National Energy Services Reunited achieved its $2B revenue run-rate ahead of schedule, signaling robust operational momentum and execution. NESR raised guidance, posted 59.1% YoY revenue growth, and announced a capital return framework including dividends and a $50M buyback. Valuation multiples are compressing; forward P/E drops to roughly 8 times earnings, with DCF scenarios supporting upside depending on risk assumptions.
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National Energy Services Reunited is focused on oilfield services in the Middle East and North Africa, with a core presence in Saudi Arabia. NESR reported record Q2 revenue, up over 25% sequentially and nearly 60% year-over-year, driven by activity in Saudi Arabia's Jafurah gas field. The company secured a multi-billion, five-year hydraulic fracturing contract in Jafurah, underpinning robust near- and medium-term earnings visibility.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 133 | $2,868.02 | $2,604.14 | -$263.88 | -9.2% |
Dodge & Cox Dodge & Cox Funds | 1.6M | $10.26M | $30.45M | $20.2M | 196.91% |
| LN Louis Navellier NAVELLIER & ASSOCIATES Inc. | 151,079 | $3.79M | $2.88M | -$903,452.27 | -23.86% |
| NA Nizar Araji National Bank Of Canada /FI/ | 10,437 | $144,733.65 | $199,451.07 | $54,717.42 | 37.81% |
| BG Bart Gancher Intech Investment Management LLC | 18,517 | $111,472.34 | $353,859.87 | $242,387.53 | 217.44% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Gregory Lewis BTIG | 21.1 | $730.64 | $398.5 | -$332.14 | -45.46% |
Phillip Jungwirth BMO Capital | 7,490.85 | $198,432.62 | $139,627.2 | -$58,805.42 | -29.63% |
| Energy Equipment & Services Industry | Energy Sector | Sherif Foda CEO | NASDAQ (CM) Exchange | G6375R107 CUSIP |
| US Country | 7,352 Employees | - Last Dividend | - Last Split | 12 May 2017 IPO Date |
National Energy Services Reunited Corp. is a company that specializes in providing comprehensive oilfield services to oil and gas companies across the globe, focusing primarily on regions in the Middle East, North Africa, and other international locations. Since its incorporation in 2017, the company has established its headquarters in Houston, Texas, and has grown to become a key player in the oil and gas services industry. National Energy Services Reunited Corp. offers a wide array of services designed to support the exploration, development, production, and management of oil and gas resources. Its services span two main segments: Production Services and Drilling and Evaluation Services, each targeting specific needs of the oil and gas production cycle.
Production Services:
Drilling and Evaluation Services: