National Energy Services Reunited Corp. (NESR)

NASDAQ: NESR · Delayed Price · USD
6.31
-0.27 (-4.10%)
At close: May 18, 2022 4:00 PM
6.34
0.03 (0.48%)
After-hours:May 18, 2022 4:47 PM EDT
Market Cap576.49M
Revenue (ttm)878.52M
Net Income (ttm)37.74M
Shares Out91.36M
EPS (ttm)0.41
PE Ratio15.50
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume312,022
Open6.58
Previous Close6.58
Day's Range6.15 - 6.70
52-Week Range6.15 - 15.95
Beta0.73
AnalystsBuy
Price Target15.81 (+150.6%)
Earnings DateMar 21, 2022

About NESR

National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The 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 s...

IndustryEnergy Equipment & Services
IPO DateMay 12, 2017
Employees5,581
Stock ExchangeNASDAQ
Ticker SymbolNESR
Full Company Profile

Financial Performance

In 2020, NESR's revenue was $834.15 million, an increase of 26.70% compared to the previous year's $658.39 million. Earnings were $50.09 million, an increase of 27.24%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for NESR stock is "Buy." The 12-month stock price forecast is 15.81, which is an increase of 150.55% from the latest price.

Price Target
$15.81
(150.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

National Energy Services Reunited Corp. to Participate in Upcoming Conferences

HOUSTON, TX / ACCESSWIRE / May 18, 2022 / National Energy Services Reunited Corp. ("NESR" or "the Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energy ...

14 hours ago - Accesswire

National Energy Services Reunited Corp. Announces Receipt of Notice from Nasdaq Regarding Late Filing of Annual Repor...

HOUSTON, TX / ACCESSWIRE / May 11, 2022 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy servic...

1 week ago - Accesswire

Why Schlumberger, Core Laboratories, and National Energy Services Reunited Plunged Today

Oil plunged on fresh Chinese lockdown worries.

Other symbols:CLBSLB
3 weeks ago - The Motley Fool

Cairn Awards NESR Integrated Production Services Contract in India

HOUSTON, TX / ACCESSWIRE / April 12, 2022 / National Energy Services Reunited Corp. ("NESR" or "the Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated energ...

1 month ago - Accesswire

NESR Announces Update on Previously Issued Financial Statements and Full Year Revenue of 2021

HOUSTON, TX / ACCESSWIRE / March 14, 2022 / On March 10, 2022, subsequent to the companywide adoption of a new SAP ERP system and the ensuing ongoing reconciliation process, the management of National E...

2 months ago - Accesswire

NESR Announces Appointment of Stefan Angeli as CFO, Reschedules Earnings Conference Call

HOUSTON, TX / ACCESSWIRE / February 8, 2022 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy se...

3 months ago - Accesswire

National Energy Services Reunited Corp. to Release Fourth Quarter Financial Results on February 9th

HOUSTON, TX / ACCESSWIRE / January 26, 2022 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR) (NASDAQ:NESRW), a national, industry-leading provider of integrated energy s...

3 months ago - Accesswire

New Strong Sell Stocks for January 6th

CPSI, GRFS, LE, and NESR have been added to the Zacks Rank #5 (Strong Sell) List on January 6, 2022

Other symbols:CPSIGRFSLE
4 months ago - Zacks Investment Research

NESR Pockets Over $100M Of Contract Awards In North Africa

National Energy Services Reunited Corp (NASDAQ: NESR) has received multiple contract awards worth ~$100 million over three years commencing in 2022 and evenly split between the Production and Drilling a...

4 months ago - Benzinga

NESR Announces More Than $100 Million of Contract Awards in North Africa

HOUSTON, TX / ACCESSWIRE / January 3, 2022 / National Energy Services Reunited Corp. ("NESR") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the Midd...

