NESR vs NGL vs SLB Stock Comparison

National Energy Services Reunited, NGL Energy Partners and Slb Prices as of Oct 29, 2026 Peers: Industry group
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NGL NGL Energy Partners LP
$16.66 +12.5% 1M +160.3% 1Y
Market cap
$2.06B
P/E
–
Revenue (TTM)
$3.52B
Div. yield
–
Oil and Gas Pipelines Energy
3 wins
SLB Slb Limited/Nv
$53.82 +7.9% 1M +46.1% 1Y
Market cap
$79.60B
P/E
25.7x
Revenue (TTM)
$36.89B
Div. yield
–
Oilfield Services Energy
4 wins

Head to Head

11 decided of 12

Slb leads on 4 of the 12 questions below (Slb 4, National Energy Services Reunited 4, NGL Energy Partners 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNESRNGLSLBLeader
Larger companyMarket capitalisation $2.14B $2.06B $79.60B SLB
Cheaper on earningsLower P/E, profitable companies only 22.9x -5.9x 25.7x NESR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.0x 12.8x 21.4x NGL
Faster revenue growthRevenue growth, trailing twelve months +23.5% +5.8% +4.6% NESR
More profitableNet margin, trailing twelve months 5.8% -9.9% 8.4% SLB
Better return on capitalReturn on invested capital 8.9% 4.8% 9.3% SLB
Less leveragedLower net debt / EBITDA 0.5x 8.0x 1.2x NESR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +52.0% +160.3% +46.1% NGL
Better 5-year returnAnnualised price return, 5 years +12.9%/yr +48.6%/yr +10.8%/yr NGL
Less volatileAnnualised volatility, 1 year 58.3% 51.4% 36.5% SLB
Higher overall scoreMean of the five percentile scores vs peers 80/100 36/100 62/100 NESR

Percentile Scorecard

NESRNGLSLB

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNESRNGLSLB
Valuation 87 #7 of 47 50 #18 of 35 33 #32 of 47
Growth 95 #3 of 43 6 #32 of 34 50 #22 of 43
Profitability 80 #9 of 40 13 #27 of 31 87 #6 of 40
Financial Health 57 #20 of 45 9 #30 of 33 52 #22 of 45
Shareholder Returns – 100 #1 of 31 86 #5 of 30
Overall 80 36 62
  • NESR ranked among 48 companies in Oilfield Services and Equipment
  • NGL ranked among 35 companies in Oil and Gas Midstream
  • SLB ranked among 48 companies in Oilfield Services and Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNESRNGLSLBSPY
1 month -19.1%+12.5%+7.9% +0.7%
3 months -18.9%+3.2%+10.0% +3.7%
6 months -14.1%+2.8%-5.4% +7.1%
Year to date +36.8%+66.6%+40.2% +12.8%
1 year +52.0%+160.3%+46.1% +11.9%
3 years +279.3%+300.5%-4.6% +85.2%
3 years, per year +56.0%+58.9%-1.5% +22.8%
5 years +83.2%+624.3%+66.8% +67.6%
5 years, per year +12.9%+48.6%+10.8% +10.9%
10 years —-10.4%-32.0% +262.0%
10 years, per year —-1.1%-3.8% +13.7%

Risk

MeasureNESRNGLSLBSPY
Volatility, 1Y 58.3%51.4%36.5% 12.7%
Downside volatility, 1Y 52.2%43.3%33.4% 12.6%
Beta vs S&P 500, 1Y 1.710.370.74 1.00
Return / volatility, 1Y 0.893.121.26 0.94
Max drawdown, 5Y -79.4%-61.5%-48.9% -25.4%
From 52-week high -41.0%-12.2%-10.5% -1.2%
52-week high $36.31$18.98$60.12 $779.14
52-week low $12.31$6.40$35.19 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNESRNGLSLB
P/E now vs peer median 23.1xmedian 28.5x -5.9xmedian 19.6x 25.7xmedian 28.5x
P/S now vs peer median 1.3xmedian 1.2x 0.6xmedian 2.8x 2.2xmedian 1.2x
EV/EBITDA now vs peer median 7.9xmedian 8.9x 13.1xmedian 11.1x 11.9xmedian 8.9x
P/FCF now vs peer median 13.8xmedian 15.4x 20.4xmedian 16.9x 17.4xmedian 15.4x
P/B now vs peer median 2.1xmedian 1.6x -8.8xmedian 2.4x 2.9xmedian 1.6x
PEG now vs peer median 0.50median 0.52 0.09median 1.68 -2.46median 0.52

