$NESR

National Energy Services Reunited Insider Sold Shares Worth $476,578, According to a Recent SEC Filing

Stefan Angeli, Chief Financial Officer, on August 18, 2026, sold 13,570 shares in National Energy Services Reunited (NESR) for $476,578. Following the Form 4 filing with the SEC, Angeli has control over a total of 549,763 ordinary shares of the company, with 549,763 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1698514/000094787126000827/xslF345X05/ownership.xml

UBS Adjusts PT on National Energy Services Reunited to $45 From $36, Keeps Buy Rating

National Energy Services Reunited (NESR) has an average rating of buy and mean price target of $41.14, according to analysts polled by FactSet.Price: $35.76, Change: $-0.03, Percent Change: -0.10%

Sector Update: Energy Stocks Rise Late Afternoon

Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index rising 3.8% and the State Street Energy Select Sector SPDR ETF (XLE) adding 4.5%.The Philadelphia Oil Service Sector Index was climbing 5.3%, and the Dow Jones US Utilities Index was decreasing 1.1%.In geopolitical news, President Donald Trump signaled a US emphasis on increasing economic pressure on Iran, saying that Washington is "low-keying" negotiations with the country, CNN reported. Iran said it was nearing a final pact with Oman to define new shipping lanes between them through the Strait of Hormuz, but reiterated that the US must meet other conditions, including compensation and an end to sanctions and military threats, before the waterway is reopened, Reuters reported.Front-month West Texas Intermediate crude oil rose 5% to $82.06 a barrel, and the global benchmark Brent crude contract advanced 4.8% to $87.54 a barrel. Henry Hub natural gas futures climbed 4.6% to $2.78 per 1 million BTU.In sector news, Phillips 66 (PSX) is expected to accelerate share repurchases in H2 this year, supported by ongoing balance sheet deleveraging, UBS said in a note. UBS maintained a buy rating on Phillips 66 with a $235 price target. Phillips 66 shares were up 5.5%.California Resources (CRC) shares were up 3.5% after it reported its Q2 results. The company also said Monday that it agreed to acquire Crimson Midstream from CorEnergy Infrastructure Trust for a total cash consideration of $63 million.National Energy Services Reunited (NESR) shares jumped more than 23% after it posted higher Q2 adjusted earnings and revenue.Seadrill (SDRL) shares climbed 7.9% after the company reported that it swung to Q2 earnings as operating revenue increased during the period and Seadrill raised its 2026 sales outlook.

Update: National Energy Services Reunited Shares Rise After Q2 Adjusted Earnings, Revenue Rise

(Updates to add latest share movement in first paragraph and headline.)National Energy Services Reunited (NESR) shares jumped nearly 25% in Monday trading after it reported Q2 adjusted earnings of $0.44 per diluted share, up from $0.21 a year earlier.Analysts surveyed by FactSet expected $0.35.Revenue for the quarter ended June 30 was $520.8 million, up from $327.4 million a year earlier.Analysts expected $448.5 million.Price: $36.26, Change: $+7.24, Percent Change: +24.93%

Sector Update: Energy Stocks Rise Monday Afternoon

Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 3.4% and the State Street Energy Select Sector SPDR ETF (XLE) adding 4%.The Philadelphia Oil Service Sector Index was climbing 4.7%, and the Dow Jones US Utilities Index was decreasing 0.9%.In geopolitical news, President Donald Trump signaled a US emphasis on increasing economic pressure on Iran, saying that Washington is "low-keying" negotiations with the country, CNN reported. Iran said it was nearing a final pact with Oman to define new shipping lanes between them through the Strait of Hormuz, but reiterated that the US must meet other conditions, including compensation and an end to sanctions and military threats, before the waterway is reopened, Reuters reported.Front-month West Texas Intermediate crude oil rose 4.3% to $81.52 a barrel, and the global benchmark Brent crude contract advanced 4.3% to $87.14 a barrel. Henry Hub natural gas futures climbed 4.8% to $2.79 per 1 million BTU.In sector news, President Donald Trump has extended a Jones Act waiver letting foreign ships transport commodities between US ports for 90 more days, but he also narrowed the scope of relief from the law, Bloomberg reported Monday, citing a White House official. The new limits, which were finalized Monday along with the extension, require case-by-case reviews of individual voyages, the report said, citing the official.In corporate news, California Resources (CRC) shares were up 4% after it reported its Q2 results. The company also said Monday that it agreed to acquire Crimson Midstream from CorEnergy Infrastructure Trust for a total cash consideration of $63 million.National Energy Services Reunited (NESR) shares jumped 23% after it posted higher Q2 adjusted earnings and revenue.Seadrill (SDRL) shares climbed past 8% after the company reported that it swung to Q2 earnings as operating revenue increased during the period and Seadrill raised its 2026 sales outlook.

