NextMart, Inc.
NXMR
Other OTC0.00
USD
- -
- -
NextMart, Inc.
NXMR
(Other OTC)
Recent
price
0.00
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- NextMart, Inc. operates primarily in the oilfield services industry through its subsidiary Emco Oilfield Services, LLC. The company provides a comprehensive range of oilfield services including salt water and freshwater hauling, hydro-vac services, pressure control and flowback, solids control, drilling cuttings removal and disposal, oilfield construction, tank and pit cleaning, rig and tank steam cleaning, hotshot delivery, winch truck heavy hauling, and frac tank rentals. NextMart's operations predominantly focus on servicing the Permian Basin area, covering Western Texas and Eastern New Mexico, and it serves over 68 oilfield clients including major oil companies such as ExxonMobil's subsidiary XTO Energy, Chevron, ConocoPhillips, Occidental Petroleum, and independent public oil companies like EOG Resources, Devon Energy, Cimarex, and Noble Energy. The company was founded in 1972 and is headquartered in Scottsdale, Arizona. In the last 1-2 years, NextMart has undergone significant strategic developments, including the acquisition of Two Brothers Services, LLC, a New Mexico-based oilfield services company operating in the Permian Basin, which has expanded its operational capabilities. Furthermore, NextMart has been actively engaging in efforts to maintain compliance and enhance transparency as reflected by achieving "Pink Sheet Current" status with OTC Markets after completing all requisite financial disclosures for fiscal years 2019 through 2021. The company has also announced leadership changes, with the appointment of William Bouyea as CEO, who is steering the company towards acquiring additional assets and pursuing growth opportunities, including exploring new subsidiaries and industries. These moves mark a transition from a shell company towards active operations and market presence enhancement. NextMart also retains a background in art-themed product design, art events, and art-themed real estate development, although its current core focus has shifted towards the energy sector. The transition underscores NextMart’s strategic pivot towards oilfield services, reflecting its focus on expanding service offerings and client base within the U.S. energy market. This pivot is supported by its subsidiary-based operational model and a growing client roster in a key domestic energy production region. The company’s headquarters are located in Scottsdale, Arizona, and it continues to explore acquisitions and strategic initiatives to bolster its market position and revenue streams.
Contrasting eBay (NASDAQ:EBAY) and NextMart (OTCMKTS:NXMR)
Head to Head Contrast: Bed Bath & Beyond (NYSE:BBBY) vs. NextMart (OTCMKTS:NXMR)
NextMart, Inc. (NXMR) Announces Initial Entry Into The USD $54+ Billion Water And Wastewater Treatment Market