NESR

National Energy Services Reunited Corp. (NESR) has signed a $200 million contract with Saudi Aramco for a lithium demonstration project targeting 2,000 tons per annum of battery-grade lithium carbonate production by late 2027. The project leverages NESR's LiThara platform, which integrates brine treatment, direct lithium extraction, and carbonation technologies, marking the company's expansion into energy transition services beyond traditional oilfield services.

National Energy Services Reunited (NESR), a major oilfield services provider in the Middle East and North Africa, is highlighted as a value stock worth watching. The company holds a Zacks Rank #3 (Hold) with a VGM Score of A and Value Style Score of B, supported by an attractive forward P/E ratio of 14.04. Two analysts revised earnings estimates upward in the last 60 days, with the consensus estimate at $1.76 per share and an average earnings surprise of +19.8%.

National Energy Services Reunited Corp. (NESR) achieved record Q2 2026 revenues of $520.8 million (+59.1% YoY) driven by Jafurah project ramp-up, with adjusted EBITDA reaching $106.2 million. The company now targets $2 billion in 2026 revenues and is diversifying growth through new awards in Kuwait, UAE, and North Africa. However, expansion requires $210-215 million in capex and faces challenges from working capital timing and regional logistics costs.

Zacks highlights three stocks with Rank #1 (Strong Buy) ratings and strong growth prospects as of September 30th: Valero Energy (VLO), a petroleum and petrochemical manufacturer with 25.5% earnings estimate increase; National Energy Services Reunited (NESR), an oilfield services provider with 6.8% earnings growth; and Motorsport Games (MSGM), a racing game developer with 30.4% earnings estimate increase.

As bond yields rise and the Fed signals potential further rate hikes, a value-focused investment approach is recommended. Five stocks with earnings yields above 10%, buy ratings, and positive EPS growth projections are highlighted: Honda Motor, National Energy Services Reunited, Ternium S.A., Avnet Inc., and Star Bulk Carriers.