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NESR

National Energy Services Reunited Corp.

NESR

NASDAQ·Energy·Oil & Gas Equipment & Services·Mkt cap $2.9B

$27.13

-5.80%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$5.91 - $30.31

P/E

41.34

Fwd P/E

16.44

Beta

0.35

Div Yield

0.00%

Avg Vol

2.1M

Shares Out

100.8M

Mkt Cap

$2.9B

Price action

Price chart

Up 338.4% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Integrated service platform reducing customer coordination complexity and operational risk
  • Proprietary technologies including expandable liner systems and vacuum insulated tubing with manufacturing and testing capabilities
  • Strong geographic presence in high-demand Middle East and North Africa markets with established customer relationships
  • Diversified service portfolio spanning the complete well lifecycle from drilling through production optimization

Bear Case

1 risk

  • Low volatility (beta 0.4).

Growth

Strong growth ahead

Increased capital expenditure cycles in Middle East and North Africa oil and gas production

Value

Attractively priced below Oilfield Services peer average

Momentum

Hot

+27.2% over 3m

Quality

Thin

Excellent business quality

Dividend

None

No dividend

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 30, 2026

Q2 26 RECAP

MAY 11, 2026

Reported EPS of $0.26 vs $0.21 consensus (+23.8% surprise). Revenue of $404.6M vs $370.9M expected (+9.1%). Beat on both top and bottom lines.

EPS beat +23.8%
Rev beat +9.1%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+23.8%

Next: Apr 30, 2026

Revenue trend · last 8Q

+12%

+2%

+1%

-12%

+16%

+33%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$325.0M

$336.2M

$343.7M

$303.1M

$327.4M

$295.3M

$398.3M

$404.6M

Margins · last 8Q

Gross

Operating

Profit

5.9%

Wall Street consensus

4 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

4

100%

Hold

0%

Sell

0%

Median Price Target

$33.00

+21.6% vs $27.13

Low $32.00
Median $33.00
High $35.00

Latest: UBS · Jun 30, 2026

3 analysts covering

vs Industry

How NESR stacks vs Oil & Gas Equipment & Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.