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NESR

National Energy Services Reunited Corp
$
6.225
-0.175(-2.730%)
  • Overview
  • Forecast
  • Valuation
Line
Line
|
Candle
Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
6.250
Open
6.090
VWAP
6.16
Vol
330.20K
Mkt Cap
597.41M
Low
6.065
Amount
2.03M
EV/EBITDA(TTM)
--
Total Shares
96.05M
EV
884.78M
EV/OCF(TTM)
--
P/S(TTM)
--
National Energy Services Reunited Corp. is an oilfield service provider in the Middle East and North Africa (MENA) and Asia Pacific (APAC) regions. The Company offers a range of production services, such as hydraulic fracturing, coiled tubing, stimulation, and pumping, cementing, nitrogen services, filtration services, pipelines and industrial services, production assurance, artificial lift services, and completions and integrated production management. It also provides drilling and evaluation services, such as rigs and integrated services, fishing and downhole tools, thru-tubing intervention, tubular running services, directional drilling, drilling fluids, pressure control, well testing services, wireline logging services, and slickline services. The Company has significant operations throughout the MENA region including Saudi Arabia, Oman, Kuwait, United Arab Emirates, Algeria, Egypt, Libya, Iraq, and Qatar.
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3 Analyst Rating
up Image
135.66% Upside
Wall Street analysts forecast NESR stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NESR is 14.67 USD with a low forecast of 12.00 USD and a high forecast of 17.00  USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
0 Hold
0 Sell
Strong Buy
up Image
135.66% Upside
Current: 6.225
sliders
Low
12.00
Averages
14.67
High
17.00
Barclays
David Anderson
Buy
Maintains
$16 → $17
2025-03-13
Reason
Barclays raised the firm's price target on National Energy Services to $17 from $16 and keeps an Overweight rating on the shares. The firm says the company "continues to re-establish itself,} ending 2024 on a "strong note" and set up to outperform in 2025 with a leading position in Jafurah and expansion into the growing Kuwait market. The firm sees a valuation "disconnect" and "significant upside" potential in the shares.
Barclays
David Anderson
Buy
Initiates
$16
2025-01-31
Reason
Barclays reinstated coverage of National Energy Services with an Overweight rating and $16 price target. National Energy focuses on providing essential drilling and completions services exclusively in the Middle East region, enabling the company to achieve strong revenue growth and elevated EBITDA margins in the low-to-mid 20s, the analyst tells investors in a research note. The firm views the stock's current valuation as attractive.
Benchmark
Kurt Hallead
Strong Buy
Initiates
$15
2025-01-21
Reason
Benchmark analyst Kurt Hallead initiated coverage of National Energy Services with a Buy rating and $15 price target.
JP Morgan
Sean Meakim
Buy
Initiates
$13
2024-12-06
Reason
JPMorgan initiated coverage of National Energy Services with an Overweight rating and $13 price target. The company's "distinct pure-play geographic leverage" to the Middle East and Asia-Pacific markets and "well-rounded portfolio" makes National Energy an "intriguing way" to play the international services market where activity trends are decelerating, the analyst tells investors in a research note. The firm thinks National Energy is well positioned to outpace incumbent service providers growth in the region over coming quarters.
BTIG
Greg Lewis
Strong Buy
Initiates
$15
2024-10-25
Reason

Valuation Metrics

The current forward P/E ratio for National Energy Services Reunited Corp (NESR.O) is 5.77, compared to its 5-year average forward P/E of 7.92. For a more detailed relative valuation and DCF analysis to assess National Energy Services Reunited Corp 's fair value, click here.

Forward PE

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Undervalued
5Y Average PE
7.92
Current PE
5.77
Overvalued PE
9.19
Undervalued PE
6.64

Forward EV/EBITDA

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Undervalued
5Y Average EV/EBITDA
3.52
Current EV/EBITDA
2.84
Overvalued EV/EBITDA
3.89
Undervalued EV/EBITDA
3.15

Forward PS

StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
Undervalued
5Y Average PS
0.59
Current PS
0.44
Overvalued PS
0.66
Undervalued PS
0.51

Financials

Annual
Quarterly
FY2024Q4
343.68M
Total Revenue
FY2024Q4
43.58M
Operating Profit
FY2024Q4
26.84M
Net Income after Tax
FY2024Q4
0.28
EPS - Diluted
FY2024Q4
21.21M
Free Cash Flow
FY2024Q4
15.85
Gross Profit Margin - %
FY2024Q4
9.54
FCF Margin - %
FY2024Q4
7.81
Net Margin - %
FY2024Q4
N/A
ROIC

Trading Trends

Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
0.0
Volume
0
6-9
Months
0.0
Volume
0
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
4
907.2K
Volume
Months
6-9
0
0.0
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months

NESR News & Events

Events Timeline

2025-04-29 (ET)
2025-04-29
08:53:57
National Energy Services awarded $200M in Slickline contracts
select
2025-04-21 (ET)
2025-04-21
06:06:48
National Energy Services begins construction on King Salman Energy Park facility
select
2024-10-29 (ET)
2024-10-29
09:27:29
National Energy Services acquires minority stake in SALTTECH
select
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News

9.5
04-29Benzinga
Why Leggett & Platt Shares Are Trading Higher By Around 15%; Here Are 20 Stocks Moving Premarket
9.5
04-22Benzinga
Northrop Grumman Posts Downbeat Results, Joins Halliburton And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
9.5
04-22Benzinga
Why Calix Shares Are Trading Higher By 13%; Here Are 20 Stocks Moving Premarket
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FAQ

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What is National Energy Services Reunited Corp (NESR) stock price today?

The current price of NESR is 6.225 USD — it has decreased -2.73 % in the last trading day.

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