National Energy Services Reunited Corp. NESR R2K
National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa. 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 production 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. The 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, descaling, wax and sand cleanout, plug setting, gas lift valve changeout, fishing and other complex well applications; and well testing services to measure solids, gas, and oil and water produced from well, as well as drilling tools and machine shop services. 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.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 13.3% over 5 years.
- Profit CAGR of 80.1% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
No notable concerns flagged.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NESR National Energy Services Reunited Corp. R2K | 24.35 | 38.05 | $2.46B | - | 7.45% | 6.74% | 13.34% | 80.13% |
| 2 | XOM Exxon Mobil Corporation SPX | 145.26 | 24.45 | $602.10B | 2.84% | 11.12% | 9.87% | -6.69% | -19.72% |
| 3 | CVX Chevron Corporation SPX | 182.46 | 31.73 | $363.39B | 3.90% | 7.21% | 6.64% | -7.85% | -29.74% |
| 4 | COP ConocoPhillips SPX | 113.98 | 19.32 | $138.86B | 2.95% | 12.63% | 11.28% | -9.11% | -24.66% |
| 5 | WMB The Williams Companies, Inc. SPX | 71.39 | 31.31 | $87.31B | 2.94% | 9.66% | 19.66% | 2.91% | 8.51% |
| 6 | SLB SLB N.V. SPX | 54.55 | 24.03 | $81.56B | 2.16% | 12.08% | 14.07% | 8.33% | -0.65% |
| 7 | VLO Valero Energy Corporation SPX | 244.82 | 17.88 | $72.70B | 1.96% | 8.12% | 15.85% | -11.40% | -41.16% |
| 8 | MPC Marathon Petroleum Corporation SPX | 248.77 | 16.37 | $72.63B | 1.57% | 13.11% | 27.46% | -9.23% | -34.67% |
| 9 | EOG EOG Resources, Inc. SPX | 133.38 | 13.13 | $71.04B | 3.06% | 14.00% | 18.20% | -8.51% | -13.74% |
Quarterly Results
Figures in USD.
| Metric | Mar 2017 | Jun 2017 | Sep 2017 | Mar 2018 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | 303.10M | 327.37M | 295.31M | 398.26M | 404.59M |
| Cost of Revenue | - | - | - | - | 265.65M | 283.48M | 259.95M | 350.23M | 352.75M |
| Gross Profit | - | - | - | - | 37.45M | 43.88M | 35.36M | 48.03M | 51.83M |
| Operating Expenses | - | - | - | - | 16.51M | 16.79M | 15.75M | 17.35M | 15.80M |
| Operating Income | -5.74K | -76.85K | -473.87K | -2.56M | 20.94M | 27.09M | 19.61M | 30.68M | 36.03M |
| EBITDA | - | - | - | - | 58.03M | 63.91M | 54.93M | 57.76M | 71.26M |
| Interest Expense | - | - | - | - | 8.28M | 8.56M | 8.13M | 7.54M | 6.54M |
| Pretax Income | - | - | - | - | 13.72M | 19.47M | 12.24M | 14.98M | 30.94M |
| Tax Provision | - | - | - | - | 3.33M | 4.27M | -5.50M | 7.17M | 7.11M |
| Net Income | -5.74K | 299.17K | -31.05K | -1.85M | 10.39M | 15.20M | 17.74M | 7.80M | 23.83M |
| Diluted EPS | - | - | - | - | 0.11 | 0.16 | 0.18 | 0.08 | 0.23 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Revenue | - | - | 909.52M | 1.15B | 1.30B | 1.32B |
| Cost of Revenue | - | - | 844.04M | 997.26M | 1.09B | 1.16B |
| Gross Profit | - | - | 65.48M | 148.65M | 208.67M | 164.73M |
| Operating Expenses | - | - | 66.39M | 67.95M | 70.97M | 66.41M |