Sector Update: Energy Stocks Advance Premarket Monday

Energy stocks were advancing premarket Monday, with The State Street Energy Select Sector SPDR ETF (XLE) up 1.2%.The United States Oil Fund (USO) was up 3.1% and The United States Natural Gas Fund (UNG) was 3.9% higher.Front-month US West Texas Intermediate crude oil was 1.7% higher at $79.53 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.8% to $85.03 per barrel, and natural gas futures were up 4.2% at $2.77 per 1 million British Thermal Units.National Energy Services Reunited (NESR) stock was up more than 7% after the company posted higher Q2 adjusted earnings and revenue.Seadrill (SDRL) shares were up over 7% after the company reported that it swung to Q2 earnings as operating revenue increased during the period and Seadrill raised its 2026 sales outlook.Eni (E) and United Arab Emirates-based Khazna Data Center have received approval from the European Commission to create a joint venture focused on the construction, management and operation of data centers, the Commission said. Shares of Eni were 0.9% higher pre-bell.

Exchange-Traded Funds Lower, Equity Futures Mixed Pre-Bell Monday Amid Rising Oil Prices

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.1% in Monday's premarket activity amid higher crude prices tied to the Strait of Hormuz uncertainty.US stock futures were mixed, with S&P 500 Index futures up 0.04%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures gaining 0.2% before the start of regular trading.In premarket activity, bitcoin was down by 0.3%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.2% lower, Ether ETF (EETH) retreated 0.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) rose 5%.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.2%, the Vanguard Health Care Index Fund (VHT) was up 0.3%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was 0.4% higher.Sionna Therapeutics (SION) shares were down more than 90% after the company said it will not advance SION-719 as an add-on therapy to standard of care Trikafta in cystic fibrosis patients after a phase 2a proof-of-concept failed to meet its key activity endpoint of sweat chloride reduction.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.3%, the iShares US Technology ETF (IYW) was 0.4% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 0.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was up 0.1%, while the iShares Semiconductor ETF (SOXX) declined by 0.1%.Monday.com (MNDY) stock was more than 10% lower in premarket activity after the company guided for Q3 revenue that trailed analyst estimates.EnergyThe iShares US Energy ETF (IYE) gained 0.03%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.1%.National Energy Services Reunited (NESR) shares were up over 8% before market open after the company reported higher Q2 adjusted earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.02%, the Vanguard Industrials Index Fund (VIS) retreated 0.01%, and the iShares US Industrials ETF (IYJ) was inactive.CECO Environmental (CECO) stock was up over 7% before the opening bell after the company reported higher Q2 non-GAAP earnings and net sales.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 0.5% lower, and the iShares US Consumer Staples ETF (IYK) was 0.1% higher. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.2%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was up 0.9%.GameStop (GME) shares were up more than 2% pre-bell after Bloomberg reported that Chief Executive Ryan Cohen is considering pulling the company's $56 billion bid for eBay (EBAY). eBay shares were 0.4% lower.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.03%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% higher.Robinhood Markets (HOOD) stock was up 1% in early-hours activity after Bloomberg reported the company will begin rolling out cryptocurrency trading to eligible UK customers this week, allowing them to trade digital assets through its app.CommoditiesFront-month US West Texas Intermediate crude oil advanced by 1.8% to $79.58 per barrel on the New York Mercantile Exchange. Natural gas was 4.5% higher at $2.78 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 3.3%, while the United States Natural Gas Fund (UNG) was 3.4% higher.Gold futures for November declined by 0.2% to $4,390.40 an ounce on the Comex. Silver futures gained 1% to reach $64.14 an ounce. SPDR Gold Shares (GLD) was down by 0.3%, and the iShares Silver Trust (SLV) was 0.3% higher.

Sector Update: Energy

Energy stocks were advancing premarket Monday, with the State Street Energy Select Sector SPDR ETF (XLE) up 1%.The United States Oil Fund (USO) was up 3% and the United States Natural Gas Fund (UNG) was 3.6% higher.Front-month US West Texas Intermediate crude oil was 2% higher at $79.75 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.9% to $85.17 per barrel, and natural gas futures were up 3.5% at $2.75 per 1 million British Thermal Units.National Energy Services Reunited (NESR) stock was up more than 7% after the company posted higher Q2 adjusted earnings and revenue.

