SignalCorporate
NESR targets ~$2B 2026 revenue and approves first $0.10 per share dividend while refinancing $747M facilities
NESR targets ~$2B 2026 revenue, initiates $0.10 dividend, refinances $747M facilities.
Context
What happened: National Energy Services Reunited Corp. (NESR) set a target of about $2B in 2026 revenue and approved its first dividend of $0.10 per share while refinancing $747M in facilities.
Key numbers: ~$2B 2026 revenue target; $0.10 per share first dividend; $747M facilities refinanced; revenue up 70% year-over-year.
Why it matters: Management described continued operations through closed airspace and supply routes that changed by the week, and the company grew revenue 70% year-over-year despite those conditions.
What changed
National Energy Services Reunited Corp. (NESR) set a target of about $2B in 2026 revenue and approved its first dividend of $0.10 per share while refinancing $747M in facilities.
Why it matters
Management described continued operations through closed airspace and supply routes that changed by the week, and the company grew revenue 70% year-over-year despite those conditions.