# NESR Sets Revenue Goal Near $2 Billion as $747 Million Facilities Agreement Takes Effect By John Kim Canonical URL: https://www.tokenpost.com/news/business/53329 Published: 2026-11-10T21:14:46.000Z Updated: 2026-11-10T21:14:46.000Z Section: Business > Management set the 2026 goal on Nov. 9; the board declared a $0.10 quarterly dividend Nov. 6, payable Dec. 10 to shareholders of record Dec. 3. National Energy Services Reunited Corp. (NESR) set a 2026 revenue goal near $2 billion and put a $747.1 million facilities agreement into effect, outlining its revenue target and credit capacity. Management set the goal at approximately $2 billion, plus or minus, during the company’s Nov. 9 earnings call. Revenue for the first nine months of 2026 totaled $1.43 billion. The [third-quarter results]() showed revenue of $504.7 million, a 70.9% increase from a year earlier. NESR’s board declared a quarterly cash dividend of $0.10 per ordinary share on Nov. 6. The company disclosed the dividend with its results on Nov. 9. Shareholders of record Dec. 3 are due to receive payment Dec. 10. The [first quarterly dividend]() follows a capital-return plan approved in May that also authorized up to $50 million in share repurchases. The new facilities agreement took effect Oct. 29, ending NESR’s 2021 secured facilities agreement. It comprises $298.1 million in term loan facilities, a $5 million committed revolving credit facility and $444 million in uncommitted working-capital facilities. The combined amount represents aggregate facilities, rather than a stated amount of debt refinanced or borrowed. ## Links in this article - [third-quarter results](https://www.tokenpost.com/news/business/52844) - [first quarterly dividend](https://www.tokenpost.com/news/business/52975)