Post Tagged with: "NexTier Oilfield Solutions"

Patterson-UTI Energy and NexTier Oilfield Solutions to combine in merger of equals, creating industry leading drilling and completions services provider

Patterson-UTI Energy and NexTier Oilfield Solutions to combine in merger of equals, creating industry leading drilling and completions services provider

Oil and Gas 360


Comprehensive U.S. Oilfield Services Franchise to Enhance Drilling and Completions Value Creation Potential and Maximize Returns for Shareholders

Combined $5.4 Billion Total Enterprise Value

Drives Improved Free Cash Flow Generation and Strong Balance Sheet to Deliver

Source: World Oil

NexTier stock jumps as frac demand swells revenue

World Oil


HOUSTON (Bloomberg) –NexTier Oilfield Solutions Inc. soared more than 20% after the frac provider disclosed higher-than-expected quarterly sales, signaling an acceleration in U.S. shale drilling.

The Houston-based provider of pumps that blast water, sand and chemicals underground to …

Source: Reuters

Oil billionaire Dan Wilks bulks up stake in NexTier Oilfield Solutions

Reuters


Billionaire oilman Dan Wilks increased his stake in NexTier Oilfield Solutions, according to a regulatory filing on Thursday, his latest purchase in the hard-hit oilfield services industry.

Oilfield equipment and service companies were among the worst performing sector of …