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 7,296 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
We haven’t received any recent analyst ratings for NESR.
Financial journalist opinion
Based on 5 articles about NESR published over the past 30 days
Neutral
Seeking Alpha
1 week 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 week 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 week 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 weeks 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
3 weeks 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.
Neutral
Accesswire
1 month ago
NESR Awarded $200 Million in New Slickline Contracts Across Multiple Countries
HOUSTON, TX / ACCESS Newswire / April 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 multiple, five-year Slickline contract awards in Kuwait and Oman. Totaling US$200 million, the multiyear contracts represent new awards in a key growth service line within NESR's Drilling & Evaluation ("D&E") segment.
Neutral
Accesswire
1 month ago
NESR Begins Construction of 180,000m(2) Facility at King Salman Energy Park (SPARK)
The state-of-the-art facility will be a key asset in Saudi Arabia's energy sector, offering advanced oilfield services and creating jobs opportunities KING SALMAN ENERGY PARK, SAUDI ARABIA / ACCESS Newswire / April 21, 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, proudly announces the start of construction on its cutting-edge industrial facility at King Salman Energy Park ("SPARK"), a leading energy industrial ecosystem strategically located at the heart of the global energy market. The Company previously announced a groundbreaking event earlier this year in February, enabling a fast-paced approach to the building of its 180,000 m² state-of-the-art facility set to transform the region's oilfield services landscape.
Neutral
Accesswire
2 months ago
NESR to Participate in Water Tower Research Fireside Chat on April 10 at 11am ET
HOUSTON, TX / ACCESS Newswire / April 9, 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 that Chairman & CEO Sherif Foda will participate in a fireside chat with Water Tower Research ("WTR") tomorrow, April 10th, 2025, at 11am ET. Jeff Robertson, Managing Director and analyst covering Natural Resources at WTR, will lead a wide-ranging discussion with Sherif covering the background of NESR, the Company's unique position as a diversified energy services provider in the MENA region, its strategic growth ambitions, new technology, and other topical market developments.
Neutral
GlobeNewsWire
2 months ago
Water Tower Research Publishes Initiation of Coverage Report on National Energy Services Reunited Corp., “Exposed to the World's Steadiest Oilfield Service Markets”
Water Tower Research has published an Initiation of Coverage Report on National Energy Services Reunited Corp. (NASDAQ: NESR) titled, “Exposed to the World's Steadiest Oilfield Service Markets”. Water Tower Research has published an Initiation of Coverage Report on National Energy Services Reunited Corp. (NASDAQ: NESR) titled, “Exposed to the World's Steadiest Oilfield Service Markets”.
Neutral
Seeking Alpha
3 months ago
National Energy Services Reunited Corp. (NESR) Q4 2024 Earnings Call Transcript
National Energy Services Reunited Corp. (NASDAQ:NESR ) Q4 2024 Earnings Conference Call March 12, 2025 8:00 AM ET Company Participants Blake Gendron - Vice President of Investor Relations Sherif Foda - Chairman and Chief Executive Officer Stefan Angeli - Chief Financial Officer Conference Call Participants David Anderson - Barclays Arun Jayaram - J.P. Morgan Jeff Robertson - Water Tower Research Arvind Sengar - Geosphere Capital Management John Ajay - Occam Crest Management Operator Greetings, and welcome to NESR Fourth Quarter 2024 Financial Results call.
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