Every material Form 8-K National Energy Services Reunited Corp. has filed with the SEC since August 10, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
National Energy Services Reunited (NESR) reported third-quarter 2026 results with revenue of $504.7 million, up 70.9% from a year earlier, and net income of $34.3 million, up 93.5%. Both figures were lower than the June 2026 quarter, which the company attributed to changing activity levels in its hydraulic fracturing, well testing and wireline logging services. The board also declared a quarterly cash dividend of $0.10 per share.
Revenue was $504.7 million, up 70.9% year-over-year but down 3.1% from $520.8 million in the June 30, 2026 quarter.
Diluted EPS was $0.33, compared with $0.18 a year earlier and $0.43 in the June quarter.
Adjusted EBITDA was $95.9 million, up 49.9% year-over-year.
The board declared a $0.10 per share cash dividend payable December 10, 2026, to holders of record on December 3, 2026.
On October 29, 2026, NESR and certain subsidiaries satisfied the conditions to a new 2026 Secured Facilities Agreement with a syndicate of lenders, which refinances existing secured credit facilities and funds operations and working capital. Total facilities at inception were approximately $747.1 million, and the company terminated its 2021 Secured Facilities Agreement in connection with the new deal. The agreement sets leverage and coverage covenants and restricts dividends and other shareholder distributions unless the covenants are met on a pro forma basis.
Total facilities of approximately $747.1 million: $298.1 million in term loans, a $5.0 million revolving credit facility and approximately $444.0 million in uncommitted working capital facilities
Term loans are repayable in scheduled installments over a 36-month term, with remaining principal due at maturity in October 2029
Financial covenants require a maximum Total Net Debt to EBITDA ratio of 2.00, a debt service coverage ratio above 1.25 and an interest coverage ratio of at least 4.00
The company terminated its 2021 Secured Facilities Agreement in connection with the new agreement
National Energy Services Reunited Corp. (NESR) reported second-quarter 2026 results on August 10, 2026, with revenue, net income and diluted EPS all up sharply from a year earlier and from the first quarter. Cash flow also improved, and net debt fell to $99.6 million from $185.3 million at December 31, 2025, which strengthens the balance sheet for shareholders. The filing gives no new guidance.
Revenue of $520.8 million, up 59.1% year-over-year and 28.7% sequentially
Net income of $44.0 million and diluted EPS of $0.43, versus $15.2 million and $0.16 a year earlier
Operating cash flow of $174.0 million and free cash flow of $99.9 million for the quarter
Net debt of $99.6 million at June 30, 2026, down from $185.3 million at December 31, 2025
National Energy Services Reunited Corp. (NESR) said its Audit Committee ended a competitive audit tender on August 4, 2026, and dismissed Grant Thornton as its independent auditor, effective after GT completes its audit of the 2026 financial statements. PricewaterhouseCoopers Limited Partnership Dubai Branch was appointed to audit the fiscal year ending December 31, 2027. The filing also discloses a material weakness reported in 2025 that the company says was remediated during 2025.
Audit Committee concluded the tender on August 4, 2026, citing the upcoming required rotation of the lead audit engagement partner.
Grant Thornton's dismissal takes effect after its audit of the year ending December 31, 2026; its reports for 2025 and 2024 contained no adverse opinion, disclaimer, or qualification.
PricewaterhouseCoopers Dubai Branch was appointed for the audit of the year ending December 31, 2027.
The company says a material weakness related to tone at the top, first disclosed in its 2024 Form 20-F filed March 28, 2025, was remediated during 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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