NESR Stock Overview
Provides oilfield services in the Middle East and North Africa region. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for NESR from our risk checks.
My Notes
Capture your thoughts, links and company narrative
National Energy Services Reunited Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.79 |
| 52 Week High | US$10.30 |
| 52 Week Low | US$5.00 |
| Beta | 0.45 |
| 1 Month Change | -0.57% |
| 3 Month Change | -2.98% |
| 1 Year Change | 44.10% |
| 3 Year Change | -10.94% |
| 5 Year Change | -1.84% |
| Change since IPO | -7.57% |
Recent News & Updates
Recent updates
National Energy Services Reunited Corp. (NASDAQ:NESR) Shares Could Be 34% Below Their Intrinsic Value Estimate
Aug 24
NESR agrees to acquire minority stake in W. D. Von Gonten Engineering LLC in a stock deal
Jul 18National Energy Services Reunited signs agreement to expand manufacturing in UAE
Jun 29Is There An Opportunity With National Energy Services Reunited Corp.'s (NASDAQ:NESR) 47% Undervaluation?
Jan 13Is National Energy Services Reunited (NASDAQ:NESR) Using Too Much Debt?
Dec 16An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 44% Undervalued
Oct 04National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet
Sep 16National Energy Services Reunited's (NASDAQ:NESR) Promising Earnings May Rest On Soft Foundations
Jul 16National Energy Services Reunited Corp.'s (NASDAQ:NESR) Intrinsic Value Is Potentially 86% Above Its Share Price
Jun 21Does National Energy Services Reunited (NASDAQ:NESR) Deserve A Spot On Your Watchlist?
Jun 07NESR bags contracts worth $150M from international oil companies in the MENA region
Jun 02National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet
May 22Should You Be Adding National Energy Services Reunited (NASDAQ:NESR) To Your Watchlist Today?
Mar 05These 4 Measures Indicate That National Energy Services Reunited (NASDAQ:NESR) Is Using Debt Extensively
Feb 16
The National Energy Services Reunited (NASDAQ:NESR) Share Price Is Up 40% And Shareholders Are Holding On
Jan 26An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 37% Undervalued
Jan 05Have Insiders Been Selling National Energy Services Reunited Corp. (NASDAQ:NESR) Shares?
Dec 15National Energy Services Reunited Corp. (NASDAQ:NESR) Delivered A Weaker ROE Than Its Industry
Nov 24National Energy Services Reunited EPS in-line, beats on revenue
Oct 28Shareholder Returns
| NESR | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 3.9% | 2.1% | 0.6% |
| 1Y | 44.1% | -11.9% | 23.7% |
Return vs Industry: NESR exceeded the US Energy Services industry which returned -11.9% over the past year.
Return vs Market: NESR exceeded the US Market which returned 23.7% over the past year.
Price Volatility
| NESR volatility | |
|---|---|
| NESR Average Weekly Movement | 6.1% |
| Energy Services Industry Average Movement | 6.3% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NESR has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NESR's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 6,231 | Sherif Foda | www.nesr.com |
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.
National Energy Services Reunited Corp. Fundamentals Summary
| NESR fundamental statistics | |
|---|---|
| Market cap | US$825.62m |
| Earnings (TTM) | US$51.73m |
| Revenue (TTM) | US$1.27b |
16.2x
P/E Ratio0.7x
P/S RatioIs NESR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NESR income statement (TTM) | |
|---|---|
| Revenue | US$1.27b |
| Cost of Revenue | US$1.07b |
| Gross Profit | US$193.91m |
| Other Expenses | US$142.17m |
| Earnings | US$51.73m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.54 |
| Gross Margin | 15.32% |
| Net Profit Margin | 4.09% |
| Debt/Equity Ratio | 47.1% |
How did NESR perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:21 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
National Energy Services Reunited Corp. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| J. David Anderson | Barclays |
| J. David Anderson | Barclays |
| Igor Levi | BTIG |