NEX Stock Price Loses Momentary Gain at the Weekend Close

NEX Stock Price Loses Momentary Gain at the Weekend Close

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NexTier Oilfield Solutions announced a merger with Patterson UTI.
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The company shares closed at $8.84 in yesterday’s trading session.
Global oil and gas production is going through a rough patch, majorly due to declining natural supply. Shares of NexTier Oilfield Solutions (NYSE: NEX), a wells completions service provider, witnessed volatility in momentum over a span of two days. NEX stock closed over 7% down yesterday since its previous close.
The Merger May Produce Largest Pressure Pumper in North America
Reuters reported that the company has announced a merger with Patterson UTI, a land drilling and pressure pumping service …
 

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