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NESR

Bearish signalScored 2026-09-27 Drivers: Congress, trend, fundamentals. Moteurs : Congrès, tendance, fondamentaux.

Research, not advice.

À propos

National Energy Services Reunited Corp.

Nom
National Energy Services Reunited Corp.
Secteur
Energy
Industrie
Oil & Gas Equipment & Services
Bourse
NASDAQ
Capitalisation
$2.1B
Employés
7,352
PDG
Sherif Foda
Site web
https://www.nesr.com
Marché
FLOCHALINVXKLXENINEOIS

National Energy Services Reunited Corp. (NESR), established in 2017 with its headquarters in Houston, Texas, offers an extensive range of oilfield services to energy companies operating across the Middle East, North Africa, and Asia Pacific regions. The company's operations are divided into two main segments: Production Services, and Drilling and Evaluation Services. The Production Services division delivers a variety of solutions aimed at maximizing well output and maintaining essential infrastructure. These encompass hydraulic fracturing and stimulation services designed to boost production, along with numerous coiled tubing applications such as nitrogen lifting, fishing, milling, and wellbore clean-outs. It also provides both primary and remedial cementing services, nitrogen applications, and filtration services, including the supply of frac tanks and pumping units. Furthermore, this segment offers comprehensive pipeline services, covering activities like water filling, hydro testing, nitrogen purging, de-gassing, pressure testing, and critical cutting, welding, and cooling of piping and vessel systems. Additional offerings include production assurance chemicals, laboratory analysis, artificial lift systems, and specialized equipment such as surface and subsurface safety systems, high-pressure packer systems, and flow controls. NESR also supplies service tools, advanced expandable liner technology, vacuum insulated tubing technology, and boasts in-house engineering capabilities with integrated manufacturing and testing facilities. A significant part of its service portfolio also involves water management, including the sourcing, treatment, and disposal of water for oil and gas, municipal, and industrial uses. The Drilling and Evaluation Services segment focuses on the initial stages of oil and gas exploration and well construction, as well as ongoing diagnostics. It supplies various drilling and workover rigs, associated rig services, and specialized solutions for fishing operations and well remediation. This segment also provides advanced directional and turbine drilling services, sophisticated drilling fluid systems, and related technologies. For subsurface analysis and intervention, NESR performs wireline logging and slickline services—the latter being vital for tasks such like removing scale, wax, and sand build-up, setting plugs, exchanging gas lift valves, and other well applications. The segment also conducts well testing to assess the production of solids, gas, oil, and water from a well, and offers rental services for drilling tools. Complementary services include thru-tubing intervention solutions, tubular running services, and the provision of essential wellhead products, flow control apparatus, and frac equipment.

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

VENTE TOTALE: 163 324 titres (~5 744 835,80 $ US)

Insiders
Campo Mejia Antonio JFoda Sherif
Total bought
—

Avg buy (VWAP, 90d window) —

Total sold
$6,221,414

Avg sell (VWAP, 90d window) $35.17 vs last close $24.67 (-29.9%)

Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.

Last activity
2026-09-09
Liquidity
Liquid $53,293,111/day · 20d vol
Last synced
2026-10-02 21:10:41 Synced via automated research pipeline

Sign in to request a sync of this company's price history and timing levels.

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

Date Person Side Shares Price Value Form 4
2026-09-09 Campo Mejia Antonio J Sell · S 63,324 $35.45 $2,244,836 Form 4
2026-08-31 Foda Sherif Sell · S 100,000 $35.00 $3,500,000 Form 4
2026-08-18 Angeli Stefan Sell · S 13,570 $35.12 $476,578 Form 4

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.

Recent trades

DateRepresentativeTypeAmount
2022-12-12Chris JacobsPurchase$1,001 - $15,000

Signal

Bearish signalScored 2026-09-27 Drivers: Congress, trend, fundamentals. Moteurs : Congrès, tendance, fondamentaux.

NESR shows meaningful structural improvement in leverage and profitability, but moderate liquidity (score 60) and fundamental trend scores (65) are undermined by a current ratio near 1.0, DSO above 100 days, and slight…

The first sentence of the analysis written for NESR on 2026-09-27 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Bearish signal Drivers: Congress, trend, fundamentals. Moteurs : Congrès, tendance, fondamentaux.

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

  • Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
  • Congress Unavailable or mixed. 1 purchase disclosure year to date, a thin reading
  • Narrative Pulls against a bullish reading. Stored narrative reading is in the bearish band
  • Timing Pulls against a bullish reading. Close is more than 0.5 ATR under stored support
  • Financial indicators Unavailable or mixed. Current ratio 1.04 · operating margin 7.4%

Suggested stop 22.75, nearest stored support minus 0.5 ATR(7.8% under the last close). Reward/risk to the next stored resistance is 0.09. Wait — that reward/risk is under 2. Research, not advice. Not an order.

