David Baldwin - Nine Energy Independent Director

NINE Stock  USD 1.24  0.10  7.46%   

Director

Mr. David C. Baldwin is Independent Director of the company since February 28, 2017. He has served on Beckman Production Services, Inc.s board of directors prior to its merger with and into the Company on that date. Mr. David C. Baldwin serves as CoPresident of SCF Partners since April 2014 and has served as its Managing Director since 1999. Mr. Baldwin is responsible for overseeing U.S. based investments and creating investment platforms around emerging energy trends. Mr. Baldwin joined SCF Partners in 1991. From September 2002 to April 2004, he served as President and Chief Executive Officer of Integrated Production Services, Ltd. He served as Chief Financial Officer and Vice President of ION Geophysical Corporation from June 1999 to January 2000. He started his career as a Drilling and Production Engineer with Union Pacific Resources. He later went on to start an energy consulting business and worked for General Atlantic Partners. He currently serves on the Board of Directors of Forum Energy Technologies, Select Energy Services, Inc., and Oil Patch Group, Inc. Additionally he is a Trustee of The Center, The Center Foundation, The Baylor College of Medicine, and Baylor St. Lukes Medical Center Hospital since 2017.
Age 58
Tenure 7 years
Professional MarksMBA
Address 2001 Kirby Drive, Houston, TX, United States, 77019
Phone281 730 5100
Webhttps://nineenergyservice.com
Baldwin received both a B.S. degree in Petroleum Engineering in 1980, and M.B.A. degree from the University of Texas at Austin.

Nine Energy Management Efficiency

The company has return on total asset (ROA) of 0.0141 % which means that it generated a profit of $0.0141 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (5.8338) %, meaning that it created substantial loss on money invested by shareholders. Nine Energy's management efficiency ratios could be used to measure how well Nine Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, Nine Energy's Return On Equity is projected to slightly decrease based on the last few years of reporting. At present, Nine Energy's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 5.7 M, whereas Other Assets are forecasted to decline to 0.95.
Nine Energy Service currently holds 366.32 M in liabilities. Nine Energy Service has a current ratio of 1.81, which is within standard range for the sector. Note, when we think about Nine Energy's use of debt, we should always consider it together with its cash and equity.

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Nine Energy Service, Inc. operates as an onshore completion services provider that targets unconventional oil and gas resource development across North American basins and internationally. Nine Energy Service, Inc. was incorporated in 2011 and is headquartered in Houston, Texas. Nine Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 944 people. Nine Energy Service (NINE) is traded on New York Stock Exchange in USA. It is located in 2001 Kirby Drive, Houston, TX, United States, 77019 and employs 1,157 people. Nine Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification.

Management Performance

Nine Energy Service Leadership Team

Elected by the shareholders, the Nine Energy's board of directors comprises two types of representatives: Nine Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nine. The board's role is to monitor Nine Energy's management team and ensure that shareholders' interests are well served. Nine Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nine Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brett Luz, Chief Officer
David Crombie, Executive Vice President and President Completion Solutions
Andrew Waite, Independent Director
Curtis Harrell, Independent Director
Ernie Danner, Independent Chairman of the Board
Jeff Hyre, President Wireline
Guy Sirkes, Chief Financial Officer, Senior Vice President
Edward Morgan, President Production Solutions
Brett CPA, Senior Officer
Theodore JD, General VP
Nick Pottmeyer, President Tools
Scott Schwinger, Independent Director
David Baldwin, Independent Director
Darryl Willis, Independent Director
Heather Schmidt, Investor Development
Gary Thomas, Independent Director
Ann Fox, President, Chief Executive Officer, Director
James Holley, Chief Officer
Theodore Moore, Senior Vice President, General Counsel, Secretary
Joe Huwel, President Tubing
Mark Baldwin, Independent Director

Nine Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nine Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Nine Energy Service is a strong investment it is important to analyze Nine Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nine Energy's future performance. For an informed investment choice regarding Nine Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.20)
Revenue Per Share
15.637
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0141
Return On Equity
(5.83)
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.