National Energy Services Reunited Q2 Adjusted Earnings, Revenue Rise

National Energy Services Reunited (NESR) reported Q2 adjusted earnings Monday of $0.44 per diluted share, up from $0.21 a year earlier.Analysts surveyed by FactSet expected $0.35.Revenue for the quarter ended June 30 was $520.8 million, up from $327.4 million a year earlier.Analysts expected $448.5 million.Shares of the company were up over 10% in Monday premarket activity.Price: $32.00, Change: $+2.98, Percent Change: +10.27%

Energy Stocks Poised for Gains as Oil, Gas Outlook Improves, UBS Says

UBS maintained its bullish outlook for oil and natural gas, saying it expects 2027 prices to top what the current futures price would suggest even as volatility prompted it to stress-test energy stocks under multiple price scenarios, the bank said in a note on Tuesday.The analysis looked at oil prices ranging from $55-$65 per barrel for Brent crude and corresponding WTI prices of about $51-$61/bbl, along with natural gas prices between $2.75 and $4.25 per million British thermal units.UBS assumed companies would keep spending and production levels unchanged across all scenarios.UBS said current share prices for US oil and gas producers imply investors are expecting WTI crude prices in the low $60s/bbl and natural gas prices of about $3.50/MMBtu in 2027.In a scenario where Brent crude averages $75/bbl and natural gas averages $3.75/MMBtu, UBS believes the sector appears undervalued. Based on historical valuation levels, the bank estimates energy stocks could have over 20% upside.The bank also said energy company valuations are highly sensitive to changes in commodity prices. A $10/bbl move in oil prices and a $0.50 change in natural gas prices would have a significant impact on companies' cash flow and valuations.UBS added that if oil prices fall below $60/bbl and natural gas prices below $3/MMBtu many producers would likely reduce drilling activity and production.Despite higher oil prices since the recent conflict began, energy stocks have lagged the broader market. The S&P 500 Energy Index has gained 8% but has underperformed the broader S&P 500 by about 3 percentage points.Front-month WTI crude prices have risen 22%, while contracts for 2027 delivery are up 15%. Longer-dated natural gas prices, however, have fallen 10%.Among the companies UBS follows, SM Energy (SM) and Chord Energy (CHRD) have posted the strongest gains since the conflict began, while Liberty Energy (LBRT), Comstock Resources (CRK) and Gulfport Energy (GPOR) have been the weakest performers.Smaller and mid-sized oil producers have generally outperformed their larger peers, UBS said.UBS maintained its preferred exploration and production stocks as Ovintiv (OVV), Devon Energy (DVN) and Antero Resources (AR), while naming National Energy Services Reunited (NESR) as its top pick among oilfield services companies.Price: $29.40, Change: $-0.90, Percent Change: -2.97%

National Energy Services Reunited Could Report Strong Q2 on Jafurah Acceleration, UBS Says

National Energy Services Reunited (NESR) could report another strong quarterly update on accelerating activity at the Jafurah field and a robust regional tender pipeline, UBS said in a note Monday.The firm said operations at Jafurah continue to accelerate, with the fourth crew active in Q2 and the fifth likely starting in Q3, positioning the company to capture the full scope of the committed work.UBS expects this to push the company to its $500 million quarterly revenue run rate starting in Q3, with potential for a sixth crew next year and further expansion to seven or eight crews over time should Aramco accelerate gas activity.UBS also cited roughly $3 billion in regional tender awards expected over the next two months, led by Kuwait, as a key catalyst.UBS reiterated the company's buy rating and raised the price target to $36 from $32.Price: $29.73, Change: $+1.24, Percent Change: +4.35%

UBS Adjusts National Energy Services Reunited PT to $36 From $32, Maintains Buy Rating

National Energy Services Reunited Insider Sold Shares Worth $51,445,119, According to a Recent SEC Filing

Yousif Mohammed Ali Nasser Al-Nowais, Director, on June 25, 2026, sold 1,919,594 shares in National Energy Services Reunited (NESR) for $51,445,119. Following the Form 4 filing with the SEC, Al-Nowais has control over a total of 229,198 ordinary shares of the company, with 229,198 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1698514/000094787126000671/xslF345X05/ownership.xml

National Energy Services Reunited Insider Sold Shares Worth $18,285,925, According to a Recent SEC Filing

Yousif Mohammed Ali Nasser Al-Nowais, Director, on May 22, 2026, sold 699,888 shares in National Energy Services Reunited (NESR) for $18,285,925. Following the Form 4 filing with the SEC, Al-Nowais has control over a total of 3,555,968 ordinary shares of the company, with 3,555,968 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1698514/000094787126000583/xslF345X05/ownership.xml

National Energy Services Reunited Insider Sold Shares Worth $14,992,440, According to a Recent SEC Filing

