Added to YB: 2025-01-15
Pitch date: 2024-11-30
NESR [bullish]
National Energy Services Reunited Corp.
+65.44%
current return
Author Info
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Company Info
National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region.
Market Cap
$1.4B
Pitch Price
$9.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.64
P/E
19.16
EV/Sales
1.32
Sector
Energy Equipment and Services
Category
value
Show full summary:
National Energy Services Reunited Corp. - $NESR
NESR: OTC-listed oilfield services co. for MENA. Undervalued at 2.7x EV/EBITDA due to delisting. Relisted Oct '24. Growth drivers: Saudi frac expansion (2x rev to $700M by Q4 '25) & Roya drilling tech ($310M rev by '27). 3-4x return potential in 2-2.5yrs. Catalysts: analyst coverage, Russell 2000 inclusion, contracts.
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