Nine Energy Service, Inc. (NINE)
Energy
- Fundamental
- 2
- Sentiment
- 2
- Technical
- 1
Do Nothing: fundamentalScore 2 and qualitativeScore 2 are both below the required floor of 3; this strategy requires both scores at or above 3 before any bullish entry.
Company overview
Nine Energy Service, Inc., based in Houston, Texas, provides onshore well completion solutions, focusing on unconventional oil and gas resources in North America and globally. The company's services include cementing, completion tools, wireline, and coiled tubing services, essential for well integrity and intervention.
Fundamental
weakNine Energy's fundamentals are weak, with ongoing losses and a high-risk turnaround post-bankruptcy.
Nine Energy recently emerged from Chapter 11 and reset its capital structure under fresh-start accounting, but the operating business is still loss-making and historically cash-flow negative. Valuation looks cheap on headline multiples, yet the recovery is uncertain and metrics are distorted by reorganization effects. Fundamental stance: weak/turnaround with elevated risk (score 2).
Sentiment
weakSentiment is bearish following a Q2 earnings miss and ongoing operational challenges.
The near-term narrative is dominated by the announced Q2 2026 earnings release (2026-08-05), with third-party coverage framing it as a profit miss/net loss and EBITDA below expectations (bearish, still digesting). The 30–90d sentiment delta is indeterminate due to a baseline-news timeout and sparse baseline coverage, retail chatter is absent, and no regulator-confirmed investigations were found.
Technical
very weakThe technical structure is broken, with no bullish momentum or liquidity support.
Score 1: broken post-gap structure. Price is below SMA20/50/200, EMA9/21, WMA9/21, and daily VWAP; MACD is negative and below signal, RSI is weak at 41.47, ADX 28.73 shows downside trend strength, and the biggest recent volume hit on the selloff rather than the bounce.
You’re looking at 2026-08-07 — about 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
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Not financial advice. For informational and educational purposes only.