Nextier Oilfield Solutions Stock Fundamentals

NEXDelisted Stock  USD 11.35  0.32  2.90%   
Nextier Oilfield Solutions fundamentals help investors to digest information that contributes to Nextier Oilfield's financial success or failures. It also enables traders to predict the movement of Nextier Stock. The fundamental analysis module provides a way to measure Nextier Oilfield's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nextier Oilfield stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nextier Oilfield Solutions Company Return On Equity Analysis

Nextier Oilfield's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Nextier Oilfield Return On Equity

    
  0.72  
Most of Nextier Oilfield's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nextier Oilfield Solutions is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Nextier Oilfield Solutions has a Return On Equity of 0.7238. This is 136.56% lower than that of the Energy Equipment & Services sector and 104.15% lower than that of the Energy industry. The return on equity for all United States stocks is notably lower than that of the firm.

Nextier Oilfield Sol Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Nextier Oilfield's current stock value. Our valuation model uses many indicators to compare Nextier Oilfield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nextier Oilfield competition to find correlations between indicators driving Nextier Oilfield's intrinsic value. More Info.
Nextier Oilfield Solutions is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about  0.27  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nextier Oilfield Solutions is roughly  3.74 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nextier Oilfield's earnings, one of the primary drivers of an investment's value.

Nextier Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nextier Oilfield's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nextier Oilfield could also be used in its relative valuation, which is a method of valuing Nextier Oilfield by comparing valuation metrics of similar companies.
Nextier Oilfield is currently under evaluation in return on equity category among its peers.

Nextier Fundamentals

About Nextier Oilfield Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nextier Oilfield Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextier Oilfield using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextier Oilfield Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
NexTier Oilfield Solutions Inc., through its subsidiaries, provides well completion and production services in various active and demanding basins. NexTier Oilfield Solutions Inc. was founded in 1973 and is headquartered in Houston, Texas. Nextier Oilfield operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 3340 people.

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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Other Consideration for investing in Nextier Stock

If you are still planning to invest in Nextier Oilfield Sol check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextier Oilfield's history and understand the potential risks before investing.
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
CEOs Directory
Screen CEOs from public companies around the world
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals