Houston’s Nine Energy Service, Inc. plans to release its fourth quarter earnings report on Monday, March 8.
During the 9 a.m. Central Time conference call, management will discuss the financial and operating results for the quarter and for the full year ended Dec. 31, 2020.
The company reported a net loss of $18.5 million at the end of the third quarter along with revenues of nearly $50 million and adjusted EBITDA of $11.1 million. The adjusted net loss was $33.8 million or $1.13 adjusted basic loss per share.
Nine Energy, an oilfield services company with operations throughout Oklahoma’s SCOOP and STACK plays as well as in the Permian, Eagle Ford and Canada managed to reduce its debt during the quarter.
Source: BusinessWire