Financial Data and Key Metrics Changes - Revenue for Q2 2022 was $142.3 million, exceeding guidance of $130 million to $140 million, reflecting a 22% increase quarter-over-quarter [6][7] - Adjusted EBITDA was $18.9 million, a 55% increase quarter-over-quarter, with an adjusted EBITDA margin of 13% [6][15] - Net loss for the quarter was $1 million, with basic earnings per share at negative $0.03 [15] Business Line Data and Key Metrics Changes - Cementing service line revenue increased by approximately 22% quarter-over-quarter, totaling $55.2 million [10][19] - Completion tools revenue rose by approximately 15% quarter-over-quarter, driven by a 33% increase in Stinger dissolvable plugs sold [13][19] - Wireline revenue increased by approximately 23%, totaling $26.3 million, primarily due to market share gains and price increases [13][19] - Coiled tubing revenue increased by approximately 28%, driven by increased utilization and price increases [14][20] Market Data and Key Metrics Changes - Average frac crew count in Q2 was approximately 250, an 8% increase quarter-over-quarter [7] - EIA reported completions increased by approximately 3% and new wells drilled increased by approximately 15% [7] - Labor and supply chain bottlenecks remain significant issues, with an unemployment rate around 3.6% [10] Company Strategy and Development Direction - The company is optimistic about the outlook for the second half of 2022 and into 2023, focusing on price increases and market share growth [25][29] - The company anticipates continued price increases due to labor shortages and supply chain constraints [9][27] - The strategic focus on dissolvable technology is expected to drive growth, with a projected increase in revenue across all service lines in Q3 [28][29] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about potential recessionary pressures but believes North American shale production will remain vital for global supply [25][26] - The company expects Q3 revenue to be between $145 million to $155 million, with improved adjusted EBITDA and cash flow [29] - Management noted that supply chain disruptions could impact the availability of cement, which may lead to challenges in meeting customer demand [33][35] Other Important Information - As of June 30, 2022, the company had cash and cash equivalents of $22.4 million and total liquidity of $74.5 million [17] - The company reported general and administrative expenses of $12.5 million and depreciation and amortization expenses of $10.3 million for Q2 [21] Q&A Session Summary Question: Concerns about cement supply with increased rig count - Management acknowledged concerns about cement supply tightening and indicated that they are working through customer allocations based on efficiency and history [33][34] Question: Insights on dissolvable technology market growth - Management noted that gains in dissolvable technology sales are coming from both new customers and existing customers increasing their purchases [36][38] Question: Expectations for incremental gross profit margins in Q3 - Management expects much stronger incremental margins in Q3 due to price increases [42][44] Question: Free cash flow generation in Q3 - Management indicated that generating positive free cash flow in Q3 is a fair assumption [45] Question: Client activity levels in Haynesville and Permian - Management noted mixed signals regarding activity levels but indicated that operators may be more proactive due to supply chain constraints [47][48] Question: Expectations for SG&A expenses in Q3 and Q4 - Management expects SG&A expenses to remain similar going forward [49]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38347 __________________________________________________________________ Nine Energy Service, ...

J.P. MORGAN JUNE 23, 2022 O Nine DISCLAIMER Forward-Looking Statements & Non-GAAP Financial Measures Certain statements in this presentation are forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of management ...

