National Energy Services Reunited Corp. (NESR) Q4 2019 Earnings Call Transcript

National Energy Services Reunited Corp. (NESR) Q4 2019 Earnings Call Transcript

National Energy Services Reunited Corp. ( NASDAQ:NESR ) Q4 2019 Earnings Call Feb 26, 2020 , 8:00 a.m. ET. Greetings, welcome to National Energy Services Reunited, Fourth Quarter 2019 Earnings Call.. With me today is Sherif Foda, Chairman and Chief Executive Officer of NESR.. I refer you to our latest earnings release filed earlier today and other SEC filings.. Please feel free to contact us after the call with any additional questions you may have.. I'm also going to spend a little bit of time talking about our recently announced unconventional operation in Saudi, and our latest announcement to acquire SAPESCO, which generally enhance our position in the region and will open a new market for the Company.. The quarter was a record quarter as we grew our revenue 17% year-over-year and 15% sequentially, despite geopolitical turbulence in North Africa and Iraq.. As you have seen recently, tension continue in Libya, whereby the situation has escalated in the last quarter and the production is down significantly.. We continue to monitor and adjust and we have not changed our view on what we want to do there, and the overall potential for us [Phonetic].. Overall, NESR grew at an average growth