National Energy Services Reunited (NESR) Accumulated Expenses (2017 - 2021)
National Energy Services Reunited (NESR) posted Accumulated Expenses of $69.0 million for Q3 2021, up 72.72% on a QoQ basis from $40.0 million in Q2 2021, and up 33.84% year-over-year from $51.6 million in Q3 2020.
National Energy Services Reunited (NESR) Accumulated Expenses (2017 - 2021) Analysis & Trends
National Energy Services Reunited's Accumulated Expenses history runs 5 years deep, the most recent figure standing at $69.0 million for Q3 2021.
- Quarterly Accumulated Expenses rose 33.84% year-over-year to $69.0 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $69.0 million (up 33.84% YoY) and the FY2020 annual result came in at $73.8 million, up 6.72% from the prior year.
- Accumulated Expenses was $69.0 million for Q3 2021 at National Energy Services Reunited, up from $40.0 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $73.8 million in Q4 2020 and bottomed at $39610.0 in Q2 2017.
- A 5-year average of $47.1 million and a median of $49.4 million in 2020 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2019 — Accumulated Expenses surged 77.34% — and 2020, when it plunged 30.69%.
- National Energy Services Reunited's Accumulated Expenses stood at $23.3 million in 2017, then surged by 67.15% to $39.0 million in 2018, then jumped by 77.34% to $69.1 million in 2019, then grew by 6.72% to $73.8 million in 2020, then decreased by 6.42% to $69.0 million in 2021.
- Business Quant data shows NESR's Accumulated Expenses at $69.0 million in Q3 2021, $40.0 million in Q2 2021, and $46.9 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | National Energy Services Reunited | 2.78 Bn | 2.69 Bn | 51.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2021 | 69.05 Mn |
| Jun 30, 2021 | 39.98 Mn |
| Mar 31, 2021 | 46.94 Mn |
| Dec 31, 2020 | 73.78 Mn |
| Sep 30, 2020 | 51.59 Mn |
| Jun 30, 2020 | 49.39 Mn |
| Mar 31, 2020 | 51.20 Mn |
| Dec 31, 2019 | 69.14 Mn |
| Sep 30, 2019 | 72.27 Mn |
| Jun 30, 2019 | 71.26 Mn |
| Mar 31, 2019 | 48.52 Mn |
| Dec 31, 2018 | 38.99 Mn |
| Dec 31, 2017 | 23.32 Mn |
| Sep 30, 2017 | 325,692.00 |
| Jun 30, 2017 | 39,610.00 |