Overview

* Nine Energy Q2 2025 revenue of $147.3 mln beats analyst expectations

* Company reports net loss of $10.4 mln amid US rig declines

* Completion Tool and Wireline revenues rise 9% and 11% QoQ

Outlook

* Nine Energy expects Q3 revenue and earnings to decline compared to Q2

* Company maintains full-year capex guidance at $15 mln to $25 mln

* Nine sees long-term positive outlook for natural gas

* Company plans to expand international tools business and improve operations

Result Drivers

* COMPLETION TOOL GROWTH - Completion Tool revenue increased by ~9% QoQ, driven by international sales and gas-levered basins

* WIRELINE REVENUE INCREASE - Wireline revenue rose by ~11% QoQ due to efficient operations and market share gains

* US RIG DECLINES - Significant rig declines and pricing pressures negatively impacted revenue and earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $147.25 $143.60

Revenue mln mln (1

Analyst)

Q2 Net -$10.39

Income mln

Q2 Capex $6.10

mln

Q2 Gross $17.30

Profit mln

Q2 $3.38

Income mln

from

Operatio

ns

Q2 -$10.84

Pretax mln

Profit

Analyst Coverage

* The one available analyst rating on the shares is "sell"

* The average consensus recommendation for the oil related services and equipment peer group is "buy."

* Wall Street's median 12-month price target for Nine Energy Service Inc ( NINE ) is $0.75, about 5% above its August 5 closing price of $0.71

Press Release:

(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.)