Welcome to our dedicated page for National Energy Services Reuni SEC filings (Ticker: NESR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The National Energy Services Reunited Corp. (NESR) SEC filings page on Stock Titan provides structured access to the company’s regulatory disclosures as a foreign private issuer listed on Nasdaq. NESR files periodic Form 6-K reports that include unaudited condensed consolidated interim financial statements, prepared in accordance with U.S. GAAP and presented in U.S. dollars.
In these filings, investors can review balance sheets, statements of operations, cash flow statements and statements of shareholders’ equity for NESR and its subsidiaries. The financial statements detail items such as revenues, cost of services, gross profit, operating income, net income, debt balances, service inventories, unbilled revenue, property, plant and equipment, goodwill and intangible assets. Notes to the financial statements cover topics including accounting policies, accounts receivable, service inventories, debt, income taxes, commitments and contingencies, equity and earnings per share.
NESR’s disclosures also include segment information for its Production Services and Drilling and Evaluation Services businesses, along with non-GAAP measures such as Adjusted EBITDA, Adjusted Net Income, Free Cash Flow and Net Debt. Reconciliations from GAAP to these non-GAAP metrics are typically presented in tables accompanying earnings-related filings and press releases.
Through Stock Titan, users can track real-time updates from EDGAR as new NESR filings are released, and use AI-powered summaries to interpret lengthy documents. These summaries highlight key elements of the company’s financial performance, capital structure, and segment results, helping readers understand the implications of each filing without having to parse every line of the original text.
In addition to financial statements, NESR may furnish press releases as exhibits to Form 6-K reports, providing context for quarterly results and other corporate developments. The filings page brings these materials together so that investors can review both the detailed numerical disclosures and the accompanying narrative explanations in a single, organized view.
National Energy Services Reunited Corp. is calling its 2026 annual general meeting for May 7, 2026 at 8:00 a.m. Central Daylight Time in Houston, with a simultaneous online webcast. Shareholders of record as of March 10, 2026, when 100,797,004 ordinary shares were outstanding, may vote in person, by proxy, or online.
Investors will vote on four items: re‑electing five directors for one‑year terms, an advisory say‑on‑pay vote, an advisory vote on say‑on‑pay frequency, and ratification of Grant Thornton Audit and Accounting Limited (Dubai Branch) as auditor for 2026. The Board recommends voting for all director nominees, for the 2025 executive compensation, one year for future say‑on‑pay votes, and for the auditor.
The proxy details NESR’s BVI governance framework, board and committee structure, cybersecurity and ESG oversight, and a pay‑for‑performance compensation program. For 2025, adjusted EBITDA was $281 million and year‑end days sales outstanding were 70 days, driving above‑target annual bonuses, including a 170% of salary payout factor for the CEO.
National Energy Services Reunited Corp. (NESR) is a British Virgin Islands–incorporated oilfield services provider focused on the Middle East and North Africa. It offers production services such as hydraulic fracturing, coiled tubing, cementing and artificial lift, and drilling and evaluation services including rigs, directional drilling, fluids, pressure control and wireline.
NESR generated total revenue of $1.32 billion in 2025, up from $1.30 billion in 2024 and $1.15 billion in 2023, with the MENA region contributing the vast majority. Capital expenditures were $143.5 million in 2025, $105.1 million in 2024 and $68.2 million in 2023, primarily to grow its fleet and equipment in Saudi Arabia, Oman, Kuwait and the UAE.
The company is developing its NEDA decarbonization line and Roya™ advanced directional drilling technologies, though these remain early-stage and NEDA results were not material to recent income statements. NESR highlights customer concentration, significant operations in politically sensitive MENA markets, and exposure to oil and gas spending cycles, climate regulation, tax changes and substantial goodwill of $645.1 million as key risks.
