National Energy Services Stock Today

NESR Stock  USD 8.49  0.12  1.39%   

Performance

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Odds Of Distress

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National Energy is selling at 8.49 as of the 22nd of November 2024; that is 1.39 percent down since the beginning of the trading day. The stock's lowest day price was 8.16. National Energy has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for National Energy Services are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2022 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Energy
IPO Date
12th of May 2017
National Energy Services Reunited Corp. provides oilfield services to oil and gas companies in the Middle East, North Africa, and the Asia Pacific regions. The company was incorporated in 2017 and is headquartered in Houston, Texas. National Energy operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. The company has 95.41 M outstanding shares of which 487.42 K shares are now shorted by private and institutional investors with about 2.41 trading days to cover. More on National Energy Services

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National Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman of the Board, CEOSherif Foda
Thematic IdeaPetroleum and Natural Gas (View all Themes)
Old Names[NESTLE N, Nestlé S.A, NESTLE N - Dusseldorf Stock Exchang, NESTLE N (NESR.SG), Nestlé S.A]
Business ConcentrationOil & Gas Equipment & Services, Energy, Petroleum and Natural Gas, Energy, Energy Equipment & Services, Oil & Gas Equipment & Services, Energy (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.680.6374
Notably Up
Slightly volatile
Total Current Liabilities365.1 M533.4 M
Way Down
Slightly volatile
Non Current Liabilities Total407.4 M442.8 M
Significantly Down
Slightly volatile
Total Assets1.6 B1.8 B
Moderately Down
Slightly volatile
Total Current Assets459.8 M541.7 M
Fairly Down
Slightly volatile
Total Cash From Operating Activities120.9 M177 M
Way Down
Slightly volatile
Debt Levels
National Energy can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand National Energy's financial leverage. It provides some insight into what part of National Energy's total assets is financed by creditors.
Liquidity
National Energy Services currently holds 484.75 M in liabilities with Debt to Equity (D/E) ratio of 0.47, which is about average as compared to similar companies. National Energy Services has a current ratio of 1.42, which is within standard range for the sector. Note, when we think about National Energy's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

76.05 Million
National Energy Services (NESR) is traded on NASDAQ Exchange in USA. It is located in 777 Post Oak Boulevard, Houston, TX, United States, 77056 and employs 6,231 people. National Energy is listed under Oil & Gas Equipment & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 830.05 M. National Energy Services conducts business under Energy Equipment & Services sector and is part of Energy industry. The entity has 95.41 M outstanding shares of which 487.42 K shares are now shorted by private and institutional investors with about 2.41 trading days to cover. National Energy Services currently holds about 101.02 M in cash with 176.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.11.
Check National Energy Probability Of Bankruptcy
Ownership Allocation
National Energy Services maintains a total of 95.41 Million outstanding shares. National Energy Services holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check National Ownership Details

National Stock Institutional Holders

InstituionRecorded OnShares
Hite Hedge Asset Management Mlp2024-06-30
701.8 K
View National Energy Diagnostics

National Energy Historical Income Statement

At this time, National Energy's Interest Expense is relatively stable compared to the past year. As of 11/22/2024, Selling General Administrative is likely to grow to about 51.7 M, though Net Interest Income is likely to grow to (43.5 M). View More Fundamentals

National Stock Against Markets

National Energy Corporate Management

Additional Tools for National Stock Analysis

When running National Energy's price analysis, check to measure National Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Energy is operating at the current time. Most of National Energy's value examination focuses on studying past and present price action to predict the probability of National Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Energy's price. Additionally, you may evaluate how the addition of National Energy to your portfolios can decrease your overall portfolio volatility.