National Energy Services Reunited Corp.
NESR
Oil & Gas Field Services, NEC
Mkt Cap
$919.1MPE
73057.13Debt
$480.2MCash
$67.82MEV
$1.331BFCF
-P/E Ratio
73057.13Debt
$480.2MCash
$67.82MEV
$1.331BFCF
-Charts data: {"Earnings":[{"time":"2016-12-30","value":8350000},{"time":"2017-12-30","value":-3851022},{"time":"2018-06-29","value":-3965000},{"time":"2019-12-30","value":39364000},{"time":"2020-12-30","value":16555000},{"time":"2021-12-30","value":-64568000},{"time":"2022-12-30","value":-36420000},{"time":"2023-12-30","value":12580}],"Sales":[{"time":"2020-12-30","value":834152000},{"time":"2021-12-30","value":876729000},{"time":"2022-12-30","value":909517000},{"time":"2023-12-30","value":1145915000}],"Net Margins":[{"time":"2020-12-30","value":0.01984650279565355},{"time":"2021-12-30","value":-0.07364647456625707},{"time":"2022-12-30","value":-0.04004323173728473},{"time":"2023-12-30","value":0.000010978126649882409}],"Assets":[{"time":"2017-12-30","value":231422540},{"time":"2019-12-30","value":1522364000},{"time":"2020-12-30","value":1687054000},{"time":"2021-12-30","value":1831292000},{"time":"2022-12-30","value":1828327000},{"time":"2023-12-30","value":1797740000}],"Stockholders Equity":[{"time":"2016-12-30","value":382081000},{"time":"2017-12-30","value":389429000},{"time":"2018-06-29","value":792018000},{"time":"2019-12-30","value":886472000},{"time":"2020-12-30","value":944426000},{"time":"2021-12-30","value":821034000},{"time":"2022-12-30","value":802348000},{"time":"2023-12-30","value":821494000}],"ROE":[{"time":"2016-12-30","value":0.021854004779091343},{"time":"2017-12-30","value":-0.009888893739295225},{"time":"2018-06-29","value":-0.005006199354055085},{"time":"2019-12-30","value":0.04440523784169156},{"time":"2020-12-30","value":0.017529165863709808},{"time":"2021-12-30","value":-0.07864229739572295},{"time":"2022-12-30","value":-0.0453917751399642},{"time":"2023-12-30","value":0.000015313562850124287}],"ROA":[{"time":"2017-12-30","value":-0.01821253020557116},{"time":"2020-12-30","value":0.020911008183496203},{"time":"2021-12-30","value":-0.02366198290605758},{"time":"2022-12-30","value":-0.0005015514183184955},{"time":"2023-12-30","value":0.044891363600965656}]}
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.
![LBRT Logo](data:image/svg+xml,<svg xmlns='http://www.w3.org/2000/svg' width='18' height='18'><defs><linearGradient id="a" x1="3.349" x2="21.904" y1="3.122" y2="24.434" gradientUnits="userSpaceOnUse"><stop stop-color="%231A1E21"/><stop offset="1" stop-color="%2306060A"/></linearGradient></defs><path fill="url(%23a)" d="M0 0h18v18H0z"/><text x='50%' y='52%' dominant-baseline='middle' text-anchor='middle' font-size='5' font-family='sans-serif' fill='gray'>LBRT</text></svg>){kind=small}
In the chart Earnings are multiplied by this value.
Earnings Growth -57%
Earnings Stability -53%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2016 | 12-2017 | 06-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Margin | - | - | - | - | 2% | -7.4% | -4% | 0.0011% | 0.0011% |
| ROA | - | -1.8% | - | - | 2.1% | -2.4% | -0.05% | 4.5% | 4.5% |
| ROE | 2.2% | -0.99% | -0.5% | 4.4% | 1.8% | -7.9% | -4.5% | 0.0015% | 0.0015% |
What is the average Net Margin?
The average Net Margin over the past 5 years is -2.35%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is -0.26%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +1.04%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +0.95%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is -1.12%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -0.97%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2016 | 12-2017 | 06-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | - | - | - | - | - | - | - | - | - | |
| Debt Equity | - | - | 0.24 | 0.43 | 0.43 | 0.72 | 0.68 | 0.58 | 0.58 | |
| MIN | ||||||||||
| Graham Stability | - | - | - | 100% | 100% | -370% | - | - | -370% | |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -.
What is the Graham’s Stability?
Graham’s Stability measure stands at -3.73.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 06-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | - | - | 11% | 26% | 10% |
| Net Income | -60% | - | -91% | - | 0% |
| Stockholders Equity | 12% | 0.73% | -4.5% | 2.4% | -8.4% |
| FCF | - | - | - | - | - |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is -.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is +10.44%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is 0%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +0.73%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -8.39%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -.