The share price of National Energy Services Reunited Corp. (NASDAQ:NESR) surged by 17.14% between February 13 and February 20, 2026, putting it among the Energy Stocks that Gained the Most This Week. National Energy Services Reunited (NESR) Hits a New High Following Q4 2025 Results National Energy Services Reunited Corp. (NASDAQ:NESR) provides oilfield services in the Middle East and North Africa region. National Energy Services Reunited Corp. (NASDAQ:NESR) hit a new high after announcing its Q4 2025 re ...

分组1 - Weatherford reported quarterly earnings of $1.91 per share, exceeding the Zacks Consensus Estimate of $1.42 per share, and showing an increase from $1.5 per share a year ago, resulting in an earnings surprise of +34.27% [1] - The company achieved revenues of $1.29 billion for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 2.30%, although this represents a decline from year-ago revenues of $1.34 billion [2] - Weatherford shares have increased by approximately 18.1% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.9% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.91 on revenues of $1.14 billion, while for the current fiscal year, the estimate is $4.90 on revenues of $4.81 billion [7] - The Oil and Gas - Field Services industry, to which Weatherford belongs, is currently ranked in the top 31% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Core Viewpoint - Corporate earnings and geopolitical concerns have influenced investor sentiment, but dividend-paying stocks remain an attractive option for consistent income in a volatile market [1] Group 1: Viper Energy (VNOM) - Viper Energy, a subsidiary of Diamondback Energy, focuses on mineral and royalty interests in oil-weighted basins, primarily the Permian in West Texas, offering a dividend yield of 5.53% [3] - Analyst Leo Mariani from Roth Capital maintains a buy rating on VNOM with a price target of $48, citing its high organic growth rate, solid and growing dividend, and strong free cash flow even at lower oil prices [4] - Viper is expected to produce 66,552 barrels of oil per day in Q4 2025, slightly above estimates, with total production of 129,424 barrels of oil equivalent per day, also above consensus [4] - A cash distribution of $0.57 per share is anticipated for Q4 2025, reflecting a 2% decline, alongside an increase in share buybacks to $95 million [5] - Viper is considered more insulated from drilling cuts due to weak oil prices, as Diamondback operates 60% of its production, allowing for scaled-back activity outside VNOM's mineral acreage [6] Group 2: SLB (SLB) - SLB, an oilfield services provider, reported better-than-expected Q4 2025 results and announced a 3.5% increase in its quarterly cash dividend to $0.295 per share, resulting in a dividend yield of 2.41% [8] - Analyst Arun Jayaram from JPMorgan reiterated a buy rating on SLB, raising the price target to $54, noting that the company's 2026 guidance aligns with consensus expectations [9] - SLB is expected to benefit from growth in international markets, particularly in Latin America, the Middle East, and Asia, while facing a modest revenue decline in Europe and Africa [10] - The company anticipates generating approximately $4.2 billion in free cash flow in 2026 and returning nearly $4.3 billion to shareholders through dividends and buybacks [12] Group 3: EOG Resources (EOG) - EOG Resources offers a quarterly dividend of $1.02 per share, resulting in an annualized dividend yield of 3.68% [14] - Analyst Gabriele Sorbara from Siebert Williams Shank reaffirmed a buy rating on EOG with a price target of $150, expecting strong Q4 results in line with estimates [15] - EOG is projected to return at least 70% of free cash flow to shareholders annually, supported by strong free cash flow generation and a robust balance sheet [16] - The company plans opportunistic buybacks, with $4 billion available under an existing authorization, estimating $457.4 million in Q4 2025 share buybacks [17]

Group 1 - Liberty Energy Inc. (NYSE:LBRT) experienced a significant share price increase of 17.81% from January 22 to January 29, 2026, making it one of the top-performing energy stocks for that week [1] - The company reported better-than-expected Q4 2025 results, surpassing estimates in both earnings and revenue, with a total revenue of $4 billion for the full year and an adjusted EBITDA of $634 million [3] - Liberty Energy returned $77 million to shareholders through quarterly cash dividends and share repurchases during the year, and declared a cash dividend of $0.09 per share for holders of record as of March 4, 2026 [3] Group 2 - The company has a positive outlook on increasing power demand, announcing plans to deploy 3 GW of power by 2029, building on previous plans for over 1 GW capacity by the end of 2027 [4]

