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NESR
National Energy Services Reunited Corp.
$22.64
0.6
(2.72%)
[ms_data_label text=’Delayed data’]
| Exchange: | NASDAQ |
| Market Cap: | 2.282B |
| Shares Outstanding: | 28.652M |
About The Company
| Sector: | Energy | |||||
| Industry: | Oil & Gas Equipment & Services | |||||
| CEO: | Sherif Foda | |||||
| Full Time Employees: | 6554 | |||||
| Address: |
| |||||
| Website: | https://www.nesr.com |
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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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1,145,915 | 1,301,704 | 1,324,047 |
| Gross Profit | 129,876 | 208,673 | 145,956 |
| EBITDA | 217,902 | 278,163 | 240,049 |
| Operating Income | 80,703 | 137,704 | 98,320 |
| Net Income | 12,580 | 76,310 | 51,132 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 1,797,740 | 1,773,678 | 1,851,519 |
| Total Liabilities | 976,246 | 865,446 | 883,603 |
| Total Stockholders Equity | 821,494 | 908,232 | 967,916 |
| Total Debt | 484,749 | 409,134 | 277,273 |
| Cash and Cash Equivalents | 67,821 | 107,956 | 124,797 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 176,959 | 229,329 | 264,242 |
| Capital Expenditure | -68,190 | -105,105 | -143,454 |
| Free Cash Flow | 108,769 | 124,224 | 120,788 |
| Net Income | 12,580 | 76,310 | 51,132 |
| Net Change in Cash | -11,032 | 40,135 | 16,841 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 2,535,435.380 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 2,762,224.530 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 2,642,469.210 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 762,711.334 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 830,934.195 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 794,909.321 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 316,478.500 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 353,751.082 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 335,114.791 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 103,072.019 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 112,291.585 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 107,423.221 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 3.370 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 3.570 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 3.190 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 2 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeSWOT Analysis
Strengths (preview)
- Record Revenue Growth: NESR reported a record revenue of $343.7 million in Q4 2024, as highlighted in the latest earnings call transcript, reflecting strong operational performance and market demand in its core segments. This growth aligns with positive industry trends in the energy services sector.
- Operational Excellence: The company emphasized its commitment to innovation and operational efficiency during the Q4 2024 earnings call, which has contributed to maintaining a competitive edge in key markets. This is supported by consistent gross profit margins (as per key metrics TTM).
- Strong Market Positioning: NESR’s strategic focus on high-growth regions, as evidenced by revenue contributions from key geographic segments, positions it favorably within the energy services industry, supported by robust sector performance metrics over the past year.
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At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates NESR intrinsic value between $11.25 – $16.73 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about NESR valuation
Is National Energy Services Reunited Corp. (NESR) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for National Energy Services Reunited Corp. (NESR) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is NESR a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NESR trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is NESR’s P/E ratio?
You can see NESR’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for NESR?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is NESR a good long-term investment?
Whether NESR fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
NESR
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
[ms_data_label text="Daily snapshot"]
2.72
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 5.2 | Year High: | 26.85 | |
| Price Avg 50: | 21.73 | Price Avg 200: | 13.61 | |
| Volume: | 1.635M | Average Volume: | 2.049M |
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Login — it's freeNESR full analysis
Welcome to MARKETSNAP’s SWOT analysis for National Energy Services Reunited, or NESR as it’s known on the ticker. If you’re not familiar with this player, let me give you the quick rundown. National Energy Services Reunited operates in the oil and gas services space, primarily focusing on the Middle East and North Africa region, with a strong footprint in providing integrated energy solutions. They’re part of the energy sector, specifically in the oil and gas equipment and services industry, and…
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