National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The 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 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. It also provides production assurance chemicals; laboratory services; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources, treats, and disposes water for oil and gas, municipal, and industrial use. The Drilling and Evaluation Services segment offers drilling and workover rigs; rig services; fishing and remedial solutions; directional and turbines drilling services; drilling fluid systems and related technologies; wireline logging services; 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 a well, as well as rents drilling tools. It also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. The company was incorporated in 2017 and is headquartered in Houston, Texas.

	Dec '16	Dec '17	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue		271.32M -	658.38M -	834.15M 26.70%	876.73M 5.10%	909.52M 3.74%	1.15B 25.99%
cost of revenue		200.15M -	522.73M -	772.06M 47.70%	891.99M 15.53%	862.90M 3.26%	1.02B 17.75%
gross profit		71.17M -	135.65M -	62.09M 54.23%	-15.26M 124.58%	46.61M 405.44%	129.88M 178.63%
selling and marketing expenses
general and administrative expenses
selling general and administrative expenses		30.34M -	63.84M -	26.81M 58.00%	28.07M 4.70%	47.53M 69.32%	49.17M 3.46%
research and development expenses
other expenses		-573K -	-408K -	9.14M 2,339.95%	-2.07M 122.68%	5.24M 352.87%	-5.03M 195.97%
cost and expenses		231.09M -	586.57M -	798.87M 36.19%	920.06M 15.17%	910.43M 1.05%	1.07B 17.00%
operating expenses		30.94M -	63.84M -	26.81M 58.00%	28.07M 4.70%	47.53M 69.32%	49.17M 3.46%
interest expense		6.72M -	18.97M -	15.88M 16.30%	15.17M 4.44%	34.13M 124.90%	45.83M 34.28%
ebitda		78.07M -	159.52M -	165.14M 3.53%	76.72M 53.54%	120.17M 56.63%	217.90M 81.33%
operating income		39.66M -	71.81M -	35.28M 50.88%	-43.33M 222.83%	-917K 97.88%	80.70M 8,900.76%
depreciation and amortization		38.41M -	88.11M -	120.72M 37.01%	122.13M 1.16%	115.84M 5.14%	142.23M 22.78%
total other income expenses net		-573K -	-408K -	9.70M 2,476.47%	-2.07M 121.38%	5.24M 352.87%	-5.03M 195.97%
income before tax		32.94M -	52.44M -	29.09M 44.51%	-60.58M 308.21%	-29.80M 50.81%	29.85M 200.15%
income tax expense		4.59M -	13.07M -	12.54M 4.06%	3.99M 68.19%	6.62M 65.93%	17.27M 160.86%
net income		30.63M -	39.36M -	16.55M 57.94%	-64.57M 490.02%	-36.42M 43.59%	12.58M 134.54%
weighted average shs out	28.65M -	342.25M 1,094.50%	87.00M -	88.85M 2.12%	91.04M 2.47%
weighted average shs out dil	28.65M -	370M 1,191.35%	87.00M -	89.12M 2.44%	91.04M 2.16%
eps		0.09 -	0.45 -	0.19 57.78%	-0.71 473.68%
epsdiluted		0.08 -	0.45 -	0.18 60%	-0.71 494.44%

NASDAQ:NESRW

National Energy Services Reunited Corp.

Last Close

9.80

20/05 19:57

Market Cap

793.22M

Beta: 0.87

Volume Today

41.73K

Avg: -