📊 NESR Key Takeaways
Is NESR a Good Investment? Thesis Analysis
NESR exhibits stagnant fundamentals with negligible revenue growth (1.7%) and flat net income despite a mature oil & gas services business. The 35% YoY EPS decline reflects severe per-share value destruction, while weak returns on capital (ROE 5.3%, ROA 2.8%) indicate inefficient asset deployment.
Why Buy NESR? Key Strengths
- Strong free cash flow generation ($120.8M, 9.1% FCF margin) demonstrates operational cash generation capability
- Conservative balance sheet with Debt/Equity ratio of 0.27x and manageable leverage profile
- Adequate liquidity cushion with $124.8M cash reserves and 3.0x interest coverage ratio
NESR Investment Risks to Consider
- Stagnant growth profile: revenue +1.7% YoY, net income flat YoY indicating business deterioration
- Earnings per share collapsed 35% YoY—significant per-share value destruction suggesting share dilution or margin compression
- Weak capital efficiency: ROE of 5.3% and ROA of 2.8% indicate poor returns on invested capital
- Thin profit margins (3.9% net, 12.4% gross) limit financial flexibility and pricing power in sector downturn
- Quick ratio 0.89x signals liquidity pressure; dependent on inventory conversion for working capital management
- No insider buying activity in 90 days reflects lack of management confidence in business trajectory
Key Metrics to Watch
- Operating cash flow sustainability and conversion to net income
- Gross margin and operating margin trends quarter-over-quarter
- Return on Equity trajectory and capital allocation decisions
- Free cash flow generation relative to CapEx requirements
- Debt covenants and working capital metrics given tight quick ratio
NESR Financial Metrics
💡 AI Analyst Insight
National Energy Services Reunited Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
NESR Profitability Ratios
NESR vs Energy Sector
How National Energy Services Reunited Corp. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NESR Overvalued or Undervalued?
Based on fundamental analysis, National Energy Services Reunited Corp. has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NESR Balance Sheet & Liquidity
NESR 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: National Energy Services Reunited Corp.'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $0.13 reflects profitable operations.
NESR Growth Metrics (YoY)
NESR Capital Allocation
NESR SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for National Energy Services Reunited Corp. (CIK: 0001698514)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NESR
What is the AI rating for NESR?
National Energy Services Reunited Corp. (NESR) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are NESR's key strengths?
Claude: Strong free cash flow generation ($120.8M, 9.1% FCF margin) demonstrates operational cash generation capability. Conservative balance sheet with Debt/Equity ratio of 0.27x and manageable leverage profile.
What are the risks of investing in NESR?
Claude: Stagnant growth profile: revenue +1.7% YoY, net income flat YoY indicating business deterioration. Earnings per share collapsed 35% YoY—significant per-share value destruction suggesting share dilution or margin compression.
What is NESR's revenue and growth?
National Energy Services Reunited Corp. reported revenue of $1.3B.
Does NESR pay dividends?
National Energy Services Reunited Corp. does not currently pay dividends.
Where can I find NESR SEC filings?
Official SEC filings for National Energy Services Reunited Corp. (CIK: 0001698514) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NESR's EPS?
National Energy Services Reunited Corp. has a diluted EPS of $0.52.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NESR a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, National Energy Services Reunited Corp. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NESR stock overvalued or undervalued?
Valuation metrics for NESR: ROE of 5.3% (sector avg: 14%), net margin of 3.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy NESR stock in 2026?
Our dual AI analysis gives National Energy Services Reunited Corp. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NESR's free cash flow?
National Energy Services Reunited Corp.'s operating cash flow is $264.2M, with capital expenditures of $143.5M. FCF margin is 9.1%.
How does NESR compare to other Energy stocks?
Vs Energy sector averages: Net margin 3.9% (avg: 12%), ROE 5.3% (avg: 14%), current ratio 1.04 (avg: 1.3).