National Energy Services Reunited Corp

NESR is firmly in a Stage 2 uptrend with higher highs and higher lows intact. The recent pullback has found support at the 20-day EMA and within the rising trend channel, presenting a structurally favorable entry. Momentum and RSI are neutral, and although classical overbought context persists, the pullback into rising EMAs offers a disciplined entry point aligned with the medium- and long-term bullish bias.

• ↑Q2 revenue $520.8M (+59.1% YoY) driven by Jafura contract
• ↑Adjusted EBITDA margin 20.4% holds despite ~$4M logistics hit
• ↓P/E at 38.1x well above five-year median flags overvaluation