Nine Energy Service, Inc. filings document an oilfield services issuer whose disclosures cover completion-solution operations, public-company governance and capital structure. Recent Form 8-K reports describe material events, material agreements, operating and financial results, officer transitions and shareholder-voting matters.
The filing record also documents the company’s Chapter 11 reorganization history, including confirmation and effectiveness of a prepackaged plan and emergence from the Chapter 11 cases in March 2026. Additional filings address monthly operating reports during the cases, common-stock registration and exchange-listing status, and related financing disclosures.
Nine Energy Service, Inc. Schedule 13G filed by Jeffrey L. Gendell reports beneficial ownership of 784,501 shares of Common Stock, representing 5.6% of the class. The filing discloses these holdings are shared voting and dispositive power through related entities.
The filing states 13,949,990 shares outstanding as of April 27, 2026 per the company’s Annual Report on Form 10-K/A. Holdings include 575,251 shares held by Tontine Capital Overseas Master Fund II, L.P. and 209,250 shares held by Tontine Financial Partners, L.P.
Nine Energy Service, Inc. adopted a new 2026 Long-Term Incentive Plan as part of its transition out of Chapter 11 bankruptcy. The plan reserves 1,394,999 shares of common stock, equal to 10% of shares outstanding as of the Chapter 11 Plan effective date, for equity-based awards.
The program combines three-year, stock-settled restricted stock units with performance-based cash awards tied to relative total shareholder return over three annual periods. CEO Ann Fox was approved for RSUs valued at $2,980,000 and performance awards with a $2,980,000 target, with proportionally smaller packages for key executives.
Independent directors are subject to a $900,000 annual compensation cap, and the plan can grant awards for up to ten years. Interim CFO Heather Schmidt will also receive a $15,000 monthly cash stipend while serving in that role.
Nine Energy Service, Inc. reports its first quarterly results after emerging from Chapter 11, using fresh start accounting that makes current figures not directly comparable with prior periods. The company eliminated its 13.000% Senior Secured Notes due 2028 and other liabilities, cutting total debt to $94.4 million at March 31, 2026 from $369.6 million at December 31, 2025 and moving from a stockholders’ deficit to equity of $134.0 million. In the short 2026 Successor Period from March 6 through March 31, Nine recorded revenue of $41.6 million and a net loss of $1.3 million, while the 2026 Predecessor Period from January 1 through March 5 showed revenue of $88.4 million and net income of $107.9 million, driven largely by a $124.1 million net gain on reorganization items.
Nine Energy Service, Inc. reported first-quarter 2026 results split between a predecessor and successor period due to emerging from Chapter 11 and adopting fresh start accounting on March 5. The predecessor period generated $88.4 million in revenue and net income of $107.9 million, or $2.65 per diluted share, while adjusted EBITDA was $0.9 million. The successor period produced $41.6 million in revenue and a net loss of $1.3 million, or $(0.09) per diluted share, with adjusted EBITDA of $2.1 million. Management highlighted that predecessor results were pressured by a $5.5 million non-cash inventory write-down and weather-related disruptions, but noted improved operating efficiency as the quarter progressed and largely stable pricing. As of March 31, 2026, the balance sheet showed $11.2 million of cash, $90.4 million of borrowings under the revolving credit facility, and total liquidity of $46.9 million. Full-year 2026 capital expenditures are guided to $20–$30 million, and the company expects sequential improvement in revenue and earnings in the second quarter as operations and reporting normalize following its restructuring.
Nine Energy Service, Inc. reported an initial insider ownership filing for Interim CFO Heather Schmidt on Form 3. The data provided shows no share purchases, sales, option exercises, gifts, tax withholdings, or restructuring-related transfers, indicating no reportable transactions or derivative positions in this record.
Nine Energy Service filed an amended annual report mainly to add Part III information on directors, executive compensation, ownership and governance that was omitted from the original Form 10‑K. The filing outlines a post‑reorganization board and leadership structure following the company’s emergence from chapter 11 on March 5, 2026.
It details director and executive backgrounds, 2025 pay practices, stock ownership guidelines, clawback and insider‑trading policies, and equity plan usage. As of June 30, 2025, non‑affiliate common stock held a market value of $28,438,468, and 13,949,990 common shares were outstanding as of April 27, 2026. Philosophy Capital Management and MacKay Shields are disclosed as significant shareholders with voting‑cap agreements limiting their effective voting power above 10%.
Nine Energy Service reports that Executive Vice President and Chief Financial Officer Guy Sirkes has decided to resign to accept a role at another company, with his resignation effective May 11, 2026.
On the same date, Heather Schmidt, age 42, will be appointed Interim Chief Financial Officer unless a permanent CFO is named earlier. Schmidt joined the company in 2012 and currently leads strategic development, M&A, investor relations, marketing and public relations. She will receive an indemnification agreement in the same form used for other executive officers. The company states there are no family relationships or related-party transactions requiring disclosure in connection with her appointment.
Nine Energy Service, Inc. has furnished a final Monthly Operating Report covering March 1–4, 2026, following its emergence from prepackaged Chapter 11 on March 5, 2026. The report shows beginning cash of $21,095,405 and ending cash of $23,389,975, with total assets of $36,563,808 and total liabilities of $429,419,528, resulting in negative equity of $392,855,720. For the period, the company recorded a net loss of $13,935,184, largely driven by $13,357,186 of reorganization items. Management emphasizes that the Monthly Operating Report is unaudited, prepared to meet Bankruptcy Code requirements, covers an atypically short period and may be subject to future adjustments, so it should not be relied upon for investment decisions.
Nine Energy Service, Inc. Schedule 13G/A amendment reports that William Monroe beneficially owns 140,000 shares of Common Stock as of December 31, 2025. The filing lists sole voting power and sole dispositive power over those shares and states this represents 0.3% of the class.
The amendment is signed by William Monroe on April 16, 2026. The filing is a routine ownership disclosure for a holder under the 5% threshold.
Nine Energy Service, Inc. Schedule 13G shows MacKay Shields LLC and NYLI MacKay High Yield Corporate Bond Fund report combined beneficial ownership positions in Nine Energy Service common stock. MacKay Shields LLC reports 1,662,134 shares (11.91%) and NYLI MacKay reports 1,404,300 shares (10.07%) based on 13,950,000 shares outstanding as of March 5, 2026. The filers state they have shared voting and dispositive power under a voting agreement dated March 5, 2026; the Schedule is filed jointly and signed by the Chief Compliance Officer.