Nextier Story

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NEX -- USA Stock  

USD 4.95  0.27  5.77%

Nextier Oilfield Cash and Equivalents Turnover is fairly stable at the moment as compared to the past year. Nextier Oilfield reported Cash and Equivalents Turnover of 10.59 in 2020. Revenue to Assets is likely to rise to 0.82 in 2021, whereas Net Income Per Employee is likely to drop 2,283 in 2021. While some baby boomers are getting worried about energy space, it is reasonable to break down Nextier Oilfield Solutions. We will evaluate if Nextier Oilfield shares are reasonably priced going into March. Here I will also expose some primary fundamental factors affecting Nextier Oilfield's services, and outline how it will impact the outlook for investors this year.
Published over two weeks ago
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Nextier Oilfield (NYSE:NEX) continues to rise
The company reported the last year's revenue of 1.52 B. Reported Net Loss for the year was (369.6 M) with profit before taxes, overhead, and interest of 417.62 M.

How important is Nextier Oilfield's Liquidity

Nextier Oilfield financial leverage refers to using borrowed capital as a funding source to finance Nextier Oilfield Solutions ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Nextier Oilfield financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Nextier Oilfield's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Nextier Oilfield, but it might be worth checking our own buy vs. sell analysis

Exercise or conversion by Richard Vaclavik of 18905 shares of Nextier Oilfield subject to Rule 16b-3

Legal trades by Nextier Oilfield insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Nextier insider trading alert for exercise of restricted stock units by Richard Vaclavik, SVP & CCO, on 12th of January 2021. This event was filed by Nextier Oilfield Solution with SEC on 2021-01-12. Statement of changes in beneficial ownership - SEC Form 4. Richard Vaclavik currently serves as senior vice president and chief commercial officer of Nextier Oilfield Sol [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking down the case for Nextier Oilfield

Nextier Oilfield Solutions holds a total of 214.36 Million outstanding shares. The majority of Nextier Oilfield outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Nextier Oilfield Solutions to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Nextier Oilfield Sol. Please pay attention to any change in the institutional holdings of Nextier Oilfield as this could imply that something significant has changed or about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.

Ownership Breakdown

Retail Investors
8.05%
Institutions
88.73%
Retail Investors8.05
Insiders3.22
Institutions88.73

Will Nextier Oilfield growth be viable after the rise?

Semi variance is down to 9.58. It may suggest a possible volatility slide. Nextier Oilfield Solutions shows above-average downside volatility for the selected time horizon. We advise investors to inspect Nextier Oilfield Solutions further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Nextier Oilfield future alpha.

Our Final Take On Nextier Oilfield

While some firms within the oil & gas equipment & services industry are still a little expensive, even after the recent corrections, Nextier Oilfield may offer a potential longer-term growth to investors. All things considered, as of the 15th of February 2021, our primary 30 days buy-or-sell advice on the company is Buy. We believe Nextier Oilfield is undervalued with below average chance of financial distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Nextier Oilfield Solutions. Please refer to our Terms of Use for any information regarding our disclosure principles.

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