NexTier Oilfield Solutions is a holding company. Through its subsidiaries, Co. is engaged as a land oilfield service company. Co. provides its services through its operating subsidiaries to exploration and production customers. Co. provides its services in several active basins in the U.S., including the Permian, the Marcellus Shale/Utica, the Eagle Ford, Haynesville and the Bakken/Rockies. Co.'s segments are: Completion Services, which provides fracturing services, wireline and pumping services, and completion support services; and Well Construction and Intervention Services, which provides cementing services and coiled tubing services. The NEX average annual return since 2017 is shown above.
The Average Annual Return on the NEX average annual return since 2017 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether NEX average annual return since 2017 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NEX average annual return calculation with any dividends reinvested as applicable (on ex-dates).
|