# National Energy Services Reunited share price today (National Energy Services Reunited Corp., NESR)

> National Energy Services Reunited Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NESR · Energy · Oil & Gas Equipment & Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/nesr

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $20.69 (+63.9% in a year)
- P/E: 22.4× (lower than 56% of the last 5.6 years)
- Revenue (Jun 2026): $521 M (+59.1% on a year ago)
- Profit (Jun 2026): $44.0 M (+189.6% on a year ago)
- Operating margin: 12.5% (+4.1 points on a year ago)
- ROE: 5%, FY25
- ROIC: 10.0%, against a 7.0% cost of capital: +3.0 points

The main question: the share price moved +63.9% in a year while yearly earnings per share moved −35.0%. The difference came from the market paying a higher multiple. ## What is the National Energy Services Reunited share price today? National Energy Services Reunited Corp.'s share price was $20.69 at the close on 3 November 2026. It has been moving sideways for 6 weeks. That is 19.1% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 6 weeks running. In the last 52 weeks it traded between $12 and $36, and at that close it sat 35% of the way up from that low. Over the last 9.4 years the share price moved +118% while the S&P 500 moved +210%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 September 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does National Energy Services Reunited pay? National Energy Services Reunited Corp. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is National Energy Services Reunited on? National Energy Services Reunited is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is National Energy Services Reunited profitable? National Energy Services Reunited Corp. earned $44.0 M of net profit in the Jun 2026 quarter, +189.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $51.1 M. That is 8.5% of the quarter's revenue. The same quarter a year earlier earned $15.2 M. For the full year, FY25 profit was $51.1 M (−33.0% on the year before). Why profit moved: revenue changed +59.1% on a year earlier and the margin moved +4.1 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +58.5% and revenue +24.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does National Energy Services Reunited make, and is it growing? National Energy Services Reunited Corp. reported $521 M of revenue in the Jun 2026 quarter, +59.1% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 4 years it has grown 10.9% a year on average. The last full year, FY25, came in at $1.3 B. The last four reported quarters add to $1.6 B. FY25 revenue was $1.3 B, +1.7% on the year before. Recent pace: the last four quarters grew +24.1% on average, against 10.9% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +23.5%, against +14.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +27.8%, against +42.7% a year (rolling over). ## How much of every $100 of sales does National Energy Services Reunited keep? National Energy Services Reunited Corp.'s operating margin was 12.5% in the Jun 2026 quarter, 4.1 percentage points higher than the same quarter a year ago. Across 5 years it has been between −4.9% and 10.6%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +4.1 percentage points on the year while gross margin changed +2.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is National Energy Services Reunited's profit turning into cash? Over the last 3 years, 479% of National Energy Services Reunited Corp.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $264 M of operating cash against $51.1 M of profit. After $143 M of spending on assets, $121 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does National Energy Services Reunited's cash go? National Energy Services Reunited Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $317 M on assets over the last 3 years. Averaged over those years that is 8.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $317 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is National Energy Services Reunited's P/E ratio, and how does it compare with its own history? National Energy Services Reunited Corp.'s P/E is 22.4×, in the middle of its own history: higher than 44% of past readings. Its usual P/E (the middle reading) is 23.3×, over 5.