Nine Energy Service Inc. Financial Overview

Nine Energy Service Inc., a Houston-based company specializing in oil-field services, operates within the Energy Equipment & Services sector. The company is listed on the New York Stock Exchange and focuses on providing on-shore completion and production services, including cementing, stimulating, isolating, and drilling. These services cater to the oil and gas exploration and production sector in North America. Nine Energy Service Inc. went public with an Initial Public Offering (IPO) on January 19, 2018.

As of June 11, 2025, the company’s close price was $0.589, marking a significant decline from its 52-week high of $2.02 on July 24, 2024. The 52-week low was recorded at $0.44 on June 1, 2025. The market capitalization stands at $24,397,051 USD.

Recent Developments in the Energy Sector

While Nine Energy Service Inc. itself has not been the subject of recent news, the broader energy sector has seen notable developments. For instance, Nine Mile Metals, a separate entity, has secured a C$40,000 grant for its California Lake East project. Additionally, Nine Mile Metals has expanded its technical advisory expertise by adding Mike Dufresne to its team.

In related news, SLAM Exploration Ltd. announced the successful closing of a non-brokered flow-through private placement, raising $350,000. This funding will support the exploration and advancement of the company’s projects in New Brunswick. The placement involved the issuance of 10,000,000 Flow Through Units, each comprising one common share and one-half common share purchase warrant. The net proceeds will be directed towards Canadian Exploration Expenses, qualifying under the Income Tax Act (Canada).

These developments highlight ongoing activities and investments within the energy sector, reflecting both challenges and opportunities for companies like Nine Energy Service Inc. as they navigate the evolving landscape of energy exploration and production.