NESR news

NESR reported record quarterly revenue and net income of $504.7M and $34.3M, respectively, driven by year-over-year growth of 70.9% and 93.5%. The company declared a quarterly cash dividend of $0.10 per share.

National Energy Services Reunited Corp. entered into a new revolving and term credit arrangement with a syndicate of international banks and financial institutions.

Energy services provider NESR announces $520.8M Q2 revenue and $44.0M net income, driven by a 59.1% year-over-year increase. Shares likely to gain traction on record financial performance and backlog strength.

National Energy Services Reunited Corp. reported the sale of 6,000 common shares by its Chief Executive Officer in accordance with a Rule 10b5-1 plan, subject to the vesting of restricted stock. The move by executive leadership may be observed by investors to gauge insider sentiment.