Overview
National Energy Services Reunited's Q4 revenue grew 15.9% yr/yr, beating analyst expectations
MENA energy services provider's adjusted EPS for Q4 beat analyst expectations
Adjusted EBITDA for Q4 rose 32% sequentially, beating analyst expectations
Outlook
Company focuses on executing backlog efficiently in 2026
Company positioned for growth with strong operational momentum
Result Drivers
CONTRACT MOBILIZATION - Revenue growth driven by improved utilization and early stages of mobilization on new contracts, per CFO Stefan Angeli
COST EXECUTION - Adjusted EBITDA margins remained stable, highlighting effective cost controls and scalability of operations, per CFO Stefan Angeli
IMPAIRMENT CHARGES - Net income impacted by non-cash impairment charges and restructuring costs, offset by higher revenues
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $398.30 mln | $370.18 mln (6 Analysts) |
Q4 Adjusted EPS | Beat | $0.32 | $0.25 (6 Analysts) |
Q4 Adjusted Net Income | Beat | $31.90 mln | $26.38 mln (4 Analysts) |
Q4 Net Income | $7.80 mln | ||
Q4 Adjusted EBITDA | Beat | $84.40 mln | $79.04 mln (5 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the oil related services and equipment peer group is "buy"
Wall Street's median 12-month price target for National Energy Services Reunited Corp is $21.00, about 0.8% above its February 13 closing price of $20.83
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release: ID:nACS4zlQfa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)