National Energy Services Reunited (NASDAQ:NESR) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS

National Energy Services Reunited (NASDAQ:NESR) announced its quarterly earnings results on Monday. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.21 by $0.05, Briefing.com reports. The business had revenue of $404.59 million for the quarter, compared to analyst estimates of $370.87 million. National Energy Services Reunited had a return on equity of 8.50% and a net margin of 3.86%.The business’s quarterly revenue was up 33.5% on a year-over-year basis.

Here are the key takeaways from National Energy Services Reunited’s conference call:

• Record Q1 results: Revenue of $404.6M (+33.5% YoY), adjusted EBITDA of $76.7M (~19% margin) and net income of $23.8M, driven by the Jafurah ramp-up and increased activity in Kuwait, Algeria, Libya and Egypt.
• Management emphasizes operational resilience — 0 evacuations, a 30/60/90 supply‑chain program, extra capacity and limited exposure to the most disrupted hubs — supporting continued on‑the‑ground activity across the GCC and North Africa.
• Formal capital‑allocation plan: full‑year CapEx ~$180M, target net leverage ≤1x (current net debt/EBITDA ~0.66x), plus a quarterly dividend beginning Q4 2026 at $0.10 per share and a $50M buyback program.
• Near‑term cost pressures from geopolitical disruption raised about $4M of incremental freight/logistics in Q1, contributed to negative free cash flow of $5.3M, and caused seasonal DSO headwinds that may persist before easing.

National Energy Services Reunited Trading Up 10.1%

NESR stock opened at $25.43 on Tuesday. The company has a market cap of $2.56 billion, a P/E ratio of 47.98, a PEG ratio of 0.35 and a beta of 0.38. National Energy Services Reunited has a twelve month low of $5.47 and a twelve month high of $26.85. The company has a quick ratio of 0.89, a current ratio of 1.04 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $22.64 and a 200-day moving average of $18.83.

Analysts Set New Price Targets

A number of equities analysts have commented on NESR shares. Maxim Group set a $30.00 price objective on National Energy Services Reunited in a research note on Monday, January 12th. Weiss Ratings reissued a “hold (c)” rating on shares of National Energy Services Reunited in a research note on Friday, March 27th. UBS Group boosted their price objective on National Energy Services Reunited to $31.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Barclays boosted their price objective on National Energy Services Reunited from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Zacks Research lowered National Energy Services Reunited from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Seven research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $26.57.

Institutional Investors Weigh In On National Energy Services Reunited

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Dodge & Cox raised its position in shares of National Energy Services Reunited by 5.6% during the third quarter. Dodge & Cox now owns 2,255,894 shares of the company’s stock worth $23,145,000 after acquiring an additional 119,100 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of National Energy Services Reunited during the third quarter worth $22,722,000. Boston Partners raised its position in shares of National Energy Services Reunited by 155.6% during the fourth quarter. Boston Partners now owns 1,953,328 shares of the company’s stock worth $30,594,000 after acquiring an additional 1,189,035 shares during the last quarter. Millennium Management LLC raised its position in shares of National Energy Services Reunited by 1,482.3% during the fourth quarter. Millennium Management LLC now owns 1,237,585 shares of the company’s stock worth $19,381,000 after acquiring an additional 1,159,372 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its position in shares of National Energy Services Reunited by 153.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 963,287 shares of the company’s stock worth $15,085,000 after acquiring an additional 583,898 shares during the last quarter. Institutional investors own 15.55% of the company’s stock.

Key National Energy Services Reunited News

Here are the key news stories impacting National Energy Services Reunited this week:

• Positive Sentiment: NESR reported first-quarter revenue of $404.6 million, up 33.5% year over year, with net income rising sharply and adjusted EBITDA climbing 22.7%, signaling healthy operating momentum. National Energy Services Reunited Corp. Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company beat earnings expectations, posting $0.26 EPS versus the $0.21 consensus estimate, which helped drive investor confidence after the earnings release. National Energy Services Reunited (NESR) Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: BTIG Research raised its price target on NESR to $32 from $28 and reiterated a buy rating, implying meaningful upside from current levels. National Energy Services Reunited (NASDAQ:NESR) Given New $32.00 Price Target at BTIG Research
• Positive Sentiment: Management’s earnings call and related commentary emphasized record results and a new capital return plan, which may have reinforced the bullish reaction to the stock. NESR Signals Confidence With Record Earnings Call
• Neutral Sentiment: Short-interest data showed no meaningful change in actual shares sold short, so it does not appear to be a major driver of the move.

National Energy Services Reunited Company Profile

National Energy Services Reunited Corp (NASDAQ: NESR) is a publicly traded oilfield services company formed in 2021 through a business combination that brought together complementary drilling and production service providers. The company’s mission is to deliver integrated solutions across the upstream oil and gas value chain, combining regional expertise with global operational standards.

NESR’s service portfolio spans drilling, completion and production, offering products and capabilities such as cementing, coiled tubing, hydraulic fracturing, well stimulation, pumping services and intervention solutions.