David Crombie - Nine Energy President
| NINE Stock | USD 1.19 0.04 3.25% |
President
Mr. David Crombie is Chief Operating Officer, Executive Vice President of the company. Prior to serving in this position, Mr. Crombie served as President, US Wireline and Cementing and was an EVP of the Company from December 2013 to February 2017 since 2019.
| Age | 50 |
| Tenure | 5 years |
| Address | 2001 Kirby Drive, Houston, TX, United States, 77019 |
| Phone | 281 730 5100 |
| Web | https://nineenergyservice.com |
David Crombie Latest Insider Activity
Tracking and analyzing the buying and selling activities of David Crombie against Nine Energy stock is an integral part of due diligence when investing in Nine Energy. David Crombie insider activity provides valuable insight into whether Nine Energy is net buyers or sellers over its current business cycle. Note, Nine Energy insiders must abide by specific rules, including filing SEC forms every time they buy or sell Nine Energy'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
David Crombie over three months ago Disposition of 63107 shares by David Crombie of Nine Energy at 4.32 subject to Rule 16b-3 | ||
David Crombie over three months ago Disposition of 7063 shares by David Crombie of Nine Energy at 1.974 subject to Rule 16b-3 | ||
David Crombie over three months ago Disposition of 21371 shares by David Crombie of Nine Energy at 1.43 subject to Rule 16b-3 | ||
David Crombie over three months ago Disposition of 21796 shares by David Crombie of Nine Energy at 1.952 subject to Rule 16b-3 |
Nine Energy Management Efficiency
The company has return on total asset (ROA) of 0.0141 % which means that it generated a profit of $0.0141 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.8338) %, meaning that it created substantial loss on money invested by shareholders. Nine Energy's management efficiency ratios could be used to measure how well Nine Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, Nine Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Nine Energy's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 5.7 M, whereas Other Assets are forecasted to decline to 0.95.Similar Executives
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Management Performance
| Return On Equity | -5.83 | ||||
| Return On Asset | 0.0141 |
Nine Energy Service Leadership Team
Elected by the shareholders, the Nine Energy's board of directors comprises two types of representatives: Nine Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nine. The board's role is to monitor Nine Energy's management team and ensure that shareholders' interests are well served. Nine Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nine Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Brett Luz, Chief Officer | ||
| David Crombie, Executive Vice President and President Completion Solutions | ||
| Andrew Waite, Independent Director | ||
| Curtis Harrell, Independent Director | ||
| Ernie Danner, Independent Chairman of the Board | ||
| Jeff Hyre, President Wireline | ||
| Guy Sirkes, Chief Financial Officer, Senior Vice President | ||
| Edward Morgan, President Production Solutions | ||
| Brett CPA, Senior Officer | ||
| Theodore JD, General VP | ||
| Nick Pottmeyer, President Tools | ||
| Scott Schwinger, Independent Director | ||
| David Baldwin, Independent Director | ||
| Darryl Willis, Independent Director | ||
| Heather Schmidt, Investor Development | ||
| Gary Thomas, Independent Director | ||
| Ann Fox, President, Chief Executive Officer, Director | ||
| James Holley, Chief Officer | ||
| Theodore Moore, Senior Vice President, General Counsel, Secretary | ||
| Joe Huwel, President Tubing | ||
| Mark Baldwin, Independent Director |
Nine Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nine Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -5.83 | ||||
| Return On Asset | 0.0141 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 392.58 M | ||||
| Shares Outstanding | 42.36 M | ||||
| Shares Owned By Insiders | 30.80 % | ||||
| Shares Owned By Institutions | 43.00 % | ||||
| Number Of Shares Shorted | 3.77 M | ||||
| Price To Earning | 15.87 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nine Energy Service is a strong investment it is important to analyze Nine Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nine Energy's future performance. For an informed investment choice regarding Nine Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.19) | Revenue Per Share 15.637 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0141 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.