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NESRNational Energy Services Reunited Corp Ordinary Shares

NASDAQ · Energy · Oil & Gas Equipment & Services

$35.20

+$0.48 (+1.38%)

National Energy Services Reunited Corp Ordinary Shares (NESR) is a oil & gas equipment & services company listed on NASDAQ. It is led by Sherif Foda, based in 777 Post Oak Boulevard, Houston, TX, United States, 77056, with about 6,554 employees. National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. 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 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 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.

Net income was -$1.9M. NESR currently screens at market cap $621.2M and trailing P/E 8.1.

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About National Energy Services Reunited Corp Ordinary Shares

National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. 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 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 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.

NESR Key Statistics

Market Cap

$621.16M

Volume

1.78M

Previous Close

$33.42

Day Range

$32.90$34.47

P/E Ratio

8.05

0

EPS

$0.00

Revenue

$0.00

Net Income

-$2.86M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

6,554

NESR Financials

Annual income statement in USD. Latest reported periods first.

NESR annual income statement across FY2017
LineFY2017
Revenue$0.00
Cost of Revenue$0.00
Gross Profit$0.00
Operating Income$0.00
Net Income-$2.86M
EPS (Diluted)$0.00

Total Assets

$231.42M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$741.10K

Operating Cash Flow

-$865.00K

Free Cash Flow

$0.00

National Energy Services Reunited Corp Ordinary Shares Company Information

Executive Chairman & CEO
Sherif Foda
Headquarters
777 Post Oak Boulevard, Houston, TX, United States, 77056
Phone
832 925 3777
IPO / Founded
2017-05-12
Sector
Energy
Industry
Oil & Gas Equipment & Services
Data Updated:

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