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −35.0% while the price moved +63.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +10.0% a year; about +18.0% a year came from earnings growth and about −8.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the National Energy Services Reunited business getting better or worse? National Energy Services Reunited Corp.'s business is giving mixed signals. Revenue growth is rising at +23.5% while eps growth is slowing from its peak at +20.1%, so the lines disagree and each one tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does National Energy Services Reunited earn on its capital? National Energy Services Reunited Corp. earned a ROE of 5% in FY25. That is up from a low of −8% in FY21. Its return on capital used (ROIC) is 3.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 3.9% net margin and 0.72× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 3.9% net margin × 0.72× asset turnover × 1.91× leverage (assets divided by equity) ≈ 5.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 10.0% − 7.0% = +3.0 percentage points. The 7.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. The 10.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 7.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does National Energy Services Reunited have too much debt? National Energy Services Reunited Corp. has total debt of $305 M against shareholder equity of $1.0 B as of Jun 2026, so its debt is 0.29× its equity, which is very little. Year by year, that ratio went from 0.74 in FY21 to 0.35 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the National Energy Services Reunited shareholding pattern? 9.5% of National Energy Services Reunited Corp.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is National Energy Services Reunited from balance-sheet trouble? For National Energy Services Reunited Corp., the Z-score is 2.05. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.05 is in the grey area, neither clearly safe nor clearly in trouble. ## How does National Energy Services Reunited rank in its industry? 49.9 out of 100, rank 15 of 30 in Oil & Gas Equipment & Services, with 81% of the evidence available. National Energy Services Reunited Corp. scores 49.9 out of 100 against the 30 companies it is compared with in Oil & Gas Equipment & Services, ranking 15. Earnings are strong; relative strength in its sector is -12.9% and the one-year return is 67.1%. The four parts add up to the total exactly: 26.7 + 12.9 + 8.9 + 1.4 = 49.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is National Energy Services Reunited compared with? National Energy Services Reunited ranks 15 of 30 Oil & Gas Equipment & Services companies on the 4-Factor Sector Score, with 49.9 out of 100. 1. [Flotek Industries, Inc.](https://www.sectoralpha.in/us/stocks/ftk) FTK · quiet · Most evidence points up · 71% evidence 71.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.1/35 · Revenue 36.9% · Profit 100% · Operating margin change 3.4 points · 83% evidence Capital efficiency 17.9/25 · ROCE 22% · Operating margin 15% · 76% evidence Valuation 10.3/20 · P/E 22.4× · PEG n/a · 15% evidence Relative strength 13.7/20 · Lead over its industry 15.9% · Lead over S&P 500 14% · 1 year 59.9% · 100% evidence · 7 of 12 weeks ahead Exact sum: 29.1 + 17.9 + 10.3 + 13.7 = 71 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [TechnipFMC plc](https://www.sectoralpha.in/us/stocks/fti) FTI · quiet · Most evidence points up · 81% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 9.9% · Profit 28.2% · Operating margin change 1.8 points · 83% evidence Capital efficiency 18.7/25 · ROCE 31.8% · Operating margin 17.7% · 76% evidence Valuation 13.2/20 · P/E 22.5× · PEG 0.62 · 65% evidence Relative strength 10.9/20 · Lead over its industry 0.7% · Lead over S&P 500 -1.6% · 1 year 55.8% · 100% evidence · 4 of 12 weeks ahead Exact sum: 24.5 + 18.7 + 13.2 + 10.9 = 67.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Solaris Energy Infrastructure, Inc.](https://www.sectoralpha.in/us/stocks/sei) SEI · breaking out · Most evidence points up · 81% evidence 67.