NESR targets USD 3 billion revenue under “3B3” MENA growth strategy investor deck
NESR•Shareholder returns program
- The shareholder returns program includes a USD 50 million buyback authorization and a quarterly dividend of USD 0.40 per share starting in 4Q26.
NESR outlines 3B3 growth plan
NESR outlined its “3B3” growth plan at the Barclays CEO Energy-Power Conference.
- Revenue rose from USD 311 million in 2018 to USD 1.32 billion in 2025.
- 1H26 revenue totaled USD 925 million, implying USD 1.85 billion on an annualized basis.
- The strategy targets USD 3 billion revenue within three years, driven by ROYA directional drilling commercialization, NEDA scaling, and core growth.
