NESR vs NGL vs USAC Stock Comparison

National Energy Services Reunited, NGL Energy Partners and USA Compression Partners Prices as of Oct 27, 2026 Peers: Industry group
NGL NGL Energy Partners LP
$16.34 +8.1% 1M +157.3% 1Y
Market cap
$2.06B
P/E
–
Revenue (TTM)
$3.52B
Div. yield
–
Oil and Gas Pipelines Energy
3 wins

Head to Head

11 decided of 12

USA Compression Partners leads on 4 of the 12 questions below (USA Compression Partners 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.

QuestionNESRNGLUSACLeader
Larger companyMarket capitalisation $2.19B $2.06B $3.66B USAC
Cheaper on earningsLower P/E, profitable companies only 23.5x -5.9x 25.3x NESR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.8x 12.6x 20.4x NGL
Faster revenue growthRevenue growth, trailing twelve months +23.5% +5.8% +19.9% NESR
More profitableNet margin, trailing twelve months 5.8% -9.9% 12.3% USAC
Better return on capitalReturn on invested capital 8.9% 4.8% 9.9% USAC
Less leveragedLower net debt / EBITDA 0.5x 8.0x 4.3x NESR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.08% –
Better 1-year returnPrice return, last 12 months +68.5% +157.3% +13.0% NGL
Better 5-year returnAnnualised price return, 5 years +12.0%/yr +47.5%/yr +9.2%/yr NGL
Less volatileAnnualised volatility, 1 year 59.7% 51.5% 28.1% USAC
Higher overall scoreMean of the five percentile scores vs peers 82/100 36/100 58/100 NESR

Percentile Scorecard

NESRNGLUSAC

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

AxisNESRNGLUSAC
Valuation 87 #7 of 47 53 #17 of 35 35 #31 of 47
Growth 100 #1 of 43 6 #32 of 34 93 #4 of 43
Profitability 82 #8 of 40 12 #30 of 34 100 #1 of 40
Financial Health 59 #19 of 45 9 #32 of 35 9 #41 of 45
Shareholder Returns – 100 #1 of 31 55 #15 of 32
Overall 82 36 58
  • NESR ranked among 48 companies in Oilfield Services and Equipment
  • NGL ranked among 35 companies in Oil and Gas Midstream
  • USAC 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

PeriodNESRNGLUSACSPY
1 month -34.1%+8.1%-0.8% -0.2%
3 months -17.2%+8.9%-1.9% +3.9%
6 months -15.4%+3.9%-6.8% +8.2%
Year to date +35.1%+63.4%+10.1% +12.9%
1 year +68.5%+157.3%+13.0% +12.3%
3 years +271.2%+294.7%+2.1% +87.4%
3 years, per year +54.9%+58.1%+0.7% +23.3%
5 years +76.2%+598.3%+55.0% +67.9%
5 years, per year +12.0%+47.5%+9.2% +10.9%
10 years —-12.2%+33.2% +261.1%
10 years, per year —-1.3%+2.9% +13.7%

Risk

MeasureNESRNGLUSACSPY
Volatility, 1Y 59.7%51.5%28.1% 12.7%
Downside volatility, 1Y 52.3%43.1%28.5% 12.7%
Beta vs S&P 500, 1Y 1.700.370.09 1.00
Return / volatility, 1Y 1.153.060.46 0.97
Max drawdown, 5Y -79.4%-61.5%-25.3% -25.4%
From 52-week high -41.7%-13.9%-16.4% -1.2%
52-week high $36.31$18.98$30.30 $779.14
52-week low $12.31$6.35$21.99 $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.

MultipleNESRNGLUSAC
P/E now vs peer median 22.9xmedian 26.1x -5.8xmedian 20.9x 25.4xmedian 26.1x
P/S now vs peer median 1.3xmedian 1.3x 0.6xmedian 2.7x 3.1xmedian 1.3x
EV/EBITDA now vs peer median 7.9xmedian 8.8x 13.0xmedian 11.0x 9.7xmedian 8.8x
P/FCF now vs peer median 13.7xmedian 14.9x 20.0xmedian 16.5x 11.9xmedian 14.9x
P/B now vs peer median 2.0xmedian 1.7x -8.6xmedian 2.6x 12.8xmedian 1.7x
PEG now vs peer median 0.49median 0.49 0.09median 1.95 0.13median 0.49

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 monthsNESRNGLUSAC
Revenue $1.62B $3.52B $1.18B
Gross profit $216.51M $1.04B $772.78M
Operating income $151.16M $142.60M $352.30M
Net income $93.38M -$131.86M $146.24M
Free cash flow $156.33M $101.88M $309.81M
EPS (diluted) $0.90 $-2.73 $0.99
Cash & equivalents $174.99M $5.07M $9.48M
Total debt $325.04M $3.28B $2.94B
Shares (diluted) 103.22M 128.09M 145.62M
Enterprise value $1.73B $2.04B $3.62B

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
MetricNESRNGLUSAC
P/E 22.9x -5.8x 25.4x
P/FCF 13.7x 20.0x 11.9x
P/Operating cash flow 6.1x 5.0x 8.2x
P/S 1.3x 0.6x 3.1x
P/B 2.0x -8.6x 12.8x
P/Tangible book 2.1x -2.0x 33.3x
EV/EBITDA 7.9x 13.0x 9.7x
EV/EBIT 15.1x 37.2x 18.7x
EV/Revenue 1.4x 1.5x 5.6x
EV/FCF 14.6x 52.1x 21.3x
EV/Operating cash flow 6.5x 13.0x 14.8x
PEG (3Y EPS CAGR) 0.49 0.09 0.13

Growth

14 metrics
MetricNESRNGLUSAC
Revenue growth (1Y) 23.5% 5.8% 19.9%
Revenue CAGR (3Y) 19.7% -4.9% 15.0%
Gross profit growth (1Y) 11.6% 6.0% 18.2%
Gross profit CAGR (3Y) 305.8% 2.3% 14.7%
Operating income growth (1Y) 19.0% -58.6% 18.9%
Operating income CAGR (3Y) 77.5% -14.6% 21.9%
Net income growth (1Y) 27.8% -228.9% 55.9%
Net income CAGR (3Y) 48.3% -67.4% 40.7%
EPS growth (1Y) 20.9% -560.3% 50.4%
EPS CAGR (3Y) 46.4% -63.2% 197.5%
Operating cash flow growth (1Y) 48.3% 8.1% 25.1%
Operating cash flow CAGR (3Y) – -6.3% 19.6%
Free cash flow growth (1Y) -12.4% -39.9% 19.9%
Free cash flow CAGR (3Y) – -34.1% 68.5%

Profitability

14 metrics
MetricNESRNGLUSAC
Gross margin 13.4% 29.5% 65.7%
EBITDA margin 18.0% 11.6% 57.8%
Operating margin 9.3% 4.0% 30.0%
Pretax margin 7.2% -3.7% 13.5%
Net margin 5.8% -9.9% 12.3%
FCF margin 9.7% 2.9% 26.3%
Operating cash flow margin 21.6% 11.6% 38.0%
Return on equity 9.2% – 48.4%
Return on assets 4.6% -3.1% 3.9%
Return on invested capital 8.9% 4.8% 9.9%
Return on capital employed 12.5% 4.0% 10.2%
Asset turnover 0.8x 0.8x 0.3x
Cash conversion (OCF / net income) 3.7x -3.1x 3.1x
Stock comp / revenue 0.6% 0.1% 0.6%

Financial Health

11 metrics
MetricNESRNGLUSAC
Debt / assets 15.5% 78.4% 79.8%
Debt / equity 0.3x -13.8x 10.2x
Net debt / EBITDA 0.5x 8.0x 4.3x
Debt / FCF 2.1x 32.2x 9.5x
Liabilities / assets 50.3% 105.7% 92.2%
Equity / assets 49.7% -5.7% 7.8%
Interest coverage 5.2x 0.6x 1.8x
Current ratio 1.0x 1.1x 1.3x
Quick ratio 0.7x 1.0x 0.6x
Cash ratio 0.2x 0.0x 0.0x
Altman Z-score 2.32 – –

Shareholder Returns

7 metrics
MetricNESRNGLUSAC
Dividend yield – – 8.3%
Net buyback yield – 17.8% –
Shareholder yield – 17.8% 8.3%
Payout ratio (earnings) – – 189.3%
Payout ratio (FCF) – – 89.3%
Dividend growth (1Y) – – 4.0%
Dividend CAGR (3Y) – – 2.5%

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.

