Will Shares Rise on Contract Awards?

Will Shares Rise on Contract Awards?

Will Shares Rise on Contract Awards? By: Dylan Sikes – AllPennyStocks.com News

Monday, August 7, 2023

Founded in 2017, this company is one of the largest national oilfield services providers in the Middle East/ North African and Asia Pacific regions, helping customers unlock the full potential of their reservoirs by providing a full array of series — and just announced the awarding of multiple contracts.

International, industry-leading provider of integrated energy services in the Middle East and North Africa region, National Energy Services Reunited Corp. (OTC PINK:NESR) announced in a press release today the awarding of multiple contracts spanning a number of service lines in key countries across both the Middle East and North Africa. 

Totaling more than US $175 million, these contracts represent both new awards and extensions across service lines.

Shares closed Friday trade up approximately four percent, at $3.75.

 


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