SCOOP and STACK Operator to Release 1Q Earnings

One of the operators in Oklahoma’s STACK and SCOOP plays, Nine Energy Service Inc. plans to release its first quarter 2018 earnings on Monday, May 14.

The company will hold a 10 a.m. Central Time conference call after releasing the results of the quarter ending March 31.

Headquartered in Houston, Nine Energy also has operations in the Permian, Eagle Ford, Niobrara, Barnett, Bakken, Marcellus and Utica plays.

The company reported fourth quarter 2017 revenues of $154.3 million and a net loss of $29.8 million. The fourth quarter earnings were 93 percent higher than the fourth quarter of 2016.

For the year 2017, the company reported revenues of $543.7 million, representing a 93 percent increase over 2016.