Nine Energy Service is a completion services provider that targets unconventional oil and gas resource development across various North American basins and abroad. Co.'s primary service offerings include: Cementing Services, which consists of blending cement and water with various solid and liquid additives to create a cement slurry; Completion Tools, which provides downhole solutions and technology used for multistage completions; and Wireline Services, which involves the use of a wireline unit equipped with a spool of wireline that is unwound and lowered into oil and gas wells to convey tools or equipment for well completion, well intervention, or pipe recovery. The NINE stock yearly return is shown above.
The yearly return on the NINE stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the NINE annual return calculation with any dividends reinvested as applicable (on ex-dates).
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