Nine Energy Stock to Trade on NYSE American Following Bankruptcy
Nine Energy Service, a Houston-based provider of onshore completion solutions with operations in a number of shale basins, including major operations in the Marcellus/Utica, received court approval for a prepackaged Chapter 11 bankruptcy plan earlier this month (see Judge Approves Nine Energy’s Pre-Packaged Chapter 11 Bankruptcy). The company announced yesterday that its stock will begin trading on the NYSE American Exchange on March 31. Read More “Nine Energy Stock to Trade on NYSE American Following Bankruptcy”

Nine Energy Service, a Houston-based provider of onshore completion solutions with operations in a number of shale basins, including major operations in the Marcellus/Utica, received court approval for its prepackaged Chapter 11 bankruptcy plan on March 4. The company filed for protection in the Southern District of Texas on February 1, 2026, seeking to address a heavy debt load largely resulting from its 2018 acquisition of Magnum Oil Tools (see 


Nine Energy Service, an oilfield services company that competes with companies like Halliburton and Baker Hughes, operates in a number of shale basins, including the Marcellus/Utica. Last October Nine bulked up by buying out Magnum Oil Tools, a “downhole technology” company (see
Nine Energy Service, an oilfield services company that competes with companies like Halliburton and Baker Hughes, operates in a number of shale basins, including the Marcellus/Utica. Magnum Oil Tools is a “downhole technology” company providing completions products including dissolvable frac plugs and a number of other patented inventions. Magnum also has operations in the Marcellus/Utica. Yesterday Nine announced it is buying out and merging in Magnum in a deal worth $493 million.