Author argues Nine Energy Service is deeply undervalued based on its $600M revenue versus $17M market cap and could reprice sharply higher.
Unpriced research observations (excluded from Calls and Returns):
NINE — LONG The author argues NINE is undervalued because it has about $600M in revenue but only a $17M market capitalization, creating a large valuation disconnect. He expects the gap to correct quickly, claiming the stock could multiply tenfold in one day at the open. The company's oil and gas well completion services provide the business activity behind the upside. resolved_asset_type_mismatch
NINE has $600M in revenue with a market capitalization of $17M—that's just insane! It could multiply tenfold in one day at the OPEN.