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.2/35 · Revenue 70.8% · Profit 100% · Operating margin change 1.8 points · 83% evidence Capital efficiency 11.4/25 · ROCE 4.7% · Operating margin 26.5% · 76% evidence Valuation 12.3/20 · P/E 88.6× · PEG 0.52 · 65% evidence Relative strength 19.1/20 · Lead over its industry 11.3% · Lead over S&P 500 9.4% · 1 year 36.8% · 100% evidence · 4 of 12 weeks ahead Exact sum: 24.2 + 11.4 + 12.3 + 19.1 = 67 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Archrock, Inc.](https://www.sectoralpha.in/us/stocks/aroc) AROC · quiet · Evidence leans up · 81% evidence 64.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 11.6% · Profit 41.8% · Operating margin change 0 points · 83% evidence Capital efficiency 17.9/25 · ROCE 13.7% · Operating margin 35.9% · 76% evidence Valuation 13.8/20 · P/E 22× · PEG 0.54 · 65% evidence Relative strength 8.0/20 · Lead over its industry -5.8% · Lead over S&P 500 -7.6% · 1 year 27.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24.5 + 17.9 + 13.8 + 8 = 64.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [LandBridge Company LLC](https://www.sectoralpha.in/us/stocks/lb) LB · leader · Evidence leans up · 64% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.9/35 · Revenue 44.9% · Profit 100% · Operating margin change 6.1 points · 62% evidence Capital efficiency 9.9/25 · ROCE 0% · Operating margin 66.1% · 76% evidence Valuation 9.3/20 · P/E 60.5× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 8.6% · Lead over S&P 500 6.8% · 1 year 14.2% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.9 + 9.9 + 9.3 + 17.8 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Halliburton Company](https://www.sectoralpha.in/us/stocks/hal) HAL · turning · Evidence leans up · 85% evidence 60.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 1.5% · Profit 52.6% · Operating margin change -0.5 points · 95% evidence Capital efficiency 16.5/25 · ROCE 14.8% · Operating margin 12.4% · 76% evidence Valuation 15.6/20 · P/E 13.2× · PEG 0.23 · 65% evidence Relative strength 10.2/20 · Lead over its industry -4.2% · Lead over S&P 500 -5.8% · 1 year 23.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.2 + 16.5 + 15.6 + 10.2 = 60.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Tenaris S.A.](https://www.sectoralpha.in/us/stocks/ts) TS · turning · Evidence leans up · 81% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue 2.3% · Profit -3.3% · Operating margin change -2.2 points · 83% evidence Capital efficiency 15.8/25 · ROCE 12.2% · Operating margin 16.7% · 76% evidence Valuation 12.6/20 · P/E 14.6× · PEG 0.95 · 65% evidence Relative strength 17.0/20 · Lead over its industry 5.7% · Lead over S&P 500 3.5% · 1 year 41.9% · 100% evidence · 1 of 12 weeks ahead Exact sum: 14 + 15.8 + 12.6 + 17 = 59.4 · What this means: Relative strength against the index is 3.5%, and revenue and profit growth are weak. 8. [Oceaneering International, Inc.](https://www.sectoralpha.in/us/stocks/oii) OII · quiet · Evidence leans up · 85% evidence 56.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue 3% · Profit 43.7% · Operating margin change 0.1 points · 95% evidence Capital efficiency 15.9/25 · ROCE 15.1% · Operating margin 11.7% · 76% evidence Valuation 15.3/20 · P/E 13.1× · PEG 0.3 · 65% evidence Relative strength 8.0/20 · Lead over its industry 0.4% · Lead over S&P 500 -2.1% · 1 year 68.3% · 100% evidence · 7 of 12 weeks ahead Exact sum: 17 + 15.9 + 15.3 + 8 = 56.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Enerflex Ltd.](https://www.sectoralpha.in/us/stocks/efxt) EFXT · turning · Evidence leans up · 81% evidence 53.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue 10.3% · Profit -58.9% · Operating margin change -1.9 points · 83% evidence Capital efficiency 13.7/25 · ROCE 15.8% · Operating margin 10.8% · 76% evidence Valuation 6.2/20 · P/E 56.5× · PEG 2.26 · 65% evidence Relative strength 18.0/20 · Lead over its industry 8% · Lead over S&P 500 5.4% · 1 year 74.3% · 100% evidence · 1 of 12 weeks ahead Exact sum: 15.1 + 13.7 + 6.2 + 18 = 53 · What this means: Relative strength against the index is 5.4%, and revenue and profit growth are weak. 10. [Cactus, Inc.](https://www.sectoralpha.in/us/stocks/whd) WHD · losing its lead · Evidence leans up · 81% evidence 52.