8-K filed May 7, 2025, 7:59 PM ET 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

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 7, 2025, 7:59 PM ET

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 7, 2025, 7:59 PM ET

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 7, 2025, 7:59 PM ET

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 7, 2025, 7:59 PM ET

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.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: resign
Role: Director

Exact text from the filing

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.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

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

Action: appointed
Role: Director

Exact text from the filing

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

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: resigned
Role: Director

Exact text from the filing

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

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

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

Action: appointed
Role: Director

Exact text from the filing

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.

View on SEC.gov

Nine Energy Service, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-114963

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.