NESR Reports Q1 2025 Revenues of $1.3B, Marking 20% CAGR Growth from 2018 Levels

Reuters

06-23

NESR Reports Q1 2025 Revenues of $1.3B, Marking 20% CAGR Growth from 2018 Levels

National Energy Services Reunited Corp. $(NESR)$ has reported its financial results for the first quarter of 2025. The company witnessed a significant growth in its revenue, reaching approximately $1.3 billion, compared to around $450 million in 2018. This marks a compound annual growth rate $(CAGR)$ of approximately 20%, significantly outpacing the MENA region's average CAGR of 5%. NESR operates in 16 countries with a diversified range of energy services focused on the MENA region, with additional operations in the USA, where its headquarters is located. The company has a unique, decentralized structure with multiple headquarters and regional offices across MENA, supporting its operations and growth strategy. NESR continues to focus on its two reporting segments: Drilling & Evaluation (D&E) and Production Services (PS). The company also emphasizes its strategic positioning as the only MENA pure play in oilfield services, working with both National Oil Companies (NOCs) and International Oil Companies (IOCs) across multiple countries.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NESR - National Energy Services Reunited Corp. published the original content used to generate this news brief on June 23, 2025, and is solely responsible for the information contained therein.

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