NESR
National Energy Services Reunited Corp. Energy Oil & Gas Field Services, NEC Russell 3000
$21.31Close
$2.1BMarket cap
$12.31 – $36.3152-week range
Nov 12, 2026Next report
Highlights
Strengths
- Earnings growing EPS +174% year on year, faster than the quarter before (+58 pts)
Cautions
- Not in an uptrend 4 of 8 trend conditions
- Lagging the market RS 43 · weaker than 57% of stocks over 12 months
- Far from its high 41% below its 52-week high
- Results soon Nov 12, 2026, in 11 days
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
41%
1wk
up 4.2%
price change
1mo
down 16.3%
price change
12-month return
up 56%
market up 11% ·
its own up 40%
F-score
5 / 9
Mixed
Altman Z″
1.71
Moderate risk
P/E
42.0×
price / earnings
PEG
—
P/E / EPS growth
P/B
2.2×
price / book
Earnings yield
up 4.4%
EBIT / enterprise value
Cheaper than
66%
of the market · cheap
Revenue growth
up 2%
year on year
EPS growth
up 174%
latest quarter · +58 pts
Sales growth
up 59%
latest quarter · +26 pts
ROE
up 5%
return on equity
Free cash margin
up 9%
$120.8M FCF
D/E
0.20
long-term debt / equity
Net debt / EBITDA
0.3×
Interest cover
3.0×EBIT / interest
Piotroski tests
- profitability slipped from last year
- short-term liquidity weakened
- issued more shares
- gross margin narrowed
- profitable on its assets
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- assets working harder
Repair signals
- Long-term debt down 25% ($0.3B → $0.2B)
Trade setup
ATR%
6.4%
$1.37 a day · 2×ATR $18.56
RS
43 / 99
vs the universe
Trend
4 / 8
trend template
Relative volume
0.6×
vs 50-day average
Up/down volume
0.70
50 sessions
Implied move
—
no option chain · report Nov 12, 2026
Trend template · 4 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: passes
- Price above the 50-day average: fails
- At least 30% above the 52-week low: passes
- Within 25% of the 52-week high: fails
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 4.9% over the year, from 96m to 101m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Gross margin narrowing Gross margin fell from 16.0% to 12.4%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported
Aug 10, 2026
Last shock
Sep 29, 2026-11% in one session2.7× volumeno filing matched-20% since
Financials
- Gross 12%
- Net 4%
- Free cash 9%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $834.2M | $876.7M | $909.5M | $1.1B | $1.3B | $1.3B |
| Gross margin | 9% | 0% | 7% | 13% | 16% | 12% |
| Operating income | $35.3M | -$43.3M | -$917,000 | $80.7M | $137.7M | $98.3M |
| Net income | $16.6M | -$64.6M | -$36.4M | $12.6M | $76.3M | $51.1M |
| Net margin | 2% | -7% | -4% | 1% | 6% | 4% |
| Earnings per share | $0.19 | -$0.71 | -$0.39 | $0.13 | $0.80 | $0.52 |
| Free cash flow | $134.5M | $20.7M | -$29.8M | $108.8M | $124.2M | $120.8M |
| Free cash margin | 16% | 2% | -3% | 9% | 10% | 9% |
| Cash | $75.0M | $205.8M | $78.9M | $67.8M | $108.0M | $124.8M |
| Long-term debt | $308.6M | $508.8M | $391.9M | $331.6M | $254.4M | $191.4M |
| Shareholders' equity | $944.4M | $821.0M | $802.3M | $821.5M | $908.2M | $967.9M |
| Shares outstanding | 87.78m | 91.37m | 94.01m | 95m | 96.05m | 100.79m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 10, 2026 | Quarterly ↗ | Jun 30, 2026 | 41d |
| May 11, 2026 | Quarterly ↗ | Mar 31, 2026 | 41d |
| Mar 6, 2026 | Annual ↗ | Dec 31, 2025 | 65d |
| Nov 13, 2025 | Interim ↗ | Sep 30, 2025 | 44d |
| Aug 20, 2025 | Interim ↗ | Jun 30, 2025 | 51d |
| Jun 3, 2025 | Interim ↗ | Mar 31, 2025 | 64d |
| Mar 28, 2025 | Annual ↗ | Dec 31, 2024 | 87d |
| Nov 19, 2024 | Interim ↗ | Sep 30, 2024 | 50d |
| Aug 29, 2024 | Interim ↗ | Jun 30, 2024 | 60d |
| Apr 30, 2024 | Annual ↗ | Dec 31, 2023 | 121d |
| Dec 29, 2023 | Annual ↗ | Dec 31, 2022 | 363d |
| Nov 5, 2021 | Interim ↗ | Sep 30, 2021 | 36d |
Current reports
| Filed | Disclosed |
|---|---|
| Aug 10, 2026 | Results · Regulation FD ↗ |
| Aug 10, 2026 | Auditor change ↗ |
| Jul 21, 2026 | Director or officer change ↗ |
| May 14, 2026 | Regulation FD ↗ |
| May 11, 2026 | Results · Regulation FD ↗ |
| May 7, 2026 | Shareholder vote ↗ |
| Feb 17, 2026 | Results · Regulation FD ↗ |
| Nov 13, 2025 | Foreign issuer report ↗ |
| Nov 13, 2025 | Foreign issuer report ↗ |
| Aug 20, 2025 | Foreign issuer report ↗ |
| Aug 20, 2025 | Foreign issuer report ↗ |
| Jul 3, 2025 | Foreign issuer report ↗ |