QM · rank #16 · 2026-10-23
NESR
NASDAQ · $2.13B (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +216.09% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +9.4% |
| Profit margin Net profit margin, trailing 12 months. | +5.8% |
| Market cap (USD) Size filter: > $500M required. | $2.13B |
| Anchor (recent) Close on 2026-09-23 | $32.81 |
| Anchor (far) Close on 2025-09-23 | $10.38 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
NESR is a MENA-focused integrated oilfield-services provider generating ~$2B+ annualized revenue from hydraulic fracturing, well testing, drilling, and production services concentrated in Saudi Arabia, Kuwait, Oman, and Egypt.
Rationale
The momentum_12_1 signal of 2.16 is reinforced by concrete fundamental drivers — 59% YoY revenue growth, a confirmed $2B+ revenue floor, $300M Kuwait contract awards, and four active Jafurah frac fleets — giving the price trend an identifiable earnings-growth anchor rather than pure sentiment.
Material risks
- 1Saudi Aramco or Kuwait's NOCs could internalize fracturing, well-testing, or lithium-extraction capabilities, directly shrinking NESR's outsourced addressable work and breaking the revenue-visibility thesis underpinning the quality screen.
- 2MENA customer concentration means a Saudi Aramco capex cut, geopolitical disruption, or loss of preferred-supplier status could simultaneously collapse both the momentum and quality signals with little geographic offset.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.