Financial Data and Key Metrics Changes - The company reported revenue of $116.9 million for Q1 2022, exceeding guidance of $108 million to $116 million, representing an 11% increase quarter-over-quarter [6] - Adjusted EBITDA was $12.2 million, reflecting a 168% increase quarter-over-quarter, with an adjusted EBITDA margin of 10% [6][13] - The net loss for the quarter was $6.9 million, with a basic earnings per share of negative $0.23 [13] Business Line Data and Key Metrics Changes - Cementing revenue increased by approximately 31% quarter-over-quarter to $45.2 million, with a 14% increase in completed jobs [16] - Wireline revenue decreased by approximately 2% to $21.4 million, despite a 7% increase in completed stages [17] - Coiled tubing revenue increased by approximately 11% to $21.6 million, driven by an 18% increase in average blended day rates [18] Market Data and Key Metrics Changes - U.S. completions increased approximately 3% and new wells drilled increased by approximately 15% [7] - The average frac crew count increased approximately 6% to 8% over Q4, equating to 14 to 16 additional frac crews [6] Company Strategy and Development Direction - The company aims to capture market share through superior technology and service, particularly in the dissolvable plug market, which is expected to grow significantly [10][26] - The company is optimistic about revenue growth across all service lines in Q2, projecting revenue of $130 million to $140 million [27] Management's Comments on Operating Environment and Future Outlook - Management noted challenges in labor and equipment availability, which may impact the ability to increase production [25] - The company expects continued price increases across service lines due to inflationary pressures [25][27] Other Important Information - The company had a liquidity position of $74.6 million as of March 31, 2022, with $19.9 million in cash and cash equivalents [15] - CapEx for Q1 2022 was $2.4 million, with guidance of $20 million to $30 million for the full year [20] Q&A Session Summary Question: Impact of dissolvable market share growth on financial results - Management indicated that increased market share in the dissolvable market would significantly impact revenue, with a high free cash flow conversion rate [30][31] Question: Revenue decline in wireline and completion tools - Management attributed the decline to weather delays and sand shortages but expressed optimism for Q2 [39][40] Question: Active units for cementing, wireline, and coiled tubing - Management noted tight labor markets affecting crew availability, impacting service line capacity [41] Question: CapEx for additional equipment amidst labor tightness - Management confirmed that equipment orders are expected to be delayed due to labor and equipment market challenges [42] Question: Normalized incremental margins for Q2 - Management indicated that incremental margins would be lower than the previous quarter's 65% but did not provide specific guidance [43][44]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38347 __________________________________________________________________ Nine Energy Service, ...

Q4 2021 INVESTOR PRESENTATION O Nine DISCLAIMER Forward-Looking Statements & Non-GAAP Financial Measures Certain statements in this presentation are forward-looking statements that are subject to a number of risks and uncertainties, many of which are beyond our control. All statements, other than statements of historical fact included in this presentation, regarding our strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of managem ...

Financial Data and Key Metrics Changes - Company revenue for the year was $349.4 million, with a net loss of $64.6 million and adjusted EBITDA of $5.2 million. Basic EPS was negative $2.13 [22] - For Q4, revenue totaled $105.1 million, net loss was $15.7 million, and adjusted EBITDA was $4.6 million. Basic EPS was negative $0.52 [25][22] - The average WTI price in 2021 was over $68 per barrel, an increase of approximately 74% year-over-year, yet the average rig count only increased by approximately 10% [11] Business Line Data and Key Metrics Changes - Cementing revenue for Q4 was $34.4 million, an increase of approximately 17%, with 886 jobs completed, up 17% from Q3 [28] - Wireline revenue for Q4 was $21.8 million, an increase of approximately 13%, with 4,606 stages completed, a decrease of approximately 4% [29] - Completion tools revenue was $29.4 million, an increase of approximately 9%, with 25,770 stages completed, an increase of approximately 18% [29] Market Data and Key Metrics Changes - Market share of U.S. stages completed grew from approximately 20% in 2020 to approximately 22% in 2021 [14] - The company increased its market share in the Haynesville region to approximately 26% by year-end 2021 [16] Company Strategy and Development Direction - The company has focused on becoming an asset-light completions-focused company, divesting certain service lines and acquiring technologies like Magnum [13] - The dissolvable plug technology is expected to drive growth, with market adoption projected to expand significantly [17][42] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about 2022 and 2023, citing under-investment in oil and gas and increasing global demand as factors for market growth [35] - Anticipated North American capital spending is expected to increase by at least 20% in 2022, benefiting all service lines [38] - Labor shortages and inflation are significant concerns, impacting pricing and operational efficiency [40][46] Other Important Information - The company ended 2021 with a total liquidity position of $64.7 million [27] - Total CapEx spend for 2021 was $14.8 million, below the original guidance range [32] Q&A Session Summary Question: Insights on recent strong stock price action - Management has no additional insights on the strong trading volume and price action [53] Question: Expectations for strong incremental margins in Q1 - Management expects much stronger incremental margins but refrains from providing specific figures [54][55] Question: Path to achieving $15 million to $20 million of quarterly EBITDA - Management believes it is possible, depending on the pace of activity and external factors [56] Question: Current active cementing units - Approximately 30 out of 40 cementing units are currently active [58] Question: Pricing strategy approach - Pricing is a constant conversation, adjusting as market conditions change [67]

