Derek Potheiser's questions to National Energy Services Reunited Corp (NESR) leadership • Q2 2025
Question
Derek Potheiser sought clarification on the drivers and timeline for the company's $2 billion revenue target and asked for an update on full-year margin guidance.
Answer
CEO Sherif Fota detailed that the $2 billion revenue goal is based on securing large, long-term contracts in their anchor countries, with a potential run-rate achievement in as fast as 18 months depending on tender awards. CFO Stefan Angeli reaffirmed the full-year adjusted EBITDA margin guidance of approximately 22%, expecting Q3 margins to be flat with Q2's 21.6% and Q4 margins to be higher at 23-24% on increased revenue.