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNESRNGLSLB
Revenue $1.62B $3.52B $36.89B
Gross profit $216.51M $1.04B $6.02B
Operating income $151.16M $142.60M $4.64B
Net income $93.38M -$131.86M $3.16B
Free cash flow $156.33M $101.88M $4.56B
R&D – – $678.00M
EPS (diluted) $0.90 $-2.73 $2.07
Cash & equivalents $174.99M $5.07M $2.62B
Total debt $325.04M $3.28B $12.80B
Shares (diluted) 103.22M 128.09M 1.50B
Enterprise value $1.68B $2.04B $76.05B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNESRNGLSLB
P/E 23.1x -5.9x 25.7x
P/FCF 13.8x 20.4x 17.4x
P/Operating cash flow 6.2x 5.1x 12.5x
P/S 1.3x 0.6x 2.2x
P/B 2.1x -8.8x 2.9x
P/Tangible book 2.2x -2.0x 3.6x
EV/EBITDA 7.9x 13.1x 11.9x
EV/EBIT 15.3x 37.5x 19.1x
EV/Revenue 1.4x 1.5x 2.4x
EV/FCF 14.8x 52.5x 19.5x
EV/Operating cash flow 6.6x 13.1x 13.9x
PEG (3Y EPS CAGR) 0.50 0.09 -2.46

Growth

14 metrics
MetricNESRNGLSLB
Revenue growth (1Y) 23.5% 5.8% 4.6%
Revenue CAGR (3Y) 19.7% -4.9% 4.8%
Gross profit growth (1Y) 11.6% 6.0% -10.6%
Gross profit CAGR (3Y) 305.8% 2.3% -1.7%
Operating income growth (1Y) 19.0% -58.6% -10.6%
Operating income CAGR (3Y) 77.5% -14.6% -4.1%
Net income growth (1Y) 27.8% -228.9% -16.3%
Net income CAGR (3Y) 48.3% -67.4% -9.2%
EPS growth (1Y) 20.9% -560.3% -15.5%
EPS CAGR (3Y) 46.4% -63.2% -10.4%
Operating cash flow growth (1Y) 48.3% 8.1% 8.3%
Operating cash flow CAGR (3Y) – -6.3% 6.8%
Free cash flow growth (1Y) -12.4% -39.9% 11.5%
Free cash flow CAGR (3Y) – -34.1% 18.7%

Profitability

14 metrics
MetricNESRNGLSLB
Gross margin 13.4% 29.5% 16.3%
EBITDA margin 18.0% 11.6% 20.2%
Operating margin 9.3% 4.0% 12.6%
Pretax margin 7.2% -3.7% 10.7%
Net margin 5.8% -9.9% 8.4%
FCF margin 9.7% 2.9% 12.4%
Operating cash flow margin 21.6% 11.6% 17.2%
Return on equity 9.2% – 11.6%
Return on assets 4.6% -3.1% 5.6%
Return on invested capital 8.9% 4.8% 9.3%
Return on capital employed 12.5% 4.0% 11.3%
Asset turnover 0.8x 0.8x 0.7x
Cash conversion (OCF / net income) 3.7x -3.1x 2.0x
Stock comp / revenue 0.6% 0.1% 0.9%

