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Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. It offers cementing services, which consist of blending high-grade cement and water with various solid and liquid additives to create a cement slurry that is pumped between the casing and the wellbore of the well. The company also provides a portfolio of completion tools, such as liner hangers and accessories, fracture isolation packers, frac sleeves, stage one prep tools, frac plugs, casing flotation tools, specialty open hole float equipment, disk subs, composite cement retainers, and centralizers that provide pinpoint frac sleeve system technologies. In addition, it offers wireline services consisting of plug-and-perf completions, which is a multistage well completion technique for cased-hole wells that consists of deploying perforating guns and isolation tools to a specified depth; and coiled tubing services, which perform wellbore intervention operations utilizing a continuous steel pipe that is transported to the wellsite wound on a large spool in lengths of up to 30,000 feet. The company was formerly known as NSC-Tripoint, Inc. and changed its name to Nine Energy Service, Inc. in October 2011. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas.

Nine Energy Service Dividend Announcement

• Nine Energy Service does not currently offer dividends, we're keeping a close eye on its growth potential and financial developments.
• Stay tuned for updates on Nine Energy Service dividend policy and future announcements. In the meantime, explore other dividend-yielding opportunities on our website.

Nine Energy Service Dividend History

Nine Energy Service Dividend Yield

Nine Energy Service current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Nine Energy Service stock? Use our calculator to estimate your expected dividend yield:

Nine Energy Service Financial Ratios

P/E ratio-1.38
PEG ratio-0.02
P/B ratio-1.02
ROE91.38%
Payout ratio0.00%
Current ratio2.46
Quick ratio1.59
Cash Ratio0.24

Nine Energy Service Dividend FAQ

Does Nine Energy Service stock pay dividends?
Nine Energy Service does not currently pay dividends to its shareholders.
Has Nine Energy Service ever paid a dividend?
No, Nine Energy Service has no a history of paying dividends to its shareholders. Nine Energy Service is not known for its dividend payments.
Why doesn't Nine Energy Service pay dividends?
There are several potential reasons why Nine Energy Service would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Nine Energy Service ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Nine Energy Service has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Nine Energy Service a dividend aristocrat?
Nine Energy Service is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nine Energy Service a dividend king?
Nine Energy Service is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nine Energy Service a dividend stock?
No, Nine Energy Service is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Nine Energy Service stocks?
To buy Nine Energy Service you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Nine Energy Service stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.