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National Energy Services Reunited Corp

Energy US NESR

9.0USD
-(-%)

Last update at 2024-04-25T19:52:00Z

Day Range

8.709.00
LowHigh

52 Week Range

2.447.73
LowHigh

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2020-12-31 2019-12-31 2018-12-31 2017-12-31
Type yearly yearly yearly yearly
Date 2020-12-31 2019-12-31 2018-12-31 2017-12-31
Income before tax 60.79M 52.44M 32.94M 32.94M
Minority interest -0.00800M -0.00800M 0.07M 0.07M
Net income 50.09M 39.36M 28.35M 30.63M
Selling general administrative 53.19M 63.84M 56.67M 30.34M
Selling and marketing expenses - - - -
Gross profit 139.61M 135.65M 71.17M 71.17M
Reconciled depreciation 91.78M 88.11M - 38.41M
Ebit 67.53M 71.81M -19.46800M 39.66M
Ebitda 197.45M 159.52M 40.23M 78.07M
Depreciation and amortization 129.92M 87.70M 59.70M 38.41M
Non operating income net other - - - -
Operating income 67.53M 71.81M 40.23M 40.23M
Other operating expenses 766.61M 586.57M 169.81M 231.09M
Interest expense 15.88M 18.97M -6.72000M 6.72M
Tax provision 8.94M 13.07M 11.77M 4.59M
Interest income - 18.97M 18.47M -
Net interest income -12.46800M -18.97100M - -6.72000M
Extraordinary items - - - -
Non recurring - - - -
Other items - - - -
Income tax expense 10.71M 13.07M 4.59M 4.59M
Total revenue 834.15M 658.38M 271.32M 271.32M
Total operating expenses 72.08M 63.84M -30.33600M 30.94M
Cost of revenue 694.54M 522.73M 200.15M 200.15M
Total other income expense net -6.74000M -19.37900M -7.29300M -0.57300M
Discontinued operations - - - -
Net income from continuing ops 33.57M 39.36M 59.97M 28.35M
Net income applicable to common shares 50.09M 39.36M 60.25M -4.20111M
Preferred stock and other adjustments - - - -
Breakdown 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Type yearly yearly yearly yearly yearly
Date 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31
Total assets 1683.58M 1514.68M 1343.31M 231.42M -
Intangible assets 110.38M 122.71M 138.05M 0.00000M -
Earning assets - - - - -
Other current assets 40.80M 47.77M 51.88M 0.13M -
Total liab 739.16M 628.21M 512.32M 12.50M -
Total stockholder equity 944.43M 886.47M 830.92M 218.93M -
Deferred long term liab - - - 9.02M -
Other current liab 30.93M 25.45M 29.93M 0.00000M -
Common stock 826.61M 801.54M 801.54M 221.79M -
Capital stock 801.54M 801.54M 801.54M - -
Retained earnings 117.75M 67.66M 28.30M -2.86403M -
Other liab 69.16M 64.09M 64.07M 173.30M -
Good will 619.78M 574.76M 570.54M 0.00000M -
Other assets 2.80M 2.37M 6.34M 230.55M -
Cash 75.02M 73.20M 24.89M 0.74M -
Cash and equivalents - - - - -
Total current liabilities 356.26M 223.43M 223.08M 3.47M -
Current deferred revenue 94.45M 84.11M 49.98M 0.00099M -
Net debt 323.46M 310.33M 277.19M -0.74110M -
Short term debt 89.86M 52.96M 76.91M 0.00099M -
Short long term debt 80.14M 52.96M 76.91M 0.00099M -
Short long term debt total 398.47M 383.53M 302.08M - -
Other stockholder equity 23.08M 17.24M 1.03M - -
Property plant equipment 437.74M 419.31M 328.73M 0.00000M -
Total current assets 516.25M 398.41M 299.64M 0.87M -
Long term investments - - - 230.55M -
Net tangible assets 213.13M 188.99M 122.33M 54.64M -
Short term investments - - 0.00000M 230.55M -
Net receivables 294.85M 189.01M 157.78M - -
Long term debt 319.74M 330.56M 225.17M 0.00000M -
Inventory 94.26M 78.84M 58.15M 0.00000M -
Accounts payable 141.02M 60.91M 66.26M 3.47M -
Total permanent equity - - - 0.00000M -
Noncontrolling interest in consolidated entity - - - 0.00000M -
Temporary equity redeemable noncontrolling interests - - - 0.00000M -
Accumulated other comprehensive income 0.06M 0.03M 0.05M 0.00000M -
Additional paid in capital - - - 0.00000M -
Common stock total equity 801.54M 801.54M 801.54M 221.79M -
Preferred stock total equity - - - 164.28M -
Retained earnings total equity - - - -2.86403M -
Treasury stock - - - 0.00000M -
Accumulated amortization - - - - -
Non currrent assets other 2.80M 1.10M 6.34M 230.55M -
Deferred long term asset charges - - - - -
Non current assets total 1167.33M 1116.27M 1043.66M 230.55M -
Capital lease obligations - - - - -
Long term debt total - 330.56M 225.17M - -
Breakdown 2020-12-31 2019-12-31 2018-12-31 2017-12-31
Type yearly yearly yearly yearly
Date 2020-12-31 2019-12-31 2018-12-31 2017-12-31
Investments -85.84600M -107.33800M - -52.04200M
Change to liabilities 55.32M 19.44M -59.90230M 0.00000M
Total cashflows from investing activities -103.62800M -107.33800M -114.15088M -250.05489M
Net borrowings -24.23300M 72.29M 52.94M 0.00108M
Total cash from financing activities -26.96000M 66.58M 44.85M -32.13800M
Change to operating activities 3.92M -20.93200M -14.87314M 3.65M
Net income 50.09M 39.36M 28.35M 28.35M
Change in cash 1.82M 48.31M 32.00M -1.03200M
Begin period cash flow 73.20M 24.89M 0.70M 25.53M
End period cash flow 75.02M 73.20M 32.70M 24.50M
Total cash from operating activities 135.33M 92.70M 61.67M 83.19M
Issuance of capital stock 0.00000M 0.00000M - -
Depreciation 120.78M 88.11M 59.70M 38.41M
Other cashflows from investing activities -0.57400M -1.02500M 400.29M -250.05489M
Dividends paid 0.00000M -20.00000M -48.21000M -20.00000M
Change to inventory -12.53500M -21.22000M -8.11800M -8.11800M
Change to account receivables -2.56500M -39.02300M -5.00000M -5.00000M
Sale purchase of stock 0.00000M 0.00000M 28.91M 0.00000M
Other cashflows from financing activities 46.03M 428.59M 64.15M -4.26700M
Change to netincome -4.74100M 4.43M -0.76286M -1.46952M
Capital expenditures 91.43M 111.54M 33.07M 48.66M
Change receivables - - - -
Cash flows other operating - - - -
Exchange rate changes - - - -
Cash and cash equivalents changes - - - -
Change in working capital -32.64800M -37.40200M -41.25700M 7.89M
Stock based compensation 7.83M 5.65M -28.35300M 0.11M
Other non cash items -6.10600M 2.62M 45.25M 7.83M
Free cash flow 43.90M -18.84500M 28.59M 34.54M

