NESR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-11

• The following discussion and analysis should be read in conjunction with the consolidated financial statements and related notes included in this Quarterly Report on Form 10-Q (“Quarterly Report”). In addition, such analysis should be read in conjunction with the audited consolidated financial state…

• National Energy Services Reunited Corp. (the “Company,” “NESR,” “we,” “our,” “us” or similar terms) is one of the largest oilfield services providers in the Middle East and North Africa (“MENA”) region. The Company’s business consists primarily of upstream and midstream oilfield services with oil an…

• Drivers of Our Financial Condition and Results of Operations

• As of the end of the three-month period covered by this Quarterly Report, the ongoing conflict between the United States, Israel and Iran has contributed to heightened volatility in global crude oil markets and increased upstream activity across the MENA region, as reflected in the increase in Brent…

• As of the end of the three-month period covered by this Quarterly Report, there have been no material changes regarding our key performance indicators except as provided in the following table which shows rig count (Source: Baker Hughes Published Rig Count Data) and oil prices (Source: U.S. Energy I…

Text removed vs the prior filing · source: 10-Q · 2018-05-14

• References in this report (the “Quarterly Report”) to “we,” “us” or the “Company” refer to National Energy Services Reunited Corp. References to our “management” or our “management team” refer to our officers and directors, and references to the “sponsor” refer to NESR Holdings, Ltd. The following d…

• This Quarterly Report includes “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and proj…

• We are a blank check company incorporated on January 23, 2017 in the British Virgin Islands and formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target business…

• The issuance of additional ordinary shares or preferred stock:

• ● may significantly reduce the equity interest of our shareholders;

Text added vs the prior filing · source: 10-Q · 2026-05-11

• Our management, with the participation of our Chief Executive Officer and Chief Financial Officer, has evaluated the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the three-mon…

• No changes in our internal control over financial reporting occurred during the three-month period covered by this Quarterly Report that materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Text removed vs the prior filing · source: 10-Q · 2018-05-14

• Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and…

• As required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2018. Based upon their evaluation, our Chief Exe…

• During the most recently completed fiscal quarter, there has been no change in our internal control over financial reporting that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Text added vs the prior filing · source: 10-Q · 2026-05-11

• There are several factors that affect our business and operations, many of which are beyond our control. In addition to information set forth in this Quarterly Report, careful consideration should be given to the risk factors discussed under the caption “Risk Factors” in Part I, Item IA of our 2025 …