8-K filed May 07, 2025 23:59 UTC ticker NINE CIK 0001532286

earnings confidence high sentiment neutral materiality 0.75

Nine Energy Service Q1 revenue $150.5M, net loss $(7.1)M; new $125M ABL credit facility closed

Nine Energy Service, Inc.

2025-Q1 EPS reported -$0.18 vs consensus -$0.15 ▼ miss (-17.6%)

Q1 2025 revenue $150.5M (+6% QoQ), net loss $(7.1)M ($0.18/sh), adjusted EBITDA $16.5M (+17% QoQ).
Closed new $125M senior secured ABL revolver with White Oak; borrowed $48.9M to repay prior facility and fees.
Q2 2025 revenue and earnings expected to decline vs Q1 due to oil price drop, tariffs, and activity decreases.
Board changes: Gary Thomas resigned, Joey Hall appointed director effective Aug 2; share plan amended adding 3.9M shares.

item 1.01 item 2.02 item 2.03 item 5.02 item 5.07 item 9.01

Machine-readable event card

schema_version: secwatch.filing_event.v1
accession: 0001193125-25-114963
form_type: 8-K
ticker: NINE
cik: 0001532286
company_name: Nine Energy Service, Inc.
filed_at: 2025-05-07T23:59:59+00:00
discovered_at: 2026-05-14T18:02:48.650989+00:00
generated_at: 2026-05-22T07:54:08.739409+00:00
sec_items: ["1.01", "2.02", "2.03", "5.02", "5.07", "9.01"]
event_type: earnings
sentiment: neutral
materiality_score: 0.75
confidence: high
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Executive movements

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

Departed

Mark E. Baldwin

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-08-01
Successor: Jerome (Joey) D. Hall
Filed: May 07, 2025 23:59 UTC

Mark E. Baldwin has notified the Board that he plans to resign from the Board effective as of the end of the day on August 1, 2025.

Appointed

Richard A. Burnett

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-05-03
Filed: May 07, 2025 23:59 UTC

on May 3, 2025, as previously disclosed, Richard A. Burnett began serving as a member of the Board.

Departed

Gary L. Thomas

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-05-02
Filed: May 07, 2025 23:59 UTC

On May 2, 2025, Gary L. Thomas resigned as a member of the Company’s Board of Directors (the “Board”), effective as of the end of such date, as planned

Appointed

Jerome (Joey) D. Hall

Director

NINE · Nine Energy Service, Inc.

Effective: 2025-08-02
Filed: May 07, 2025 23:59 UTC

on May 2, 2025, the Board appointed Jerome (Joey) D. Hall as a director and as a member of the Board’s Audit Committee and Nominating, Governance and Compensation Committee (the “NGC Committee”), in each case effective as of August 2, 2025.

Source-grounded claims

38b93fcf18

Mark E. Baldwin departed as Director at Nine Energy Service, Inc..

Mark E. Baldwin has notified the Board that he plans to resign from the Board effective as of the end of the day on August 1, 2025.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

6dba992039

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

on May 3, 2025, as previously disclosed, Richard A. Burnett began serving as a member of the Board.

SEC 8-K Item 5.02 confidence 0.9 SEC evidence

8ee87a2018

Gary L. Thomas resigned as Director at Nine Energy Service, Inc..

On May 2, 2025, Gary L. Thomas resigned as a member of the Company’s Board of Directors (the “Board”), effective as of the end of such date, as planned

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

cf0135efa6

Jerome (Joey) D. Hall was appointed as Director at Nine Energy Service, Inc..

on May 2, 2025, the Board appointed Jerome (Joey) D. Hall as a director and as a member of the Board’s Audit Committee and Nominating, Governance and Compensation Committee (the “NGC Committee”), in each case effective as of August 2, 2025.

SEC 8-K Item 5.02 confidence 0.95 SEC evidence

Source: SEC EDGAR

accession 0001193125-25-114963

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