National Energy Services Reunited (NESR) Accumulated Expenses (2017 - 2021)

National Energy Services Reunited (NESR) reported Accumulated Expenses of $69.0 million for Q3 2021, up 33.84% on a YoY basis from $51.6 million in Q3 2020, and up 72.72% quarter-over-quarter from $40.0 million in Q2 2021.

National Energy Services Reunited (NESR) Accumulated Expenses (2017 - 2021) Analysis & Trends

National Energy Services Reunited has reported Accumulated Expenses for 5 years, with the latest figure at $69.0 million in Q3 2021.

  • For the quarter ending Q3 2021, Accumulated Expenses rose 33.84% year-over-year to $69.0 million; the trailing twelve-month figure through Sep 2021 stood at $69.0 million (up 33.84% YoY), and the FY2020 full-year result was $73.8 million, up 6.72% from the prior year.
  • Accumulated Expenses for Q3 2021 stood at $69.0 million, up from $40.0 million in the prior quarter.
  • The five-year high for Accumulated Expenses was $73.8 million in Q4 2020, with the low at $39610.0 in Q2 2017.
  • Historically, Accumulated Expenses has averaged $47.1 million across 5 years, with a median of $49.4 million in 2020.
  • Annual changes were most pronounced in 2019 — Accumulated Expenses surged 77.34% — and 2020, when it sank 30.69%.
  • National Energy Services Reunited's Accumulated Expenses stood at $23.3 million in 2017, then soared by 67.15% to $39.0 million in 2018, then surged by 77.34% to $69.1 million in 2019, then advanced by 6.72% to $73.8 million in 2020, then fell by 6.42% to $69.0 million in 2021.
  • The last three Accumulated Expenses figures came in at $69.0 million (Q3 2021), $40.0 million (Q2 2021), and $46.9 million (Q1 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn
5 Enerflex 8.62 Bn 8.57 Bn -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn
10 National Energy Services Reunited 2.41 Bn 2.31 Bn 51.83 Mn

Historic Data

Download Data
DateValue
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