Overview

* Nine Energy Q3 revenue of $132 mln, below guidance range due to rig declines and pricing pressure

* Company completed landmark cementing job in Haynesville Basin

* International revenue for first nine months of 2025 increased ~19% compared to 2024

Outlook

* Company expects Q4 revenue and earnings to decline compared to Q3

* Nine Energy maintains full-year 2025 capital expenditures guidance at $15 to $25 mln

* Company anticipates typical Q4 seasonality impacts on activity

Result Drivers

* RIG DECLINES - Significant rig declines and pricing pressure impacted revenue, particularly in the Permian Basin

* COMPLETION TOOLS - Market share losses in Completion Tools Division due to customer consolidation and changes in completion designs

* CEMENTING JOB - Completed landmark cementing job in Haynesville Basin, showcasing technological capabilities

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $132.02

Revenue mln

Q3 Net -$14.64

Income mln

Q3 Capex $3.50

mln

Q3 Gross $11.90

Profit mln

Q3 -$1.16

Income mln

from

Operatio

ns

Q3 -$14.59

Pretax mln

Profit

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)