| Operating Income | -4.21M | - | -917.00K | 80.70M | 137.70M | 98.32M |
| EBITDA | - | - | 120.17M | 217.90M | 278.16M | 234.64M |
| Interest Expense | - | - | 34.13M | 45.83M | 39.88M | 32.51M |
| Pretax Income | - | - | -29.80M | 29.85M | 95.50M | 60.40M |
| Tax Provision | - | - | 6.62M | 17.27M | 19.19M | 9.27M |
| Net Income | -2.86M | - | -36.42M | 12.58M | 76.31M | 51.13M |
| Diluted EPS | - | - | -0.39 | 0.13 | 0.80 | 0.52 |
Compounded Sales Growth
| 5 Years: | 13.34% |
| 1 Year: | 33.50% |
Compounded Profit Growth
| 5 Years: | 80.13% |
| 1 Year: | 112.80% |
Stock Price Performance
| 1 Year: | +294.01% |
| 6 Months: | +69.69% |
| 3 Months: | -2.79% |
| 1 Month: | +0.41% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Total Assets | 231.42M | - | 1.83B | 1.80B | 1.77B | 1.85B |
| Current Assets | - | - | 537.81M | 541.72M | 540.52M | 630.37M |
| Cash & Equivalents | 741.10K | - | 78.85M | 67.82M | 107.96M | 124.80M |
| Inventory | - | - | 110.52M | 98.43M | 96.77M | 94.83M |
| Receivables | - | - | 148.71M | 171.27M | 137.26M | 178.02M |
| Total Liabilities | 12.50M | - | 1.03B | 976.25M | 865.45M | 883.60M |
| Current Liabilities | 3.47M | - | 544.07M | 533.45M | 503.51M | 604.92M |
| Long Term Debt | - | - | 391.86M | 331.56M | 254.39M | 191.38M |
| Total Debt | - | - | 566.41M | 484.75M | 409.13M | 331.52M |
| Total Equity | 54.64M | - | 802.35M | 821.49M | 908.23M | 967.92M |
| Shares Outstanding | - | - | 94.01M | 95.00M | 96.05M | 100.79M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -865.00K | - | 92.58M | 176.96M | 229.33M | 264.24M |
| Investing Cash Flow | -229.22M | - | -146.71M | -83.46M | -111.13M | -152.24M |
| Financing Cash Flow | 230.82M | - | -72.80M | -104.53M | -78.06M | -87.26M |
| Capital Expenditure | - | - | -122.42M | -68.19M | -105.11M | -143.45M |
| Free Cash Flow | - | - | -29.84M | 108.77M | 124.22M | 120.79M |
| Net Change in Cash | - | - | -126.93M | -11.03M | 40.13M | 24.74M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2017 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|
| Gross Margin % | - | - | 7.2% | 13.0% | 16.0% | 12.4% |
| Operating Margin % | - | - | -0.1% | 7.0% | 10.6% | 7.4% |
| Net Margin % | - | - | -4.0% | 1.1% | 5.9% | 3.9% |
| ROE % | -5.2% | - | -4.5% | 1.5% | 8.4% | 5.3% |
| ROCE % | -1.8% | - | -0.1% | 6.4% | 10.8% | 7.9% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | FMR, LLC | 9.66% | 9.18M | $223.46M |
| 2 | Encompass Capital Advisors, LLC | 4.49% | 4.26M | $103.76M |
| 3 | Blackrock Inc. | 3.89% | 3.70M | $90.00M |
| 4 | T. Rowe Price Investment Management, Inc. | 3.43% | 3.26M | $79.40M |
| 5 | Boston Partners | 2.33% | 2.21M | $53.89M |
| 6 | Dimensional Fund Advisors LP | 2.06% | 1.96M | $47.74M |
| 7 | Dodge & Cox Inc. | 1.68% | 1.60M | $38.96M |
| 8 | SCF Partners, Inc. | 1.58% | 1.50M | $36.52M |
| 9 | JPMORGAN CHASE & CO | 1.41% | 1.33M | $32.50M |
| 10 | Ameriprise Financial, Inc. | 1.40% | 1.33M | $32.47M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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