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NASDAQ:NESR

National Energy Services Reunited - NESR Stock Forecast, Price & News

$5.80
-0.02 (-0.34%)
(As of 09/26/2022 03:34 PM ET)
Add
Compare
Today's Range
$5.79
▼
$6.05
50-Day Range
$5.82
▼
$7.43
52-Week Range
$5.68
▼
$13.28
Volume
4,674 shs
Average Volume
275,248 shs
Market Capitalization
$526.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$10.67

National Energy Services Reunited MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
83.9% Upside
$10.67 Price Target
Short Interest
Healthy
1.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
84.00%
From $0.50 to $0.92 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.25 out of 5 stars

Oils/Energy Sector

128th out of 254 stocks

Oil & Gas Field Services, Not Elsewhere Classified Industry

12th out of 21 stocks

See Top Rated MarketRank™ Stocks Here
NESR stock logo

About National Energy Services Reunited (NASDAQ:NESR) Stock

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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NESR Stock News Headlines

September 17, 2022 | americanbankingnews.com
National Energy Services Reunited (NASDAQ:NESR) Shares Gap Down to $7.43
September 13, 2022 | finance.yahoo.com
NESR Secures Its First Multi-Year Directional Drilling Services Contract in Saudi Arabia
September 13, 2022 | finance.yahoo.com
Are Investors Undervaluing National Energy Services Reunited Corp. (NASDAQ:NESR) By 36%?
September 10, 2022 | seekingalpha.com
NESR National Energy Services Reunited Corp.
July 18, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: NESR Agrees To Acquire Stake In WDVG
July 18, 2022 | finance.yahoo.com
NESR Agrees To Acquire Stake In WDVG
June 29, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: NESR Signs Agreement with ADNOC For Strategic In-Country Value Expansion
June 29, 2022 | seekingalpha.com
National Energy Services Reunited signs agreement to expand manufacturing in UAE
June 29, 2022 | finance.yahoo.com
NESR Signs Agreement with ADNOC For Strategic In-Country Value Expansion
June 17, 2022 | finance.yahoo.com
National Energy Services Reunited Corp. Provides Update On Financial Statements
May 4, 2022 | finance.yahoo.com
The past year for National Energy Services Reunited (NASDAQ:NESR) investors has not been profitable
April 18, 2022 | finance.yahoo.com
Saudi Aramco Awards $300 Million Integrated Conventional Fracturing Contract to NESR
April 12, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: Cairn Awards NESR Integrated Production Services Contract in India
March 17, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: ADNOC Awards Cementing Services To NESR
March 17, 2022 | finance.yahoo.com
ADNOC Awards Cementing Services To NESR
March 14, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: NESR Announces Update on Previously Issued Financial Statements and Full Year Revenue of 2021
March 14, 2022 | finance.yahoo.com
NESR Announces Update on Previously Issued Financial Statements and Full Year Revenue of 2021
February 8, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: NESR Announces Appointment of Stefan Angeli as CFO, Reschedules Earnings Conference Call
February 8, 2022 | finance.yahoo.com
NESR Announces Appointment of Stefan Angeli as CFO, Reschedules Earnings Conference Call
February 7, 2022 | finance.yahoo.com
ADNOC Awards Testing Services To NESR
February 3, 2022 | finance.yahoo.com
Thailand's Gulf Energy to seal crypto JV with Binance in Q2
February 2, 2022 | finance.yahoo.com
Is There An Opportunity With National Energy Services Reunited Corp.'s (NASDAQ:NESR) 45% Undervaluation?
January 26, 2022 | finance.yahoo.com
National Energy Services Reunited Corp. to Release Fourth Quarter Financial Results on February 9th
January 21, 2022 | nasdaq.com
National Energy Services Reunited Corp. Ordinary Shares (NESR)
January 3, 2022 | finanznachrichten.de
National Energy Services Reunited Corp: NESR Announces More Than $100 Million of Contract Awards in North Africa
See More Headlines
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NESR Company Calendar

Last Earnings
11/02/2021
Today
9/26/2022
Next Earnings (Estimated)
9/28/2022
Fiscal Year End
12/31/2022
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Oil & gas field services, not elsewhere classified
Sub-Industry
N/A
Sector
Oils/Energy
Current Symbol
NASDAQ:NESR
CUSIP
N/A
CIK
1698514
Web
www.nesr.com
Phone
(832) 925-3777
Fax
N/A
Employees
5,581
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$10.67
High Stock Price Forecast
$11.00
Low Stock Price Forecast
$10.00
Forecasted Upside/Downside
+83.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
N/A
Quick Ratio
N/A

