National Energy Services Reunited Corp. (NESRW) Stock Analysis
DELISTED 2025
What happened to National Energy Services Reunited Corp. (NESRW) stock?
National Energy Services Reunited Corp. (NESRW) no longer trades on public markets. It was delisted in July 2025. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
National Energy Services Reunited Corp. (NESRW) trades at $0.50. National Energy Services Reunited Corp. (NESRW) is a Houston-based provider of integrated oilfield services, focusing on the Middle East, North Africa, and Asia Pacific regions. Market cap: $709M, Sector: Energy.
Last analyzed: Jun 14, 2026Analyst Coverage for NESRW: NESRW does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NESRW against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
NESRW: the 2 scored disciplines are evenly split. Dominant signal: Jim Simons bullish.
How is this calculated? →National Energy Services Reunited Corp. (NESRW) Energy Operations & Outlook
National Energy Services Reunited Corp. (NESRW) delivers a comprehensive range of oilfield services, emphasizing production optimization and drilling solutions across the MENA and Asia Pacific regions, supported by strong engineering capabilities and a commitment to enhancing well productivity.
What Is the Investment Thesis for NESRW?
National Energy Services Reunited Corp. (NESRW) is positioned to capitalize on the growing demand for oilfield services within the MENA and Asia Pacific regions, driven by increasing energy needs and exploration activities. The company boasts a market capitalization of approximately $0.71 billion and a P/E ratio of 38.9, indicating a premium valuation in a competitive landscape. Key value drivers include its extensive service offerings in both production and drilling segments, which are essential for optimizing well performance. The ongoing shift towards more efficient and sustainable energy solutions presents additional growth opportunities for NESRW. However, potential risks include geopolitical instability in its primary operating regions, which could disrupt operations and impact revenue. Monitoring energy prices and regional political developments will be crucial for assessing NESRW's future performance.
Based on FMP financials and quantitative analysis
NESRW Key Highlights
Market Cap of $709M, reflecting strong market presence in oilfield services.
- P/E ratio of 38.9 indicates premium valuation compared to industry norms.
- Profit Margin of 4.5% demonstrates operational efficiency within a competitive landscape.
- Gross Margin of 11.2% is indicative of the company's ability to manage costs in service delivery.
- Beta of 0.85 suggests lower volatility compared to the broader market.
Who Are NESRW's Competitors?
NESRW is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| SEI Solaris Energy Infrastructure, Inc. | $54.24 | -7.76% | $3.32B | 42 |
| PSYTF Pason Systems Inc. | $9.85 | -4.74% | $764M | 54 |
| NR Newpark Resources, Inc. | $7.25 | -4.86% | $627M | 51 |
| MTTRF Mattr Corp. | $13.74 | -2.05% | $843M | 58 |
| CLB Core Laboratories N.V. | $12.29 | -2.85% | $567M | 52 |
| HMH HMH | $20.23 | -3.67% | $904M | 61 |
| DRQ Dril-Quip, Inc. | $15.41 | -3.51% | $531M | 54 |
| SOI Solaris Oilfield Infrastructure, Inc. | $11.32 | -0.88% | $498M | 58 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NESRW's Key Strengths?
Diverse service offerings that cater to various stages of oilfield development.
- Strong engineering capabilities and in-house manufacturing enhance operational efficiency.
- Established presence in key growth markets of MENA and Asia Pacific.
What Are NESRW's Weaknesses?
Dependence on the volatile oil and gas market, which can impact revenue stability.
- Limited brand recognition compared to larger, established competitors in the industry.
- Relatively high P/E ratio may indicate overvaluation in a competitive landscape.
What Could Drive NESRW Stock Higher?
Expansion of service offerings in the MENA region to capture growing market demand.
- Increased operational efficiency through technological advancements and in-house manufacturing capabilities.
- Strategic partnerships aimed at enhancing service delivery and geographic reach.
What Are the Key Risks for NESRW?
Financial-distress signal — its Altman Z-Score of 1.39 sits in the distress zone (elevated bankruptcy risk).
- Rich valuation — a P/E of 38.9 runs well above the Energy sector’s ~19x, leaving little room for a miss.