4 months ago - Accesswire

NESR and HSBC Announce First Sustainability-Linked Loan for MENA's Oilfield Services Industry

HOUSTON, TX / ACCESSWIRE / December 9, 2021 / National Energy Services Reunited Corp. ("NESR" or "the Company") (NASDAQ:NESR)(NASDAQ:NESRW), an international, industry-leading provider of integrated ene...

5 months ago - Accesswire

NESR & Kinetic Pressure Control Announce Successful K-BOS Campaign In MEA

ABU DHABI, UNITED ARAB EMIRATES / ACCESSWIRE / November 16, 2021 / National Energy Services Reunited Corp. ("NESR") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energ...

6 months ago - Accesswire

SCF Ventures Announces Investment in Qube Technologies, a Provider of Continuous Emissions Monitoring Technology

CALGARY, Alberta--(BUSINESS WIRE)--SCF Ventures (“SCFV”) is pleased to announce its investment in Qube Technologies (“Qube”), a provider of continuous emissions monitoring technology that enables oil an...

6 months ago - Business Wire

NESR Announces Investment In Qube Technologies For Methane Emissions Monitoring

ABU DHABI, UNITED ARAB EMIRATES / ACCESSWIRE / November 15, 2021 / National Energy Services Reunited Corp. ("NESR") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energ...

6 months ago - Accesswire

National Energy Services Reunited Corp. Reports Third Quarter 2021 Financial Results

HOUSTON, TX / ACCESSWIRE / November 3, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy se...

6 months ago - Accesswire

National Energy Services Reunited Corp. to Release Third Quarter Financial Results on November 3rd

HOUSTON, TX / ACCESSWIRE / October 13, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy se...

7 months ago - Accesswire

NESR Secures Multiple D&E Awards For More Than $150M

HOUSTON, TX / ACCESSWIRE / October 11, 2021 / National Energy Services Reunited Corp. ("NESR") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the Mid...

7 months ago - Accesswire

NESR and Ulterra Announce Partnership in the Middle East

HOUSTON, TX / ACCESSWIRE / September 15, 2021 / National Energy Services Reunited Corp. ("NESR") (NASDAQ:NESR) (NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the ...

8 months ago - Accesswire

NESR Joins the United Nations Global Compact

HOUSTON, TX / ACCESSWIRE / September 8, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy s...

8 months ago - Accesswire

NESR and Cactus Announce Collaboration in the Middle East

HOUSTON, TX / ACCESSWIRE / September 7, 2021 / National Energy Services Reunited Corp. ("NESR") (NASDAQ:NESR) (NASDAQ:NESRW), a national, industry-leading provider of integrated energy services in the M...

Other symbols:WHD
8 months ago - Accesswire

Cactus and NESR Announce Collaboration in the Middle East

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (“Cactus”) (NYSE: WHD), a leading provider of wellhead and pressure control equipment, and National Energy Services Reunited Corp. (“NESR”) (NASDAQ: NESR) (NASDAQ:...

Other symbols:WHD
8 months ago - Business Wire

National Energy Services Reunited Corp. to Participate in Upcoming Conferences

HOUSTON, TX / ACCESSWIRE / August 31, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy ser...

8 months ago - Accesswire

National Energy Services Reunited Corp. Reports Second Quarter 2021 Financial Results

HOUSTON, TX / ACCESSWIRE / August 4, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy serv...

9 months ago - Accesswire

New Strong Sell Stocks for July 29th

ABCM, CCJ, EBMT, MRTN and NESR have been added to the Zacks Rank #5 (Strong Sell) List on July 29, 2021.

Other symbols:ABCMCCJEBMTMRTN
9 months ago - Zacks Investment Research

National Energy Services Reunited Corp. to Release Second Quarter Financial Results on August 4th

HOUSTON, TX / ACCESSWIRE / July 8, 2021 / National Energy Services Reunited Corp. ("NESR" or the "Company") (NASDAQ:NESR)(NASDAQ:NESRW), a national, industry-leading provider of integrated energy servic...

10 months ago - Accesswire