National Energy Services Reunited (NESR) has released an update.
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National Energy Services Reunited Corp. reported a rise in total assets to $1.8 billion as of September 30, 2024, compared to $1.79 billion at the end of 2023, driven by increased cash equivalents and unbilled revenue. The company’s equity also saw an uptick, reaching $873.5 million, a notable improvement from $821.5 million at the start of the year. However, liabilities decreased slightly, reflecting effective management of debt and operating expenses.
For further insights into NESR stock, check out TipRanks’ Stock Analysis page.
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