National Energy Services Reunited (NASDAQ:NESR – Get Free Report) is projected to release its Q3 2026 results before the market opens on Monday, November 9th. Analysts expect National Energy Services Reunited to announce earnings of $0.3556 per share and revenue of $495.93 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Monday, November 9, 2026 at 8:00 AM ET.
National Energy Services Reunited (NASDAQ:NESR – Get Free Report) last issued its earnings results on Monday, August 10th. The company reported $0.44 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.09. The company had revenue of $520.75 million for the quarter, compared to the consensus estimate of $448.54 million. National Energy Services Reunited had a return on equity of 12.07% and a net margin of 5.77%. The business’s quarterly revenue was up 59.1% compared to the same quarter last year. On average, analysts expect National Energy Services Reunited to post $1.66 EPS for the current fiscal year and $2.54 EPS for the next fiscal year.
National Energy Services Reunited Stock Down 5.2%
Shares of NESR stock traded down $1.07 during trading on Wednesday, hitting $19.62. 211,920 shares of the company were exchanged, compared to its average volume of 2,124,986. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.86 and a current ratio of 1.02. The firm has a market capitalization of $1.98 billion, a price-to-earnings ratio of 21.35, a P/E/G ratio of 0.24 and a beta of 0.57. The business’s 50-day simple moving average is $27.39 and its 200 day simple moving average is $25.53. National Energy Services Reunited has a twelve month low of $12.20 and a twelve month high of $36.94.
Insider Transactions at National Energy Services Reunited
In other news, CEO Sherif Foda sold 100,000 shares of National Energy Services Reunited stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $35.00, for a total value of $3,500,000.00. Following the transaction, the chief executive officer directly owned 3,084,643 shares in the company, valued at approximately $107,962,505. The trade was a 3.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Stefan Angeli sold 13,570 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $35.12, for a total value of $476,578.40. Following the transaction, the chief financial officer directly owned 549,763 shares of the company’s stock, valued at $19,307,676.56. This represents a 2.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 176,894 shares of company stock worth $6,221,414. 9.70% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the stock. UBS Group dropped their price objective on shares of National Energy Services Reunited from $47.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, September 29th. Capital One Financial initiated coverage on shares of National Energy Services Reunited in a research note on Wednesday, September 30th. They set an “overweight” rating and a $44.00 target price for the company. Zacks Research cut shares of National Energy Services Reunited from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 1st. National Bank Financial set a $44.00 price target on shares of National Energy Services Reunited in a research note on Wednesday, September 30th. Finally, Piper Sandler cut their price objective on National Energy Services Reunited from $40.00 to $39.00 and set an “overweight” rating for the company in a report on Friday, October 2nd. Nine investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.38.
Read Our Latest Report on NESR
About National Energy Services Reunited
National Energy Services Reunited Corp. (NESR) is an oilfield services company that provides equipment, technology and technical services to exploration and production companies. Its operations support the drilling, completion, production and maintenance of oil and natural gas wells.
NESR’s services are organized primarily around well services and drilling and evaluation. Offerings have included hydraulic fracturing and stimulation, cementing, coiled tubing, well testing, completion services, artificial lift, drilling fluids, directional drilling, wireline, logging and well-inspection services.
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