Nabors Industries Ltd. (NBR)

NYSE: NBR · IEX Real-Time Price · USD
69.85
-0.21 (-0.30%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.30%
Market Cap 666.38M
Revenue (ttm) 3.00B
Net Income (ttm) -95.34M
Shares Out 9.54M
EPS (ttm) -13.81
PE Ratio n/a
Forward PE 20.28
Dividend n/a
Ex-Dividend Date n/a
Volume 137,453
Open 71.13
Previous Close 70.06
Day's Range 69.06 - 71.75
52-Week Range 59.90 - 141.47
Beta 2.27
Analysts Hold
Price Target 119.67 (+71.32%)
Earnings Date Jul 23, 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... [Read more]

Sector Energy
Founded 1952
Employees 12,000
Stock Exchange NYSE
Ticker Symbol NBR
Full Company Profile

Financial Performance

In 2023, NBR's revenue was $3.05 billion, an increase of 14.28% compared to the previous year's $2.67 billion. Losses were -$11.78 million, -96.64% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for NBR stock is "Hold." The 12-month stock price forecast is $119.67, which is an increase of 71.32% from the latest price.

Price Target
$119.67
(71.32% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Nabors Industries Ltd. 2nd Quarter 2024 Earnings Conference Call Invitation

HAMILTON, Bermuda , June 26, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

6 days ago - PRNewsWire

Nabors Announces Second Quarter 2024 Update

HAMILTON, Bermuda , June 20, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced that on June 18, 2024, William Restrepo, the Chief Financial Officer of...

12 days ago - PRNewsWire

Top 3 Energy Stocks Which Could Rescue Your Portfolio In June

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: DKXOM
14 days ago - Benzinga

Nabors Announces Amendment and Restatement of $475 Million Credit Facility

HAMILTON, Bermuda , June 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) closed, on June 17, 2024, an amendment and restatement of its secured credit facility.

15 days ago - PRNewsWire

Vista and Nabors to Deploy Third Drilling Rig to Vaca Muerta, Argentina

HAMILTON, Bermuda and MEXICO CITY , May 6, 2024 /PRNewswire/ -- Vista Energy (NYSE: VIST) and Nabors Industries (NYSE: NBR) announced today the official signing of the contract to add a third drilling...

Other symbols: VIST
2 months ago - PRNewsWire

Nabors Announces First Quarter 2024 Results

HAMILTON, Bermuda , April 24, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2024 operating revenues of $734 million, compared to oper...

2 months ago - PRNewsWire

Nabors Industries Ltd. 1st Quarter 2024 Earnings Conference Call Invitation

HAMILTON, Bermuda , April 3, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

3 months ago - PRNewsWire

Nabors Announces Fourth Quarter 2023 Results

HAMILTON, Bermuda , Feb. 6, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2023 operating revenues of $726 million, compared to opera...

5 months ago - PRNewsWire

SLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation Solutions

HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) and Nabors Industries (NYSE: NBR, “Nabors”) today announced a collaboration to scale the adoption of automated drilling solutions for oil and...

Other symbols: SLB
6 months ago - Business Wire

Nabors Industries Ltd. Fourth Quarter 2023 Earnings Conference Call Invitation

HAMILTON, Bermuda , Jan. 3, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

6 months ago - PRNewsWire

Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date

Welcomes Vast to its Portfolio of Clean, Renewable, Scalable, Dispatchable Energy Technology Investments HAMILTON, Bermuda , Dec. 19, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR, "Nabors") ...

7 months ago - PRNewsWire

Vast and Nabors Energy Transition Corp. Announce Closing of Business Combination, Establishing Public Concentrated Solar Thermal Power Company

SYDNEY & HOUSTON--(BUSINESS WIRE)--Vast Renewables Limited (“Vast” or the “Company”), a renewable energy company specialising in concentrated solar thermal power (“CSP”) energy systems that generate z...

7 months ago - Business Wire

Nabors Prices $650 Million in Senior Priority Guaranteed Notes

HAMILTON, Bermuda , Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII") has priced $650 million in aggregate principal amou...

8 months ago - PRNewsWire

Nabors Announces Offering of $550 Million Senior Priority Guaranteed Notes

HAMILTON, Bermuda , Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commence...

8 months ago - PRNewsWire

Nabors Announces Third Quarter 2023 Results

HAMILTON, Bermuda , Oct. 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2023 operating revenues of $734 million, compared to opera...

8 months ago - PRNewsWire

Nabors Industries Ltd. Third Quarter 2023 Earnings Conference Call Invitation

HAMILTON, Bermuda , Oct. 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

9 months ago - PRNewsWire

Nabors Announces Second Quarter 2023 Results

HAMILTON, Bermuda , July 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to oper...

1 year ago - PRNewsWire

Nabors Industries Ltd. Second Quarter 2023 Earnings Conference Call Invitation

HAMILTON, Bermuda , July 11, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

1 year ago - PRNewsWire

Nabors Announces Filing of SPAC Registration Statement

HAMILTON, Bermuda , June 22, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced to...

1 year ago - PRNewsWire

Nabors Industries files second blank check IPO deal

Nabors Energy Transition Corp. II, a blank-check company sponsored by oil services company Nabors Industries Ltd. NBR, +3.07%, filed to raise up to $300 million in an initial public offering on the Na...

1 year ago - Market Watch

Halliburton and Nabors Industries Collaborate on Leading Well Construction Automation

HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) and Nabors Industries (NYSE: NBR, “Nabors”) today announced an agreement on leading well construction automation solutions. Under the agreemen...

Other symbols: HAL
1 year ago - Business Wire

GA Drilling Successfully Tests Breakthrough Technology for Deep Geothermal Drilling

HOUSTON--(BUSINESS WIRE)--GA Drilling, a.s. ("GA Drilling") conducted the first public demonstration of its new deep drilling tool, ANCHORBIT®. GA Drilling developed the tool to materially cut the cos...

1 year ago - Business Wire

Nabors Announces First Quarter 2023 Results

HAMILTON, Bermuda , April 24, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2023 operating revenues of $779 million, an increase of 2...

1 year ago - PRNewsWire

Nabors Industries Forms Strategic Alliance with Corva to Accelerate Digital Transformation of the Global Drilling Industry

Nabors connects Corva to its universal rig controls and automation platform, SmartROS™ Apps built and developed in Corva can monitor and control any rig equipped with SmartROS™ Enables exploration and...

1 year ago - PRNewsWire

Nabors Industries Ltd. First Quarter 2023 Earnings Conference Call Invitation

HAMILTON, Bermuda , April 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

1 year ago - PRNewsWire