoCure Limited (NASDAQ: NVCR ) got a boost, shooting 60% to $112.54 after the company announced the LUNAR study met its primary endpoint, demonstrating a statistically significant and clinically meaningful improvement in overall survival over standard therapies alone.

Shares of Nine Energy (NYSE:NINE), an oilfield services provider that offers completion services to E&P (oil and gas exploration and production) co…

According to Benzinga Pro, during Q3, Nine Energy Service (NYSE: NINE ) earned $14.29 million, a 1560.74% increase from the preceding quarter. Nine Energy Service also posted a total of $167.43 million in sales, a 17.62% increase since Q2. In Q2, Nine Energy Service brought in $142.35 million in sales but lost $978 thousand in earnings. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher … Full story available on Benzinga.com

U.S. stocks traded slightly higher this morning, with the Dow Jones gaining more than 30 points on Tuesday. The blue-chip index dropped around 500 points on Monday. Following the market opening Tuesday, the Dow traded up 0.11% to 33,886.06 while the NASDAQ rose 0.32% to 11,084.58. The S&P 500 also rose, gaining, 0.26% to 3,974.32. Also check this: Celularity, Moleculin Biotech And 2 Other Penny Stocks Insiders Are Aggressively Buying Leading and Lagging Sectors Energy shares rose by 1.6% on Tuesday. Leading the sector was strength from Nine Energy Service, Inc. (NYSE: NINE ) and CONSOL Energy Inc. (NYSE: CEIX ). In trading on Tuesday, utilities shares fell by 0.8%. Top Headline The S&P CoreLogic Case-Shiller 20-city home price index rose by 10.4% from a year ago in September. Equities Trading UP Apollo Endosurgery, Inc. (NASDAQ: APEN ) shares shot up 65% to $9.90 after the company announced it will be acquired by Boston Scientific for $10 per share in cash. Shares of Bilibili Inc. (NASDAQ: BILI ) got a boost, shooting 24% to $15.57 after the company reported better-than-expected Q3 adjusted EPS and sales results.

Nine Energy Service''s (NYSE: NINE ) short percent of float has fallen 4.3% since its last report. The company recently reported that it has 2.07 million shares sold short , which is 11.57% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.2 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of … Full story available on Benzinga.com

U.S. stocks closed lower on Monday, with the Nasdaq dropping more than 100 points. Here is the list of some big stocks recording losses in the previous session. Grindr Inc. (NYSE: GRND ) shares dipped 46% to close at $19.71. Grindr shares jumped around 214% on Friday after the stock began trading following the completion of its combination with Tiga Acquisition Corp. Satixfy Communications Ltd. (NYSE: SATX ) dropped 27.3% to close at $31.15 amid possible profit taking after the stock experienced a surge last week. Acrivon Therapeutics, Inc. (NASDAQ: ACRV ) dropped 20.7% to close at $12.51. Acrivon Therapeutics recently announced pricing of initial public offering. Entrada Therapeutics, Inc. (NASDAQ: TRDA ) fell 19.3% to close at $14.42. Entrada Therapeutics recently posted a Q3 loss of $0.80 per share. Nine Energy Service, Inc. (NYSE: NINE ) dropped 17.9% to close at $8.43. Marathon Digital Holdings, Inc. (NASDAQ: MARA ) fell 17.1% to close at … Full story available on Benzinga.com

Warren Lynn Frazier , 10% Owner at Nine Energy Service (NYSE: NINE ), reported a large insider sell on November 15, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Frazier sold 100,000 shares of Nine Energy Service . The total transaction amounted to $943,551. Nine Energy Service shares are trading down 1.01% at $9.83 at the time of this writing on Wednesday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Why Insider Transactions Are Important Insider transactions shouldn''t be used … Full story available on Benzinga.com