Core Viewpoint - RPC's shares have shown significant growth, driven by optimism in the oil and gas sector, with a notable increase in demand for oilfield services [2][3]. Group 1: Stock Performance - RPC shares ended the last trading session 5.5% higher at $6.7, with a 16.7% gain over the past four weeks [1]. - The stock experienced impressive trading volume, indicating strong investor interest [1]. Group 2: Market Conditions - Despite a moderation in oil prices, they remain at levels that are economically attractive for exploration and production companies, supporting sustained drilling and completion activity [2]. - The favorable activity backdrop is expected to lead to strong free cash flows for RPC throughout the year [2]. Group 3: Earnings Expectations - RPC is projected to report quarterly earnings of $0.07 per share, reflecting a year-over-year increase of 16.7%, with revenues expected to reach $425 million, up 26.7% from the previous year [3]. - The consensus EPS estimate for RPC has remained unchanged over the last 30 days, indicating stability in earnings expectations [4]. Group 4: Industry Context - RPC is part of the Zacks Oil and Gas - Field Services industry, which includes other companies like Subsea 7 SA, which has also seen positive stock performance [5]. - Subsea 7's EPS estimate has remained unchanged, with a significant year-over-year increase of 742.9%, highlighting strong performance within the industry [6].

Core Viewpoint - Halliburton's stock has been in a correction for over 18 months, but recent earnings results have outperformed expectations, setting the stage for potential growth and robust capital returns [3][6] Financial Performance - The company returned to growth in Q4 2025, driven by strengths in critical segments, despite muted growth expectations for 2026 [3][6] - Halliburton paid out 85% of its free cash flow for the year, allowing for balance sheet improvements, with reduced debt and liabilities [5] Shareholder Returns - The company is committed to shareholder returns, with dividends yielding over 2% and aggressive share buybacks reducing the share count by an average of 1.15% sequentially in Q4 and 3.8% year-over-year [4] - The Moderate Buy rating reflects a 72% Buy-side bias, indicating a significant shift in market dynamics and improving analyst sentiment [5][6] Market Sentiment - Analyst sentiment and institutional activity are firming, with rising price targets and a consensus that aligns with long-term highs, suggesting improving market confidence [6]

Core Viewpoint - National Energy Services Reunited (NESR) shares experienced an 8.2% increase, closing at $19.84, driven by strong trading volume and a 21.7% gain over the past four weeks [1][2]. Company Performance - NESR is witnessing stronger demand for its oilfield services due to rising global oil and gas demand, particularly benefiting from increased drilling activity and growth in unconventional resources [2]. - The company anticipates growth in Latin America, especially in Guyana and Brazil, as well as in MENA markets such as Algeria, Libya, the UAE, Oman, and Kuwait [2]. - NESR has a strong backlog and project pipeline, which is expected to support sustained demand, profitability, and revenue growth [2]. Earnings Expectations - NESR is projected to report quarterly earnings of $0.26 per share, reflecting a year-over-year decline of 13.3%, while revenues are expected to reach $374.05 million, an increase of 8.8% from the previous year [3]. - The consensus EPS estimate for NESR has remained unchanged over the last 30 days, indicating that stock price movements may not continue without trends in earnings estimate revisions [4]. Industry Context - NESR is part of the Zacks Oil and Gas - Mechanical and Equipment industry, which includes other companies like Natural Gas Services (NGS) [5]. - NGS has a consensus EPS estimate of $0.37, representing a year-over-year increase of 27.6%, and also holds a Zacks Rank of 3 (Hold) [6].

Core Viewpoint - SLB's stock performance has outpaced major indices, and upcoming earnings are anticipated to show a decline in EPS but an increase in revenue [1][2]. Group 1: Stock Performance - SLB's stock increased by 1.66% to $45.90, outperforming the S&P 500, which fell by 0.19% [1]. - Over the last month, SLB shares have risen by 16.07%, while the Business Services sector experienced a loss of 0.17% [1]. Group 2: Earnings Estimates - SLB is expected to report earnings on January 23, 2026, with projected EPS of $0.74, a decrease of 19.57% from the same quarter last year [2]. - Revenue is estimated to be $9.54 billion, reflecting a 2.72% increase compared to the previous year [2]. Group 3: Full Year Projections - For the full year, earnings are projected at $2.89 per share, indicating a decline of 15.25%, while revenue is expected to remain flat at $35.78 billion [3]. Group 4: Analyst Estimates and Rankings - Recent adjustments to analyst estimates for SLB indicate near-term business trends, with positive revisions suggesting optimism about profitability [3][4]. - SLB currently holds a Zacks Rank of 3 (Hold), with a 1.4% rise in the Zacks Consensus EPS estimate over the past month [5]. Group 5: Valuation Metrics - SLB's Forward P/E ratio is 15.21, which is lower than the industry average of 16.89, indicating a valuation discount [6]. - The Technology Services industry, part of the Business Services sector, ranks 157 out of over 250 industries, placing it in the bottom 36% [6].

