Research from Water Tower Research, Water Tower Research

Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

National Energy Services Reuni / Equity Bottom-Up

<div><ul><li>NESR won a multi-billion-dollar award of 100% of the committed volume in the integrated frac contract at the Jafurah unconventional gas field in Saudi Arabia.</li><li> The field is a key component of Saudi Arabia’s updated goal of increasing natural gas output by 80% (previous target 60%) from 2021 levels (~9.2 Bcf/d) by 2030. </li><li>Expected natural gas demand growth in Saudi Arabia is expected to be driven by internal market forces, including power generation, to position the country as a Middle East technology hub.</li></ul></div>

NESR won a multi-billion-dollar award of 100% of the committed volume in the integrated frac contract at the Jafurah unconventional gas field in Saudi Arabia. The field is a key component of Saudi Arabia’s updated goal of increasing natural gas output by 80% (previous target 60%) from 2021 levels (~9.2 Bcf/d) by 2030. Expected natural gas demand growth in Saudi Arabia is expected to be driven by internal market forces, including power generation, to position the country as a Middle East technology hub.

NESR: Jafurah Tender Win Puts Company on Path to $2 Billion Annual Revenue Run Rate in Late 2026