National Energy Services Reunited (NESR) Construction in Progress (2017 - 2026)
National Energy Services Reunited (NESR) reported Construction in Progress of $66.2 million for Q1 2026, down 99.73% on a YoY basis from $25.0 billion in Q1 2025, and down 13.59% quarter-over-quarter from $76.6 million in Q4 2025.
National Energy Services Reunited (NESR) Construction in Progress (2017 - 2026) Analysis & Trends
National Energy Services Reunited has reported Construction in Progress for 10 years, with the latest figure at $66.2 million in Q1 2026.
- For the quarter ending Q1 2026, Construction in Progress fell 99.73% year-over-year to $66.2 million; the trailing twelve-month figure through Mar 2026 stood at $66.2 million (down 99.73% YoY), and the FY2025 full-year result was $76.6 million, up 90.19% from the prior year.
- Construction in Progress for Q1 2026 stood at $66.2 million, down from $76.6 million in the prior quarter.
- The five-year high for Construction in Progress was $52.5 billion in Q3 2025, with the low at $11.3 million in Q4 2022.
- Historically, Construction in Progress has averaged $12.8 billion across 5 years, with a median of $71.4 million in 2025.
- Annual changes were most pronounced in 2024 — Construction in Progress jumped 185.52% — and 2026, when it sank 99.73%.
- National Energy Services Reunited's Construction in Progress stood at $11.3 million in 2022, then climbed by 24.61% to $14.1 million in 2023, then jumped by 185.52% to $40.3 million in 2024, then surged by 90.19% to $76.6 million in 2025, then declined by 13.59% to $66.2 million in 2026.
- The last three Construction in Progress figures came in at $66.2 million (Q1 2026), $76.6 million (Q4 2025), and $52.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (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 | 66.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.21 Mn |
| Dec 31, 2025 | 76.63 Mn |
| Sep 30, 2025 | 52.50 Bn |
| Jun 30, 2025 | 24.50 Bn |
| Mar 31, 2025 | 24.97 Bn |
| Dec 31, 2024 | 40.29 Mn |
| Dec 31, 2023 | 14.11 Mn |
| Dec 31, 2022 | 11.32 Mn |
| Dec 31, 2021 | 8.94 Mn |
| Dec 31, 2020 | 10.22 Mn |
| Dec 31, 2019 | 18.05 Mn |
| Dec 31, 2018 | 19.23 Mn |
| Dec 31, 2017 | 5.65 Mn |