Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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- Peter Lynch
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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(Amendment No. 3)*
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NATIONAL ENERGY SERVICES REUNITED CORP. (Name of Issuer) |
Ordinary shares, no par value per share (Title of Class of Securities) |
G6375R107 (CUSIP Number) |
04/01/2025 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
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 Rule 13d-1(c)
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| Rule 13d-1(d)
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SCHEDULE 13G
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| CUSIP No. | G6375R107 |
| 1 | Names of Reporting Persons
Encompass Capital Advisors LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
9,123,247.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
9.5 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13G
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| CUSIP No. | G6375R107 |
| 1 | Names of Reporting Persons
Encompass Capital Partners LLC | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
DELAWARE
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
7,143,157.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
7.44 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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| CUSIP No. | G6375R107 |
| 1 | Names of Reporting Persons
Todd J. Kantor | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
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| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
9,123,247.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
9.5 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
HC, IN |
SCHEDULE 13G
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| CUSIP No. | G6375R107 |
| 1 | Names of Reporting Persons
Encompass Capital Master Fund L.P. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
CAYMAN ISLANDS
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
4,892,571.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
5.09 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
PN |
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
NATIONAL ENERGY SERVICES REUNITED CORP. | |
| (b) | Address of issuer's principal executive offices:
777 Post Oak Blvd., Suite 730, Houston, Texas 77056 | |
| Item 2. | ||
| (a) | Name of person filing:
Encompass Capital Advisors LLCEncompass Capital Partners LLCTodd J. KantorEncompass Capital Master Fund L.P. | |
| (b) | Address or principal business office or, if none, residence:
Encompass Capital Advisors LLC: 200 Park Avenue, Suite 1604, New York, NY 10166Encompass Capital Partners LLC: 200 Park Avenue, Suite 1604, New York, NY 10166Todd J. Kantor is c/o Encompass Capital Advisors LLC: 200 Park Avenue, Suite 1604, New York, NY 10166Encompass Capital Master Fund L.P.: C/o Ogier Global (Cayman) Limited, 89 Nexus Way, Camana Bay, Grand Cayman, E9 KY1-9009 | |
| (c) | Citizenship:
Encompass Capital Advisors LLC is a Delaware Limited Liability CompanyEncompass Capital Partners LLC is a Delaware Limited Liability CompanyTodd J. Kantor is a US citizenEncompass Capital Master Fund L.P. is a Cayman Islands exempted Limited Partnership | |
| (d) | Title of class of securities:
Ordinary shares, no par value per share | |
| (e) | CUSIP No.:
G6375R107 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
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| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
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| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
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| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
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| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
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| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
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| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
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| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
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| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
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| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
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| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
Encompass Capital Advisors LLC9,123,247Encompass Capital Partners LLC7,143,157Todd J. Kantor9,123,247Encompass Capital Master Fund L.P.4,892,571 | |
| (b) | Percent of class:
Encompass Capital Advisors LLC9.50%Encompass Capital Partners LLC7.44%Todd J. Kantor9.50%Encompass Capital Master Fund L.P.5.09% %
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| (c) | Number of shares as to which the person has:
| |
| (i) Sole power to vote or to direct the vote:
Encompass Capital Advisors LLC0Encompass Capital Partners LLC0Todd J. Kantor0Encompass Capital Master Fund L.P.0 | ||
| (ii) Shared power to vote or to direct the vote:
Encompass Capital Advisors LLC9,123,247Encompass Capital Partners LLC7,143,157Todd J. Kantor9,123,247Encompass Capital Master Fund L.P.4,892,571 | ||
| (iii) Sole power to dispose or to direct the disposition of:
Encompass Capital Advisors LLC0Encompass Capital Partners LLC0Todd J. Kantor0Encompass Capital Master Fund L.P.0 | ||
| (iv) Shared power to dispose or to direct the disposition of:
Encompass Capital Advisors LLC9,123,247Encompass Capital Partners LLC7,143,157Todd J. Kantor9,123,247Encompass Capital Master Fund L.P.4,892,571 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Exhibit Information
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JOINT FILING AGREEMENTThe undersigned hereby agree that the statement on SCHEDULE 13G/A with respect to the shares of Ordinary Shares of NATIONAL ENERGY SERVICES REUNITED CORP., dated as of April 8, 2025 is, and any amendments thereto signed by each of the undersigned shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.Date: April 8, 2025Encompass Capital Advisors LLCBy: Todd J. KantorName: Todd J. KantorTitle: Managing MemberEncompass Capital Partners LLCBy: Todd J. KantorName: Todd J. KantorTitle: Managing MemberTodd J. KantorBy: Todd J. KantorName: Todd J. KantorEncompass Capital Master Fund L.P.By: Todd J. KantorName: Todd J. KantorTitle: Director |