NexTier Completion Solutions Overview
- Year Founded
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1973
- Status
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Acquired/Merged
- Employees
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4,302
- Latest Deal Type
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M&A
- Financing Rounds
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12
- Investments
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8
NexTier Completion Solutions General Information
Description
Provider of integrated completion services intended for onshore oil and gas operations. The company offers hydraulic fracturing, wireline operations, pumpdown services, natural gas fueling, and oilfield logistics, enabling energy producers to accelerate production in land basins through automation-enabled equipment and digital wellsite monitoring.
Contact Information
Website
www.nextierofs.com(Operating Subsidiary)
Corporate Office
- 3990 Rogerdale
- Houston, TX 77042
- United States
Corporate Office
- 3990 Rogerdale
- Houston, TX 77042
- United States
NexTier Completion Solutions Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
NexTier Completion Solutions Comparisons
Industry
Financing
Details
NexTier Completion Solutions Competitors (16)
One of NexTier Completion Solutions’s 16 competitors is ProPetro Holding, a Formerly PE-Backed company based in Midland, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ProPetro Holding | Formerly PE-Backed | Midland, TX | ||||
| Ranger Energy Services | Private Equity-Backed | Houston, TX | ||||
| ProFrac Holding | Formerly PE-Backed | Willow Park, TX | ||||
| Key Energy Services | Formerly VC-backed | Houston, TX | ||||
| Bronco Oilfield Services | Corporate Backed or Acquired | Houston, TX |
NexTier Completion Solutions Patents
NexTier Completion Solutions Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2018227036-A1 | Compositions and methods to optimize dust control in hydraulic fracturing | Inactive | 09-Jun-2017 | ||
| WO-2018026790-A1 | Hydraulic fracturing compositions including novel viscosifying systems and methods for making and using same | Inactive | 01-Aug-2016 | ||
| US-10256525-B2 | Antenna structure and wireless communication device using same | Active | 21-Jul-2016 | ||
| US-20180026336-A1 | Antenna structure and wireless communication device using same | Active | 21-Jul-2016 | ||
| US-2169322-A | Package receiving device | Inactive | 24-Feb-1937 | G07D11/0096 |
NexTier Completion Solutions Signals
NexTier Completion Solutions Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
NexTier Completion Solutions Investments & Acquisitions (8)
NexTier Completion Solutions’s most recent deal was a Merger/Acquisition with CIG Logistics for . The deal was made on 03-Aug-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| CIG Logistics | 03-Aug-2022 | Merger/Acquisition | Energy Transportation | ||
| Alamo Pressure Pumping | 31-Aug-2021 | Merger/Acquisition | Oil and Gas Equipment | ||
| C&J Energy Services | 31-Oct-2019 | Merger/Acquisition | Energy Infrastructure | ||
| Refinery Specialties (hydraulic fracturing and pump down business) | 24-Jul-2018 | Merger/Acquisition | Other Commercial Services | ||
| RockPile Energy Services | 03-Jul-2017 | Merger/Acquisition | Other Energy Services |
NexTier Completion Solutions Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| CIG Logistics | Fort Worth, TX | 2010 |
NexTier Completion Solutions FAQs
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When was NexTier Completion Solutions founded?
NexTier Completion Solutions was founded in 1973.
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Where is NexTier Completion Solutions headquartered?
NexTier Completion Solutions is headquartered in Houston, TX.
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What is the size of NexTier Completion Solutions?
NexTier Completion Solutions has 4,302 total employees.
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What industry is NexTier Completion Solutions in?
NexTier Completion Solutions’s primary industry is Other Energy Services.
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Is NexTier Completion Solutions a private or public company?
NexTier Completion Solutions is a Private company.
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What is the current valuation of NexTier Completion Solutions?
The current valuation of NexTier Completion Solutions is .
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What is NexTier Completion Solutions’s current revenue?
The current revenue for NexTier Completion Solutions is .
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How much funding has NexTier Completion Solutions raised over time?
NexTier Completion Solutions has raised $2.05B.
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Who are NexTier Completion Solutions’s investors?
Cerberus Capital Management and Trican Well Service have invested in NexTier Completion Solutions.
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Who are NexTier Completion Solutions’s competitors?
ProPetro Holding, Ranger Energy Services, ProFrac Holding, Key Energy Services, and Bronco Oilfield Services are some of the 16 competitors of NexTier Completion Solutions.
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When was NexTier Completion Solutions acquired?
NexTier Completion Solutions was acquired on 01-Sep-2023.
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Who acquired NexTier Completion Solutions?
NexTier Completion Solutions was acquired by Patterson-UTI Energy.
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