NESR
National Energy Services Reunited Corp. Ordinary SharesNESR
NESR
About: National Energy Services Reunited Corp is a British Virgin Islands-based company engaged in providing products and services to the oil and gas industry in the Middle East and North Africa and the Asia Pacific regions. The company has two reportable segments: Production Services including coil tubing, stimulation, and pumping, nitrogen services, completions, pipelines, cementing, laboratory services and filtration services; and Drilling and Evaluation Services including drilling and workover rigs, rig services, services, and well-testing services among others. Revenues are majorly derived from production services of an oil or natural gas well. It derives maximum revenue from Production services segment.
Employees: 6,000
0
Funds holding %
of 7,323 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
225% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 8
30% more funds holding
Funds holding: 61 [Q4 2024] → 79 (+18) [Q1 2025]
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
1.79% more ownership
Funds ownership: 41.18% [Q4 2024] → 42.97% (+1.79%) [Q1 2025]
14% less capital invested
Capital invested by funds: $352M [Q4 2024] → $302M (-$50.4M) [Q1 2025]
40% less funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 3 (-2) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$11
59%
upside
Avg. target
$11
59%
upside
High target
$11
59%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Piper Sandler Derek Podhaizer | 59%upside $11 | Overweight Initiated | 15 Jul 2025 |
Financial journalist opinion
Based on 4 articles about NESR published over the past 30 days
Neutral
Accesswire
2 days ago
NESR Secures Multiple Downhole Drilling Awards Totaling $100 Million in Kuwait
HOUSTON, TX / ACCESS Newswire / July 28, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR)(Nasdaq:NESRW) an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced multiple, five-year downhole drilling contract awards in Kuwait, totaling US$100 million. These incremental, multi-year awards span a number of Drilling & Evaluation ("D&E") segments, including Fishing & Remedial Services, Downhole Tools, Tubing & Casing Running, and scope for other advanced drilling services.
Neutral
Accesswire
3 weeks ago
National Energy Services Reunited Corp. Announces Completion of Exchange Offer and Consent Solicitation and Notice to Exercise Right to Exchange Remaining Outstanding Warrants
HOUSTON, TX / ACCESS Newswire / July 3, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, announced today the completion of its previously announced exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its outstanding warrants (the "Warrants") to purchase ordinary shares of the Company, no par value (the "Ordinary Shares"). The Company issued 3,413,645 Ordinary Shares in exchange for the Warrants tendered in the Offer.
Neutral
Accesswire
4 weeks ago
NESR Announces Expiration & Results of Exchange Offer and Consent Solicitation Relating to its Warrants
HOUSTON, TX / ACCESS Newswire / July 1, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, announced today the expiration and results of its previously announced exchange offer (the "Offer") and consent solicitation (the "Consent Solicitation") relating to its outstanding warrants (the "Warrants") to purchase ordinary shares of the Company, no par value (the "Ordinary Shares"). The Offer and Consent Solicitation expired at 11:59 P.M.
Neutral
Accesswire
4 weeks ago
NESR Joins Russell 2000(R) and Russell 3000(R) Indexes
HOUSTON, TX / ACCESS Newswire / June 30, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW) an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that the Company has joined the Russell 2000® Index and the Russell 3000® Index, effective as of the close of U.S. equity markets on June 27, 2025, as a result of the 2025 annual Russell Index reconstitution. The broad-market Russell 3000® Index includes the largest 3,000 U.S. public companies by market capitalization.
Neutral
Accesswire
1 month ago
NESR Announces Participation in Upcoming Investor Conferences & Industry Events
HOUSTON, TX / ACCESS Newswire / June 23, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR)(Nasdaq:NESRW) an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that the senior management team will participate in the following upcoming investor conferences and industry events: J.P. Morgan Energy, Power, Renewables & Mining Conference on 24-25 June - NYC, New York - NESR management will host 1x1 meetings with investors, and NESR CEO will participate in a fireside chat on June 25th from 11:30am-noon.
