Welcome to our dedicated page for National Energy Services Reuni news (Ticker: NESR), a resource for investors and traders seeking the latest updates and insights on National Energy Services Reuni stock.
National Energy Services Reunited Corp. (NESR) is an integrated energy services company listed on Nasdaq under the symbol NESR. The company describes itself as one of the largest national oilfield services providers in the Middle East and North Africa (MENA) and Asia Pacific regions, with operations organized around Production Services and Drilling and Evaluation Services. The NESR news feed on Stock Titan aggregates company-issued updates, financial disclosures and other coverage related to its oilfield services activities.
News about NESR often centers on quarterly financial results, where the company reports revenues, net income, Adjusted EBITDA and other metrics through press releases that accompany its Form 6-K filings. These announcements typically include commentary from management and details drawn from the unaudited condensed consolidated interim financial statements filed with the U.S. Securities and Exchange Commission.
Investors and industry followers can also find contract and award announcements in the NESR news stream. Recent communications describe multi-year completion services contracts in Saudi Arabia’s Jafurah and other unconventional plays, integrated drilling and well delivery campaigns in Jordan in collaboration with Kuwait Drilling Company, Production Services awards in Algeria and Libya, and downhole drilling awards in Kuwait across several Drilling and Evaluation service lines.
Another recurring theme in NESR’s news is its Environmental & Decarbonization Applications (NEDA) segment, which focuses on recycling, treating and reusing produced water. The company has highlighted initiatives such as commissioning artwork created from desalinated produced water treated by NEDA, using this to illustrate its approach to environmental stewardship in the energy services context.
NESR also issues updates about investor conferences and industry events, detailing management participation in energy, clean technology, utilities and regional investor tours. By following NESR news on Stock Titan, readers can monitor these financial updates, contract wins, sustainability initiatives and investor outreach activities in one place.
National Energy Services Reunited Corp. (NASDAQ: NESR), a leading integrated energy services provider in the MENA region, has scheduled its Q1 2025 financial results release for June 3rd, 2025. The company will host a conference call at 8:00 AM ET on the same day to discuss the results. Investors and analysts can participate by dialing 1-877-407-0890 (U.S. toll-free) or 1-201-389-0918 (international). A live webcast will be available on NESR's website under the "Investors" section, with a replay available after the event.
National Energy Services Reunited (NESR) has secured new Slickline contracts worth $200 million across Kuwait and Oman. The five-year contracts mark NESR's expansion in its Drilling & Evaluation segment, particularly in rigless activity.
These contracts represent NESR's first entry into Slickline services in Oman and Kuwait, building upon their existing stronghold in Saudi Arabia and Egypt. The expansion aligns with NESR's "portfolio pull through" strategy, where success in one or two countries is replicated across the MENA region.
CEO Sherif Foda highlighted that these contracts position NESR among the top three providers of Slickline services in the MENA region. The awards complement NESR's growth in evaluation services, including Cased Hole Wireline and Surface Well Testing, while bringing geographic diversification to their Slickline operations.
National Energy Services Reunited Corp. (NESR) has commenced construction of a 180,000m² state-of-the-art facility at King Salman Energy Park (SPARK) in Saudi Arabia. Following a February groundbreaking event attended by key industry leaders, including Saudi Aramco Upstream President and SPARK executives.
The facility will be developed in four strategic phases, with the first phase focusing on transitioning NESR's hydraulic fracturing operations. The project will incorporate AI and machine learning technologies for drilling optimization, well intervention, and production enhancement. The facility aims to boost efficiency through predictive maintenance and reduce non-productive time.
This development aligns with Saudi Arabia's Vision 2030, emphasizing localization, technological advancement, and strengthening domestic manufacturing capabilities in the energy sector. The facility will serve as a regional hub for innovation in oilfield services, focusing on sustainability and adhering to the highest LEED facility development standards.
National Energy Services Reunited Corp. (NESR), a leading integrated energy services provider in the MENA region, has announced a significant upcoming fireside chat event. Chairman & CEO Sherif Foda will participate in a discussion with Water Tower Research on April 10th, 2025, at 11am ET.
The conversation, led by Jeff Robertson, Managing Director and Natural Resources analyst at WTR, will explore NESR's background, strategic position in MENA, growth plans, and technological innovations. Investors can access the event through a provided Zoom registration link, with a replay to be available on NESR's Investor Relations webpage after the session.
National Energy Services Reunited Corp. (NESR) reported strong Q4 2024 financial results with revenue reaching $343.7 million, up 11.8% year-over-year and 2.2% sequentially. Net income surged to $26.8 million, showing remarkable growth of 1,087% year-over-year.
Key highlights include:
- Adjusted EBITDA of $87.2 million, increasing 9.8% year-over-year
- Diluted EPS of $0.28, up 1,300% year-over-year
- Net cash from operations of $229.3 million for 2024, improving 29.6%
- Free cash flow of $124.2 million, up 14.2% year-over-year
The company maintained strong financial health with Net Debt/Adjusted EBITDA ratio at 0.89. Despite expectations of moderate subsidence in H1 2025 due to geopolitics and seasonal patterns, NESR remains confident in its full-year 2025 outlook, particularly in serving customers' oil and gas demands.
National Energy Services Reunited Corp. (NASDAQ:NESR), a leading integrated energy services provider in the MENA region, has scheduled its Q4 2024 financial results release for March 12, 2025.
The company will host a conference call at 8:00 AM ET on the same day to discuss the results. Investors and analysts can participate by dialing the U.S. toll-free line at 1-877-407-0890 or international line at 1-201-389-0918. A live webcast will be available on the company's website under the 'Investors' section, with a replay accessible after the event.
National Energy Services Reunited Corp. (NESR), a leading integrated energy services provider in the MENA region, has announced its participation in multiple investor conferences and events from December 2024 through early 2025.
The schedule includes non-deal roadshows with TD Cowen, Benchmark Company, J.P. Morgan, and Barclays, as well as major industry conferences such as the Capital One Securities Energy Conference, Goldman Sachs Energy Conference, and Piper Sandler Energy Conference.
NESR will also participate in key regional events including the Saudi IKTVA Forum, Libya Energy & Economic Summit, and Egypt Energy Show, where management will showcase technological achievements, including the Roya drilling platform and NEDA ecosystem solutions. The company's leadership will participate in various panels focusing on Middle East energy, decarbonization, and regional production strategies.
National Energy Services Reunited Corp. (NESR) reported strong Q3 2024 financial results with revenue reaching $336.2 million, up 12.0% year-over-year and 3.5% sequentially. Net income grew 40.0% year-over-year to $20.6 million, while Adjusted EBITDA increased 12.9% to $80.0 million. Diluted EPS rose 37.5% to $0.22. Operating cash flow for the nine months improved 30.4% to $183.1 million, with free cash flow up 38.1% to $103.0 million. The company achieved a significant milestone with Net Debt to trailing-twelve-months Adjusted EBITDA falling below 1.0, ending at 0.96.
National Energy Services Reunited Corp. (NESR), a leading integrated energy services provider in the MENA region, has announced its Q3 2024 earnings release schedule for November 19, 2024. The company will host a conference call at 8:00 AM ET on the same day, with dial-in options available for U.S. and international participants. NESR will also host a Nasdaq Bell Ringing ceremony on November 20 in New York City to celebrate its recent uplisting to Nasdaq Capital Market, featuring key technologies and recent milestones. A live earnings webcast will be available on the company's website, with a replay accessible afterward.