NexTier Oilfield Solutions, Inc. (NEX) provides integrated land-based completion and innovative solutions focused on accelerating production across various active and demanding basins in the U.S. As an industry-leading American oilfield service company, it is currently listed on NYSE among the stocks with the strongest relative price strength in the market and outpacing its Oil Energy peers in 2022.

a- identify and discuss the primary financial risks that NexTier is exposed to. Since NexTier is a listed company, the company research can be accomplished through its financial reports and documents publicly available on the companys website and Eikon.

b-Determine and elaborate on why NexTier should hedge and why it shouldnt hedge its commodity price risk.

c-Explain to your non-technical client how the practice of financial risk management is similar to hedging and how it is different.

refer-website of NexTier and Eikon