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National Energy Services Reunited Corp.

NESR Nasdaq Energy · Oil & Gas Field Services, Nec Houston, TX www.nesr.com
$32.57
Mkt Cap 3.28B
National Energy Services Reunited Corp. ( NESR, the Company, we, our, us or similar terms) is one of the largest oilfield services providers in the Middle East and North Africa ( MENA ) region. The Co…

National Energy Services Reunited Corp. ( NESR, the Company, we, our, us or similar terms) is one of the largest oilfield services providers in the Middle East and North Africa ( MENA ) region. The Company’s business consists primarily of upstream and midstream oilfield services with oil and natural gas companies as customers. NESR’s revenues are primarily derived by providing production services ( 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, completions and integrated production management. NESR also provides drilling and evaluation services ( Drilling and Evaluation Services ) such as rigs and integrated services, fishing and downhole tools, thru-tubing intervention, tubular running services, directional drilling, drilling and completion fluids, pressure control, well testing services, wireline logging services, and slickline services. NESR has significant operations throughout the MENA region including Saudi Arabia, Oman, Kuwait, United Arab Emirates ( UAE ), Iraq, Algeria, Egypt and Libya. Formed in January 2017, NESR filed a registration statement for its initial public offering in May 2017. In November 2017, NESR announced the acquisition of two oilfield services companies in the MENA region. On June 6, 2018, NESR acquired all of the issued and outstanding equity interests of NPS Holdings Limited ( NPS ) and Gulf Energy S.A.O.C. ( GES ) (collectively, the NPS/GES Business Combination ).

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REVENUE TTM
$1.95B
P/E RATIO
30.2x
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