Market snapshot

Financial ratios

MetricTrend2025-12-312024-12-312023-12-312022-12-312021-12-31
Gross Profit Margin11.0%16.0%11.3%5.1%-1.7%
Ebit Margin7.0%10.4%6.6%0.5%-5.2%
Ebitda Margin17.7%21.4%19.0%13.2%8.8%
Operating Profit Margin7.4%10.6%7.0%-0.1%-4.9%
Pretax Profit Margin4.6%7.3%2.6%-3.3%-6.9%
Continuous Operations Profit Margin3.9%5.9%1.1%-4.0%-7.4%
Net Profit Margin3.9%5.9%1.1%-4.0%-7.4%
Bottom Line Profit Margin3.9%5.9%1.1%-4.0%-7.4%
Current Ratio1.0421.0731.0150.9891.453
Quick Ratio0.8850.8810.8310.7851.235
Solvency Ratio0.2180.2530.1590.0770.057
Cash Ratio0.2060.2140.1270.1450.476
Price To Earnings Ratio30.11511.20050.769-17.795-13.310
Price To Earnings Growth Ratio-0.8600.022-0.3810.3950.028
Forward Price To Earnings Growth Ratio-0.8600.022-0.3810.3950.028
Price To Earnings Diluted Ratio30.11511.20050.769-17.795-13.310
Price To Earnings Diluted Growth Ratio-0.8600.022-0.3810.3950.027
Price To Book Ratio1.5930.9410.7610.8041.048
Price To Sales Ratio1.1640.6570.5460.7090.981
Price To Free Cash Flow Ratio12.7636.8835.749-21.62141.630
Price To Operating Cash Flow Ratio5.8343.7283.5346.9696.735
Debt To Assets Ratio0.1890.2310.2700.3100.325
Debt To Equity Ratio0.3620.4500.5900.7060.726
Debt To Capital Ratio0.2660.3110.3710.4140.421
Long Term Debt To Capital Ratio0.1780.2190.2880.3280.383
Financial Leverage Ratio1.9131.9532.1882.2792.230
Working Capital Turnover Ratio42.39857.5061,137.9499.6124.991
Operating Cash Flow Ratio0.4370.4550.3320.1700.296
Operating Cash Flow Sales Ratio0.2000.1760.1540.1020.146
Free Cash Flow Operating Cash Flow Ratio0.4570.5420.615-0.3220.162
Debt Service Coverage Ratio1.4611.5381.2050.6400.711
Interest Coverage Ratio3.0243.4531.761-0.027-2.856
Short Term Operating Cash Flow Coverage Ratio2.1711.7851.4670.6461.467
Operating Cash Flow Coverage Ratio0.7550.5610.3650.1630.214
Capital Expenditure Coverage Ratio1.8422.1822.5950.7561.193
Dividend Paid And Capex Coverage Ratio1.8422.1822.5950.7561.193
Dividend Payout Ratio0.0000.0000.0000.0000.000
Enterprise Value Multiple7.5304.1574.7839.42616.299

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

MetricCurrentvs 1Y agovs 5Y avg
Gross Profit Margin 11.0% ▼-5.0% ▲2.7%
Ebit Margin 7.0% ▼-3.4% ▲3.1%
Ebitda Margin 17.7% ▼-3.6% ▲1.7%
Operating Profit Margin 7.4% ▼-3.1% ▲3.4%
Pretax Profit Margin 4.6% ▼-2.8% ▲3.7%
Continuous Operations Profit Margin 3.9% ▼-2.0% ▲4.0%
Net Profit Margin 3.9% ▼-2.0% ▲4.0%
Bottom Line Profit Margin 3.9% ▼-2.0% ▲4.0%
Current Ratio 1.042 ▼-0.031 ▼-0.072
Quick Ratio 0.885 ▲0.004 ▼-0.038
Solvency Ratio 0.218 ▼-0.035 ▲0.065
Cash Ratio 0.206 ▼-0.008 ▼-0.028
Price To Earnings Ratio 30.115 ▲18.915 ▲17.919
Price To Earnings Growth Ratio -0.860 ▼-0.882 ▼-0.701
Forward Price To Earnings Growth Ratio -0.860 ▼-0.882 ▼-0.701
Price To Earnings Diluted Ratio 30.115 ▲18.915 ▲17.919
Price To Earnings Diluted Growth Ratio -0.860 ▼-0.882 ▼-0.701
Price To Book Ratio 1.593 ▲0.651 ▲0.563
Price To Sales Ratio 1.164 ▲0.507 ▲0.353
Price To Free Cash Flow Ratio 12.763 ▲5.880 ▲3.682
Price To Operating Cash Flow Ratio 5.834 ▲2.106 ▲0.474
Debt To Assets Ratio 0.189 ▼-0.042 ▼-0.076
Debt To Equity Ratio 0.362 ▼-0.089 ▼-0.205
Debt To Capital Ratio 0.266 ▼-0.045 ▼-0.091
Long Term Debt To Capital Ratio 0.178 ▼-0.041 ▼-0.101
Financial Leverage Ratio 1.913 ▼-0.040 ▼-0.200
Working Capital Turnover Ratio 42.398 ▼-15.108 ▼-208.093
Operating Cash Flow Ratio 0.437 ▼-0.019 ▲0.099
Operating Cash Flow Sales Ratio 0.200 ▲0.023 ▲0.044
Free Cash Flow Operating Cash Flow Ratio 0.457 ▼-0.085 ▲0.167
Debt Service Coverage Ratio 1.462 ▼-0.077 ▲0.350
Interest Coverage Ratio 3.024 ▼-0.429 ▲1.953
Short Term Operating Cash Flow Coverage Ratio 2.171 ▲0.386 ▲0.664
Operating Cash Flow Coverage Ratio 0.755 ▲0.195 ▲0.343
Capital Expenditure Coverage Ratio 1.842 ▼-0.340 ▲0.128
Dividend Paid And Capex Coverage Ratio 1.842 ▼-0.340 ▲0.128
Dividend Payout Ratio 0.000 0.000 0.000
Enterprise Value Multiple 7.530 ▲3.373 ▼-0.909

