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On the Record · Nextier Oilfield Solutions

Nextier Oilfield Solutions acquisitions, on the record

The businesses Nextier Oilfield Solutions bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Well Support Services segment
Word for word“In March of 2020, we divested the legal entities and the majority of the assets that comprised our Well Support Services segment.” 10-K for 2020
divestitureIn March of 2020—
C&J Energy Services, Inc.
Word for word“Pursuant to this transaction, C&J was ultimately merged with and into one of our wholly owned merger subsidiary, with our subsidiary continuing as the surviving entity.” 10-K for 2020
merger——
RockPile Energy Services, LLC
Word for word“We have a history of growth through acquisition, including (i) our 2017 acquisition of RockPile, a multi-basin provider of integrated well completion services in the U.S. whose primary service offerings included hydraulic fracturing, wireline perforation and workover rigs, (ii) our 2018 asset acquisition from RSI to acquire approximately 90,000 hydraulic horsepower and related support equipment, (iii) our 2019 transaction with C&J Energy Services, Inc. ("C&J Merger"), a publicly traded Delaware corporation.” 10-K for 2020
acquisition2017—
Refinery Specialties, Incorporated (RSI) assets
Word for word“We have a history of growth through acquisition, including (i) our 2017 acquisition of RockPile, a multi-basin provider of integrated well completion services in the U.S. whose primary service offerings included hydraulic fracturing, wireline perforation and workover rigs, (ii) our 2018 asset acquisition from RSI to acquire approximately 90,000 hydraulic horsepower and related support equipment, (iii) our 2019 transaction with C&J Energy Services, Inc. ("C&J Merger"), a publicly traded Delaware corporation.” 10-K for 2020
acquisition2018—
Acquired Trican Operations
Word for word“(3) Commencing on March 16, 2016, our consolidated financial statements also include the financial position, results of operations and cash flows of the Acquired Trican Operations.” 10-K for 2020
acquisitionMarch 16, 2016—
Alamo Pressure Pumping, LLC and its wholly owned subsidiaries
Word for word“On August 31, 2021, we completed the acquisition of Alamo Pressure Pumping, LLC and its wholly owned subsidiaries.” 10-K for 2021
acquisitionAugust 31, 2021—
Well Support Services
Word for word“On March 9, 2020, we completed a divestiture of the entities and assets comprising our Well Support Services.” 10-K for 2021
divestitureMarch 9, 2020—
Alamo Pressure Pumping, LLC
Word for word“On August 31, 2021, we completed the acquisition of Alamo Pressure Pumping, LLC and its wholly owned subsidiaries.” 10-K for 2022
acquisitionOn August 31, 2021—
Continental Intermodal Group LP sand hauling, wellsite storage and last mile logistics businesses
Word for word“On August 3, 2022 the Company entered into and closed a definitive agreement to purchase substantially all assets (and assume certain lease liabilities) of the sand hauling, wellsite storage and last mile logistics businesses of Continental Intermodal Group LP (“CIG”) and its subsidiaries (the “CIG Acquisition”) from CIG, Continental Intermodal Group – Trucking, LLC (“Trucking”) and CIG Logistics LLC (together with Trucking and CIG, “CIG Sellers”).” 10-K for 2022
acquisitionOn August 3, 2022—
coiled tubing assets sold to Gladiator Energy LLC
Word for word“After the sale of our coiled tubing assets to Gladiator Energy LLC on August 1, 2022, all of the revenue for this segment is generated by our cementing business.” 10-K for 2022
divestitureAugust 1, 2022—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2019-12-31−$68.8 million
2020-12-31−$53.7 million
2021-12-31$95.1 million

Deal filings since 2016

Read from Nextier Oilfield Solutions’s annual reports (10-K for 2022, 10-K for 2021, 10-K for 2020) and the financial data it files with the SEC, as of 2023-02-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.