National Energy Services Reunited Stock (NASDAQ:NESR)


ForecastRevenueFinancialsChartTranscripts

Previous Close

$9.06

52W Range

$7.68 - $9.89

50D Avg

$8.78

200D Avg

$9.02

Market Cap

$897.20M

Avg Vol (3M)

$148.14K

Beta

0.51

Div Yield

-

NESR Company Profile


National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The 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 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. It also provides production assurance chemicals; laboratory services; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources, treats, and disposes water for oil and gas, municipal, and industrial use. The Drilling and Evaluation Services segment offers drilling and workover rigs; rig services; fishing and remedial solutions; directional and turbines drilling services; drilling fluid systems and related technologies; wireline logging services; slickline services for removal of scale, wax and sand build-up, setting plugs, changing out gas lift valves, and fishing and other well applications; and well testing services to measure solids, gas, and oil and water produced from a well, as well as rents drilling tools. It also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. The company was incorporated in 2017 and is headquartered in Houston, Texas.

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Industry

Oil & Gas Equipment & Services

Sector

Energy

Exchange

NASDAQ

ADR

-

Country

US

Employees

6,231

IPO Date

Jun 05, 2017

Website

NESR Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22
Drilling and Evaluation Services$360.27M$342.27M
Production Services$785.64M$567.25M

Fiscal year ends in Dec 23 | Currency in USD

NESR Financial Summary


Dec 23Dec 22Dec 21
Revenue$1.15B$909.52M$876.73M
Operating Income$80.70M$-917.00K$-43.33M
Net Income$12.58M$-36.42M$-64.57M
EBITDA$217.90M$120.17M$76.72M
Basic EPS$0.13$-0.39$-0.71
Diluted EPS$0.13$-0.39$-0.71

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 19, 24 | 8:00 AM
Q3 21Nov 03, 21 | 11:35 AM
Q2 21Aug 07, 21 | 8:00 AM

Peer Comparison


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