Are Oils-Energy Stocks Lagging Nine Energy Service (NINE) This Year?

Company Overview - Nine Energy Service (NINE) is a stock within the Oils-Energy sector, which consists of 247 individual stocks and currently holds a Zacks Sector Rank of 7 [2] - The Zacks Rank system highlights stocks with characteristics that are likely to outperform the market over the next one to three months, with NINE currently holding a Zacks Rank of 2 (Buy) [3] Performance Metrics - Nine Energy Service has achieved a year-to-date return of 13.4%, outperforming the average return of the Oils-Energy sector, which stands at 5.4% [4] - The Zacks Consensus Estimate for NINE's full-year earnings has increased by 20% over the past quarter, indicating stronger analyst sentiment and an improving earnings outlook [4] Industry Context - Nine Energy Service is part of the Oil and Gas - Field Services industry, which includes 22 companies and currently ranks 140 in the Zacks Industry Rank; this industry has gained an average of 3.1% year-to-date, further highlighting NINE's superior performance [6] - In comparison, Skeena Resources Limited (SKE), another Oils-Energy stock, has returned 14.2% year-to-date and belongs to the Oil and Gas - Exploration and Production - Canadian industry, which ranks 17 and has moved +1.8% year-to-date [5][7]