- National Energy Services Reunited Corp. (NASDAQ:NESR) joins the Russell 2000® and Russell 3000® Indexes.
- Inclusion effective as of June 27, 2025, expands NESR's visibility among institutional investors.
- NESR operates in 16 countries, providing energy services with over 6,000 employees.
National Energy Services Reunited Corp. (NASDAQ:NESR) announced its inclusion in the Russell 2000® and Russell 3000® Indexes, effective June 27, 2025. These indexes are significant benchmarks for the largest 3,000 U.S. public companies by market capitalization, with the Russell 2000® focusing on the small-cap segment. This inclusion is part of the annual Russell Index reconstitution.
The Russell Indexes serve as a key benchmark for approximately $10.6 trillion in assets, providing NESR with additional exposure to index funds and ETFs that track these benchmarks. The inclusion is expected to enhance trading liquidity and attract greater interest from institutional investors.
NESR, founded in 2017, is a leading provider of integrated oilfield services in the Middle East and North Africa (MENA) and Asia Pacific regions, employing over 6,000 individuals across 16 countries. The company's services include production and drilling solutions, with a focus on hydraulic fracturing, cementing, and drilling tools.
The inclusion in these prestigious indexes not only highlights NESR’s market capitalization growth but also underscores its operational scale and capabilities across its service regions. This achievement is set to improve the company’s market credibility and potentially reduce its cost of capital, facilitating further growth initiatives in the capital-intensive energy services sector.
