Curtis Harrell - Nine Energy Independent Director

NINE Stock  USD 1.26  0.08  6.78%   

Director

Mr. Curtis F. Harrell is Independent Director of the company since February 28, 2017. He has served as a Director of the Company since the consummation of the merger of Beckman Production Services, Inc. with and into the Company on February 28, 2017. Mr. Harrell currently serves as President and Chief Executive Officer of Citation Oil Gas Corporationration, one of the largest privatelyheld independent oil gas acquisition, development and production companies in the United States since 2017.
Age 57
Tenure 7 years
Address 2001 Kirby Drive, Houston, TX, United States, 77019
Phone281 730 5100
Webhttps://nineenergyservice.com
Harrell joined Citation in 2002 where he took on the position of Executive Vice President and Chief Financial Officer. In 2004, Mr. Harrell was promoted to President, Chief Operating and Financial Officer and in 2008, Mr. Harrell was named President and Chief Executive Officer. He served as Executive Vice President and Chief Financial Officer of Brigham Exploration Company from 1998 to 2002. From 1996 to 1998, Mr. Harrell served as Executive Vice President and Partner at R. Chaney & Company, Inc., where he managed R. Chaney & Company, Inc.’s investment origination efforts in the U.S., focusing on investments in corporate equity securities of energy companies in the exploration and production and oilfield service industry segments. From 1994 to 1996, Mr. Harrell served as Director of Domestic Corporationrationrationrate Finance for Enron Capital & Trade Resources, Inc

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.
Nine Energy Service currently holds 366.32 M in liabilities. Nine Energy Service has a current ratio of 1.81, which is within standard range for the sector. Note, when we think about Nine Energy's use of debt, we should always consider it together with its cash and equity.

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Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas. Nine Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 944 people. Nine Energy Service (NINE) is traded on New York Stock Exchange in USA. It is located in 2001 Kirby Drive, Houston, TX, United States, 77019 and employs 1,157 people. Nine Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

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
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.

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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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
(1.20)
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.