Latest news with #NationalEnergyServicesReunited
Yahoo
03-06-2025
- Business
- Yahoo
National Energy Services Reunited (NESR) Misses Q1 Earnings and Revenue Estimates
National Energy Services Reunited (NESR) came out with quarterly earnings of $0.14 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.15 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -30%. A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.30, delivering no surprise. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. National Energy Services Reunited , which belongs to the Zacks Oil and Gas - Mechanical and and Equipment industry, posted revenues of $303.1 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 0.52%. This compares to year-ago revenues of $296.85 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. National Energy Services Reunited shares have lost about 29.5% since the beginning of the year versus the S&P 500's gain of 0.9%. While National Energy Services Reunited has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for National Energy Services Reunited: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.30 on $347.61 million in revenues for the coming quarter and $1.19 on $1.4 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Oil and Gas - Mechanical and and Equipment is currently in the bottom 20% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the broader Zacks Oils-Energy sector, ReNew Energy Global PLC (RNW), is yet to report results for the quarter ended March 2025. This company is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of +250%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. ReNew Energy Global PLC's revenues are expected to be $291.8 million, down 1.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report National Energy Services Reunited (NESR) : Free Stock Analysis Report ReNew Energy Global PLC (RNW) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Discovering 3 Undiscovered Gems in the US Market
In the midst of a volatile U.S. market, where major indices like the Dow Jones and S&P 500 are experiencing slight declines ahead of significant earnings reports, investors are keenly observing economic indicators that could impact small-cap companies. Amidst this backdrop, identifying promising stocks requires a keen eye for companies with robust fundamentals and potential for growth despite broader market fluctuations. Name Debt To Equity Revenue Growth Earnings Growth Health Rating Central Bancompany 32.38% 5.41% 6.60% ★★★★★★ Metalpha Technology Holding NA 81.88% -4.97% ★★★★★★ FineMark Holdings 122.25% 2.34% -26.34% ★★★★★★ FRMO 0.09% 44.64% 49.91% ★★★★★☆ Innovex International 1.49% 42.69% 44.34% ★★★★★☆ Gulf Island Fabrication 19.65% -2.17% 42.26% ★★★★★☆ Pure Cycle 5.11% 1.07% -4.05% ★★★★★☆ Reitar Logtech Holdings 31.39% 231.46% 41.38% ★★★★☆☆ Solesence 82.42% 23.41% -1.04% ★★★★☆☆ Qudian 6.38% -68.48% -57.47% ★★★★☆☆ Click here to see the full list of 283 stocks from our US Undiscovered Gems With Strong Fundamentals screener. Here's a peek at a few of the choices from the screener. Simply Wall St Value Rating: ★★★★★★ Overview: National Energy Services Reunited Corp. offers oilfield services across the Middle East and North Africa, with a market capitalization of approximately $561.87 million. Operations: NESR generates revenue primarily from Production Services, contributing $878.08 million, and Drilling and Evaluation Services, adding $423.63 million. National Energy Services Reunited (NESR) showcases robust growth potential, fueled by a remarkable 506.6% earnings increase over the past year, outpacing the industry average of 12.5%. The company's net debt to equity ratio stands at a satisfactory 30.4%, and its interest payments are well-covered with EBIT coverage of 3.5 times. NESR's strategic expansions into Saudi Arabia's Jafurah field and new markets like Libya promise further revenue enhancement, supported by technological innovations such as the ROYA Directional Drilling platform. Despite these strengths, geopolitical risks and market competition could pose challenges to sustained profitability and operational stability. National Energy Services Reunited's growth potential is driven by its expansion into unconventional gas projects and technological advancements. Click here to explore the full narrative on NESR's strategic initiatives and market positioning. Simply Wall St Value Rating: ★★★★★★ Overview: Northeast Bank offers a range of banking services to individual and corporate clients in Maine, with a market capitalization of $698.23 million. Operations: Northeast Bank generates revenue primarily from its banking segment, amounting to $184.34 million. Northeast Bank, with assets totaling $4.2 billion and equity of $467.5 million, offers a compelling profile in the financial landscape. Its total deposits stand at $3.3 billion against loans of $3.7 billion, supported by a net interest margin of 5.2%. The bank's allowance for bad loans is robust at 0.8% of total loans, indicating prudent risk management practices that align with its primarily low-risk funding strategy—88% sourced from customer deposits rather than external borrowing—enhancing stability and reliability in operations while trading at 30% below estimated fair value suggests potential investment attractiveness relative to peers. Northeast Bank's strong liquidity and capital reserves support strategic growth through loan activities; click here to explore the full narrative on the company's potential. Simply Wall St Value Rating: ★★★★★☆ Overview: Donnelley Financial Solutions, Inc. offers innovative software and technology-enabled financial regulatory and compliance solutions across various regions including the United States, Asia, Europe, and Canada, with a market capitalization of approximately $1.49 billion. Operations: Donnelley Financial Solutions generates revenue through four primary segments: Capital Markets - Software Solutions ($212.50 million), Investment Companies - Software Solutions ($121.50 million), Capital Markets - Compliance and Communications Management ($314.50 million), and Investment Companies - Compliance and Communications Management ($131.10 million). Donnelley Financial Solutions (DFIN) is