Heather Schmidt
Effective as of May 22, 2026, the Board of Directors of the Company (the “Board”) has appointed Ms. Schmidt as Chief Financial Officer and principal financial officer of the Company on a permanent basis.
Highest-materiality recent filing
Nine Energy adopts 2026 LTIP; grants $4.55M in RSUs and Performance Awards to CEO, COO, Interim CFO
Plan reserves 1,394,999 shares (10% of outstanding) for equity awards under post-Chapter 11 reorganization.
Nine Energy reports Q1 post-emergence results; Q2 revenue guidance $136-146M
Predecessor (Jan 1-Mar 5): Rev $88.4M, net income $107.9M (fresh-start gains), adj. EBITDA $0.9M.
Nine Energy emerges from Chapter 11 with $392.9M equity deficit; files final MOR
Plan confirmed by Bankruptcy Court on March 4, 2026; effective March 5, 2026; company emerged from Chapter 11.
Nine Energy emerges from Chapter 11; reports Feb net loss of $49M and negative equity of $382M
Plan confirmed on March 4, 2026 and effective on March 5, 2026; company emerged as reorganized debtor.
Nine Energy emerges from Chapter 11; old equity canceled, new common issued to noteholders
Plan confirmed March 4; became effective March 5. Old common stock (43.3M shares) canceled for no consideration.
Nine Energy files Chapter 11, enters $125M DIP facility; NYSE delists stock
Filed Chapter 11 on Feb 1, 2026; NYSE delisted common stock on Feb 5, 2026 after company chose not to appeal.
Nine Energy files Chapter 11; $125M DIP financing, common stock canceled for no value
Plan cancels all common stock for no consideration; holders of 13% Senior Secured Notes get 100% of new equity.
Nine Energy Q3 revenue $132M misses guidance; net loss $(14.6)M, adj. EBITDA $9.6M
Revenue of $132.0M missed original guidance of $135-145M; net loss of $(14.6)M or $(0.35)/share.
Nine Energy Service reports Q2 2025 net loss of $10.4M; revenue $147.3M in upper end of guidance
Revenue of $147.3M, net loss of $10.4M ($0.25/share diluted); adjusted EBITDA $14.1M.
Nine Energy Service Q1 revenue $150.5M, net loss $(7.1)M; new $125M ABL credit facility closed
Q1 2025 revenue $150.5M (+6% QoQ), net loss $(7.1)M ($0.18/sh), adjusted EBITDA $16.5M (+17% QoQ).
Nine Energy receives NYSE noncompliance notice for sub-$1.00 stock price; six-month cure period
On April 30, 2025, NYSE notified Nine Energy its avg closing price fell below $1.00 over 30 consecutive trading days.
Q4 revenue $141.4M (near high end of guidance), net loss $(8.8)M ($0.22 diluted EPS), adjusted EBITDA $14.1M.
Effective as of May 22, 2026, the Board of Directors of the Company (the “Board”) has appointed Ms. Schmidt as Chief Financial Officer and principal financial officer of the Company on a permanent basis.
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.
on May 3, 2025, as previously disclosed, Richard A. Burnett began serving as a member of the Board.
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
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.
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
the Board elected Scott E. Schwinger as Chairman of the Board, effective March 1, 2025, to replace Mr. Danner
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
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
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
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
Max materiality 1.00 · Median 0.75 · Most common event other_material