Nine Energy Service, Inc. Provides Earnings Guidance for the Second Quarter of 2022 and Provides Outlook for the Remainder of 2022 and 2023
May 05, 2022 at 02:30 am IST
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Nine Energy Service, Inc. provided earnings guidance for the second quarter of 2022 and provided outlook for the remainder of 2022 and 2023. The company anticipates revenue and adjusted EBITDA to improve sequentially for second quarter.
The outlook for the remainder of 2022 and 2023 continues to be very positive.
Nine Energy Service, Inc. is an oilfield services company that offers completion solutions within North America and abroad. The Company partner with its exploration and production (E&P) customers to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. The Company provide its comprehensive completion solutions across a diverse set of well-types, including on the complex, technically demanding unconventional wells. It offers variety of completion applications and technologies to match customer needs across the broadest addressable completions market. Its comprehensive well solutions range from cementing the well at the initial stages of the completion, preparing the well for stimulation, isolating all the stages of an extended reach lateral, and the drilling out of isolation tools. The Company provides services integral to the completion of unconventional wells through a range of tools and methodologies.