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Nine Energy Service — Third Quarter 2026 Earnings Summary

Nine Energy Service reported third-quarter 2026 revenues of $142.0 million, a net loss of $5.1 million, and adjusted EBITDA of $8.3 million. Cementing revenue increased by 11% sequentially, while Coiled Tubing operations faced constraints due to a large-diameter unit remaining out of service. The company's total liquidity stood at $46.0 million as of September 30, 2026, comprising $16.1 million in cash and $29.9 million in availability under its revolving credit facility. Management expects fourth-quarter revenue to remain flat with modestly higher profitability driven by a shift toward higher-margin cementing and international tools businesses.

Company
NINE ENERGY SERVICE INC
Sector
Energy
Industry
Oil & Gas Equipment & Services