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How NESR's 3B3 Strategy Offers a Clear Path to Long-Term Expansion

National Energy Services Reunited Corp. (NESR) has unveiled its 3B3 corporate strategy targeting a $3 billion revenue run rate within three years through three pillars: expanding its contract funnel, growing geographical footprint in MENA, and leveraging NEDA and ROYA technologies. The company is positioned to benefit from Jafurah operations ramp-up in Saudi Arabia and new contracts in Kuwait, UAE, and North Africa, though geopolitical risks remain a concern.

Shell's Tri Star Deal Deepens Its U.S. Fuel Retail Strategy

Shell plc announced it will acquire the remaining 67% stake in Tri Star Energy, gaining full ownership of 320 fuel and convenience retail sites across the Southeastern United States. The deal, expected to close by end of 2026, aligns with Shell's strategy to focus capital on high-return businesses and will nearly double its company-owned retail footprint in the region to approximately 550 sites.

8-K filing — FORUM ENERGY TECHNOLOGIES, INC. (FET)

Filed: 2026-08-31 AccNo: 0001401257-26-000065 Size: 202 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits

Forum Energy Technologies Files Prospectus For Offering Mixed Shelf; Terms Undisclosed

https://www.sec.gov/Archives/edgar/data/1401257/000140125726000061/forms-3asraug2026.htm

Top 3 Energy Stocks That May Fall Off A Cliff In August

AREC, FET and NRP are overbought according to RSI, with strong short term momentum. AREC up 53%, FET up 51%, NRP generated $42m free cash flow

Crude Oil Gains 1%; Apple Shares Tumble After Q3 Results

Dow up 0.38%, NASDAQ up 0.25%, S&P 500 up 0.22%. Consumer discretionary shares up 5.6%, materials stocks down 2.7%. Apple beats estimates, shares down 9%.

AXT Posts Upbeat Q2 Earnings, Joins Newell Brands, SPX Technologies, Amazon And Other Big Stocks Moving Higher On Friday

U.S. stocks mixed, Nasdaq up 50 pts. AXT Inc (NASDAQ: AXTI) rose 25.3% on strong Q2 results. Other gainers include NWL, FET, IESC, SPXC, AMZN, SPSC, DLB, GH, DXCM, and MPWR.

Forum Energy Technologies shares are trading higher after the company reported better-than-expected Q2 financial results and raised its FY26 sales guidance above estimates. Also, the company issued Q3 sales guidance above estimates.