Nine Energy Service Board Restructures After Resignation
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Nine Energy Service ( (NINE) ) has shared an announcement.
On November 9, 2025, Richard A. Burnett resigned from the board of directors of Nine Energy Service, Inc., with no disagreements regarding the company’s operations or policies. Following his resignation, the board was reduced from six to five members, and Scott E. Schwinger was appointed as the Chair of the Board’s Audit Committee, effective November 10, 2025.
The most recent analyst rating on (NINE) stock is a Hold with a $0.50 price target. To see the full list of analyst forecasts on Nine Energy Service stock, see the NINE Stock Forecast page.
Spark’s Take on NINE Stock
According to Spark, TipRanks’ AI Analyst, NINE is a Neutral.
Nine Energy Service’s overall stock score is low due to significant financial challenges, including negative profitability and high leverage. Technical indicators are bearish, and the valuation is unattractive with a negative P/E ratio. Despite some international growth, the company’s financial health and market position remain concerning.
To see Spark’s full report on NINE stock, click here.
More about Nine Energy Service
Average Trading Volume: 1,334,288
Technical Sentiment Signal: Sell
Current Market Cap: $20.25M
Find detailed analytics on NINE stock on TipRanks’ Stock Analysis page.
