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National Energy Services Reunited Corp (NESR)

National Energy Services Reunited Corp (NESR)
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Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 3,200 employees, representing more than 40 nationalities in over 14 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Cementing, Coiled Tubing, Filtration, Completions, Stimulation and Fracturing, and Nitrogen Services. The Company also helps its customers to access the reservoirs in a smarter and faster manner by providing Drilling and Evaluation services like Drilling Downhole Tools, Directional Drilling Fishing Tools, Testing Services, Wireline, Slickline, Fluids and Rig Services.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 1,301,700 1,145,920 909,520 876,730 834,150
Sales Growth +13.59% +25.99% +3.74% +5.10% +26.70%
Net Income 0 12,580 -36,420 -64,570 50,090
Net Income Growth -100.00% +134.54% +43.60% -228.91% +27.26%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 1,773,680 1,797,740 1,828,330 1,831,290 1,687,050
Total Assets Growth -1.34% -1.67% -0.16% +8.55% +10.82%
Total Liabilities 865,450 976,250 1,025,980 1,010,260 742,640
Total Liabilities Growth -11.35% -4.85% +1.56% +36.04% +16.79%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 229,330 176,960 92,580 127,740 135,330
Operating Cash Flow Growth +29.59% +91.14% -27.52% -5.61% +45.99%
Net Cash Flow 40,140 -11,030 -126,920 130,760 1,820
Change in Net Cash Flow +463.92% +91.31% -197.06% +7,084.61% -96.23%
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