The first IPO alert of 2018. Today, we take a look at Nine Energy Service.

So let’s run through the prospectus

Losing money. A combination of firms- booo-

Proceeds used to pay credit facility- Nooo-

Return on invested capital- interesting-

Risk factors- So many-

Basically, better hope that the oil/ natural gas cycle is good-

The good, the main sponsor, SCF Partners has experience on launching oil field related firms 😀

Losing money everywhere- revenue is volatile-

Prospectus quite long-


I would not invest something that I have little knowledge of-

Remember risk comes from not knowing what you are doing-

Hope everyone has a blessed 2018!