NexTier Oilfield Solutions: Q1 Earnings Snapshot

NexTier Oilfield Solutions Inc. announces their financial earnings for the past quarter on Tuesday.

May 31, 2023

HOUSTON, Texas (AP). HOUSTON, Texas (AP). NexTier Oilfield Solutions Inc. reported a net profit of $254 millions in the first quarter.

Houston-based company reported a profit of $1.07 a share. Adjusted for one-time costs and gains, earnings per share were 66c.

The company's revenue for the quarter was $935.7 millions, exceeding Street expectations. Zacks surveyed five analysts who expected $926.4 millions.

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