Yousif Mohammed Ali Nasser Al-Nowais, Director, on May 20, 2026, sold 573,544 shares in National Energy Services Reunited (NESR) for $14,992,440. Following the Form 4 filing with the SEC, Al-Nowais has control over a total of 4,255,856 ordinary shares of the company, with 4,255,856 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1698514/000094787126000571/xslF345X05/ownership.xml

National Energy Services Reunited Insider Sold Shares Worth $5,839,457, According to a Recent SEC Filing

Yousif Mohammed Ali Nasser Al-Nowais, Director, on May 18, 2026, sold 224,068 shares in National Energy Services Reunited (NESR) for $5,839,457. Following the Form 4 filing with the SEC, Al-Nowais has control over a total of 4,829,400 ordinary shares of the company, with 4,829,400 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1698514/000094787126000569/xslF345X05/ownership.xml

National Energy Services Reunited Insider Sold Shares Worth $8,146,550, According to a Recent SEC Filing

Yousif Mohammed Ali Nasser Al-Nowais, Director, on May 13, 2026, sold 304,928 shares in National Energy Services Reunited (NESR) for $8,146,550. Following the Form 4 filing with the SEC, Al-Nowais has control over a total of 5,053,468 ordinary shares of the company, with 5,053,468 controlled indirectly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1698514/000094787126000555/xslF345X05/ownership.xml

UBS Adjusts Price Target on National Energy Services Reunited to $32 From $31, Maintains Buy Rating

National Energy Services Reunited Corp. (NESR) has an average rating of buy and mean price target of $30.86, according to analysts polled by FactSet.Price: $24.84, Change: $-0.59, Percent Change: -2.32%

Sector Update: Energy Stocks Gain Late Afternoon

Energy stocks were higher late Monday afternoon, with the NYSE Energy Sector Index and the State Street Energy Select Sector SPDR ETF (XLE) each rising 2.4%.The Philadelphia Oil Service Sector Index was adding 1.8%, and the Dow Jones US Utilities Index rose 1%.Front-month West Texas Intermediate crude oil rose 2.6% to $97.93 a barrel, and the global benchmark Brent crude contract was advancing 2.8% to $104.16 a barrel. Henry Hub natural gas futures gained 6% to $2.92 per 1 million BTU.In corporate news, Enbridge (ENB) is well-positioned to benefit from global energy security trends and rising demand for energy infrastructure, which are creating expanded opportunities across its businesses, RBC Capital Markets said in a note. Enbridge shares rose 1.7%.BP (BP) has a "second chance" to deleverage and restore financial health, supported by higher commodity prices that could put it on firmer footing in coming years, RBC Capital Markets said in a note. RBC upgraded BP to outperform from sector perform, while maintaining its 700 pence ($9.52) price target. BP shares rose 2.1%.Halliburton (HAL) and Blackstone (BX) will invest a combined $1 billion into energy startup VoltaGrid in a deal that values the firm at over $10 billion, Bloomberg reported. Halliburton shares added 1%.National Energy Services Reunited (NESR) shares jumped past 9% after it reported higher Q1 adjusted earnings and revenue.

Sector Update: Energy Stocks Rise Monday Afternoon

Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 2.3% and the State Street Energy Select Sector SPDR ETF (XLE) climbing 2.6%.The Philadelphia Oil Service Sector Index was adding 1.9%, and the Dow Jones US Utilities Index rose 1.1%.Crude oil prices rose Monday after US President Donald Trump rejected Iran's counteroffer to end the war, extending uncertainty around oil flows through the Strait of Hormuz. Trump on Sunday described Iran's response to Washington's peace proposal as "totally unacceptable." The apparent US-Iran stalemate prolongs the effective closure of the Strait of Hormuz, the world's most important chokepoint for crude flows.Front-month West Texas Intermediate crude oil rose 2.9% to $98.16 a barrel, and the global benchmark Brent crude contract was advancing 2.9% to $104.18 a barrel. Henry Hub natural gas futures gained 5.5% to $2.91 per 1 million BTU.In corporate news, BP (BP) has a "second chance" to deleverage and restore financial health, supported by higher commodity prices that could put it on firmer footing in coming years, RBC Capital Markets said in a note. RBC upgraded BP to outperform from sector perform, while maintaining its 700 pence ($9.52) price target. BP shares rose 2%.Halliburton (HAL) and Blackstone (BX) will invest a combined $1 billion into energy startup VoltaGrid in a deal that values the firm at over $10 billion, Bloomberg reported. Halliburton shares added 1.4%.National Energy Services Reunited (NESR) shares surged 11% after it reported higher Q1 adjusted earnings and revenue.Kodiak Gas Services (KGS) shares jumped past 6% after it posted higher Q1 adjusted earnings and revenue.