leveraging its focus on high-margin software and compliance products to boost sales and margins, with Venue showing strong performance. The firm has reduced its debt to equity ratio from 126% to 45.1% over five years, demonstrating financial prudence. With EBIT covering interest payments by 11.7 times, DFIN's interest obligations are well managed. Despite a negative earnings growth of -9.6% last year, the company trades at nearly 10% below fair value estimates and plans a $150 million share repurchase program through December 2026, highlighting confidence in its future prospects amidst evolving regulations and market dynamics. Donnelley Financial Solutions is focusing on high-margin software and compliance products, driving growth. Click here to explore the full narrative on DFIN's strategic focus and market positioning. Unlock more gems! Our US Undiscovered Gems With Strong Fundamentals screener has unearthed 280 more companies for you to here to unveil our expertly curated list of 283 US Undiscovered Gems With Strong Fundamentals. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqCM:NESR NasdaqGM:NBN and NYSE:DFIN. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Associated Press
19-05-2025
- Business
- Associated Press
National Energy Services Reunited Corp. Announces its Intention to Commence an Exchange Offer and Consent Solicitation
HOUSTON, TX / ACCESS Newswire / May 19, 2025 / National Energy Services Reunited Corp. ('NESR' or the 'Company') (Nasdaq:NESR)(Nasdaq:NESRW), an international, industry-leading provider of integrated energy services in the Middle East and North Africa ('MENA') region, today announced that it intends to commence (i) an exchange offer (the 'Offer') relating to its outstanding warrants to purchase ordinary shares of the Company, no par value (the 'Ordinary Shares'), which warrants trade on the Nasdaq Capital Market under the symbol 'NESRW' (the 'Warrants'), and (ii) a consent solicitation (the 'Consent Solicitation') relating to its outstanding Warrants. The Company intends to offer, to all holders of the Warrants, the opportunity to receive 0.10 Ordinary Shares in exchange for each outstanding Warrant tendered by the holder and exchanged pursuant to the Offer. Concurrently with the Offer, the Company also intends to solicit consents from holders of the Warrants to amend the warrant agreement that governs the Warrants (the 'Warrant Amendment') to permit the Company to require that each Warrant that is outstanding upon the closing of the Offer be converted at a ratio of 0.09 Ordinary Shares for each Warrant not tendered in the Offer. If approved, the Warrant Amendment would permit the Company to eliminate all of the Warrants that remain outstanding after the Offer is consummated. Pursuant to a tender and support agreement, holders of a majority of the outstanding Warrants have agreed to tender their Warrants in the Offer and consent to the Warrant Amendment in the Consent Solicitation. Important Additional Information This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any of the Warrants. The anticipated exchange offer and consent solicitation described in this press release has not yet commenced, and while the Company intends to commence the exchange offer and consent solicitation as soon as reasonably practicable upon the filing of definitive documentation with the SEC relating to the exchange offer and consent solicitation, and complete the exchange offer and consent solicitation, there can be no assurance that the Company will commence or complete the exchange offer and consent solicitation on the terms described in this press release, or at all. The exchange offer and consent solicitation will be made only through the Schedule TO and registration statement on Form S-4 that will include a prospectus/offer to exchange filed by the Company with the Securities and Exchange Commission (the 'SEC'), and the complete terms and conditions of the exchange offer and consent solicitation will be set forth therein. The full details of the exchange offer and consent solicitation, including complete instructions on how to exchange Warrants, will be included in such definitive documentation, which will become available to warrant holders upon commencement of the exchange offer. Cautionary Statement Regarding Forward Looking Statements Statements contained in this press release that are not historical fact may be forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Such forward-looking statements may relate to, among other things, the Company's expectations regarding the contemplated exchange offer and consent solicitation. Such forward-looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties, including that NESR will be able to commence the contemplated exchange offer and consent solicitation. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in our filings with the SEC, including those factors discussed under the caption 'Risk Factors' in such filings. You are cautioned not to place undue reliance on forward-looking statements because of the risks and uncertainties related to them and to the risk factors. The Company disclaims any obligation to update any forward-looking statements to reflect any new information or future events or circumstances or otherwise, except as required by law. You should read this communication in conjunction with other documents which the Company may file or furnish from time to time with the SEC. About NESR Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 6,000 employees, representing more than 60 nationalities in 16 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Hydraulic Fracturing, Cementing, Coiled Tubing, Filtration, Completions, Stimulation, Pumping and Nitrogen Services. The Company also helps its customers to access their reservoirs in a smarter and faster manner by providing Drilling and Evaluation Services such as Drilling Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, Wireline, Slickline, Drilling Fluids and Rig Services. For inquiries regarding NESR, or for investor queries, please contact: Blake Gendron National Energy Services Reunited Corp. 832-925-3777 [email protected] SOURCE: National Energy Services Reunited Corp. press release
