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
| Business | Deal | When | Value |
|---|---|---|---|
Well Support Services segmentWord 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 | divestiture | In 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, LLCWord 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 | acquisition | 2017 | — |
Refinery Specialties, Incorporated (RSI) assetsWord 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 | acquisition | 2018 | — |
Acquired Trican OperationsWord 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 | acquisition | March 16, 2016 | — |
Alamo Pressure Pumping, LLC and its wholly owned subsidiariesWord for word“On August 31, 2021, we completed the acquisition of Alamo Pressure Pumping, LLC and its wholly owned subsidiaries.” 10-K for 2021 | acquisition | August 31, 2021 | — |
Well Support ServicesWord for word“On March 9, 2020, we completed a divestiture of the entities and assets comprising our Well Support Services.” 10-K for 2021 | divestiture | March 9, 2020 | — |
Alamo Pressure Pumping, LLCWord for word“On August 31, 2021, we completed the acquisition of Alamo Pressure Pumping, LLC and its wholly owned subsidiaries.” 10-K for 2022 | acquisition | On August 31, 2021 | — |
Continental Intermodal Group LP sand hauling, wellsite storage and last mile logistics businessesWord 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 | acquisition | On August 3, 2022 | — |
coiled tubing assets sold to Gladiator Energy LLCWord 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 | divestiture | August 1, 2022 | — |
| Fiscal year ended | Cash 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
- 2023-09-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-07-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-08-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-08-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2019-06-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-07-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
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.