Nextier Oilfield Solutions Inc. financial data

Industry
Oil & Gas Field Services, NEC
Location
3990 Rogerdale Rd., Houston, Texas
State of incorporation
Delaware
Fiscal year end
December 31
Former names
Keane Group, Inc. (to 10/22/2019)
Latest financial report
Q2 2023 - Jul 26, 2023

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 130 % +16.3%
Quick Ratio 10.6 % +19.6%
Debt-to-equity 111 % -32.9%
Return On Equity 69.9 % +806%
Return On Assets 33.2 % +1040%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 229 M shares -6.39%
Common Stock, Shares, Outstanding 229 M shares -5.57%
Entity Public Float 1.78 B USD +117%
Common Stock, Value, Issued 2.29 M USD -6.43%
Weighted Average Number of Shares Outstanding, Basic 229 M shares -6.12%
Weighted Average Number of Shares Outstanding, Diluted 233 M shares -7%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.65 B USD +53.2%
Cost of Revenue 2.67 B USD +37.2%
Research and Development Expense 3.6 M USD -28%
Costs and Expenses 3.09 B USD +33.3%
Operating Income (Loss) 560 M USD +766%
Nonoperating Income (Expense) -16.1 M USD +15.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 544 M USD +1090%
Income Tax Expense (Benefit) -97.7 M USD -6178%
Net Income (Loss) Attributable to Parent 642 M USD +1355%
Earnings Per Share, Basic 2.72 USD/shares +1332%
Earnings Per Share, Diluted 2.66 USD/shares +1378%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 310 M USD +96.1%
Inventory, Net 73.4 M USD +28.3%
Assets, Current 877 M USD +20.7%
Deferred Income Tax Assets, Net 113 M USD
Property, Plant and Equipment, Net 796 M USD +32%
Operating Lease, Right-of-Use Asset 29.2 M USD +68%
Intangible Assets, Net (Excluding Goodwill) 48.4 M USD -15.8%
Goodwill 193 M USD 0%
Other Assets, Noncurrent 13.7 M USD +25.2%
Assets 2.16 B USD +30.8%
Accounts Payable, Current 348 M USD +33.6%
Accrued Liabilities, Current 191 M USD -32.1%
Contract with Customer, Liability, Current 19.4 M USD -10%
Liabilities, Current 640 M USD +4.89%
Operating Lease, Liability, Noncurrent 17.9 M USD +43.4%
Other Liabilities, Noncurrent 14.5 M USD +57.1%
Liabilities 1.03 B USD +2.4%
Accumulated Other Comprehensive Income (Loss), Net of Tax 6.54 M USD +1091%
Retained Earnings (Accumulated Deficit) 178 M USD
Stockholders' Equity Attributable to Parent 1.13 B USD +75.3%
Liabilities and Equity 2.16 B USD +30.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 173 M USD +504%
Net Cash Provided by (Used in) Financing Activities -76.3 M USD -497%
Net Cash Provided by (Used in) Investing Activities -96.9 M USD -266%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 229 M shares -6.39%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 108 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 310 M USD +96.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.69 M USD -18.7%
Deferred Tax Assets, Valuation Allowance 235 M USD -26.1%
Deferred Tax Assets, Gross 306 M USD -20.7%
Operating Lease, Liability 19.4 M USD -30.6%
Payments to Acquire Property, Plant, and Equipment 61 M USD +129%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 649 M USD +1127%
Lessee, Operating Lease, Liability, to be Paid 22.5 M USD -35.7%
Property, Plant and Equipment, Gross 1.66 B USD +8.73%
Operating Lease, Liability, Current 9.93 M USD +81.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 4.9 M USD -11.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 6.81 M USD -21.8%
Operating Lease, Weighted Average Discount Rate, Percent 0.06 pure -14.6%
Deferred Income Tax Expense (Benefit) -5.5 M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 3.14 M USD -55.8%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.81 M USD -19.6%
Deferred Tax Assets, Operating Loss Carryforwards 279 M USD -23.5%
Deferred Federal Income Tax Expense (Benefit) 10 K USD -81.8%
Current Income Tax Expense (Benefit) 4.55 M USD +180%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.12 M USD -27.8%
Operating Lease, Payments 7.41 M USD -48.9%
Current State and Local Tax Expense (Benefit) 4.55 M USD
Amortization of Intangible Assets 20.2 M USD +23.2%
Depreciation, Depletion and Amortization 58.6 M USD +6.31%
Deferred Tax Assets, Net of Valuation Allowance 70.6 M USD +4.77%
Share-based Payment Arrangement, Expense 36 M USD +13.8%
Deferred State and Local Income Tax Expense (Benefit) 1 K USD -87.5%
Interest Expense 27.2 M USD -7.57%