What does NexTier do?

NexTier is a leading provider of integrated, land-based completions throughout the US. Our strong ESG focus enables us to accelerate production and generate leading returns – while maintaining strict adherence to environmental stewardship and social responsibility.

What does NexTier oil do?

Nextier Oilfield Solutions Inc. provides oilfield services. The Company offers drilling and other related solutions such as developing, delivering, management, and engineering activities. Nextier Oilfield Solutions serves customers in the United States.

How many employees does NexTier have?

Compare NEX With Other Stocks

NexTier Oilfield Solutions Annual Number of Employees
2020 1,969
2019 6,525
2018 2,833
2017 2,748

What does Liberty oilfield services do?

Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies.

Is NexTier a good company?

Is NexTier Oilfield Solutions a good company to work for? NexTier Oilfield Solutions has an overall rating of 3.2 out of 5, based on over 130 reviews left anonymously by employees. 51% of employees would recommend working at NexTier Oilfield Solutions to a friend and 44% have a positive outlook for the business.

Who did NexTier buy?

NexTier Oilfield Solutions Inc. agreed to acquire Alamo Pressure Pumping LLC in a cash-and-stock transaction valued at about $268 million that NexTier said will consolidating leading providers of low-carbon well completion solutions in the Permian Basin.

Who owns Alamo pressure pumping?


(NYSE: NEX) (“NexTier” or the “Company”) today announced that it has reached an agreement to acquire 100% of the ownership interests of Alamo Pressure Pumping, LLC (“Alamo”) for a transaction valuation of approximately $268 million, as further described below.

Did Liberty oilfield services buy Schlumberger?

on Monday closed on its purchase of a competitor in a $448 million deal that makes the company the third-largest North American hydraulic fracturing business. Denver-based Liberty Oilfield (NYSE: LBRT) acquired the OneStim division of Houston-based oilfield giant Schlumberger Ltd.

Who is the CEO of Liberty oilfield services?

Christopher A Wright (Dec 2016–)Liberty Energy / CEO

Who did C&J merger with?

Keane Group, Inc.
HOUSTON, Oct. 31, 2019 /PRNewswire/ — NexTier Oilfield Solutions ( NYSE: NEX) (“NexTier” or the “Company”) today announced the successful completion of the merger between C&J Energy Services, Inc. (“C&J”) and Keane Group, Inc. (“Keane”), creating a new leading well completion and production services company.

How much did NexTier buy Alamo for?

$268 Million
NexTier to Acquire Leading Permian Pressure Pumper Alamo in $268 Million Deal.

What is pressure pumping oil and gas?

Pressure pumping is the pumps that are used for various purposes like well completion, well stimulation, well intervention and others. They play a major role in the oil and gas industry as these are one of the important equipment required during the lifecycle of a well.

Who bought out Schlumberger?

Liberty Oilfield
on Monday closed on its purchase of a competitor in a $448 million deal that makes the company the third-largest North American hydraulic fracturing business. Denver-based Liberty Oilfield (NYSE: LBRT) acquired the OneStim division of Houston-based oilfield giant Schlumberger Ltd.

Who owns Schlumberger?

Schlumberger Limited (NYSE: SLB) is owned by 78.17% institutional shareholders, 2.86% Schlumberger Limited insiders, and 18.96% retail investors. Didier Primat is the largest individual Schlumberger Limited shareholder, owning 32.18M shares representing 2.28% of the company.

Who owns Liberty oilfield?

Chris Wright serves as CEO and Chairman of Liberty Oilfield Services and has since its founding in 2011. Additionally, Chris co-founded and serves as Executive Chairman of Liberty Resources, a Bakken-focused E&P company and Liberty Midstream Solutions.

Who owns Liberty fracking?

Chris Wright, founder and CEO of Liberty Oilfield Services. A Denver-based company will absorb Schlumberger’s fracking arm. Denver-based Liberty Oilfield Services Inc. is acquiring the hydraulic fracturing arm of oilfield giant Schlumberger Ltd.

Who did C&J merge with?

Keane Group Inc.
Houston-based C&J Energy Services and Keane Group Inc. closed their merger on Oct. 31, as expected. The combined company, called NexTier Oilfield Solutions Inc., began trading on the New York Stock Exchange under the ticker symbol “NEX” when markets opened.

Who is the biggest frac company?

Schlumberger (SLB) is the largest oilfield services company in the world. It’s no wonder that they have a large pressure pumping section.

Who is the largest fracking company in the US?

Chevron is the largest shale oil producer in the U.S. In 2020, the California based Big Oil company produced an average of 387,000 barrels of shale oil and condensate products per day. That same year, the company ranked second in a list of largest U.S. oil and gas companies based on market capitalization.

Who bought out Weatherford?

In 1998, $2.6 billion merger between Weatherford Enterra and Energy Ventures Inc., or EVI, created Weatherford International.

How Weatherford went from fourth largest oilfield service company to Chapter 11.

Company Stock Market Value*
Baker Hughes $23.8 billion
Halliburton $22.6 billion

What companies does Schlumberger own?

Schlumberger Brands

  • Cameron. Cameron has been a Schlumberger company since 2016.
  • M-I SWACO. M-I SWACO has been a Schlumberger company since 2010.
  • Smith Bits. Smith Bits has been a Schlumberger company since 2010.
  • WesternGeco. WesternGeco has been a Schlumberger company since 2000.
  • Omni Seals.
  • K&M Technology Group.
  • FIT.
  • Zilift.

Does Schlumberger pay well?

The highest-paying job at Schlumberger is a IT Project Manager with a salary of ₹44.1 Lakhs per year. The top 10% of employees earn more than ₹28.01 lakhs per year. The top 1% earn more than a whopping ₹54.32 lakhs per year.

Does Schlumberger give bonuses?

The departments at Schlumberger that have the highest annual bonuses are Sales, with an average bonus of $57,323, Communications with an average bonus of $47,297, and Product with an average bonus of $33,933.

Is Schlumberger still in business?

bɛʁˈʒe, ʃlœ̃-]) is an oilfield services company. Schlumberger employees represent more than 140 nationalities working in more than 120 countries. Schlumberger has four principal executive offices located in Paris, Houston, London, and The Hague.

Type Public
Founders Conrad Schlumberger Marcel Schlumberger

How many employees does Liberty Oilfield Services have?

Company Info

CEO Christopher A. Wright
HQ Location Denver, Colo.
Website http://www.libertyfrac.com
Years on Fortune 500 List
Employees 2,437