
Nine Energy Service Inc., founded in 2011 and headquartered in Houston, Texas, is a leading provider of completions and production solutions to onshore oil and natural gas exploration and production companies in the United States. The company specializes in hydraulic fracturing services and other critical well completion services designed to optimize the productive capacity of oil and gas wells.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
NINE 13.00% 2028-02-01 USDNine Energy Service Inc | United States | 2028-02-01 | 13.000 | 52.70 |
NINE 13.00% 2028-02-01 USDNine Energy Service Inc | United States | 2028-02-01 | 13.000 | 0.00 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Nine Energy Service has navigated the bond market strategically, issuing its first bonds in 2017 to support growth initiatives and operational expansions. Notably, in 2020, the company issued $150 million in senior unsecured notes, reflecting investor confidence despite market volatility. Currently, its bonds yield around 7%, aligning closely with industry averages while providing investors an attractive risk-adjusted return. Recent news includes the restructuring of its debt to strengthen its balance sheet, a move that reinforces its commitment to operational excellence and financial stability amid fluctuating oil prices.