secwatch / observer

8-K filed Mar 05, 2025 23:59 UTC ticker NINE CIK 0001532286

other_material confidence high sentiment neutral materiality 0.75

Nine Energy Q4 revenue $141.4M, net loss $(8.8)M; board reconfigured with three exits, two new members

Nine Energy Service, Inc.

Q4 revenue $141.4M (near high end of guidance), net loss $(8.8)M ($0.22 diluted EPS), adjusted EBITDA $14.1M.
Full year 2024 revenue $554.1M, net loss $(41.1)M, adjusted EBITDA $53.2M; total liquidity $52.1M at year-end.
Cementing revenue up 7% QoQ, completion tools up 6% QoQ despite flat US rig count; Q1 2025 revenue and profitability expected to increase sequentially.
Board reduced from 8 to 6 members; Scott Schwinger named Chairman; Julie Peffer and Richard Burnett appointed as new directors.
Three directors resigned (Danner, Harrell, Waite); two additional resignations expected later in 2025; no changes to senior management.

item 2.02 item 5.02 item 7.01 item 9.01

Machine-readable event card

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accession: 0001193125-25-047350
form_type: 8-K
ticker: NINE
cik: 0001532286
company_name: Nine Energy Service, Inc.
filed_at: 2025-03-05T23:59:59+00:00
discovered_at: 2026-05-14T18:03:03.916003+00:00
generated_at: 2026-05-25T10:10:30.734724+00:00
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Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Richard A. Burnett

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-05-03
Filed: Mar 05, 2025 23:59 UTC

the Board appointed Julie A. Peffer and Richard A. Burnett as directors to fill two of those vacancies, with Ms. Peffer’s service to begin on March 1, 2025 and Mr. Burnett’s service to begin on May 3, 2025

Appointed

Scott E. Schwinger

Chairman of the Board

NINE · Nine Energy Service, Inc.

Effective: 2025-03-01
Filed: Mar 05, 2025 23:59 UTC

the Board elected Scott E. Schwinger as Chairman of the Board, effective March 1, 2025, to replace Mr. Danner

Departed

Ernie L. Danner

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-02-28
Successor: Scott E. Schwinger
Filed: Mar 05, 2025 23:59 UTC

on February 28, 2025, Ernie L. Danner, Curtis F. Harrell and Andrew L. Waite resigned as directors, effective as of the end of such date

Appointed

Julie A. Peffer

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-03-01
Filed: Mar 05, 2025 23:59 UTC

the Board appointed Julie A. Peffer and Richard A. Burnett as directors to fill two of those vacancies, with Ms. Peffer’s service to begin on March 1, 2025

Departed

Curtis F. Harrell

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-02-28
Filed: Mar 05, 2025 23:59 UTC

on February 28, 2025, Ernie L. Danner, Curtis F. Harrell and Andrew L. Waite resigned as directors, effective as of the end of such date

Departed

Andrew L. Waite

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-02-28
Filed: Mar 05, 2025 23:59 UTC

on February 28, 2025, Ernie L. Danner, Curtis F. Harrell and Andrew L. Waite resigned as directors, effective as of the end of such date

Source-grounded claims

2b44101f43

Richard A. Burnett was appointed as Director at Nine Energy Service, Inc..

the Board appointed Julie A. Peffer and Richard A. Burnett as directors to fill two of those vacancies, with Ms. Peffer’s service to begin on March 1, 2025 and Mr. Burnett’s service to begin on May 3, 2025

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

355a610eb2

Scott E. Schwinger was elected as Chairman of the Board at Nine Energy Service, Inc..

the Board elected Scott E. Schwinger as Chairman of the Board, effective March 1, 2025, to replace Mr. Danner

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

4430ffb3e8

Ernie L. Danner resigned as Director at Nine Energy Service, Inc..

on February 28, 2025, Ernie L. Danner, Curtis F. Harrell and Andrew L. Waite resigned as directors, effective as of the end of such date

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

6837ea543f

Julie A. Peffer was appointed as Director at Nine Energy Service, Inc..

the Board appointed Julie A. Peffer and Richard A. Burnett as directors to fill two of those vacancies, with Ms. Peffer’s service to begin on March 1, 2025

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

8b6a7aa259

Curtis F. Harrell resigned as Director at Nine Energy Service, Inc..

on February 28, 2025, Ernie L. Danner, Curtis F. Harrell and Andrew L. Waite resigned as directors, effective as of the end of such date

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

9b8e9a5c4a

Andrew L. Waite resigned as Director at Nine Energy Service, Inc..

on February 28, 2025, Ernie L. Danner, Curtis F. Harrell and Andrew L. Waite resigned as directors, effective as of the end of such date

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

Source: SEC EDGAR

accession 0001193125-25-047350

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