5 Oil Stocks with Highest Upside Potential

In this article, we will look at the 5 Oil Stocks with Highest Upside Potential. For a deeper discussion and an extended list, please see 11 Oil Stocks with Highest Upside Potential.

5. National Energy Services Reunited Corp. (NASDAQ:NESR)

National Energy Services Reunited Corp. (NASDAQ:NESR) is one of the best oil stocks with highest upside potential. National Energy Services Reunited Corp. (NASDAQ:NESR) received several rating updates following the release of its fiscal Q4 and full year 2025 results on February 17. UBS lifted the price target on the stock to $31 from $25 on February 19, reiterating a Buy rating on the shares and stating that it updated its model following the Q4 earnings report.

Barclays also raised the price target on National Energy Services Reunited Corp. (NASDAQ:NESR) to $34 from $25 on February 18, keeping an Overweight rating on the shares. The firm told investors in a research note that the company delivered fiscal Q4 financial results ahead of expectations with a “clean beat”, driven by factors such as “resilient” margins and the early Jafurah ramp. Barclays sees a “strong setup” for the company’s 2026 as Jafurah scales.

In its fiscal Q4 and full year 2025 results, National Energy Services Reunited Corp. (NASDAQ:NESR) reported that revenue for the quarter reached $398.3 million, up 34.9% sequentially and 15.9% year-over-year. Operating cash flow for the year ended December 31, 2025, was $264.2 million, up 15.2% year-over-year.

National Energy Services Reunited Corp. (NASDAQ:NESR) is involved in the provision of oilfield services, with the company’s operations divided into the Production Services and Drilling and Evaluation Services.