Sherif Foda Biography and Net Worth

CEO of National Energy Services Reunited

Sherif Foda has served as the Chairman and Chief Executive Officer of NESR since inception. He started the company in 2017 as a SPAC to create the first and largest energy services company from the MENA region publicly listed on the Nasdaq Stock Market. He has more than 25 years of professional experience in the energy industry working primarily in his earlier career for Schlumberger Limited (NYSE: SLB) around the world, particularly in the Middle East, Europe and the US. He served as Senior Advisor to the Chairman of SLB, an officer and President of the Production Group, the President of Europe and Africa, Vice President, and Managing Director of the Arabian market, President of Well Intervention worldwide, Vice President of Europe, Caspian and Africa, and Managing Director of Oman among other roles. He started his career in 1993 with SLB, working on the offshore fields in the Red Sea, then transferred to Germany and Eastern Europe before getting to multiple senior level positions.

Prior to working in the oil and natural gas industry, he worked in the information technology and computer industry for two years after graduating from Ain Shams University in Cairo with double majors in Electronics Engineering and Automatic Control. He attended various executive courses at Harvard Business School, Oxford and IMD Business School and is a usual speaker in multiple forums. Mr. Foda used to serve as a board member of Energy Recovery, Inc. (Nasdaq: ERII), a technology company based in California and on the Board of Trustees of Awty International School in Houston. He currently serves as the Chairman of the board of directors of WDVG Engineering based in Houston, GLC Energy Company in London and is a member of the Oxford Energy Policy Club in the UK. He is also a board member for Al Fanar Venture philanthropy in London.

What is Sherif Foda's net worth?: The estimated net worth of Sherif Foda is at least $107.04 million as of August 31st, 2026. Mr. Foda owns 3,084,643 shares of National Energy Services Reunited stock worth more than $107,037,112 as of September 10th. This net worth evaluation does not reflect any other assets that Mr. Foda may own. Learn More about Sherif Foda's net worth.
How do I contact Sherif Foda?: The corporate mailing address for Mr. Foda and other National Energy Services Reunited executives is 777 Post Oak Blvd. Suite 730, Houston TX, 77056. National Energy Services Reunited can also be reached via phone at (832) 925-3777 and via email at [email protected]. Learn More on Sherif Foda's contact information.
Has Sherif Foda been buying or selling shares of National Energy Services Reunited?: During the last quarter, Sherif Foda has sold $3,500,000.00 in National Energy Services Reunited stock. Most recently, Sherif Foda sold 100,000 shares of the business's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $35.00, for a transaction totalling $3,500,000.00. Following the completion of the sale, the chief executive officer now directly owns 3,084,643 shares of the company's stock, valued at $107,962,505. Learn More on Sherif Foda's trading history.
Who are National Energy Services Reunited's active insiders?: National Energy Services Reunited's insider roster includes Stefan Angeli (CFO), Sherif Foda (CEO), and Sherif Foda (Exec. Chairman & CEO ). Learn More on National Energy Services Reunited's active insiders.
Are insiders buying or selling shares of National Energy Services Reunited?: During the last twelve months, insiders at the sold shares 14 times. They sold a total of 5,242,768 shares worth more than $139,708,562.31. The most recent insider tranaction occured on August, 31st when CEO Sherif Foda sold 100,000 shares worth more than $3,500,000.00. Insiders at National Energy Services Reunited own 9.7% of the company. Learn More about insider trades at National Energy Services Reunited.
Information on this page was last updated on 8/31/2026.

Sherif Foda Insider Trading History at National Energy Services Reunited

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
8/31/2026	Sell	100,000	$35.00	$3,500,000.00	3,084,643

Sherif Foda Buying and Selling Activity at National Energy Services Reunited

National Energy Services Reunited Company Overview

National Energy Services Reunited Corp. provides oilfield services in the Middle East and North Africa region. The company's Production Services segment offers hydraulic fracturing services; coiled tubing services, including nitrogen lifting, fishing, milling, clean-out, scale removal, and other well applications; stimulation and pumping services; primary and remedial cementing services; nitrogen services; filtration services, as well as frac tanks and pumping units; and pipeline and industrial services, such as water filling and hydro testing, nitrogen purging, and de-gassing and pressure testing, as well as cutting/welding and cooling down piping/vessels systems. This segment also provides production assurance chemicals; integrated project management projects; artificial lift services; and surface and subsurface safety systems, high-pressure packer systems, flow controls, service tools, expandable liner technology, vacuum insulated tubing technology for steam applications, and engineering capabilities with manufacturing capacity and testing facilities, as well as sources and treats water for oil and gas, municipal, and industrial use. Its Drilling and Evaluation Services segment offers drilling and workover rigs; rigs and integrated services; fishing and remediation solutions; directional and turbines drilling; drilling fluid systems and related technologies; wireline logging; slickline services for removal of scale, wax and sand build-up, setting plugs, changing out gas lift valves, and fishing and other well applications; and well testing services to measure solids, gas, and oil and water produced from well, as well as rents drilling tools. This segment also provides oilfield solutions for thru-tubing intervention; tubular running services; and a range of wellhead products, flow control equipment, and frac equipment. National Energy Services Reunited Corp. was incorporated in 2017 and is headquartered in Houston, Texas.

Today's Range

Now: $33.88

$33.77

$34.84

50 Day Range

MA: $30.93

$24.41

$36.31

2 Week Range

Now: $33.88

$9.92

$36.94

Volume

92,332 shs

Average Volume

1,987,503 shs

Market Capitalization

$3.42 billion

P/E Ratio

36.84

Dividend Yield

N/A

Beta

0.39