Encompass Capital Advisors LLC and related entities filed Amendment No. 4 to a Schedule 13G/A reporting passive ownership of National Energy Services Reunited Corp. ordinary shares as of December 31, 2025. Encompass Capital Advisors LLC reports beneficial ownership of 7,103,284 shares, representing 7.08% of the class.
Encompass Capital Partners LLC and Todd J. Kantor each report beneficial ownership of 5,687,836 shares, or 5.67% of the class, while Encompass Capital Master Fund L.P. reports 4,129,164 shares, or 4.11%. The filing states only shared voting and dispositive power over these shares and certifies that the securities are not held for the purpose of changing or influencing control of the issuer.
National Energy Services Reunited Corp. received an updated ownership report from a shareholder group led by Mubbadrah Investment LLC. The group now reports beneficial ownership of 4,278,532 ordinary shares, representing 4.25% of the company’s ordinary shares outstanding as of September 30, 2025.
The amendment states that Mubbadrah sold 867,478 ordinary shares in open-market transactions between November 5, 2025 and January 22, 2026. As a result, the reporting persons ceased to be beneficial owners of more than 5% of the company’s ordinary shares, and this filing is characterized as an exit filing for them.
National Energy Services Reunited Corp. reported strong top-line growth for Q4 2025, with revenue of $398.3 million, up 34.9% sequentially and 15.9% year-over-year. Adjusted net income rose to $31.9 million, up 106.6% sequentially, while adjusted EBITDA increased 32.0% to $84.4 million.
GAAP net income for the quarter was $7.8 million, reflecting non-cash technology impairments, credit loss provisions, restructuring in Oman, and other write-offs. For full-year 2025, revenue reached $1.324 billion and net income was $51.1 million. Operating cash flow for 2025 was $264.2 million, with free cash flow of $120.8 million and year-end Net Debt reduced to $185.3 million from $274.9 million.
National Energy Services Reunited Corp. (NESR) director Al-Nowais Yousif Mohammed Ali Nasser filed an initial ownership report showing indirect control of 5,358,396 ordinary shares. These shares are held through Al Nowais Investments LLC, meaning the position is owned via an affiliated investment entity rather than directly in his own name. This Form 3 establishes his status as a significant existing shareholder at the time he became a reporting insider.
National Energy Services Reunited Corp. disclosed the initial ownership of one of its key insiders. The reporting person, who serves as both a director and Chief Executive Officer, beneficially owns 3,184,643 ordinary shares of NESR. These shares are reported as being held directly by the insider.
The ownership report is tied to an event date of January 1, 2026 and is filed as a single-person Form 3, which is used to show a person’s holdings when they first become an insider under SEC rules.
National Energy Services Reunited Corp. (NESR) reported Q3 2025 results on a Form 6-K. Revenue was $295.3 million versus $336.2 million a year ago, as Production Services softened while Drilling & Evaluation grew. Gross profit was $35.4 million, and net income was $17.7 million versus $20.6 million last year. Diluted EPS was $0.18 compared to $0.22.
For the nine months, revenue was $925.8 million versus $958.0 million, with net income of $43.3 million. Operating cash flow was $125.7 million, funding capital expenditures of $100.6 million. Cash was $69.7 million and total borrowings were $332.9 million as of September 30, 2025; the Secured Term Loan outstanding was $274.1 million, and the company remained in covenant compliance.
NESR completed a warrant exchange in Q3, issuing approximately 3.54 million shares, bringing shares outstanding to 100,777,759. The quarter’s income tax benefit reflected $9.2 million in discrete adjustments. NESR previously settled an SEC matter for $400,000 and certified completion of required undertakings.
National Energy Services Reunited Corp. (NESR) furnished a Form 6-K noting it issued a press release announcing the filing of unaudited condensed consolidated interim financial statements for the three- and nine-month periods ended September 30, 2025. The press release is furnished as Exhibit 99.1.
The information in this report and the exhibit is furnished, not deemed “filed” under Section 18 of the Exchange Act and is not incorporated by reference unless expressly stated.