NexTier Oilfield Solutions (NEX) Misses Q2 EPS by 4c

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Go back to NexTier Oilfield Solutions (NEX) Misses Q2 EPS by 4c

NexTier Announces Second Quarter 2021 Financial and Operational Results

August 4, 2021 4:16 PM EDT

HOUSTON, Aug. 4, 2021 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported second quarter 2021 financial and operational results. 

Second Quarter 2021 Results & Recent Highlights

Generated total revenue of $292.1 million in Q2 2021, reflecting an increase of 28% compared to Q1 2021 Reported fracturing and integrated wireline revenue of $239.2 million in Q2 2021, reflecting a sequential increase of 27% Reported net loss of $31.8 million in Q2 2021, compared to net loss of $54.5 million in the prior quarter Reported SG&A of $20.7 million in Q2 2021, reflecting an... More