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National Energy Services Reunited ( (NESR) ) has shared an update.
On July 3, 2025, National Energy Services Reunited Corp. announced the successful completion of its exchange offer and consent solicitation regarding its outstanding warrants, resulting in the issuance of 3,413,645 ordinary shares. The company plans to exchange all remaining untendered warrants by July 18, 2025, effectively eliminating all outstanding warrants and leading to their delisting from Nasdaq. This strategic move is expected to streamline NESR’s equity structure and potentially enhance shareholder value.
The most recent analyst rating on (NESR) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on National Energy Services Reunited stock, see the NESR Stock Forecast page.
Spark’s Take on NESR Stock
According to Spark, TipRanks’ AI Analyst, NESR is a Outperform.
NESR’s overall score reflects its solid financial performance and strategic positioning in growth regions, which are significant strengths. The technical indicators and valuation suggest potential for future appreciation, though challenges in the Saudi Arabian market and high capital expenditures present risks.
To see Spark’s full report on NESR stock, click here.
More about National Energy Services Reunited
Founded in 2017, National Energy Services Reunited Corp. (NESR) is a leading provider of integrated energy services in the Middle East and North Africa (MENA) region, as well as the Asia Pacific. The company specializes in production services, including hydraulic fracturing, cementing, and coiled tubing, and drilling and evaluation services, such as directional drilling and testing services, employing over 6,000 people across 16 countries.
Average Trading Volume: 604,126
Technical Sentiment Signal: Sell
Current Market Cap: $616.3M
See more data about NESR stock on TipRanks’ Stock Analysis page.