Nabors Industries Ltd. (NBR)

Market Cap	692.61M
Revenue (ttm)	2.93B
Net Income (ttm)	-169.02M
Shares Out	9.55M
EPS (ttm)	-18.41
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	237,110
Open	72.65
Previous Close	72.84
Day's Range	70.64 - 74.79
52-Week Range	59.67 - 105.96
Beta	2.10
Analysts	Hold
Price Target	97.00 (+33.72%)
Earnings Date	Oct 22, 2024

About NBR

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCK...

• Industry: Oil & Gas Drilling
• Sector: Energy
• Founded: 1952
• Employees: 12,000
• Stock Exchange: NYSE
• Ticker Symbol: NBR
• Website: https://www.nabors.com

Financial Performance

In 2023, Nabors Industries's revenue was $3.01 billion, an increase of 13.27% compared to the previous year's $2.65 billion. Losses were -$50.25 million, -86.07% less than in 2022.

Analyst Forecast

According to 7 analysts, the average rating for NBR stock is "Hold." The 12-month stock price forecast is $97.0, which is an increase of 33.72% from the latest price.

Price Target

$97.0

(33.72% upside)

Analyst Consensus: Hold