M&A - Nine Energy Service, Inc.

Form Type: 10-K

Filing Date: 2025-03-06

Corporate Action: Acquisition

Type: New

Accession Number: 000153228625000008

Filing Summary: Nine Energy Service, Inc. presents its annual report for the fiscal year ending December 31, 2024. The company, incorporated in Delaware, focuses on providing completion services for unconventional oil and gas resource development, primarily in North America but also internationally. Their business strategy involves partnering with exploration and production customers to design advanced downhole solutions. The company emphasizes the importance of technology and efficiency in their operations, particularly through high-intensity completion techniques that maximize resource extraction and reduce operational cycle times. Significant risks affecting the company include volatility in oil and gas prices, competition, inflation, and regulatory compliance. The report also mentions acquisitions, specifically the acquisition of FracTech and Scorpion, which are aimed at expanding their service capabilities.

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