Nine Energy Service, Inc. NINE

What this company does

Nine Energy Service, Inc. provides completion services targeting unconventional oil and gas resource development across North American basins and abroad. It partners with its exploration and production customers to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. From January 2018 through December 2025, it completed approximately 30,300 cementing jobs, with an on-time rate of approximately 89%. From January 2018 through December 2025, it completed approximately 221,200 wireline stages with a success rate of over 99%. It operates in all major onshore basins in the U.S., including the Permian Basin, Marcellus and Utica Shales, Eagle Ford Shale, DJ Basin, SCOOP/STACK Formation, Bakken Formation, and Haynesville Formation as well as the Western Canada Sedimentary Basin in Canada. For the year ended December 31, 2025, its top five customers collectively accounted for approximately 24% of its revenues. As of December 31, 2025, it had 1,072 employees, all of which were full-time. Nine Energy Service, Inc. was formed in February 2013 through a combination of three service companies owned by SCF Partners, L.P. or its affiliates.

Written from the business description in Nine Energy Service, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.