Barclays Maintains Overweight on National Energy Services, Lowers Price Target to $41
Barclays analyst David Anderson maintains National Energy Services (NASDAQ:NESR) with a Overweight and lowers the price target from $45 to $41.
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National Energy Services Reunited Unit NESR Environmental And Decarbonization Applications Partners With Aramco To Execute The 2027 Lithium Demonstration Project; Implies Up To Five-Year Contract Value Of ~$200M
This first-of-its-kind project aims to produce 2,000 tons per annum (tpa) of battery-grade lithium carbonate, with commissioning and start of production planned for late 2027.This agreement combines Aramco's deep
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NESR To Deliver Saudi Arabia's First Direct Lithium Extraction Project
NESR and Aramco signed a five-year contract valued at approximately $200 million to deliver the region’s first direct lithium extraction project.
Piper Sandler Maintains Overweight on National Energy Services, Lowers Price Target to $39