Financial Health

11 metrics
MetricNESRNGLSLB
Debt / assets 15.5% 78.4% 22.8%
Debt / equity 0.3x -13.8x 0.5x
Net debt / EBITDA 0.5x 8.0x 1.2x
Debt / FCF 2.1x 32.2x 2.8x
Liabilities / assets 50.3% 105.7% 51.6%
Equity / assets 49.7% -5.7% 48.4%
Interest coverage 5.2x 0.6x 9.2x
Current ratio 1.0x 1.1x 1.4x
Quick ratio 0.7x 1.0x 0.9x
Cash ratio 0.2x 0.0x 0.2x
Altman Z-score 2.34 – 3.17

Shareholder Returns

7 metrics
MetricNESRNGLSLB
Dividend yield – – 2.2%
Net buyback yield – 17.4% 1.8%
Shareholder yield – 17.4% 3.9%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNESRNGLSLB
Forward P/E 14.0xFY2026 12.8xFY2026 21.4xFY2026
EPS, next fiscal year $1.53FY2026 $1.30FY2026 $2.52FY2026
EPS growth, next FY +84.3%FY2026 – -14.0%FY2026
EPS growth, the year after +81.7% +31.5% +17.1%
Revenue, next fiscal year $1.86BFY2026 $3.82BFY2026 $38.38BFY2026
Revenue growth, next FY +41.3%FY2026 +21.0%FY2026 +7.5%FY2026
Revenue growth, the year after +29.2% -6.2% +0.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNESRNGLSLB
Held by institutions 69.5% 60.3% 89.8%
Institutions holding 225 88 1,700
Change in shares held, QoQ +13.2% +3.5% +1.6%
Institutions buying 144 25 785
Institutions selling 66 29 663
Buyers to sellers 2.18 0.86 1.18

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NESRNGLSLB
NESR 1.00 0.14 0.46
NGL 0.14 1.00 0.20
SLB 0.46 0.20 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, NESR, NGL and SLB?

Slb (SLB) is the largest by market capitalisation: National Energy Services Reunited (NESR) $2.14B, NGL Energy Partners (NGL) $2.06B, Slb (SLB) $79.60B.

Which stock is cheaper, NESR, NGL and SLB?

National Energy Services Reunited (NESR) trades on the lowest price-to-earnings ratio (National Energy Services Reunited (NESR) 22.9x, NGL Energy Partners (NGL) -5.9x, Slb (SLB) 25.7x). On next year's consensus earnings, NGL Energy Partners (NGL) is cheapest (National Energy Services Reunited (NESR) 14.0x, NGL Energy Partners (NGL) 12.8x, Slb (SLB) 21.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

National Energy Services Reunited (NESR) grew revenue fastest over the trailing twelve months: National Energy Services Reunited (NESR) +23.5%, NGL Energy Partners (NGL) +5.8%, Slb (SLB) +4.6%.

Which company is more profitable?

Slb (SLB) has the highest net margin (National Energy Services Reunited (NESR) 5.8%, NGL Energy Partners (NGL) -9.9%, Slb (SLB) 8.4%). On return on invested capital, Slb (SLB) leads (National Energy Services Reunited (NESR) 8.9%, NGL Energy Partners (NGL) 4.8%, Slb (SLB) 9.3%).

Which stock has performed better?

Over the past year NGL Energy Partners (NGL) returned the most: National Energy Services Reunited (NESR) +52.0%, NGL Energy Partners (NGL) +160.3%, Slb (SLB) +46.1%. Over five years, NGL Energy Partners (NGL) compounded fastest (National Energy Services Reunited (NESR) +12.9%/yr, NGL Energy Partners (NGL) +48.6%/yr, Slb (SLB) +10.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Slb (SLB) has been the steadiest (National Energy Services Reunited (NESR) 58.3%, NGL Energy Partners (NGL) 51.4%, Slb (SLB) 36.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NESR, NGL and SLB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Slb (SLB) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.