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National Energy Services Reunited (NESR) Announces $300 Million in Cementing Contracts

National Energy Services Reunited Corp. (NASDAQ:NESR) is included among the 14 Best Energy Stocks to Buy According to Wall Street Analysts.

National Energy Services Reunited Corp. (NASDAQ:NESR) provides oilfield services in the Middle East and North Africa region.

National Energy Services Reunited Corp. (NASDAQ:NESR) received a boost on March 16 when the company announced that it had secured several contracts for cementing work with clients in Kuwait and North Africa. The awards, valued at approximately $300 million, bolster the firm’s leading position in the MENA region for cementing for the next five years.

Sherif Foda, Chairman and CEO at National Energy Services Reunited Corp. (NASDAQ:NESR), commented:

“Based on our philosophy of fortifying our biggest segments in core countries and pulling-through these capabilities to new areas, we are pleased to see these new awards that solidify our leading position in Cementing for years to come. The benefit of regional scale in segments like Cementing include operational agility and the ability to enhance our offering with new technologies. We’re honored to now have such a solid position in Kuwait, and humbly thank our dearest clients for their trust. New awards across North Africa demonstrate our ability to expand quickly outside of our core Gulf footprint, and underscore the growth potential in Libya and beyond.”

National Energy Services Reunited Corp. (NASDAQ:NESR) hit an all-time high after reporting strong results for its Q4 2025 last month, with the company beating estimates in both earnings and revenue. The impressive performance followed the announcement of several significant contract awards by NESR, most notably its integrated unconventional completions scope in Saudi Arabia’s Jafurah development, which further solidifies its long-standing partnership with Aramco.

As of the wiring of this piece, the share price of National Energy Services Reunited Corp. (NASDAQ:NESR) has surged by almost 40% since the beginning of 2026.

While we acknowledge the risk and potential of NESR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NESR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 13 Oil Stocks with Highest Dividends.

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