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Major Stakeholder Cashes Out Big on Nine Energy Service Stock!

Major Stakeholder Cashes Out Big on Nine Energy Service Stock!

New insider activity at Nine Energy Service ( (NINE) ) has taken place on August 22, 2025.

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Significant shareholder William Monroe has divested 750,000 shares of Nine Energy Service stock, amounting to a transaction value of $682,500.

Recent Updates on NINE stock

In the last 24 hours, Nine Energy Service reported its Q2 2025 earnings, revealing a revenue of $147.3 million, which was at the upper end of its guidance range despite challenging market conditions like declining rig counts and pricing pressures. The company faced a net loss of $10.4 million but saw growth in Completion Tool and Wireline revenues by 9% and 11% respectively, driven by international sales. However, declines in cementing and coiled tubing revenues, along with a decrease in oil prices, have posed challenges. Looking forward, Nine Energy Service anticipates a decline in Q3 revenue and EBITDA due to ongoing market challenges but remains focused on international expansion and cost management. Additionally, changes in the board of directors and potential NYSE delisting have been noted as significant developments affecting investor sentiment.

Spark’s Take on NINE Stock

According to Spark, TipRanks’ AI Analyst, NINE is a Neutral.

The overall stock score reflects significant financial challenges, including negative profitability and high leverage. Technical indicators suggest a bearish trend, and valuation metrics are unfavorable due to ongoing losses. While there are some positive developments in international sales, the overall outlook remains cautious.

To see Spark’s full report on NINE stock, click here.

More about Nine Energy Service

YTD Price Performance: -52.60%

Average Trading Volume: 3,317,680

Technical Sentiment Signal: Sell

Current Market Cap: $25.11M

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