Angeli Stefan sold $477K of NESR

National Energy Services Reunited Corp. (NESR) reported Q2 2026 revenue of $520.8 million, up 28.7% sequentially and 59.1% year over year. Adjusted EBITDA was $106.2 million (20.4% margin). Adjusted net income was $45.5 million and adjusted diluted EPS $0.44. Full-year 2026 guidance calls for at least $2 billion revenue, plus a $0.10 quarterly dividend and $50 million buyback.

National Energy Services Reunited (NESR) reported Q2 adjusted EBITDA margin support from seasonal improvement, project ramp-ups and efficiencies at Jafurah, offset by about $4 million (80 bps) of incremental freight and logistics costs tied to geopolitics. Operating cash flow was $174M and free cash flow $99.9M. 2026 revenue objective is $2B minimum; full-year capex $210M to $215M.

National Energy Services Reunited (NESR) reported Q2 2026 net debt fell to $99.6 million from $185.3 million at end-2025, as operating cash flow rose 466.6% to $174 million. Q2 revenue climbed 59.1% to $520.8 million, net income nearly tripled to $44 million, and diluted EPS rose 168.8% to $0.43, according to the company.

The article reports multiple US corporate updates. Barrick Mining said Q2 profit rose 50% to $1.22B, with revenue up 44% to $5.29B, and agreed with Newmont on a $1.95B cash top-up to expand Nevada Gold Mines. Nvidia is working on a $500B AI financing venture; Intel announced a $15B stock offering. It also covers results for Axsome (revenue +46%), Monday.com, RadNet, NESR, and Camtek.

National Energy Services Reunited (NESR) shares rose 23.32% to a new all-time high after the company reported Q2 results. Revenue increased 59% to $521 million. Adjusted net income rose 126% to $45 million, EPS climbed 110% to $0.44, and free cash flow grew to $100 million. NESR said it maintained operations amid regional conflict and ended June 30 with $175 million cash.

National Energy Services Reunited (NESR) shares rose about 16% after its Q2 results beat expectations. The company reported adjusted EPS of $0.44 vs $0.34 consensus, GAAP EPS of $0.43, and revenue of $520.8 million vs about $442-$444 million expected. Net income was $44.0 million. Cash rose to $175.0 million and net debt fell to $99.6 million.