NexTier Oilfield Solutions (NEX) Misses Q3 EPS by 11c
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NexTier Announces Third Quarter 2020 Financial and Operational Results
November 3, 2020 4:30 PM ESTHOUSTON, Nov. 3, 2020 /PRNewswire/ -- NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today reported third quarter 2020 financial and operational results.Â
Third Quarter 2020 Results and Recent Highlights
Generated total revenue of $163.7 million in Q3 2020, compared to $196.2 million in Q2 2020 Reported fracturing and bundled wireline revenue of $141.3 million in Q3 2020, compared to $169.5 million in Q2 2020 Reported net loss of $102.4 million in Q3 2020, compared to net loss of $112.5 million in Q2 2020 Reported SG&A of $25.5 million in Q3 2020, reflecting a decrease of 33% versus Q2... More