StockNews.com began coverage on shares of NexTier Oilfield Solutions (NYSE:NEX – Free Report) in a report released on Thursday morning. The brokerage issued a buy rating on the stock. NEX has been the subject of a number of other research reports. Susquehanna decreased their price objective on NexTier Oilfield Solutions from $8.00 to $7.00 in […]
Elm Ridge Management LLC cut its position in NexTier Oilfield Solutions Inc. (NYSE:NEX – Free Report) by 15.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 251,087 shares of the company’s stock after selling 46,273 shares during the quarter. NexTier Oilfield […]
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The combination of Patterson-UTI and NexTier Oilfield Solutions brings together a contract drilling business fleet with 172 super-spec drilling rigs and a completions business with 3.3 million hydraulic fracturing horsepower.
Patterson-UTI Energy, Inc. today announced the completion of its previously announced all-stock merger with NexTier Oilfield Solutions Inc. , creating a leading provider of drilling and completions.