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National Energy Services Reunited NasdaqCM:NESR Stock Report

Last Price

US$8.61

Market Cap

US$837.7m

7D

-0.6%

1Y

64.0%

Updated

20 Nov, 2024

Data

Company Financials +

National Energy Services Reunited Corp.

NasdaqCM:NESR Stock Report

Market Cap: US$837.7m

National Energy Services Reunited Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for National Energy Services Reunited
Historical stock prices
Current Share PriceUS$8.61
52 Week HighUS$10.30
52 Week LowUS$3.80
Beta0.51
11 Month Change-8.89%
3 Month Change1.29%
1 Year Change64.00%
33 Year Change-18.47%
5 Year Change-3.26%
Change since IPO-9.46%

Recent News & Updates

Recent updates

National Energy Services Reunited Corp. (NASDAQ:NESR) Shares Could Be 34% Below Their Intrinsic Value Estimate

Aug 24
National Energy Services Reunited Corp. (NASDAQ:NESR) Shares Could Be 34% Below Their Intrinsic Value Estimate

NESR agrees to acquire minority stake in W. D. Von Gonten Engineering LLC in a stock deal

Jul 18

National Energy Services Reunited signs agreement to expand manufacturing in UAE

Jun 29

Is There An Opportunity With National Energy Services Reunited Corp.'s (NASDAQ:NESR) 47% Undervaluation?

Jan 13
Is There An Opportunity With National Energy Services Reunited Corp.'s (NASDAQ:NESR) 47% Undervaluation?

Is National Energy Services Reunited (NASDAQ:NESR) Using Too Much Debt?

Dec 16
Is National Energy Services Reunited (NASDAQ:NESR) Using Too Much Debt?

An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 44% Undervalued

Oct 04
An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 44% Undervalued

National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet

Sep 16
National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet

National Energy Services Reunited's (NASDAQ:NESR) Promising Earnings May Rest On Soft Foundations

Jul 16
National Energy Services Reunited's (NASDAQ:NESR) Promising Earnings May Rest On Soft Foundations

National Energy Services Reunited Corp.'s (NASDAQ:NESR) Intrinsic Value Is Potentially 86% Above Its Share Price

Jun 21
National Energy Services Reunited Corp.'s (NASDAQ:NESR) Intrinsic Value Is Potentially 86% Above Its Share Price

Does National Energy Services Reunited (NASDAQ:NESR) Deserve A Spot On Your Watchlist?

Jun 07
Does National Energy Services Reunited (NASDAQ:NESR) Deserve A Spot On Your Watchlist?

NESR bags contracts worth $150M from international oil companies in the MENA region

Jun 02

National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet

May 22
National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet

Should You Be Adding National Energy Services Reunited (NASDAQ:NESR) To Your Watchlist Today?

Mar 05
Should You Be Adding National Energy Services Reunited (NASDAQ:NESR) To Your Watchlist Today?

These 4 Measures Indicate That National Energy Services Reunited (NASDAQ:NESR) Is Using Debt Extensively

Feb 16
These 4 Measures Indicate That National Energy Services Reunited (NASDAQ:NESR) Is Using Debt Extensively

The National Energy Services Reunited (NASDAQ:NESR) Share Price Is Up 40% And Shareholders Are Holding On

Jan 26
The National Energy Services Reunited (NASDAQ:NESR) Share Price Is Up 40% And Shareholders Are Holding On

An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 37% Undervalued

Jan 05
An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 37% Undervalued

Have Insiders Been Selling National Energy Services Reunited Corp. (NASDAQ:NESR) Shares?

Dec 15
Have Insiders Been Selling National Energy Services Reunited Corp. (NASDAQ:NESR) Shares?

National Energy Services Reunited Corp. (NASDAQ:NESR) Delivered A Weaker ROE Than Its Industry

Nov 24
National Energy Services Reunited Corp. (NASDAQ:NESR) Delivered A Weaker ROE Than Its Industry

National Energy Services Reunited EPS in-line, beats on revenue

Oct 28

Shareholder Returns

NESRUS Energy ServicesUS Market
7D-0.6%1.0%-1.0%
1Y64.0%-2.5%30.3%

Return vs Industry: NESR exceeded the US Energy Services industry which returned -4.6% over the past year.

Return vs Market: NESR exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is NESR's price volatile compared to industry and market?
NESR volatility
NESR Average Weekly Movement7.0%
Energy Services Industry Average Movement6.4%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20176,231Sherif Fodawww.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

How do National Energy Services Reunited's earnings and revenue compare to its market cap?
NESR fundamental statistics
Market capUS$837.69m
Earnings (TTM)US$51.73m
Revenue (TTM)US$1.27b

15.9x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NESR income statement (TTM)
RevenueUS$1.27b
Cost of RevenueUS$1.07b
Gross ProfitUS$193.91m
Other ExpensesUS$142.17m
EarningsUS$51.73m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.54
Gross Margin15.32%
Net Profit Margin4.09%
Debt/Equity Ratio46.9%

How did NESR perform over the long term?

See historical performance and comparison