NEXTIER OILFIELD SOLUTIONS INC.
Energy · Oil & Gas Field Services, NEC · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | |
|---|---|---|---|---|---|---|
| Revenue | $3.24B | $1.42B | $1.20B | $1.82B | $2.14B | $1.54B |
| Operating income | $332.7M | −$105.3M | −$331.3M | −$83.7M | $98.0M | $9.3M |
| Net income | $315.0M | −$119.4M | −$346.9M | −$106.2M | $59.3M | −$7.9M |
| Total assets | $1.73B | $1.46B | $1.16B | $1.66B | $1.05B | $1.04B |
| Total liabilities | $937.2M | $910.6M | $600.6M | $778.1M | $567.4M | $530.0M |
| Equity | $789.9M | $547.0M | $557.3M | $886.8M | $487.2M | $513.1M |
| EPS (diluted) | $1.26 | $-0.53 | $-1.62 | $-0.86 | $0.54 | $-0.34 |
| Shares out. | 243.8M | 215.2M | 213.2M | 104.4M | 112.2M | 103.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2022- Operating margin
- 10.3%
- Net margin
- 9.7%
- Return on equity
- 39.9%
- Return on assets
- 18.2%
- Return on capital (ROCE)
- 28.3%
- Liabilities / assets
- 54.3%
- Debt / equity
- 1.19×
- Book value / share
- $3.24
- Revenue growth (YoY)
- 128.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2022- Altman Z″ (distress)
- 2.41grey zone
- Accruals / assets
- −8.1%clean
- Beneish M-Score
- -2.33normal
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 warning● 5 good- Altman Z″ in the grey zone
- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Terminated a material agreement · Completed an acquisition or disposition · Delisting / listing-standard notice · Modified shareholder rights · Change in control · Director / officer change · Amended charter or bylawsSep 1, 2023
- Shareholder vote · Regulation FD disclosureAug 30, 2023
- Other material eventAug 18, 2023
- Entered a material agreement · Other material eventJul 28, 2023
- Results of operationsJul 25, 2023
- Entered a material agreement · Regulation FD disclosureJun 15, 2023
- Entered a material agreement · New financial obligation · Director / officer change · Shareholder voteJun 14, 2023
- Results of operationsApr 25, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.