Loading…
MARKETS
TOOLS
LEARN
Equiscale · Syntellia LLC
National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa. The company's 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 and industrial 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. This segment also provides production assurance chemicals; integrated production management projects; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology for steam applications, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources and treats water for oil and gas, municipal, and industrial use. The Drilling and Evaluation Services segment offers drilling and workover rigs; rigs and integrated services; fishing and remediation solutions; directional and turbines drilling; drilling fluid systems and related technologies; wireline logging; slickline services, descaling, wax and sand cleanout, plug setting, gas lift valve changeout, fishing and other complex well applications; and well testing services to measure solids, gas, and oil and water produced from well, as well as drilling tools and machine shop services. This segment also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. National Energy Services Reunited Corp. was incorporated in 2017 and is headquartered in Houston, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.3B | $235M | $51M | $121M | 5.3% | 1.7% | -33.0% |
| 2024 | $1.3B | $278M | $76M | $124M | 8.4% | 13.6% | 506.6% |
| 2023 | $1.1B | $218M | $13M | $109M | 1.5% | 26.0% | -134.5% |
| 2022 | $910M | $120M | $-36M | $-30M | -4.5% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 909.52 | 1,145.92 | 1,301.70 | 1,324.05 |
| Operating Revenue | - | 909.52 | 1,145.92 | 1,301.70 | 1,324.05 |
| Cost Of Revenue | - | 844.04 | 997.26 | 1,093.03 | 1,159.32 |
| Gross Profit | - | 65.48 | 148.65 | 208.67 | 164.73 |
| Operating Expense | - | 66.40 | 67.95 | 70.97 | 66.41 |
| Selling General And Administration | - | 47.53 | 49.17 | 52.20 | 47.64 |
| Total Expenses | - | 910.43 | 1,065.21 | 1,164 | 1,225.73 |
| Operating Income | - | -0.92 | 80.70 | 137.70 | 98.32 |
| Total Operating Income As Reported | - | -0.92 | 80.70 | 137.70 | 98.32 |
| EBITDA | - | 120.17 | 217.90 | 278.16 | 234.64 |
| Normalized EBITDA | - | 120.17 | 217.90 | 278.16 | 234.64 |
| EBIT | - | 4.32 | 75.67 | 135.38 | 92.91 |
| Interest Expense | - | 34.13 | 45.83 | 39.88 | 32.51 |
| Net Interest Income | - | -34.13 | -45.83 | -39.88 | -32.51 |
| Other Non Operating Income Expenses | - | 5.24 | -5.03 | -2.33 | -5.41 |
| Other Income Expense | - | 5.24 | -5.03 | -2.33 | -5.41 |
| Interest Expense Non Operating | - | 34.13 | 45.83 | 39.88 | 32.51 |
| Net Non Operating Interest Income Expense | - | -34.13 | -45.83 | -39.88 | -32.51 |
| Pretax Income | - | -29.80 | 29.85 | 95.50 | 60.40 |
| Tax Provision | - | 6.62 | 17.27 | 19.19 | 9.27 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Net Income From Continuing And Discontinued Operation | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Net Income From Continuing Operation Net Minority Interest | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Net Income | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Net Income Common Stockholders | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Net Income Including Noncontrolling Interests | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Normalized Income | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Diluted NI Availto Com Stockholders | - | -36.42 | 12.58 | 76.31 | 51.13 |
| Basic Average Shares | - | 92.96 | 94.75 | 95.47 | 98.44 |
| Diluted Average Shares | - | 92.96 | 94.75 | 95.74 | 99.11 |
| Reconciled Depreciation | - | 115.84 | 142.23 | 142.78 | 141.73 |
| Reconciled Cost Of Revenue | - | 747.06 | 873.81 | 969.02 | 1,036.36 |
| Minority Interests | 0 | 0 | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | 18.86 | 18.77 | 18.77 | 18.77 |
| Depreciation And Amortization In Income Statement | - | 18.86 | 18.77 | 18.77 | 18.77 |
| Otherunder Preferred Stock Dividend | 0 | 0 | - | - | - |
| Amortization | - | 18.86 | 18.77 | 18.77 | 18.77 |
| Amortization Of Intangibles Income Statement | - | 18.86 | 18.77 | 18.77 | 18.77 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| National Energy Services Reunited Corp.this co. | NESR | $2.6B | 49.96↑ premium | 2.64 | 5.3% | 11.77 |
| BKV Corporation | BKV | $3.0B | 17.08 | 1.45 | 8.5% | 8.15 |
| Delek US Holdings, Inc. | DK | $2.9B | -128.14 | 10.20 | -8.0% | 7.16 |
| Seadrill Limited | SDRL | $2.9B | - | 1.68 | -2.7% | 12.69 |
| Select Water Solutions, Inc. |
| 2021 | - | - | - | - | - | - | - |
| WTTR |
| $2.7B |
| 127.24 |
| 3.35 |
| 2.6% |
| 13.33 |
| DHT Holdings, Inc. | DHT | $2.6B | 12.39 | 2.31 | 18.6% | 8.94 |
| FLOC | FLOC | $2.5B | 60.62 | 10.98 | 18.1% | 8.92 |
| Teekay Tankers Ltd. | TNK | $2.4B | 6.92 | 1.19 | 17.2% | 3.77 |
| NextDecade Corporation | NEXT | $2.3B | -7.49 | 24.07 | -321.4% | -32.95 |
| Peer Median | - | 12.39 | 2.83 | 5.6% | 8.53 | |
Historically, Aug has averaged the highest return (+21.7%); Mar the lowest (-12.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +25.7%Positive MonthJan 2026: +25.67% | +27.3%Positive MonthFeb 2026: +27.29% | -14.3%Negative MonthMar 2026: -14.29% | +16.2%Positive MonthApr 2026: +16.16% | -2.4%Negative MonthMay 2026: -2.37% | +22.9%Positive MonthJun 2026: +22.92% | -9.9%Negative MonthJul 2026: -9.92% | +24.4%*Positive MonthAug 2026: +24.43% | — | — | — | — |
| 2025 | +5.5%Positive MonthJan 2025: +5.47% | -13.2%Negative MonthFeb 2025: -13.23% | -10.2%Negative MonthMar 2025: -10.24% | -15.4%Negative MonthApr 2025: -15.35% | -0.8%Neutral MonthMay 2025: -0.80% | -2.6%Negative MonthJun 2025: -2.59% | +10.8%Positive MonthJul 2025: +10.80% | +40.3%Positive MonthAug 2025: +40.33% | +9.6%Positive MonthSep 2025: +9.62% | +23.0%Positive MonthOct 2025: +23.00% | +10.5%Positive MonthNov 2025: +10.46% | +12.3%Positive MonthDec 2025: +12.34% |
| 2024 | — | — | — | — | — | — | — | +0.2%Neutral MonthAug 2024: +0.21% | -3.1%Negative MonthSep 2024: -3.08% | -2.6%Negative MonthOct 2024: -2.65% | -3.9%Negative MonthNov 2024: -3.91% | +1.4%Neutral MonthDec 2024: +1.36% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 3 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
