National Energy Services Reunited Corp.
Close on Oct 19, 2026
- Market cap
- $1.96B
- P/E (TTM)
- 20.6
- Dividend yield
- –
About National Energy Services Reunited
Oil & Gas Field Services, NEC, SIC 1389
National Energy Services Reunited Corp. (NESR) is an oilfield services provider serving the upstream and midstream sectors across the Middle East and North Africa (MENA) region. The company operates through two primary segments: Production Services and Drilling and Evaluation Services. Production Services offers hydraulic fracturing, coiled tubing, stimulation and pumping, cementing, nitrogen, filtration, pipeline and industrial services, production assurance, artificial lift, and completions. The Drilling and Evaluation segment provides drilling rigs, fishing and downhole tools, thru-tubing intervention, tubular running services, directional drilling, drilling fluids, pressure control, well testing, and wireline and slickline logging. Customers consist of national oil companies, large integrated oil corporations, and independent operators.
The company operates extensively across the MENA region, including facilities and projects in Saudi Arabia, Oman, Kuwait, the United Arab Emirates, Iraq, Algeria, Egypt, and Libya, alongside limited operations classified as Rest of World. NESR maintains its principal executive offices in Houston, Texas.
Summary of the business section of National Energy Services Reunited's latest annual report, written by StockData.
Company profile
Company
- Legal name
- National Energy Services Reunited Corp.
- Founded
- 2017
- Headquarters
- Houston, TX
- Address
- 777 Post Oak Blvd., 7th Floor 77056
- Phone
- (832) 925-3777
- Employees
- 1,818, Dec 31, 2019
- Industry
- Oil & Gas Field Services, NEC
- Incorporated in
- D8
- Fiscal year ends
- December 31
- Auditor
- Grant Thornton Audit and Accounting Limited (Dubai Branch), Dubai, United Arab Emirates
Stock & identifiers
- Ticker
- NESR
- Exchange
- Nasdaq
- IPO date
- May 12, 2017
- Shares outstanding
- 101M, Jun 30, 2026
- Public float
- $411.20M, Dec 31, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1698514
- CUSIP
- G6375R107
- ISIN
- USG6375R1070
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Sherif Foda | Chief Executive Officer, Director | 3,084,643 |
| Stefan Angeli | Chief Financial Officer | 549,763 |
| Mejia Antonio J. Campo | Director | 696,398 |
| Maen Razouqi | Director | 2,800 |
| Lisa A. Pollina | Director | 5,000 |
| Anthony R. Chase | Director | 15,000 |
| Yousif Mohammed Ali Nasser Al-Nowais | Director | 229,198 |
| Andrew L. Waite | Director | 62,103 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 | $2.27M | $2.27M | $1.08M | $226 | $87 |
| FY2025 Non Peo Neo | $1.08M | $2.47M | $1.08M | $226 | $87 |
| FY2025 Peo | $2.27M | $2.27M | $1.08M | $226 | $87 |
| FY2024 | $2.27M | $2.27M | $1.65M | $129 | $87 |
| FY2024 Non Peo Neo | $1.65M | $2.62M | $1.65M | $129 | $87 |
| FY2024 Peo | $2.27M | $2.27M | $1.65M | $129 | $87 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2017, the Predecessor company employed 1,818 employees from over 40 different nationalities.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Aug 10, 2026 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Jul 17, 2025 | Delisting | Notice of delisting from exchange (Form 25) |
| May 30, 2025 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 18, 2024 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 10, 2023 | Delisting | Notice of delisting from exchange (Form 25) |
| May 3, 2022 | Late filing | Notification of late filing |
| Jun 12, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 8, 2018 | Merger vote | Definitive merger proxy statement |
| Jun 2, 2017 | Delisting | Notice of delisting from exchange (Form 25) |
| May 12, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| May 11, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |