Financial Data and Key Metrics Changes - For Q2 2021, the company reported revenue of $84.8 million, a 27% increase compared to Q1 2021, and within the guidance range of $78 million to $86 million [5][19] - The net loss for the quarter was $24.5 million, with adjusted EBITDA at negative $0.4 million [13][18] - Cash and cash equivalents stood at $33.1 million, with total liquidity of $85.4 million as of June 30, 2021 [14] Business Line Data and Key Metrics Changes - Cementing revenue increased by approximately 19% quarter-over-quarter, totaling $27.3 million, driven by activity and price increases [11][15] - Coiled tubing revenue rose by approximately 32% quarter-over-quarter, reaching $14.5 million, with a 25% increase in days worked [17] - Wireline revenue surged by 46% to $18.6 million, with significant market share gains in the Permian [12][16] - Completion tools revenue increased by approximately 22%, totaling $24.4 million, with a 26% increase in completed stages [16] Market Data and Key Metrics Changes - The EIA reported a 19% increase in completed wells quarter-over-quarter, primarily driven by a 26% increase in the Permian [6][7] - The average active frac crews in the U.S. increased by approximately 13% quarter-over-quarter, with about half operating in the Permian [7] Company Strategy and Development Direction - The company is focused on implementing price increases in cementing (10% to 20%) and coiled tubing (8% to 12%) services while navigating labor and materials inflation [9][10] - The strategy emphasizes being an asset and labor-light company, with revenue growth outpacing headcount increases [10][21] - The company is converting existing wireline units to electric wireline to reduce carbon emissions and enhance service offerings [20] Management's Comments on Operating Environment and Future Outlook - Management anticipates Q3 2021 to outperform Q2 in terms of activity and revenue, projecting revenue between $95 million and $103 million [21] - The labor shortage is a significant challenge, impacting service quality and revenue potential [9][54] - The company expects moderate activity increases for the remainder of 2021, with a focus on maintaining service quality and safety [19][54] Other Important Information - The company wrote down $2.4 million of tools inventory during the quarter as part of transitioning to new technology [6][15] - General and administrative expenses increased to $12.2 million due to a legal accrual [17] Q&A Session Summary Question: Incrementals going into Q3 - Management indicated that a gross margin increment of about 35% in Q2 could be expected for Q3, but it is not guaranteed [25] Question: Pricing and cost inflation - Management noted the dynamic nature of the market makes it difficult to predict how much pricing can be pushed through due to fluctuating costs [27] Question: Free cash flow expectations - Management stated that working capital will continue to be a cash drain, and free cash flow positivity is not expected in the near term due to CapEx and coupon payments [30][32] Question: ESG benefits of dissolvables - Management highlighted significant reductions in carbon emissions with dissolvable plugs compared to traditional methods, making them more appealing to customers [35][36] Question: Customer interest in ESG - There has been a notable increase in customer interest in ESG metrics and cleaner technologies over the past 60 to 90 days [40][41] Question: Cementing supply chain issues - Management acknowledged ongoing cement shortages and emphasized the importance of strong supplier relationships to mitigate risks [48][49] Question: Labor quality concerns - Management expressed concerns about the quality of labor available and its potential impact on service quality and revenue [53][54] Question: Coupon payments - Management confirmed that a coupon payment of $14 million is due in Q4 [56]

Q2 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 ...

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, 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, ...

