Investing.com - Nine Energy reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nine Energy announced earnings per share of $0.390 on revenue of $167.43M. Analysts polled by Investing.com anticipated EPS of $0.010 on revenue of $148.07M.
Nine Energy shares are up 1.81% from the beginning of the year , still down 16.54% from its 52 week high of $8.10 set on Tuesday, March 8, 2022.
Nine Energy follows other major Energy sector earnings this month
Nine Energy's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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