NexTier Oilfield Solutions - M&A Summary and Business Overview

Oil/gas ExplorationCompany

NexTier Oilfield Solutions M&A Summary

NexTier Oilfield Solutions has acquired 3 companies, including 3 in the last 5 years. It has also divested 1 asset.

NexTier Oilfield Solutions’ largest acquisition to date was in 2021, when it acquired Alamo Pressure Pumping for $268M. It’s largest disclosed sale occurred in 2020, when it sold NexTier Oilfield Solutions - Well Support Services to Basic Energy Services for $94M. NexTier Oilfield Solutions has acquired in 1 US state. The Company’s most targeted sectors include energy services and equipment (67%) and oil/gas exploration (34%).

NexTier Oilfield Solutions Business Overview

Where is NexTier Oilfield Solutions headquartered?

NexTier Oilfield Solutions is headquartered in Houston, Texas.

What is NexTier Oilfield Solutions’ revenue?

NexTier Oilfield Solutions disclosed revenue of 1,423M USD for 2021 and 1,203M USD for 2020.

How many employees does NexTier Oilfield Solutions have?

NexTier Oilfield Solutions has 3,340 employees.

What sector is NexTier Oilfield Solutions in?

NexTier Oilfield Solutions is an oil/gas exploration company.

When was NexTier Oilfield Solutions founded?

NexTier Oilfield Solutions was founded in 1973.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity3
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1
  • M&A Advisors 2

NexTier Oilfield Solutions

NexTier Oilfield Solutions, Inc.

3990 Rogerdale,
Houston, Texas 77042
United States,
(713) 325-6000
www.nextierofs.com

NexTier Oilfield Solutions is a provider of integrated completions focused on US land. The company delivers safe, efficient and innovative services that enable customers to win by accelerating production while generating leading returns. Its principal service offerings include horizontal and vertical fracturing, wireline perforation and logging, and engineered solutions. NexTier Oilfield Solutions was founded in 1973 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 2 - 1 - - - 3
vol $268M $268M
Sell (0.2/yr) # - 1 - - - - 1
vol $94M $94M
  4

Most Recent M&A

Company Date Value Type
Alamo Pressure Pumping LLC 2021-08-04 268M USD Add-on Acquisition
Midland, Texas · www.fracing.com
NexTier Oilfield Solutions, Inc. - Well Support Services 2020-03-09 94M USD Divestiture
, Texas
C&J Energy Services Inc. 2019-10-31 - Merger
Houston, Texas · www.cjenergy.com
Keane Group, Inc. 2019-06-17 - Merger
Houston, Texas · www.keanefrac.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Energy Services and Equipment 2 (67%) - - -
Oil/Gas Exploration 1 (33%) 268M (100%) 1 (100%) 94M (100%)
Total 3 $268M 1 $94M

By Geo

State/Country Buy Value Sell Value
United States 3 268M 1 94M
  Texas 3 268M 1 94M
Total 3 $268M 1 $94M

Top M&A Advisors

Financial Deals
Piper Sandler & Co.
 1
Legal Deals
King & Spalding
 1

Deal Values

buy # Total
$100M to $1B 1 $268M
TOTAL $268M
Largest Alamo Pressure Pumping LLC
$268M (2021-08-04)
sell # Total
< $100M 1 $94M
TOTAL $94M
Largest NexTier Oilfield Solutions, Inc. - Well Support Services
$94M (2020-03-09)

M&A Connections

Deals
Divested to
Strategic(s)
100%
1 (100%)

Company Summary

SECTOR

Oil/Gas Exploration

Revenue

1,423   19% 2021
1,203   34% 2020
1,822   15% 2019
2,137   39% 2018
1,542   267% 2017
421   2016
(millions of USD) Show More Show Less

Employees

3,340

Established

1973

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