National Energy Services Reunited logo

National Energy Services ReunitedNASDAQ: NESR

Profile

Sector:

Energy

Country:

United States

IPO:

05 June 2017

Next earnings report:

15 November 2024

Last dividends:

N/A

Next dividends:

N/A
$863.45 M
-26%vs. 3y high
38%vs. sector
-91%vs. 3y high
91%vs. sector
-16%vs. 3y high
30%vs. sector
-22%vs. 3y high
75%vs. sector

Price

regular market | Fri, 01 Nov 2024 13:30:00 GMT
$9.05-$0.15(-1.63%)

Dividend

No data over the past 3 years
$324.97 M$327.20 M
$324.97 M$18.87 M

Analysts recommendations

Institutional Ownership

NESR Latest News

NESR Company Presentation - Barclays CEO Energy-Power Conference
accesswire.com04 September 2024 Sentiment: POSITIVE

NEW YORK, NY / ACCESSWIRE / September 4, 2024 / National Energy Services Reunited Corp. ("NESR" or the "Company") (OTC PINK:NESR)(OTC PINK:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today at the Barclays CEO Energy-Power conference published a company presentation on the Investor Relations page of its website (www.nesr.com). Chairman & Chief Executive Officer, Sherif Foda, will be participating in a fireside chat with analysts at 1:15pm ET.

National Energy Services Reunited Corp. Reports Second Quarter and First Half 2024 Financial Results
accesswire.com29 August 2024 Sentiment: POSITIVE

Revenue for the quarter ended June 30, 2024 is $325.0 million, growing 15.9% year-over-year and 9.5% on a sequential quarter basis Net income for the quarter ended June 30, 2024 is $18.9 million, growing 870.3% year-over-year and 89.1% on a sequential quarter basis Adjusted EBITDA (a non-GAAP measure)* for the quarter ended June 30, 2024 is $78.7 million, growing 30.2% year-over-year and 22.5% on a sequential quarter basis Diluted Earnings per Share (EPS) for the quarter ended June 30, 2024 is $0.20, growing 900.0% year-over-year and 100.0% on a sequential quarter basis Operating cash flow for the six months ended June 30, 2024, is $112.3 million, improving 55.1% year-over-year Free cash flow (a non-GAAP measure)* for the six months ended June 30, 2024, is $59.6 million, improving 73.2% year-over-year   HOUSTON, TX / ACCESSWIRE / August 29, 2024 / National Energy Services Reunited Corp. ("NESR" or the "Company") (OTC PINK:NESR)(OTC PINK: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- and six-month periods ended June 30, 2024. The Company posted the following results for the periods presented: Three Months Ended Variance (in thousands except per share amounts and percentages) June 30, 2024 March 31, 2024 June 30, 2023 Sequential Year- over- year Revenue $ 324,969 $ 296,848 $ 280,311 9.5 % 15.9 % Net income 18,873 9,982 1,945 89.1 % 870.3 % Adjusted net income (non-GAAP)* 27,356 14,046 6,041 94.8 % 352.8 % Adjusted EBITDA (non-GAAP)* 78,655 64,216 60,411 22.5 % 30.2 % Diluted EPS 0.20 0.10 0.02 100.0 % 900.0 % Adjusted Diluted EPS (non-GAAP)* 0.29 0.15 0.07 93.3 % 314.3 % *The Company presents its financial results in accordance with generally accepted accounting principles in the United States of America ("GAAP").

NESR Announces Resignation of Board Member
accesswire.com07 June 2024 Sentiment: NEGATIVE

HOUSTON, TX / ACCESSWIRE / June 7, 2024 / National Energy Services Reunited Corp. ("NESR" or the "Company") (OTC PINK:NESR)(OTC PINK:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that on June 5th, 2024, the Board of Directors of NESR accepted the resignation of Board member, Mr. Thomas Wood, effective immediately.

What type of business is National Energy Services Reunited?

National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline and industrial services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems. This segment also provides production assurance chemicals; integrated project management projects; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology for steam applications, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources and treats water for oil and gas, municipal, and industrial use. Its Drilling and Evaluation Services segment offers drilling and workover rigs; rigs and integrated services; fishing and remediation solutions; directional and turbines drilling; drilling fluid systems and related technologies; wireline logging; slickline services for removal of scale, wax and sand build-up, setting plugs, changing out gas lift valves, and fishing and other well applications; and well testing services to measure solids, gas, and oil and water produced from well, as well as rents drilling tools. This segment also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. National Energy Services Reunited Corp. was incorporated in 2017 and is headquartered in Houston, Texas.

What sector is National Energy Services Reunited in?

National Energy Services Reunited is in the Energy sector

What industry is National Energy Services Reunited in?

National Energy Services Reunited is in the Oil & Gas Equipment & Services industry

What country is National Energy Services Reunited from?

National Energy Services Reunited is headquartered in United States

When did National Energy Services Reunited go public?

National Energy Services Reunited initial public offering (IPO) was on 05 June 2017

What is National Energy Services Reunited website?

https://www.nesr.com

Is National Energy Services Reunited in the S&P 500?

No, National Energy Services Reunited is not included in the S&P 500 index

Is National Energy Services Reunited in the NASDAQ 100?

No, National Energy Services Reunited is not included in the NASDAQ 100 index

Is National Energy Services Reunited in the Dow Jones?

No, National Energy Services Reunited is not included in the Dow Jones index

When was National Energy Services Reunited the previous earnings report?

No data

When does National Energy Services Reunited earnings report?

The next expected earnings date for National Energy Services Reunited is 15 November 2024