Today: 17 March 2026
Browse Category

NASDAQ:NESR 24 February 2026

NESR stock rises premarket as National Energy Services Reunited pushes into fresh 52-week highs

NESR stock rises premarket as National Energy Services Reunited pushes into fresh 52-week highs

NESR shares rose 2.5% to $26.70 in premarket trading Tuesday after a 6.8% jump the prior session, nearing the top of their 52-week range. The company reported Q4 revenue of $398.3 million and adjusted EPS of $0.32, beating estimates, but net income fell to $7.8 million due to impairment and restructuring charges. Management is scheduled to meet investors at conferences in Houston and Las Vegas.

Stock Market Today

  • Canadian Tire Unveils 9.6% Share Buyback to Offset Dilution, Impact on Investment Thesis
    March 16, 2026, 10:03 PM EDT. Canadian Tire Corporation, Limited (TSX:CTC.A) announced a normal course issuer bid on March 9, 2026, aiming to repurchase up to 4.7 million Class A non-voting shares, equal to 9.59% of the outstanding shares. This buyback runs until March 10, 2027, counteracting dilution from dividend reinvestment and stock option plans. Management focuses on capital discipline rather than expanding the balance sheet. The move fine-tunes share count but does not alter the existing investment narrative, which hinges on sustained investment in retail, digital, and owned brands amidst margin pressures. Despite pressures from wage and utility inflation, Canadian Tire confirmed its quarterly dividend at C$1.80 per share. Market forecasts project revenue of CA$16.9 billion and earnings of CA$732.2 million by 2028, with fair value estimates widely ranging among analysts.
Go toTop