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Nextier Announces Third Quarter 2020 Financial And Operational Results
Nextier Announces Q2 Loss Per Share Of $0.37
Nextier Oilfield Solutions Reports Q1 Adjusted Loss Per Share $0.09
NexTier Oilfield Solutions Inc., formerly Keane Group, Inc., is provider of integrated well completion services in the United States, with a focus on demanding completion solutions. The Company’s segments include Completion Services, which comprises hydraulic fracturing and wireline divisions, and Other Services, which consists of coiled tubing, cementing and drilling divisions. It provides hydraulic fracturing and wireline services pursuant to contractual arrangements, such as term contracts and pricing agreements, or on a spot market basis. It provides certain complementary services such as coiled tubing, cementing and drilling pursuant to contractual arrangements, such as term contracts on a spot basis. Its primary services include horizontal and vertical fracturing, wireline perforation and logging and engineered solutions, as well as other value-added service offerings.
Oil Well Services & Equipment
3990 Rogerdale Rd
Independent Chairman of the Board
Robert W. Drummond
Chief Executive Officer, Director
Chief Financial Officer, Senior Vice President
Kevin M. McDonald
Executive Vice President, Chief Administrative Officer, General Counsel
Gregory L. Powell
Executive Vice President and Chief Integration Officer
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NexTier Oilfield Solutions <NEX.N> on Tuesday raised its fourth quarter earnings and revenue guidance, according to a presentation at a Miami energy conference.
The companies that provide sand for hydraulic fracturing operations are the latest casualties of shale industry cutbacks as low oil prices and demands for higher investor returns stunt drilling activity.
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