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Share Name | Share Symbol | Market | Type |
---|---|---|---|
National Energy Services Reunited Corporation | NASDAQ:NESR | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -1.26% | 8.65 | 8.58 | 9.67 | 8.95 | 8.64 | 8.77 | 71,714 | 00:35:08 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE ACT OF 1934
For the month of December 2023
Commission File Number: 001-38091
NATIONAL ENERGY SERVICES REUNITED CORP.
(Exact name of Registrant as specified in its charter)
Not Applicable
(Translation of registrant’s name into English)
777 Post Oak Blvd., Suite 730
Houston, Texas 77056
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): Yes ☐ No ☒
Information Contained in this Form 6-K Report
On December 29, 2023, National Energy Services Reunited Corp. (the “Company”) issued a press release announcing the filing of audited financial statements for the years ended December 31, 2022, December 31, 2021, and December 31, 2020, with the Securities and Exchange Commission. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 6-K.
The information contained in this report and the exhibit hereto shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filings made by NESR under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Exhibits.
Number | Description | |
99.1 | Press Release dated December 29, 2023. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
NATIONAL ENERGY SERVICES REUNITED CORP. | ||
Date: December 29, 2023 | By: | /s/ Stefan Angeli |
Name: | Stefan Angeli | |
Title: | Chief Financial Officer |
Exhibit 99.1
NESR Announces Filing of Previous Years Financials
HOUSTON, TX / ACCESSWIRE / December 29, 2023 / National Energy Services Reunited Corp. (“NESR” or the “Company”) an international, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) region, today announced the filing of audited financial statements for the years ended December 31, 2022, December 31, 2021, and December 31, 2020, with the Securities and Exchange Commission (“SEC”). As previously reported, the Company had engaged Grant Thornton Audit and Accounting Limited (Dubai Branch) (“GT”) to conduct audits of the Company’s financial statements for the years ended December 31, 2022, December 31, 2021, and the re-audit for the year ended December 31, 2020.
Stefan Angeli, Chief Financial Officer, commented, “We are very pleased to announce today the filing of our audited accounts. As the MENA region is seeing unprecedented growth in activity with a strong outlook for 2024 and beyond, I am pleased to report that the Company recorded third quarter 2023 revenue of $300 million which was approximately 6% higher sequentially and 24% higher year-on-year. We continue to have great confidence in the strength of our business and in being the partner of choice for our customers. I would like to take this opportunity to thank our shareholders, customers, lenders, and most importantly, our employees, for their patience, continued support, and encouragement, through this process.”
Cautionary Statement Regarding Forward Looking Statements
Statements contained in this press release that are not historical fact may be forward-looking within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements may relate to, among other things, the Company’s expectations related to its business performance, financial condition and results of operation. Such forward-looking statements do not constitute guarantees of future performance and are subject to a variety of risks and uncertainties, including without limitation, the impact of the delayed SEC report filings on the Company’s business, including its customers, suppliers, counterparties, and lenders, and the extent of any material weakness or significant deficiencies in the Company’s internal control over financial reporting. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in our filings with the SEC, including those factors discussed under the caption “Risk Factors” in such filings.
About NESR
Founded in 2017, NESR is one of the largest national oilfield services providers in the MENA and Asia Pacific regions. With over 6,000 employees, representing more than 60 nationalities in over 15 countries, the Company helps its customers unlock the full potential of their reservoirs by providing Production Services such as Hydraulic Fracturing, Cementing, Coiled Tubing, Filtration, Completions, Stimulation, Pumping and Nitrogen Services. The Company also helps its customers to access their reservoirs in a smarter and faster manner by providing Drilling and Evaluation Services such as Drilling Downhole Tools, Directional Drilling, Fishing Tools, Testing Services, Wireline, Slickline, Drilling Fluids and Rig Services.
For inquiries regarding NESR, please contact:
Blake Gendron - VP Investor Relations & Business Development
National Energy Services Reunited Corp.
832-925-3777
investors@nesr.com
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