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National Energy Services Reunited (NESR)
NASDAQ:NESR
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.2Last Year’s EPS
0.2Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 03, 2025
|% Change Since: -4.27%
|Next Earnings Date:Aug 12, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted NESR's strategic positioning and contract wins in key growth regions like Kuwait and Oman, alongside technological advancements. However, challenges such as revenue and EBITDA margin declines, particularly in Saudi Arabia, were noted. The sentiment is cautiously optimistic with significant growth potential despite current market softness.Company Guidance
During the NESR First Quarter 2025 Earnings Call, Sherif Foda, Chairman and CEO, discussed the company's strategic positioning amid a resetting oil cycle, characterized by geopolitical tensions and trade uncertainties impacting economic growth and oil demand. Despite these challenges, NESR anticipates growth in 2025 and 2026, driven by recent contract wins and strategic investments in technology. The company reported a Q1 2025 revenue of $303.1 million, a 2.1% year-over-year increase, although down 11.7% sequentially, and an adjusted EBITDA of $62.5 million with margins at 20.6%. NESR is focusing on expanding its contracts in Oman, UAE, and particularly Kuwait, where it sees substantial growth opportunities. The company is also advancing its technological capabilities, notably with its rotary steerable system, to enhance its service offerings. Despite a softer market in Saudi Arabia, NESR remains confident in its ability to outperform due to its strategic positioning in the Middle East and North Africa region.Quarterly Revenue Growth
NESR's Q1 2025 revenue was $303.1 million, up 2.1% year-over-year, outpacing the broader market.
Strong Market Positioning and Contract Wins
NESR has recently won multiple key contracts in regions like Oman, UAE, and Kuwait, contributing to expected growth in 2025 and 2026.
Strategic Growth in Kuwait
Kuwait is a significant growth area, with NESR tendering for several billion dollars in multiyear contracts, alongside investments like the Ahmadi Innovation Valley.
Technological Advancements
NESR is advancing in frontier technologies like rotary steerable systems (RSS) and mineral recovery, with successful pilot projects underway.
National Energy Services Reunited (NESR) Earnings, Revenues Date & History
NESR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NESR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 03, 2025 | $6.32 | $5.97 | -5.54% |
Mar 12, 2025 | $7.60 | $8.09 | +6.45% |
Nov 19, 2024 | $8.51 | $8.78 | +3.17% |
Aug 29, 2024 | $9.50 | $9.50 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does National Energy Services Reunited (NESR) report earnings?
National Energy Services Reunited (NESR) is schdueled to report earning on Aug 12, 2025, TBA Not Confirmed.
What is National Energy Services Reunited (NESR) earnings time?
National Energy Services Reunited (NESR) earnings time is at Aug 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NESR EPS forecast?
NESR EPS forecast for the fiscal quarter 2025 (Q2) is 0.2.