Quarterly earnings report coming next week from Nine Energy Service

 

With operations in Oklahoma’s SCOOP and STACK plays, Nine Energy Service, Inc. is about to release its second quarter 2018 earnings report.

The results will be made known before a conference call to be held Monday, Aug. 13 at 10 a.m. central time. In May, the Houston based company reported nearly $174 million in revenue, $1.7 million in net income and adjusted earnings of more than $24 million.

The first quarter 2018 revenue was up 13% while the adjusted earnings rose 29% over the fourth quarter of 2017.

The STACK and the SCOOP aren’t the only target areas of Nine Energy’s efforts. It has operations in the Permian, Eagle Ford, Niobrara, Barnett, Bakken, Marcellus, Utica and throughout Canada.

 

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