National Energy Services Reunited Corp Ordinary Shares

National Energy Services Reunited Corp Ordinary Shares

NESR · NASDAQ · Energy / Oil & Gas Equipment & Services

21.19USD-0.04 (-0.19%)

Price History

Full chart

Market Stats

Previous Close21.23
Open21.32
Day Range20.40 – 21.68
52-Week Range12.21 – 36.94
Volume997.33K
Market Cap2.17B
P/E (TTM)23.36
Forward P/E0.00
EPS0.92
Dividend Yield0.00%
Beta0.55
50-Day Avg27.15
200-Day Avg25.60

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Sherif Foda
  • Employees7.35K
  • Headquarters777 Post Oak Boulevard, Houston, TX, United States, 77056, USA
  • Websitehttps://www.nesr.com

Leadership

  • Mr. Sherif FodaExecutive Chairman & CEO · b. 1969
  • Mr. Stefan AngeliChief Financial Officer · b. 1960
  • Chokri Ben AmorDirector
  • Naif Al- HadramiDirector
  • Mr. Salih MerghaniVice President of Operations
  • Mr. Blake Geelhoed GendronVice President of Investor Relations & NEDA Segment
  • Mr. Raja SukhdeoGroup Head of Legal
  • Ms. Chahira BarnatTreasury Director

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-271.32M271.32M658.38M834.15M876.73M909.52M1.15B1.30B1.32B
Growth (%)--0.00%+142.66%+26.70%+5.10%+3.74%+25.99%+13.60%+1.72%
Cost of Revenue-200.15M200.15M522.73M772.06M891.99M844.04M1.02B1.09B1.18B
Gross Profit-71.17M71.17M135.65M62.09M-15.26M65.48M129.88M208.67M145.96M
Gross Margin-26.23%26.23%20.60%7.44%-1.74%7.20%11.33%16.03%11.02%
Operating Expense-31.52M30.94M63.84M26.81M28.07M66.39M49.17M70.97M47.64M
Operating Income-39.66M40.23M71.81M35.28M-43.33M-917.00K80.70M137.70M98.32M
Operating Margin-14.62%14.83%10.91%4.23%-4.94%-0.10%7.04%10.58%7.43%
EBITDA-78.07M99.93M159.52M165.70M76.72M120.17M217.90M278.16M234.64M
EBITDA Margin-28.77%36.83%24.23%19.86%8.75%13.21%19.02%21.37%17.72%
Net Income-30.63M28.35M39.36M16.55M-64.57M-36.42M12.58M76.31M51.13M
Net Income Margin-11.29%10.45%5.98%1.98%-7.36%-4.00%1.10%5.86%3.86%
R&D-0--------
R&D as % of Total Revenue-0.00%--------
Interest Expense-6.72M6.72M18.97M15.88M15.17M34.13M45.83M39.88M32.51M
Interest Expense % of Total Revenue-2.48%2.48%2.88%1.90%1.73%3.75%4.00%3.06%2.46%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-231.42M1.36B1.53B1.69B1.83B1.83B1.80B1.77B1.85B
Total Liabilities-12.50M504.79M639.62M746.81M1.01B1.03B976.25M865.45M883.60M
Total Equity-218.93M855.39M886.47M944.43M821.03M802.35M821.49M908.23M967.92M
Cash-741.10K19.93M73.20M75.01M205.77M78.85M67.82M107.96M124.80M
Total Debt--283.80M383.53M398.47M595.84M-484.75M409.13M349.97M
Net Debt--741.10K263.86M310.33M323.46M390.07M456.25M416.93M301.18M225.17M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow83.19M61.67M92.70M134.45M127.74M92.58M176.96M229.33M264.24M
Investing Cash Flow-52.04M-114.15M-107.34M-96.44M-164.54M--83.46M-111.13M-152.24M
Financing Cash Flow-32.14M44.85M66.58M-36.24M167.54M-72.80M-104.53M-78.06M-87.26M
Capital Expenditure48.66M33.07M111.54M82.63M107.08M122.42M68.19M105.11M143.45M
Free Cash Flow34.54M28.59M-18.84M51.82M20.67M-29.84M108.77M124.22M120.79M
Dividends Paid20.00M48.21M20.00M0-----
FCF to OCF41.51%46.37%-20.33%38.54%16.18%-32.23%61.47%54.17%45.71%
Dividend Paid to FCF57.91%168.60%-106.13%0.00%-----

