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Nine Energy Service (NINE) guidance and outlook

Nine Energy Service's 10-Q filed Nov 9, 2026 makes 9 forward-looking statements.

Guidance and outlook

Forward-looking statements, 10-Q filed Nov 9, 2026

• (either individually or together with its subsidiaries, as the context requires, the “Company,” “Nine,” “we,” “us,” and “our”) is a leading completion services provider that targets unconventional oil and gas resource development.
• Based on current market conditions, we expect the improvement in U.S. activity levels to continue into the fourth quarter of 2026, with our cementing business positioned to benefit from sustained customer demand.
• The pace of customer activity, the timing of the unit’s return, and the mix of product and service activity will continue to influence our near-term performance.
• Based on these factors, we currently expect fourth quarter revenue to be flat but profitability to be modestly higher compared to the third quarter of 2026 due to a shift in revenue to our higher margin cementing and international tools business.
• We expect that U.S. activity levels will be impacted by commodity prices and many of the same factors expected to impact commodity prices, including the production of OPEC and other oil-exporting nations and governmental policies, such as tariffs.
• Furthermore, although as noted above, our customers’ activity and spending levels, and thus demand for our services and products, are strongly influenced by current and expected oil and natural gas prices, even with price improvements in oil and natural gas, operator activity may not materially increase, as operators remain focused on operating within their capital plans and uncertainty remains around supply and…
• For 2026, our planned capital expenditure budget, excluding possible acquisitions, is currently expected to be between $20.0 million to $30.0 million.
• We continually evaluate our capital expenditures, and the amount we ultimately spend will depend on a number of factors, including expected industry activity levels and company initiatives.
• However, we can make no assurance regarding our ability to achieve our forecasts, which are materially dependent on our improved financial performance and the ever-changing market.

Nine Energy Service's latest quarter

Questions

What does Nine Energy Service expect?

(either individually or together with its subsidiaries, as the context requires, the “Company,” “Nine,” “we,” “us,” and “our”) is a leading completion services provider that targets unconventional oil and gas resource development. Based on current market conditions, we expect the improvement in U.S. activity levels to continue into the fourth quarter of 2026, with our cementing business positioned to benefit from sustained customer demand. The pace of customer activity, the timing of the unit’s return, and the mix of product and service activity will continue to influence our near-term perform

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Updated Nov 10, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.