📊 NESR Key Takeaways
Is National Energy Services Reunited Corp. (NESR) a Good Investment?
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.
NESR shows modest revenue growth and solid free-cash-flow generation with manageable leverage, but profitability remains thin and liquidity is tight. Flat net income and a sharply lower EPS signal execution/dilution risks; clearer margin expansion and improved working capital are needed for a more constructive stance.
Why Buy National Energy Services Reunited Corp. Stock? 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
- Positive free cash flow with a 9.1% margin
- Moderate leverage (0.27x D/E) and 3.0x interest cover
- Stable top-line growth (+1.7% YoY)
NESR Stock Risks: National Energy Services Reunited Corp. Investment Risks
- 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
- Tight liquidity (current 1.04x, quick 0.89x)
- Thin margins and low returns (net 3.9%, ROE 5.3%)
- EPS down 35% YoY with flat net income
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
- Operating margin
- Quick ratio
National Energy Services Reunited Corp. (NESR) Financial Metrics & Key Ratios
💡 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 Profit Margin, ROE & Profitability Analysis
NESR vs Energy Sector: How National Energy Services Reunited Corp. Compares
How National Energy Services Reunited Corp. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is National Energy Services Reunited Corp. Stock Overvalued? NESR Valuation Analysis 2026
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.
National Energy Services Reunited Corp. Balance Sheet: NESR Debt, Cash & Liquidity
NESR Revenue & Earnings Growth: 5-Year Financial Trend
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 Revenue Growth, EPS Growth & YoY Performance
National Energy Services Reunited Corp. Dividends, Buybacks & Capital Allocation
NESR SEC Filings: Latest 10-K & 10-Q 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 a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 72% combined 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. ChatGPT: Positive free cash flow with a 9.1% margin. Moderate leverage (0.27x D/E) and 3.0x interest cover.
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. ChatGPT: Tight liquidity (current 1.04x, quick 0.89x). Thin margins and low returns (net 3.9%, ROE 5.3%).
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 72% 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).