National Energy Services Reunited (NASDAQ:NESR) Announces Earnings Results, Hits Estimates

Posted by Hanz Christensen on Mar 13th, 2025

National Energy Services Reunited (NASDAQ:NESR – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.30 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.30, Zacks reports.

National Energy Services Reunited Stock Up 6.4 %

NESR stock opened at $8.09 on Thursday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.91 and a current ratio of 1.10. The business has a 50 day simple moving average of $8.88 and a 200-day simple moving average of $8.99. National Energy Services Reunited has a 1 year low of $7.36 and a 1 year high of $10.30.

Analyst Ratings Changes

NESR has been the subject of several research reports. JPMorgan Chase & Co. initiated coverage on National Energy Services Reunited in a research note on Friday, December 6th. They set an “overweight” rating and a $13.00 price objective for the company. Benchmark initiated coverage on National Energy Services Reunited in a research note on Tuesday, January 21st. They set a “buy” rating and a $15.00 price objective for the company. Finally, Barclays reiterated an “overweight” rating and set a $16.00 price objective on shares of National Energy Services Reunited in a research note on Friday, January 31st.

View Our Latest Analysis on NESR

National Energy Services Reunited Company Profile

(Get Free Report)

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.