Neutral
Seeking Alpha
1 month ago
National Energy Services Reunited Corp. (NESR) Q1 2025 Earnings Call Transcript
National Energy Services Reunited Corp. (NASDAQ:NESR ) Q1 2025 Earnings Conference Call June 3, 2025 8:00 AM ET Company Participants Blake Geelhoed Gendron - Vice President of Investor Relations & NEDA Segment Sherif Foda - Executive Chairman & CEO Stefan Angeli - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Derek John Podhaizer - Piper Sandler & Co., Research Division Gregory Robert Lewis - BTIG, LLC, Research Division J. David Anderson - Barclays Bank PLC, Research Division Operator Greetings, and welcome to the NESR Reports First Quarter 2025 Financial Results Conference Call and Webcast.
Negative
Zacks Investment Research
1 month ago
National Energy Services Reunited (NESR) Misses Q1 Earnings and Revenue Estimates
National Energy Services Reunited (NESR) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago.
Neutral
Accesswire
1 month ago
National Energy Services Reunited Corp. Reports First Quarter Financial Results
Revenue for the quarter ended March 31, 2025, is $303.1 million, growing 2.1% year-over-year Net income for the quarter ended March 31, 2025, is $10.4 million, growing 4.1% year-over-year Adjusted EBITDA (a non-GAAP measure)* for the quarter ended March 31, 2025, is $62.5 million, as compared to $64.2 million for the quarter ended March 31, 2024 Diluted Earnings per Share (EPS) for the quarter ended March 31, 2025, is $0.11, growing 10.0% year-over-year Operating cash flow for the three months ended March 31, 2025, is $20.5 million HOUSTON, TX / ACCESS Newswire / June 3, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today reported its financial results as of and for the three months ended March 31, 2025. The Company posted the following results for the periods presented: Three Months Ended Variance (in thousands except per share amounts and percentages) March 31, 2025 December 31, 2024 March 31, 2024 Sequential Year-over-year Revenue $ 303,102 $ 343,682 $ 296,848 (11.8 )% 2.1 % Net income 10,391 26,837 9,982 (61.3 )% 4.1 % Adjusted net income (non-GAAP)* 12,963 28,140 14,046 (53.9 )% (7.7 )% Adjusted EBITDA (non-GAAP)* 62,463 87,219 64,216 (28.4 )% (2.7 )% Diluted EPS 0.11 0.28 0.10 (60.7 )% 10.0 % Adjusted Diluted EPS (non-GAAP)* 0.14 0.30 0.15 (53.3 )% (6.7 )% *The Company presents its financial results in accordance with generally accepted accounting principles in the United States of America ("GAAP").
Neutral
Accesswire
2 months ago
NESR to Release First Quarter 2025 Financial Results on June 3rd
HOUSTON, TX / ACCESS Newswire / May 29, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that it will release its financial results for the first quarter of 2025 on Tuesday, June 3, 2025. A conference call is scheduled for 8:00 AM ET on June 3, 2025, to discuss the financial results.
Neutral
Accesswire
2 months ago
National Energy Services Reunited Corp. Announces its Intention to Commence an Exchange Offer and Consent Solicitation
HOUSTON, TX / ACCESS Newswire / May 19, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR)(Nasdaq:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that it intends to commence (i) an exchange offer (the "Offer") relating to its outstanding warrants to purchase ordinary shares of the Company, no par value (the "Ordinary Shares"), which warrants trade on the Nasdaq Capital Market under the symbol "NESRW" (the "Warrants"), and (ii) a consent solicitation (the "Consent Solicitation") relating to its outstanding Warrants. The Company intends to offer, to all holders of the Warrants, the opportunity to receive 0.10 Ordinary Shares in exchange for each outstanding Warrant tendered by the holder and exchanged pursuant to the Offer.
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