Financial insights of NE-WT

MyFinsight

For the quarter ending 2026-03-31, NE-WT made $785,690K in revenue. $120,725K in net income. Net profit margin of 15.37%.

Income Statement	2026-03-31	2025-12-31	2025-09-30
Operating revenues	785,690	891,517*	798,017
Cost of services-Oil And Gas Service	450,125	475,869*	479,894
Cost of services-Service Other	30,112	44,748*	30,547
Depreciation and amortization	137,340	143,689*	147,260
General and administrative	30,048	33,244*	33,301
Merger and integration costs	2,615	19,947*	2,145
(loss) gain on sale of operating assets, net	89,858	-9,110*	6,232
Gain on impairment	-	-99,442*	60,702
Hurricane losses and (recoveries), net	-	0*	-
Total operating costs and expenses	560,382	627,165*	747,617
Operating income (loss)	225,308	264,352*	50,400
Interest expense, net of amounts capitalized	40,559	40,933*	40,490
Gain (loss) on extinguishment of debt, net	726	0*	-
Interest income and other, net	8,197	17,775*	726
Gain on bargain purchase	-	0*	-
Income (loss) before income taxes	193,672	241,194*	10,636
Income tax benefit (provision)	72,947	-38,808*	31,731
Net income (loss)	120,725	280,002	-21,095

Basic EPS	0.76	1.762	-0.13
Diluted EPS	0.75	1.733	-0.13
Basic Average Shares	159,219,000	158,910,000	158,834,000
Diluted Average Shares	161,579,000	161,570,000	158,834,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.