ConsensusNESRNGLUSAC
Forward P/E 13.8xFY2026 12.6xFY2026 20.4xFY2026
EPS, next fiscal year $1.53FY2026 $1.30FY2026 $1.24FY2026
EPS growth, next FY +84.3%FY2026 – +45.9%FY2026
EPS growth, the year after +81.7% +31.5% +24.2%
Revenue, next fiscal year $1.86BFY2026 $3.82BFY2026 $1.46BFY2026
Revenue growth, next FY +41.3%FY2026 +21.0%FY2026 +46.4%FY2026
Revenue growth, the year after +29.2% -6.2% -3.9%
NESR estimates →NGL estimates →USAC estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNESRNGLUSAC
Held by institutions 69.5% 60.3% 37.0%
Institutions holding 224 88 130
Change in shares held, QoQ +13.2% +3.5% +0.4%
Institutions buying 143 25 63
Institutions selling 66 29 26
Buyers to sellers 2.17 0.86 2.42
NESR holders →NGL holders →USAC holders →

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.

NESRNGLUSAC
NESR 1.00 0.14 0.15
NGL 0.14 1.00 0.21
USAC 0.15 0.21 1.00

Add a Peer

Largest companies in the same industry
NESR · Oilfield Services
+SLBSlb +BKRBaker Hughes +HALHalliburton +WFRDWeatherford International +KGSKodiak Gas Services +TDWTidewater +LBRTLiberty Energy +WTTRSelect Water Solutions
Plot all 54 Oilfield Services stocks → Plot all 73 Oil and Gas Pipelines stocks →

Related Comparisons

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Frequently Asked Questions

Which is bigger, NESR, NGL and USAC?

USA Compression Partners (USAC) is the largest by market capitalisation: National Energy Services Reunited (NESR) $2.19B, NGL Energy Partners (NGL) $2.06B, USA Compression Partners (USAC) $3.66B.

Which stock is cheaper, NESR, NGL and USAC?

National Energy Services Reunited (NESR) trades on the lowest price-to-earnings ratio (National Energy Services Reunited (NESR) 23.5x, NGL Energy Partners (NGL) -5.9x, USA Compression Partners (USAC) 25.3x). On next year's consensus earnings, NGL Energy Partners (NGL) is cheapest (National Energy Services Reunited (NESR) 13.8x, NGL Energy Partners (NGL) 12.6x, USA Compression Partners (USAC) 20.4x). 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%, USA Compression Partners (USAC) +19.9%.

Which company is more profitable?

USA Compression Partners (USAC) has the highest net margin (National Energy Services Reunited (NESR) 5.8%, NGL Energy Partners (NGL) -9.9%, USA Compression Partners (USAC) 12.3%). On return on invested capital, USA Compression Partners (USAC) leads (National Energy Services Reunited (NESR) 8.9%, NGL Energy Partners (NGL) 4.8%, USA Compression Partners (USAC) 9.9%).

Which stock has performed better?

Over the past year NGL Energy Partners (NGL) returned the most: National Energy Services Reunited (NESR) +68.5%, NGL Energy Partners (NGL) +157.3%, USA Compression Partners (USAC) +13.0%. Over five years, NGL Energy Partners (NGL) compounded fastest (National Energy Services Reunited (NESR) +12.0%/yr, NGL Energy Partners (NGL) +47.5%/yr, USA Compression Partners (USAC) +9.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: National Energy Services Reunited (NESR) 0.00%, NGL Energy Partners (NGL) 0.00%, USA Compression Partners (USAC) 0.08%. National Energy Services Reunited (NESR) and NGL Energy Partners (NGL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, USA Compression Partners (USAC) has been the steadiest (National Energy Services Reunited (NESR) 59.7%, NGL Energy Partners (NGL) 51.5%, USA Compression Partners (USAC) 28.1%). Volatility measures how widely the price swings, not the risk of the business.

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

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, USA Compression Partners (USAC) 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.