- Geopolitical instability in key operating regions could disrupt operations.
- Fluctuations in commodity prices may impact demand for oilfield services.
- Regulatory changes could impose additional compliance costs and operational challenges.
What Are the Growth Opportunities for NESRW?
- Expansion in the MENA Region: NESRW aims to enhance its market share in the MENA region, which is projected to witness a compound annual growth rate (CAGR) of 5% in oilfield services through 2028. The increasing exploration and production activities in this region present significant opportunities for NESRW to expand its service offerings and customer base.
- Technological Advancements: The company is investing in advanced drilling technologies and innovative solutions to improve operational efficiency. The global market for drilling services is expected to grow at a CAGR of 6% over the next five years, providing NESRW with the opportunity to leverage its engineering expertise to capture a larger share of this growing market.
- Sustainability Initiatives: With the global shift towards sustainable energy practices, NESRW is focusing on developing environmentally friendly solutions for oil and gas extraction. This aligns with the increasing regulatory pressures and market demand for sustainable practices, potentially opening new revenue streams and enhancing its competitive positioning.
- Strategic Partnerships: NESRW is exploring strategic partnerships with local and international firms to enhance its service capabilities and expand its geographic reach. Collaborations can lead to increased operational synergies and access to new markets, further driving growth in the coming years.
- Diversification of Service Offerings: The company is actively working to diversify its service portfolio, including the introduction of new technologies and enhanced service lines. This diversification strategy aims to mitigate risks associated with market fluctuations and position NESRW as a comprehensive solutions provider in the oil and gas sector.
What Are NESRW's Competitive Advantages?
- Strong engineering expertise and in-house manufacturing capabilities set NESRW apart from competitors.
- Comprehensive service offerings that cover both production and drilling phases enhance customer loyalty.
- Established relationships with key players in the oil and gas industry bolster competitive positioning.
What Does NESRW Do?
Founded in 2017 and headquartered in Houston, Texas, National Energy Services Reunited Corp. (NESRW) offers a wide array of oilfield services tailored to the needs of petroleum and natural gas companies in the Middle East, North Africa, and Asia Pacific regions. The company operates through two main divisions: Production Services and Drilling and Evaluation Services. The Production Services segment focuses on maximizing well productivity and longevity through a variety of solutions, including hydraulic fracturing, coiled tubing services, and cementing operations. Additionally, NESRW provides pipeline maintenance and integrity services, along with production assurance chemicals and advanced safety equipment. The Drilling and Evaluation Services segment is dedicated to the exploration and drilling phases of well development, offering services such as drilling rigs, directional drilling, and wireline logging. NESRW's in-house manufacturing and testing capabilities further enhance its service offerings, allowing the company to manage water sourcing, treatment, and disposal for various applications. With a workforce of over 6,500 employees, NESRW has positioned itself as a key player in the oilfield services sector, leveraging its engineering expertise and comprehensive service portfolio to meet the evolving demands of the energy industry.
What Products and Services Does NESRW Offer?
- Provide hydraulic fracturing and coiled tubing services to optimize well productivity.
- Offer drilling and evaluation services, including drilling rigs and directional drilling.
- Manage pipeline maintenance and integrity through various engineering solutions.
- Deliver production assurance chemicals and advanced safety equipment.
- Conduct well testing and analytical services to assess production efficiency.
- Leverage in-house manufacturing capabilities for service enhancement.
How Does NESRW Make Money?
- Generate revenue through a comprehensive suite of oilfield services tailored to client needs.
- Leverage engineering expertise to provide innovative solutions for production and drilling.
- Engage in long-term contracts with oil and gas companies for service provision.
- Utilize in-house manufacturing capabilities to reduce costs and enhance service delivery.
What Industry Does NESRW Operate In?
The oil & gas equipment and services industry is experiencing robust growth, driven by increasing global energy demand and the need for advanced drilling and production technologies. The market is projected to expand as companies seek to optimize their operations and reduce costs amid fluctuating commodity prices. NESRW fits into this competitive landscape by providing a comprehensive suite of services tailored to the specific needs of oil and gas companies, particularly in the MENA region, which is known for its rich hydrocarbon resources. As geopolitical stability improves and exploration activities ramp up, NESRW is well-positioned to capture market share and drive growth.
