Company data sheet · Nextier Oilfield Solutions

Nextier Oilfield Solutions: growth far beyond its economy.

Industry
Oil & Gas Field Services
Headquarters
United States
Sources
SEC filings (2016–2023), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
Data as of
October 18, 2026
  1. From profit to three straight losses. Nextier Oilfield Solutions lost money every year from 2015 to 2017: $0.3 billion in all. 2018 was its first profit in four years: $0.1 billion.
  2. It outgrew its own economy many times over. Revenue rose from $0.4 billion in 2016 to $3.2 billion in 2022: 7.7 times as much. The US economy, counted the same way in money terms, grew about 41%. Whatever drove it, the economy around it does not account for growth of that size.
  3. Ahead of almost everyone like it. From 2016 to 2022, its revenue grew 671% in US dollars; the median among 102 large energy and mining companies grew 105%. It outgrew 89% of them.
  4. Leaders came and went. Nextier Oilfield Solutions filed 23 leadership changes since 2016, more than 78% of large energy and mining companies (the median is 10).

Financial results

Fiscal yearRevenueNet income
2016$0.4 billion−$0.2 billion
2017$1.5 billion−$0 billion
2018$2.1 billion$0.1 billion
2019$1.8 billion−$0.1 billion
2020$1.2 billion−$0.3 billion
2021$1.4 billion−$0.1 billion
2022$3.2 billion$0.3 billion

As reported in its annual filings. Losses in red.

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Market reaction to disclosed decisions: 46 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (0 with market data).
  • Economic context: 7 measures for the United States, every year since 2016, from the official sources.
  • Peer comparison: against 175 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

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