Sales & Book Value

Annual Sales
$834.15 million
Price / Sales
0.63
Cash Flow
$2.03 per share
Price / Cash Flow
2.86
Book Value
$10.76 per share
Price / Book
0.54

Miscellaneous

Outstanding Shares
90,853,000
Free Float
N/A
Market Cap
$526.95 million
Optionable
Not Optionable
Beta
0.81

Key Executives

  • Mr. Thomas D. Wood (Age 65)
    Independent Director
    Comp: $65k
  • Mr. Sherif FodaMr. Sherif Foda (Age 53)
    Exec. Chairman & CEO
  • Mr. Stefan Angeli
    Chief Financial Officer
  • Mr. Salih Merghani
    VP of Operations
  • Mr. Blake Geelhoed Gendron
    VP of Investor Relations & Bus. Devel.
  • Ms. Cathy Konwisarz
    Gen. Counsel & Corp. Sec.
  • Mr. Dhiraj Dudeja (Age 45)
    Chief Commercial Officer
  • Ms. Sahar Badran
    Head of Legal
  • Ms. Haya Kablawi
    Corp. Financial Controller
  • Hani Almaimani
    VP of Arabian Region

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













NESR Stock - Frequently Asked Questions

Should I buy or sell National Energy Services Reunited stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for National Energy Services Reunited in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NESR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NESR, but not buy additional shares or sell existing shares.
View NESR analyst ratings or view top-rated stocks.

What is National Energy Services Reunited's stock price forecast for 2022?

3 brokerages have issued 1 year price targets for National Energy Services Reunited's stock. Their NESR share price forecasts range from $10.00 to $11.00. On average, they predict the company's share price to reach $10.67 in the next twelve months. This suggests a possible upside of 83.3% from the stock's current price.
View analysts price targets for NESR or view top-rated stocks among Wall Street analysts.

How have NESR shares performed in 2022?

National Energy Services Reunited's stock was trading at $9.45 at the beginning of the year. Since then, NESR shares have decreased by 38.4% and is now trading at $5.82.
View the best growth stocks for 2022 here.

When is National Energy Services Reunited's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, September 28th 2022.
View our NESR earnings forecast.

How were National Energy Services Reunited's earnings last quarter?

National Energy Services Reunited Corp. (NASDAQ:NESR) issued its earnings results on Tuesday, November, 2nd. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The company had revenue of $217.99 million for the quarter, compared to analysts' expectations of $225.94 million. During the same period in the prior year, the business earned $0.16 earnings per share.

What other stocks do shareholders of National Energy Services Reunited own?

Based on aggregate information from My MarketBeat watchlists, some companies that other National Energy Services Reunited investors own include Advanced Micro Devices (AMD), Ampio Pharmaceuticals (AMPE), Apollo Global Management (APO), Alliance Resource Partners (ARLP), Golden Minerals (AUMN), Eastman Chemical (EMN), General Mills (GIS), Pfizer (PFE) and Primo Water (PRMW).

What is National Energy Services Reunited's stock symbol?

National Energy Services Reunited trades on the NASDAQ under the ticker symbol "NESR."

Who are National Energy Services Reunited's major shareholders?

National Energy Services Reunited's stock is owned by a number of institutional and retail investors. Top institutional shareholders include FMR LLC (6.07%), Encompass Capital Advisors LLC (3.90%), RR Advisors LLC (0.70%), Jennison Associates LLC (0.68%), Russell Investments Group Ltd. (0.67%) and State Street Corp (0.57%).
View institutional ownership trends.

How do I buy shares of National Energy Services Reunited?

Shares of NESR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is National Energy Services Reunited's stock price today?

One share of NESR stock can currently be purchased for approximately $5.82.

How much money does National Energy Services Reunited make?

National Energy Services Reunited (NASDAQ:NESR) has a market capitalization of $528.76 million and generates $834.15 million in revenue each year.

How many employees does National Energy Services Reunited have?

The company employs 5,581 workers across the globe.

How can I contact National Energy Services Reunited?

National Energy Services Reunited's mailing address is 777 Post Oak Blvd. Suite 730, Houston TX, 77056. The official website for the company is www.nesr.com. The company can be reached via phone at (832) 925-3777 or via email at investors@nesr.com.

This page (NASDAQ:NESR) was last updated on 9/26/2022 by MarketBeat.com Staff

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