National Energy Services Reunited Corp.

NasdaqCM:NESR Stock Report

Market Cap: US$786.5m

National Energy Services Reunited Management

Management criteria checks 2/4

National Energy Services Reunited's CEO is Sherif Foda, appointed in Jan 2017, has a tenure of 7.92 years. directly owns 1.01% of the company’s shares, worth $7.95M. The average tenure of the management team and the board of directors is 3.1 years and 6.5 years respectively.

Key information

Sherif Foda

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure7.9yrs
CEO ownership1.0%
Management average tenure3.1yrs
Board average tenure6.5yrs

Recent management updates

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?

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

CEO Compensation Analysis

How has Sherif Foda's remuneration changed compared to National Energy Services Reunited's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$52m

Jun 30 2024n/an/a

US$46m

Mar 31 2024n/an/a

US$29m

Dec 31 2023n/an/a

US$13m

Dec 31 2022n/an/a

-US$36m

Dec 31 2021n/an/a

-US$65m

Sep 30 2021n/an/a

US$37m

Jun 30 2021n/an/a

US$47m

Mar 31 2021n/an/a

US$50m

Dec 31 2020n/an/a

US$17m

Sep 30 2020n/an/a

US$38m

Jun 30 2020n/an/a

US$37m

Mar 31 2020n/an/a

US$38m

Dec 31 2019n/an/a

US$39m

Sep 30 2019n/an/a

US$84m

Jun 30 2019n/an/a

US$91m

Mar 31 2019n/an/a

US$76m

Dec 31 2018US$1mUS$479k

US$60m

Compensation vs Market: Insufficient data to establish whether Sherif's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Insufficient data to compare Sherif's compensation with company performance.


CEO

Sherif Foda (55 yo)

7.9yrs

Tenure

Mr. Sherif Foda has been the Chairman and Chief Executive Officer of National Energy Services Reunited Corp. since January 23, 2017 and serves as its Executive Chairman. Mr. Foda was Chairman of National E...


Leadership Team

NamePositionTenureCompensationOwnership
Sherif Foda
Executive Chairman & CEO7.9yrsno data1.01%
$ 8.0m
Stefan Angeli
Chief Financial Officer2.8yrsno datano data
Salih Merghani
Vice President of Operations5.9yrsno datano data
Blake Gendron
Vice President of Investor Relations & NEDA Segment3.4yrsno datano data
Jennifer Howard
General Counselless than a yearno datano data
Chahira Barnat
Treasury Director1.2yrsno datano data

3.1yrs

Average Tenure

Experienced Management: NESR's management team is considered experienced (3.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sherif Foda
Executive Chairman & CEO7.9yrsno data1.01%
$ 8.0m
Andrew Waite
Independent Director6.5yrsUS$70.00k0.044%
$ 346.9k
Anthony Chase
Independent Director2.5yrsno datano data
Antonio Jose Mejia
Independent Lead Director7.6yrsUS$65.00k0.76%
$ 6.0m
Yousef Al Nowais
Independent Director5.1yrsno datano data

6.5yrs

Average Tenure

67yo

Average Age

Experienced Board: NESR's board of directors are considered experienced (6.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 14:15
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
J. David AndersonBarclays
J. David AndersonBarclays
Igor LeviBTIG