U.S. stocks traded lower this morning, with the Dow Jones dropping around 80 points on Tuesday. Following the market opening Tuesday, the Dow traded down 0.24% to 32,653.67 while the NASDAQ fell 0.24% to 10,961.44. The S&P 500 also fell, dropping, 0.16% to 3,865.82. Also check this: Investor Optimism Drops Slightly Despite Dow Recording Best Month Since 1976 Leading and Lagging Sectors Energy shares climbed 1.1% on Tuesday. Leading the sector was strength from Global Partners LP (NYSE: GLP ) and Nine Energy Service, Inc. (NYSE: NINE ). In trading on Tuesday, information technology shares fell by 0.7%. Top Headline Pfizer Inc. (NYSE: PFE ) posted upbeat results for its third quarter on Tuesday. Pfizer reported Q3 adjusted EPS of $1.78, up 40% Y/Y, well ahead of the consensus of $1.47. The company achieved revenues of $22.64 billion, down 6%, beating the Wall Street estimate of $21.37 billion. Pfizer revised FY22 sales of $99.5 billion - $102 billion versus the consensus of $99.6 billion and the prior guidance of $98-$102 billion.

U.S. stocks traded lower toward the end of trading, with the S&P 500 dropping around 0.5% on Monday. The Dow traded down 0.17% to 32,807.16 while the NASDAQ fell 0.80% to 11,013.89. The S&P 500 also fell, dropping, 0.51% to 3,881.18. Also check this: Grainger To Surge Over 11%? Plus This Analyst Predicts $230 For Caterpillar Leading and Lagging Sectors Energy shares climbed 0.9% on Monday. Leading the sector was strength from Global Partners LP (NYSE: GLP ) and Nine Energy Service, Inc. (NYSE: NINE ). In trading on Monday, communication services shares fell by 1.6%. Top Headline ON Semiconductor Corporation (NASDAQ: ON ) posted upbeat results for its third quarter on Monday. ON Semiconductor reported third-quarter FY22 revenue growth of 26% year-on-year to $2.19 billion, beating the consensus of $2.12 billion. Non-GAAP EPS of $1.45 beat the consensus of $1.32. ON Semiconductor sees Q4 revenue of $2.01 billion - $2.14 billion, versus the consensus of $2.10 billion. It expects non-GAAP EPS of $1.18 - $1.34 versus the consensus of $1.25.

U.S. stocks traded lower midway through trading, with the Nasdaq Composite dropping more than 100 points on Monday. The Dow traded down 0.36% to 32,743.52 while the NASDAQ fell 1.21% to 10,967.56. The S&P 500 also fell, dropping, 0.67% to 3,874.79. Also check this: Grainger To Surge Over 11%? Plus This Analyst Predicts $230 For Caterpillar Leading and Lagging Sectors Energy shares climbed 1.9% on Monday. Leading the sector was strength from KLX Energy Services Holdings, Inc. (NASDAQ: KLXE ) and Nine Energy Service, Inc. (NYSE: NINE ). In trading on Monday, communication services shares fell by 1.8%. Top Headline The Chicago PMI fell to 45.2 for October from 45.7 in September. Equities Trading UP 1847 Holdings LLC (NASDAQ: EFSH ) shares shot up 66% to $3.1107 after the company reported it sees over $60 million in revenue and over $7 million in cash flow from operations in 2023 from its existing portfolio. Shares of Hoth Therapeutics, Inc. (NASDAQ: HOTH ) got a boost, shooting 31% to $7.

U.S. stocks traded higher toward the end of trading, with the Dow Jones jumping around 950 points on Thursday. The Dow traded up 3.27% to 30,164.64 while the NASDAQ rose 2.61% to 10,688.73. The S&P 500 also rose, gaining, 3% to 3,684.45. Also check this: Volatility In Markets Edges Lower Following PPI Data Leading and Lagging Sectors Energy shares jumped by 4.4% on Thursday. Leading the sector was strength from Nine Energy Service, Inc. (NYSE: NINE ) and Core Laboratories N.V. (NYSE: CLB ). In trading on Thursday, consumer discretionary shares rose by just 1.2%. Top Headline The annual inflation rate in the US eased for the third straight month to 8.2% in September, the lowest in seven months, down from 8.3% in the previous month. However, analysts were expecting a reading of 8.1%. Equities Trading UP Laser Photonics Corporation (NASDAQ: LASE ) shares shot up 41% to $4.13 after the company announced the Coca-Cola Company recently completed the implementation of its first CleanTech Handheld Laser Blasting system in its manufacturing facilities.

Nine Energy Service is continuing to implement net price increases. Read more to know why I rate NINE stock as a speculative buy.