Earnings

Report DateJun 26, 2017Aug 14, 2017Nov 14, 2017Mar 27, 2018May 14, 2018Aug 20, 2018Nov 8, 2018Feb 25, 2019May 13, 2019Aug 7, 2019Nov 6, 2019Feb 26, 2020May 6, 2020Aug 4, 2020Oct 28, 2020Feb 24, 2021May 6, 2021Aug 4, 2021Nov 3, 2021Feb 17, 2022May 16, 2022Aug 10, 2022Dec 16, 2022Feb 28, 2023May 10, 2023Aug 2, 2023Nov 1, 2023Mar 15, 2024May 14, 2024Aug 29, 2024Nov 19, 2024Mar 12, 2025Jun 3, 2025Aug 20, 2025Nov 12, 2025Feb 17, 2026May 11, 2026Aug 10, 2026Nov 9, 2026Nov 12, 2026
EPS Estimate0.00-----0.130.270.160.190.200.210.150.090.120.140.130.170.070.100.190.240.270.270.170.190.210.230.00-0.230.300.200.180.150.250.210.350.360.36
EPS Actual0.000.01-0.04-0.11-0.06-0.020.190.250.150.190.190.210.150.140.160.200.140.140.080.080.190.160.200.24-0.070.020.160.000.100.200.310.300.140.210.160.320.260.44--
Surprise------46.15%-7.41%-6.25%0.00%-5.00%0.00%0.00%55.56%33.33%42.86%5.66%-17.65%14.29%-18.95%0.00%-33.33%-27.78%-11.11%-139.53%-89.21%-26.14%-100.00%--34.78%0.00%-30.00%16.67%6.67%28.00%23.81%25.71%--
Timing---After-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market---After-hours-Pre-market--Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap2.17B
Enterprise Value2.21B
Trailing P/E23.36
Forward P/E0.00
PEG Ratio0.00
Price / Sales1.34
Price / Book2.00
EPS0.92
Book Value10.33
Revenue (TTM)1.62B
Gross Profit (TTM)215.01M
EBITDA289.37M
Profit Margin5.77%
Operating Margin12.45%
Return on Equity9.44%
Return on Assets4.77%
Shares Outstanding100.85M
Shares Float72.61M
Beta0.55
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Strong Buy
Based on 9 analystsTarget 40.67
  • Strong Buy
    5
  • Buy
    4

Ownership Breakdown

Institutions
93.00%
Insiders
7.96%
Retail / Other
0.00%

Top Institutional Holders

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  • BlackRock Inc
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  • T. Rowe Price Investment Management,Inc.
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  • Encompass Capital Advisors LLC
    3.10M3.08%
  • Dimensional Fund Advisors, Inc.
    2.98M2.95%
  • Boston Partners Global Investors, Inc
    2.14M2.12%
  • Alyeska Investment Group, L.P.
    1.91M1.90%
  • Holocene Advisors, LP
    1.84M1.83%
  • Geode Capital Management, LLC
    1.81M1.79%
  • Ameriprise Financial Inc
    1.72M1.71%
  • The Goldman Sachs Group Inc
    1.69M1.68%
  • Dodge & Cox
    1.60M1.58%
  • Citadel Advisors Llc
    1.54M1.53%
  • VOYA INVESTMENT MANAGEMENT LLC
    1.48M1.46%
  • State Street Corp
    1.42M1.41%

Top Fund Holders

  • Fidelity Select Energy Portfolio
    2.64M2.62%
  • iShares Russell 2000 ETF
    1.56M1.54%
  • Dodge & Cox Emerging Markets Stock
    1.37M1.36%
  • Fidelity Stock Selector Small Cap
    1.33M1.32%
  • Fidelity Small Cap Value Fund
    1.28M1.27%