NexTier Oilfield Solutions Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Robert Wayne Drummond Jr.
- Full Time Employees
- 4,302
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Address
- 3990 Rogerdale Road Houston TX United States of America 77042
- IPO Date
- Jan 20, 2017
- CIK
- 0001688476
- Website
- nextierofs.com
- Similar Companies
- Business
- NexTier Oilfield Solutions Inc. NexTier Oilfield Solutions Inc. provides integrated well completion and production services to oil and natural gas exploration and production companies in active U.S. basins including the Bakken, Rockies, West Texas, Mid-Continent, South Texas, Arklatex, and Northeast; its Completion Services segment delivers hydraulic fracturing fleets with significant dual-fuel capability, wireline perforating, pumpdown, pipe recovery, pressure pumping, wellsite makeup and testing, sand hauling, wellsite storage, and last-mile logistics; the Well Construction and Intervention Services segment offers engineered cementing with custom mixing equipment for zonal isolation, remedial cementing software and guidance, acidizing, and coiled tubing for horizontal completions, workovers, and maintenance. Founded in 1973 and headquartered in Houston, Texas, the company emphasizes digital operations via NexHub for streamlined frac execution, data insights, natural gas-powered equipment, ESG performance, and reservoir optimization to enhance customer ROI and reduce carbon footprints. In September 2023, NexTier completed its all-stock merger of equals with Patterson-UTI Energy Inc. Patterson-UTI Energy, Inc., creating a $5.4 billion enterprise with combined drilling and completions leadership, 45 active frac spreads, 3.3 million hydraulic fracturing horsepower, expanded operational synergies projected at $200 million annually, and the NexTier Completions brand retained for well services under the enlarged platform serving integrated and independent E&P firms across major U.S. basins.
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