National Energy Services Reunited (NASDAQ:NESR) Hits New 1-Year High After Better-Than-Expected Earnings

Shares of National Energy Services Reunited (NASDAQ:NESR) hit a new 52-week high during mid-day trading on Tuesday after the company announced better than expected quarterly earnings. The company traded as high as $22.50 and last traded at $22.4030, with a volume of 246434 shares changing hands. The stock had previously closed at $20.83.

The company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.07. The business had revenue of $398.26 million during the quarter. National Energy Services Reunited had a net margin of 3.86% and a return on equity of 8.57%. The company’s revenue was up 15.9% compared to the same quarter last year.

Trending Headlines about National Energy Services Reunited

Here are the key news stories impacting National Energy Services Reunited this week:

• Positive Sentiment: Q4 beat and strong underlying metrics — NESR reported Q4 EPS of $0.32, topping consensus, and revenue of $398.3M (up 15.9% YoY). Management flagged sizable sequential improvement in adjusted EBITDA and adjusted EPS. NESR Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: Management growth outlook — Company outlined a path to a $2 billion revenue run-rate by end of 2026 and said it is expanding its MENA contract base, which supports medium-term top-line growth expectations. NESR outlines path to $2B revenue run rate
• Positive Sentiment: Analyst upgrade/target lift — BTIG raised its price target to $28 and kept a buy rating, providing an independent validation of upside vs. the current level and likely supporting additional buying interest. BTIG raises price target to $28 (Benzinga)
• Positive Sentiment: Improved cash flow and adjusted profitability — NESR reported operating cash flow of $264.2M for the year and free cash flow of $120.8M; adjusted net income and adjusted EBITDA improved sequentially, which supports valuation and shareholder-return optionality. Q4 financial results and cash flow (AccessWire)
• Positive Sentiment: Market reaction — The stock traded to an intraday all-time high after results and commentary, reflecting investor enthusiasm around the beat and guidance. NESR Propels to All-Time High on Earnings Beat
• Neutral Sentiment: Full earnings disclosures and call transcript are available for detail — investors can review the conference call transcript and highlights to assess segment performance and contract updates. Earnings call transcript (Seeking Alpha)
• Negative Sentiment: GAAP net income and diluted EPS weakness YoY — Despite adjusted gains, GAAP net income ($7.8M) and diluted EPS ($0.08) were down significantly year-over-year, which could concern value-focused investors and temper enthusiasm if GAAP recovery lags. Q4 GAAP results and note on EPS (AccessWire)

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NESR. Piper Sandler raised their price objective on National Energy Services Reunited from $15.00 to $19.00 and gave the stock an “overweight” rating in a report on Tuesday, November 18th. BTIG Research increased their target price on National Energy Services Reunited from $16.00 to $28.00 and gave the stock a “buy” rating in a research report on Tuesday. Zacks Research lowered National Energy Services Reunited from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, February 11th. National Bank Financial set a $21.00 price objective on shares of National Energy Services Reunited in a research note on Friday, January 9th. Finally, Maxim Group set a $30.00 price objective on shares of National Energy Services Reunited in a report on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, National Energy Services Reunited has a consensus rating of “Moderate Buy” and a consensus target price of $25.14.

Institutional Trading of National Energy Services Reunited

Institutional investors and hedge funds have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its holdings in National Energy Services Reunited by 4.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 11,092 shares of the company’s stock valued at $174,000 after buying an additional 501 shares during the period. VARCOV Co. acquired a new stake in shares of National Energy Services Reunited in the fourth quarter worth $398,000. SummitTX Capital L.P. purchased a new position in shares of National Energy Services Reunited in the 4th quarter valued at $7,598,000. Millennium Management LLC lifted its holdings in shares of National Energy Services Reunited by 1,482.3% during the 4th quarter. Millennium Management LLC now owns 1,237,585 shares of the company’s stock valued at $19,381,000 after acquiring an additional 1,159,372 shares in the last quarter. Finally, Man Group plc purchased a new stake in National Energy Services Reunited during the 4th quarter worth $1,389,000. Institutional investors and hedge funds own 15.55% of the company’s stock.

National Energy Services Reunited Trading Up 2.1%

The firm has a fifty day moving average of $18.06 and a 200-day moving average of $13.44. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.92 and a current ratio of 1.10. The stock has a market capitalization of $2.38 billion, a price-to-earnings ratio of 46.55, a P/E/G ratio of 0.70 and a beta of 0.25.

About National Energy Services Reunited

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.