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.4/35 · Revenue 21.8% · Profit -54.7% · Operating margin change -3.6 points · 83% evidence Capital efficiency 16.4/25 · ROCE 12.5% · Operating margin 18.6% · 76% evidence Valuation 10.0/20 · P/E 43.4× · PEG 1.33 · 65% evidence Relative strength 14.0/20 · Lead over its industry 7.4% · Lead over S&P 500 5.9% · 1 year 44.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 12.4 + 16.4 + 10 + 14 = 52.8 · What this means: Relative strength against the index is 5.9%, and revenue and profit growth are weak. 11. [WaterBridge Infrastructure LLC](https://www.sectoralpha.in/us/stocks/wbi) WBI · quiet · Evidence leans up · 65% evidence 52.5 out of 100 Growth Capital Valuation Relative
12. [Forum Energy Technologies, Inc.](https://www.sectoralpha.in/us/stocks/fet) FET · leader · Evidence leans up · 64% evidence 52.4 out of 100 Growth Capital Valuation Relative
13. [USA Compression Partners, LP](https://www.sectoralpha.in/us/stocks/usac) USAC · turning · Evidence leans up · 81% evidence 51.9 out of 100 Growth Capital Valuation Relative
14. [Tidewater Inc.](https://www.sectoralpha.in/us/stocks/tdw) TDW · losing its lead · Evidence leans up · 81% evidence 51.1 out of 100 Growth Capital Valuation Relative
15. National Energy Services Reunited Corp. this page NESR · quiet · Evidence leans down · 81% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue 23.6% · Profit 28.8% · Operating margin change 4.1 points · 83% evidence Capital efficiency 12.9/25 · ROCE 11.7% · Operating margin 12.5% · 76% evidence Valuation 8.9/20 · P/E 32.3× · PEG 1.64 · 65% evidence Relative strength 1.4/20 · Lead over its industry -12.9% · Lead over S&P 500 -15.3% · 1 year 67.1% · 100% evidence · 6 of 12 weeks ahead Exact sum: 26.7 + 12.9 + 8.9 + 1.4 = 49.9 · What this means: Earnings are strong; relative strength in its sector is -12.9% and the one-year return is 67.1%. 16. [Innovex International, Inc.](https://www.sectoralpha.in/us/stocks/invx) INVX · losing its lead · Evidence leans down · 81% evidence 48.6 out of 100 Growth Capital Valuation Relative
17. [Weatherford International plc](https://www.sectoralpha.in/us/stocks/wfrd) WFRD · turning · Evidence leans down · 85% evidence 47.7 out of 100 Growth Capital Valuation Relative
18. [SLB N.V.](https://www.sectoralpha.in/us/stocks/slb) SLB · turning · Evidence leans down · 85% evidence 47.5 out of 100 Growth Capital Valuation Relative
19. [Select Water Solutions, Inc.](https://www.sectoralpha.in/us/stocks/wttr) WTTR · quiet · Evidence leans down · 81% evidence 47.4 out of 100 Growth Capital Valuation Relative
20. [Bristow Group Inc.](https://www.sectoralpha.in/us/stocks/vtol) VTOL · quiet · Evidence leans down · 81% evidence 43.6 out of 100 Growth Capital Valuation Relative
21. [RPC, Inc.](https://www.sectoralpha.in/us/stocks/res) RES · turning · Evidence leans down · 71% evidence 43.2 out of 100 Growth Capital Valuation Relative
22. [Flowco Holdings Inc.](https://www.sectoralpha.in/us/stocks/floc) FLOC · quiet · Evidence leans down · 71% evidence 42.8 out of 100 Growth Capital Valuation Relative
23. [Liberty Energy Inc.](https://www.sectoralpha.in/us/stocks/lbrt) LBRT · basing · Evidence leans down · 85% evidence 37.8 out of 100 Growth Capital Valuation Relative
24. [NOV Inc.](https://www.sectoralpha.in/us/stocks/nov) NOV · quiet · Evidence leans down · 71% evidence 36.2 out of 100 Growth Capital Valuation Relative
25. [Kodiak Gas Services, Inc.](https://www.sectoralpha.in/us/stocks/kgs) KGS · quiet · Evidence leans down · 81% evidence 35.7 out of 100 Growth Capital Valuation Relative
26. [Baker Hughes Company](https://www.sectoralpha.in/us/stocks/bkr) BKR · quiet · Most evidence points down · 81% evidence 34.1 out of 100 Growth Capital Valuation Relative
27. [Atlas Energy Solutions Inc.](https://www.sectoralpha.in/us/stocks/aesi) AESI · quiet · Most evidence points down · 64% evidence 21.9 out of 100 Growth Capital Valuation Relative
