NEX's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.03 -- higher than just 0.82% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Nextier Oilfield Solutions Inc's sales and general administrative expense to its total operating expenses; only 12.79% of US stocks have a lower such ratio.
Over the past twelve months, NEX has reported earnings growth of -6,569.75%, putting it ahead of only 0.41% of US stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Nextier Oilfield Solutions Inc are WTTR, PIXY, CAMP, ACHC, and HP.
Keane Group, Inc. provides integrated well completion services in the United States. Its services include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions, as well as other value-added service offerings. The company was founded in 1973 and is based in Houston, Texas.
NEX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for NEX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Nextier Oilfield Solutions Inc ranked in the 33th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 55.83%. The most interesting components of our discounted cash flow analysis for Nextier Oilfield Solutions Inc ended up being:
The company's balance sheet shows it gets 68% of its capital from equity, and 32% of its capital from debt. Its equity weight surpasses that of 70.12% of free cash flow generating stocks in the Energy sector.
Nextier Oilfield Solutions Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Nextier Oilfield Solutions Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -15.21. This coverage rate is greater than that of only 6.4% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NEX, try EQNR, FGPRQ, NOV, NNA, and RNET.
NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that members of its management team, including Robert Drummond, President and Chief Executive Officer of NexTier, and Kenny Pucheu, Executive Vice President and Chief Financial Officer, will virtually participate in the 2021 Goldman Sachs Global Energy Conference on Wednesday, January 6, 2021. The Company will participate in a panel discussion and host investor meetings. Please visit NexTier's Investor Relations website at https://investors.nextierofs.com for additional information.
In this article we will analyze whether NexTier Oilfield Solutions Inc. (NYSE:NEX) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There’s no better way to get these firms’ immense resources and analytical capabilities working for us than to follow their […]
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