Fundamentals

  • Previous Close 9.00
  • Market Cap524.42M
  • Volume134721
  • P/E Ratio15.15
  • Dividend Yield-%
  • EBITDA176.79M
  • Revenue TTM878.52M
  • Revenue Per Share TTM9.68
  • Gross Profit TTM 155.43M
  • Diluted EPS TTM0.33

Peer Comparison

Sector: Energy Industry: Oil & Gas Equipment & Services

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
NESR
National Energy Services Reunited Corp
- -% 9.00 15.15 - 0.65 0.49 0.97 4.65
SLB
Schlumberger NV
0.33 0.67% 49.44 18.64 14.51 2.34 3.87 2.64 11.32
BKR
Baker Hughes Co
0.63 1.93% 33.30 20.43 16.45 1.40 2.25 1.53 9.97
HAL
Halliburton Company
- -% 38.72 12.44 10.36 1.42 3.54 1.72 8.38
TS
Tenaris SA ADR
0.07 0.19% 37.39 5.88 7.97 1.37 1.24 1.19 3.33

Reports Covered

Stock Research & News

Profile

National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. It operates through two segments, Production Services; and Drilling and Evaluation Services. The Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems. It also provides production assurance chemicals; laboratory services; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources, treats, and disposes water for oil and gas, municipal, and industrial use. The Drilling and Evaluation Services segment offers drilling and workover rigs; rig services; fishing and remedial solutions; directional and turbines drilling services; drilling fluid systems and related technologies; wireline logging services; slickline services for removal of scale, wax and sand build-up, setting plugs, changing out gas lift valves, and fishing and other well applications; and well testing services to measure solids, gas, and oil and water produced from a well, as well as rents drilling tools. It also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. The company was incorporated in 2017 and is headquartered in Houston, Texas.

National Energy Services Reunited Corp

777 Post Oak Boulevard, Houston, TX, United States, 77056

Key Executives

Name Title Year Born
Mr. Thomas D. Wood Independent Director 1957
Mr. Sherif Foda Exec. Chairman & CEO 1969
Mr. Stefan Angeli Chief Financial Officer NA
Mr. Salih Merghani VP of Operations NA
Mr. Blake Geelhoed Gendron VP of Investor Relations & Bus. Devel. NA
Ms. Cathy Konwisarz Gen. Counsel & Corp. Sec. NA
Mr. Dhiraj Dudeja Chief Commercial Officer 1977
Ms. Sahar Badran Head of Legal NA
Ms. Haya Kablawi Corp. Financial Controller NA
Hani Almaimani VP of Arabian Region NA

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