28. [Expro Group Holdings N.V.](https://www.sectoralpha.in/us/stocks/xpro) XPRO · quiet · Most evidence points down · 71% evidence 21.0 out of 100 Growth Capital Valuation Relative
29. NextDecade Corporation NEXT · turning · Too little evidence to rank firmly · 50% evidence 45.8 out of 100 Growth Capital Valuation Relative
30. [EagleRock Land, LLC](https://www.sectoralpha.in/us/stocks/erok) EROK · quiet · Too little evidence to rank firmly · 28% evidence 37.3 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Equipment & Services](https://www.sectoralpha.in/us/sectors/oil-gas-equipment-services), all 30 compared on one page. ## Which companies are close to National Energy Services Reunited in size? National Energy Services Reunited is the 21st largest of 38 Oil & Gas Equipment & Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Select Water Solutions, Inc., EagleRock Land, LLC and Liberty Energy Inc. Just below it: Innovex International, Inc., Flowco Holdings Inc. and Expro Group Holdings N.V. ### Oil & Gas Equipment & Services companies close in size

1. [Select Water Solutions, Inc.](https://www.sectoralpha.in/us/stocks/wttr) $2.5 billion
2. [EagleRock Land, LLC](https://www.sectoralpha.in/us/stocks/erok) $2.5 billion
3. [Liberty Energy Inc.](https://www.sectoralpha.in/us/stocks/lbrt) $2.4 billion
4. National Energy Services Reunited Corp. $2.1 billion
5. [Innovex International, Inc.](https://www.sectoralpha.in/us/stocks/invx) $1.8 billion
6. [Flowco Holdings Inc.](https://www.sectoralpha.in/us/stocks/floc) $1.7 billion
7. [Expro Group Holdings N.V.](https://www.sectoralpha.in/us/stocks/xpro) $1.5 billion

[All 38 Oil & Gas Equipment & Services companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-equipment-services#all-companies)

### Companies close in size in other industries

1. [Encore Capital Group, Inc.](https://www.sectoralpha.in/us/stocks/ecpg) $2.1 billion · Credit Services
2. [DoubleVerify Holdings, Inc.](https://www.sectoralpha.in/us/stocks/dv) $2.1 billion · Advertising Agencies
3. National Energy Services Reunited Corp. $2.1 billion
4. [BioCryst Pharmaceuticals, Inc.](https://www.sectoralpha.in/us/stocks/bcrx) $2.1 billion · Drug Manufacturers - Specialty & Generic
5. [Driven Brands Holdings Inc.](https://www.sectoralpha.in/us/stocks/drvn) $2.1 billion · Auto & Truck Dealerships

## What else do people ask about National Energy Services Reunited? ### What were National Energy Services Reunited's latest quarterly results? National Energy Services Reunited Corp. reported revenue of $521 M and net profit of $44.0 M for the Jun 2026 quarter. Revenue rose 59.1% and profit rose 189.6% compared with a year earlier. Earnings per share were $0.43 (as of 3 November 2026). ### What is National Energy Services Reunited's market cap? National Energy Services Reunited Corp.'s market capitalisation is $2.1 B at a stock price of $20.69. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is National Energy Services Reunited performing? National Energy Services Reunited Corp.'s share price has been moving sideways for 6 weeks. In its latest quarter, revenue rose 59.1% and profit rose 189.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 6 weeks running (as of 3 November 2026). ### Will National Energy Services Reunited's stock price go up? This page does not forecast National Energy Services Reunited Corp.'s stock price. What it shows instead: the stock price is $20.69, and it has been moving sideways for 6 weeks. Its P/E of 22.4× is higher than 44% of its own last 6 years (as of 3 November 2026). ### Where is National Energy Services Reunited in its business cycle? National Energy Services Reunited Corp.'s FY25 operating margin was 7.4%, against a 5-year range of −4.9% to 10.6%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the National Energy Services Reunited story? The main question: the share price moved +63.9% in a year while yearly earnings per share moved −35.0%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is National Energy Services Reunited a stock worth studying right now? What the numbers show: National Energy Services Reunited Corp.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.