Summary of Conference Call Notes on US Oil & Gas Services and Exploration & Production Industry Overview - The focus is on the Oilfield Services (OFS) sector, particularly in relation to Venezuela's oil production potential and its impact on stock prices of major OFS companies [1][2]. Key Points and Arguments 1. **Market Reaction to Venezuela News**: - The stock prices of major OFS companies such as SLB, HAL, and WFRD increased significantly (approximately 9%, 8%, and 10% respectively) due to expectations of increased foreign investment in Venezuela's oilfields [2]. - The market capitalization increase of 8-10% on a single day appears disproportionate when considering the EBITDA contribution needed to justify it, estimated at over $6 billion for the Big 4 OFS companies [1][2]. 2. **Revenue Opportunity Assessment**: - A return to around 75 active rigs in Venezuela could represent a market opportunity of approximately $3-3.5 billion for OFS services, which is less than the market capitalization increase suggests [1][3]. - Historical data indicates that when Venezuela produced 2.5-3 million barrels per day, it operated 70-80 rigs, suggesting a potential $10 billion drilling and completion (D&C) market if similar activity levels are achieved [3]. 3. **Valuation and Yield Analysis**: - The stock movement has closed the valuation gap between large-cap OFS and E&P companies, particularly at a WTI price of $60 [4][9]. - The 2027 Free Cash Flow (FCF) yield for OFS companies has improved, reflecting a rebound in the Middle East, although it did not significantly drop below E&P yields [4][9]. 4. **Historical Context and Future Outlook**: - The Big 4 OFS companies previously wrote off billions in receivables from Venezuela, and restarting collection efforts may influence current stock movements [4]. - The overall sentiment suggests that while some of the stock price increases may be temporary, a portion of the gains could be sustained as the market recognizes the valuation gap [4]. Additional Important Information - The report includes a detailed analysis of stock movements and their implications for revenue opportunities, with a total implied revenue opportunity exceeding $6 billion for the global OFS sector [8]. - The report also highlights the competitive landscape, indicating that OFS companies may face competition in certain product lines, which could affect their revenue from D&C services [3]. Conclusion - The conference call emphasizes the potential for growth in the OFS sector driven by developments in Venezuela, while also cautioning that the current stock price increases may not fully reflect the underlying revenue opportunities. The analysis suggests a complex interplay between market sentiment, historical performance, and future expectations in the oil and gas services industry [1][4][8].

Core Viewpoint - SLB is experiencing a decline in stock price despite a significant gain over the past month, with upcoming earnings expected to show a decrease in EPS but an increase in revenue [1][2]. Group 1: Stock Performance - SLB closed at $42.37, reflecting a -2.89% change from the previous day, underperforming the S&P 500's loss of 0.34% [1] - Over the past month, SLB shares have increased by 13.92%, while the Business Services sector and S&P 500 gained 2.46% and 1.19%, respectively [1]. Group 2: Earnings Expectations - SLB is set to release its earnings report on January 23, 2026, with an anticipated EPS of $0.74, indicating a 19.57% decline from the same quarter last year [2]. - The consensus estimate projects revenue of $9.54 billion, which represents a 2.74% increase compared to the equivalent quarter last year [2]. Group 3: Full Year Projections - For the full year, earnings are projected at $2.89 per share, reflecting a -15.25% change from the previous year, while revenue is expected to remain flat at $35.78 billion [3]. Group 4: Analyst Sentiment - Recent changes in analyst estimates for SLB suggest a positive outlook on the company's business operations and profit generation capabilities [3]. - The Zacks Rank system currently rates SLB at 4 (Sell), indicating a lack of upward momentum in EPS estimates over the past month [5]. Group 5: Valuation Metrics - SLB is trading at a Forward P/E ratio of 14.91, which is lower than the industry average of 17.07, suggesting that SLB may be undervalued [6]. - The Technology Services industry, part of the Business Services sector, holds a Zacks Industry Rank of 109, placing it in the top 45% of over 250 industries [6].