FOR THE FISCAL YEAR ENDED DECEMBER 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-38347 _____________________________________________________________________________________ Nine Energy Service, Inc. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________________________________________________ FORM 10-K _________________________ ...

Financial Data and Key Metrics Changes - Q3 revenue was $92.9 million, slightly below management's guidance of $95 million to $103 million, but a 9% increase from Q2 2021 [7][8] - Adjusted gross profit for Q3 was $14 million, representing a 71% increase quarter-over-quarter [24] - The company reported net cash used in operating activities of negative $1.8 million for the quarter [29] Business Line Data and Key Metrics Changes - Cementing revenue increased by approximately 8% to $29.5 million, with 758 jobs completed, an 18% increase from Q2 [25] - Coiled tubing revenue rose by approximately 18% to $17.1 million, driven by a mix of price and activity increases [28] - Wireline revenue increased by approximately 3% to $19.2 million, with 4,793 stages completed, a 3% increase from Q2 [26] - Completion tool revenue was $26.9 million, a 10% increase, attributed to a larger mix of dissolvable plugs and higher-priced tools sold [27] Market Data and Key Metrics Changes - U.S. completed wells increased approximately 6% quarter-over-quarter, while new wells drilled rose by approximately 14% [10] - Active frac crews in the U.S. decreased by approximately 2% from August, but increased by approximately 5% quarter-over-quarter [11] Company Strategy and Development Direction - The company is focused on gaining market share and implementing price increases across service lines through technology and well site execution [38] - The completion tool business is seen as critical for growth, requiring little to no capital commitment or additional labor [19][39] - The company anticipates that pricing for drill-out services will continue to rise as activity levels increase into 2022 [20] Management's Comments on Operating Environment and Future Outlook - Management noted that labor shortages will continue to be a significant challenge across business lines and the oilfield services industry [9] - The company expects North American CapEx to increase meaningfully year-over-year in 2022, but supply chain constraints, especially labor, are anticipated to worsen [36] - Commodity prices are supportive and expected to remain so, with significant growth drivers in basins like the Permian and Haynesville [37] Other Important Information - The company has a total liquidity position of $85.4 million as of September 30, 2021 [22] - Capital expenditures for Q3 were $2.1 million, with guidance remaining unchanged at $15 million to $20 million [30] Q&A Session Summary Question: Allocation of severance costs between G&A and OpEx - The majority of severance costs were allocated to OpEx, with further breakdown available off-line [42] Question: Revenue and EBITDA guidance for Q4 - The company is not guiding adjusted EBITDA but provided a revenue range of $92 million to $100 million for Q4 [43] Question: Delay in passing on costs to customers - There is typically a 30 to 45-day delay in passing on costs to customers [46] Question: Labor market conditions in different regions - The Bakken is facing severe labor issues, while the Permian is experiencing significant poaching challenges [75][77] Question: Interest in electric wireline technology - There is strong demand for electric wireline technology, which significantly reduces diesel usage and emissions [81][82]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q _________________________________ Commission File Number: 001-38347 __________________________________________________________________ (Mark One) Nine Energy Service, Inc. ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition perio ...