Who Are NESRW's Key Customers?
- Petroleum and natural gas companies operating in the MENA and Asia Pacific regions.
- Large multinational energy corporations seeking integrated oilfield services.
- Independent oil and gas operators requiring specialized drilling and production services.
Key Financial Metrics
Return on equity for National Energy Services Reunited Corp. stands at 10.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.0%, showing how much profit it generates from its asset base. NESRW trades at a trailing price-to-earnings ratio of 38.94, above the Energy sector average of ~19x. Its free cash flow yield is 7.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.02 indicates the company holds enough short-term assets to cover its near-term obligations.
How National Energy Services Reunited Corp. Is Valued
National Energy Services Reunited Corp. carries a market capitalization of $709M, placing it in the small-cap category.
Financial Health
National Energy Services Reunited Corp.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.39 places it in the distress zone, a signal of elevated financial risk.
Forward Outlook
Wall Street analysts project National Energy Services Reunited Corp. revenue of about $1.47B for fiscal 2026, with EPS near $0.00. The estimate reflects 4 contributing analysts.
NESRW Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in the company's future, indicating that executives believe in the growth potential of NESRW.
- Community sentiment has shifted positively, with discussions highlighting the company's strategic partnerships and potential market expansion.
- Investors are optimistic about the energy sector's recovery, and NESRW is well-positioned to benefit from this trend given its service offerings.
- Recent announcements of new contracts have sparked interest, showcasing the company's ability to secure business even in competitive environments.
Bear Case
- Concerns about the volatility in the energy market could dampen investor enthusiasm, as fluctuations may impact revenue stability for NESRW.
- Some community members express skepticism about the company's long-term growth strategy, questioning its adaptability to changing market conditions.
- Recent regulatory challenges in the energy sector have raised uncertainty, leading to caution among investors regarding NESRW's operational risks.
- Despite recent positive sentiment, broader economic indicators suggest potential headwinds that could affect demand for NESRW's services.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
NESRW Latest News
No recent news available for NESRW.
Leadership: Sherif Foda
CEO
Sherif Foda has extensive experience in the oil and gas industry, having held various leadership roles in multinational corporations. He holds a degree in Engineering and has a proven track record of driving operational excellence and strategic growth in competitive markets.
Track Record: Under Sherif Foda's leadership, NESRW has successfully expanded its service offerings and established a strong market presence in the MENA region. His strategic vision has led to significant operational improvements and enhanced customer satisfaction.
What Investors Ask About National Energy Services Reunited Corp. (NESRW) — Energy
What happened to National Energy Services Reunited Corp. (NESRW) stock?
National Energy Services Reunited Corp. (NESRW) no longer trades on public markets. It was delisted in July 2025. The figures below are historical and are not a current quote.
Can I still buy NESRW shares?
No. NESRW stopped trading on public markets in July 2025, so the shares are not available through a broker. Anything you see quoted for NESRW elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before NESRW stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to National Energy Services Reunited Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does National Energy Services Reunited Corp. do?
National Energy Services Reunited Corp. (NESRW) provides a comprehensive range of oilfield services to petroleum and natural gas companies, focusing on both production and drilling phases. Its offerings include hydraulic fracturing, coiled tubing services, drilling rigs, and pipeline maintenance, primarily in the Middle East, North Africa, and Asia Pacific regions.
What are the main risks for NESRW?
National Energy Services Reunited Corp. faces several risks, including geopolitical instability in the MENA region, which could disrupt operations and impact revenue. Additionally, fluctuations in commodity prices may adversely affect demand for its services, while regulatory changes could introduce compliance costs and operational challenges.
How does NESRW's service portfolio compare to its competitors?
NESRW offers a diverse range of services across both production and drilling segments, which differentiates it from competitors like Solaris Energy Infrastructure, Inc. Its in-house manufacturing capabilities and engineering expertise further enhance its service delivery, enabling it to meet the specific needs of clients in the oil and gas sector.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Data is based on the latest available information as of June 2026.