Key metrics

MetricTrend20252024202320222021
Market cap$1.54B$855.0M$625.3M$645.2M$860.4M
Enterprise value$1.77B$1.16B$1.04B$1.13B$1.25B
EV / Sales1.33x0.89x0.91x1.25x1.43x
EV / Op. cash flow6.69x5.04x5.89x12.24x9.79x
EV / Free cash flow14.63x9.31x9.58x-37.96x60.50x
EV / EBITDA7.53x4.16x4.78x9.43x16.30x
Net debt / EBITDA0.96x1.08x1.91x4.06x5.08x
Current ratio1.04x1.07x1.01x0.99x1.45x
Income quality5.17x3.00x14.07x-2.54x-1.98x
Graham number$11$13$5——
Graham net-net-$4-$5-$6-$7-$6
Tax burden84.7%79.9%42.1%122.2%106.6%
Interest burden65.0%70.5%39.4%-689.0%133.4%
Working capital$25.5M$37.0M$8.3M-$6.3M$195.5M
Invested capital$1.20B$1.21B$1.21B$1.23B$1.39B
Return on assets2.8%4.3%0.7%-2.0%-3.5%
Operating ROA5.4%7.7%4.5%-0.1%-2.5%
Return on tangible assets4.4%7.2%1.2%-3.4%-6.1%
Return on equity5.3%8.4%1.5%-4.5%-7.9%
Return on invested capital6.1%7.8%2.4%-0.1%-2.9%
Return on capital employed7.9%10.8%6.4%-0.1%-3.1%
Earnings yield3.3%8.9%2.0%-5.6%-7.5%
Free cash flow yield7.8%14.5%17.4%-4.6%2.4%
Capex / Op. cash flow54.3%45.8%38.5%132.2%83.8%
Capex / Depreciation101.2%73.6%47.9%105.7%87.7%
Capex / Sales10.8%8.1%6.0%13.5%12.2%
SG&A / Sales3.6%4.0%4.3%5.2%3.2%
R&D / Sales0.0%0.0%0.0%0.0%0.0%
Stock comp / Sales0.0%0.5%0.6%1.0%1.1%
Intangibles / Total assets37.4%40.1%40.6%40.9%41.9%
Days sales outstanding107d89d113d133d131d
Days payables outstanding130d102d126d150d129d
Operating cycle136d122d149d180d170d
Cash conversion cycle6d20d22d30d41d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation
Market cap ▲+80.3%EV / Sales ▲+50.2%EV / EBITDA ▲+81.2%EV / Op. cash flow ▲+1.645Earnings yield ▼-0.056Graham number ▼-2.367
Profitability
Return on equity ▼-0.031Return on assets ▼-0.015Return on invested capital ▼-0.018Return on capital employed ▼-0.030Operating ROA ▼-0.023Income quality ▲+2.163Tax burden ▲+0.048
Efficiency
Days sales outstanding ▲+17.320Days payables outstanding ▲+28.503Operating cycle ▲+14.386Cash conversion cycle ▼-14.117Capex / Sales ▲+0.028R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.031Net debt / EBITDA ▼-0.123Working capital ▼-11550000.000Invested capital ▼-8594000.000Intangibles / Total assets ▼-0.027

Change over 5 years

Valuation
Market cap ▲+79.2%EV / Sales ▼-6.4%EV / EBITDA ▼-53.8%EV / Op. cash flow ▼-3.102Earnings yield ▲+0.108
Profitability
Return on equity ▲+0.131Return on assets ▲+0.063Return on invested capital ▲+0.090Return on capital employed ▲+0.110Operating ROA ▲+0.079Income quality ▲+7.146Tax burden ▼-0.219
Efficiency
Days sales outstanding ▼-24.605Days payables outstanding ▲+1.735Operating cycle ▼-33.633Cash conversion cycle ▼-35.367Capex / Sales ▼-0.014R&D / Sales n/a
Balance-sheet strength
Current ratio ▼-0.411Net debt / EBITDA ▼-4.125Working capital ▼-170042000.000Invested capital ▼-184324000.000Intangibles / Total assets ▼-0.045

Employee count

Peer market caps

Recent news