Financial Data and Key Metrics Changes - Company revenue for Q1 2021 was $66.6 million, representing an increase of approximately 8% quarter-over-quarter despite a 3% decrease in completed wells [16][8] - Net loss for the quarter was $8.2 million, with adjusted EBITDA at negative $3.4 million and basic EPS at negative $0.28 [16][24] - Cash and cash equivalents as of March 31, 2021, were $53 million, with total liquidity of $98.8 million [19] Business Line Data and Key Metrics Changes - Cementing revenue increased by approximately 22% quarter-over-quarter, totaling $22.9 million, driven by market share gains in the Delaware basin [11][21] - Coiled tubing revenue decreased by approximately 7% to $10.9 million due to weather-related shutdowns [23] - Completion tools revenue increased by approximately 11% to $20 million, with stages completed rising by 24% [23][20] Market Data and Key Metrics Changes - U.S. new wells drilled increased by approximately 25% quarter-over-quarter, with active frac crews estimated at 185 to 190 [7] - The company experienced a 6% market share gain in stages completed throughout 2020, despite a 3% decrease in completed wells [12] Company Strategy and Development Direction - The company is focused on gaining market share across service lines while maintaining positive gross margins, particularly in the Permian, Northeast, and Haynesville regions [32] - Plans to convert existing wireline units to electric wireline to reduce emissions and improve efficiency [31] - The company is monitoring supply chain issues closely, particularly cement shortages, which could impact operations [34][62] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that Q1 2021 would be the worst quarter for the company, with expectations for sequential revenue increases in Q2 and Q3 [27][33] - The labor market is tightening, which could lead to potential price increases and the ability to pass through incremental costs [29][30] - Management noted that the service sector is facing significant challenges, including service quality issues and labor shortages [42][56] Other Important Information - The company repurchased $26.3 million par value of bonds for $8.4 million cash, reducing annual cash interest expense [16][18] - Total capital expenditures for Q1 were $1.9 million, with anticipated cash outflows for Q2 including senior notes interest payments of approximately $14 million [25] Q&A Session Summary Question: What is embedded in the Q2 revenue guide regarding pricing and material shortages? - Management indicated that activity is primarily driving revenue growth, with hopes for price increases later in the year [39] Question: Are incremental margins expected to remain in the 20%-25% range? - Management stated that while higher incremental margins are possible as pricing increases, timing remains uncertain [50] Question: Is there potential for free cash flow positive quarters in 2021? - Management noted that free cash flow will depend on the timing of interest payments, CapEx, and working capital [52] Question: How does the simultaneous frac market growth impact Nine? - Management expressed that increased efficiency in customer operations would positively affect margins [53] Question: Any traction in international markets for completion tools? - Management confirmed that new tools have been introduced to international markets, with positive traction noted [54] Question: Will idle cementing units return to work this year? - Management indicated that there is a possibility for idle units to return to work due to market share gains [55] Question: Is service quality an issue across all service lines? - Management acknowledged that service quality issues are prevalent across multiple service lines, particularly in coiled tubing [56]

Q1 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 ...

FOR THE QUARTERLY PERIOD ENDED March 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 __________________________________________________________________ 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 Nine Energy Service, ...

Q4 2020 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 ...

Nine Energy Service, Inc. (NYSE:NINE) Q4 2020 Earnings Conference Call March 8, 2021 10:00 AM ET Company Participants Heather Schmidt - Vice President, Strategic Development and Investor Relations Ann Fox - President and Chief Executive Officer Guy Sirkes - Chief Financial Officer Conference Call Participants Sean Meakim - JPMorgan George O???Leary - Tudor, Pickering, Holt Chris Voie - Wells Fargo Waqar Syed - ATB Capital Markets John Daniel - Daniel Energy Partners Operator Greetings and welcome to the Nin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________________________________________________ FORM 10-K _____________________________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PE ...

Nine Energy Service, Inc. (NYSE:NINE) Q3 2020 Earnings Conference Call November 5, 2020 10:00 AM ET Company Participants Heather Schmidt - Vice President of Investor Relations Ann Fox - President and Chief Executive Officer Guy Sirkes - Chief Financial Officer Conference Call Participants Taylor Zurcher - Tudor, Pickering, Holt JB Lowe - Citi Waqar Syed - AltaCorp Operator Thank you, and good morning, everyone. Welcome to Nine Energy Service Earnings Conference Call to discuss our Results for the Third Quar ...