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Nabors Industries Ltd. (NBR)

NYSE: NBR · IEX Real-Time Price · USD
79.03 0.69 (0.88%)
Dec 3, 2021 4:00 PM EST - Market closed
Market Cap651.29M
Revenue (ttm)1.92B
Net Income (ttm)-571.14M
Shares Out8.24M
EPS (ttm)-78.90
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume105,181
Open79.00
Previous Close78.34
Day's Range77.25 - 80.22
52-Week Range54.83 - 133.61
Beta3.46
AnalystsSell
Price Target109.78 (+38.9%)
Earnings DateOct 26, 2021

About NBR

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers RE...

IndustryEnergy Equipment & Services
Founded1952
Employees10,000
Stock ExchangeNYSE
Ticker SymbolNBR
Full Company Profile

Financial Performance

In 2020, NBR's revenue was $2.14 billion, a decrease of -30.07% compared to the previous year's $3.05 billion. Losses were -$805.64 million, 14.6% more than in 2019.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for NBR stock is "Sell." The 12-month stock price forecast is 109.78, which is an increase of 38.91% from the latest price.

Price Target
$109.78
(38.91% upside)
Analyst Consensus: Sell

News

Nabors (NBR) Down 21.5% Since Last Earnings Report: Can It Rebound?

Nabors (NBR) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Nabors Prices $700 million in Senior Priority Guaranteed Notes Offering

HAMILTON, Bermuda, Nov. 18, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII") has priced $700 million in aggregate principal amount ...

2 weeks ago - PRNewsWire

Nabors Announces Offering of $700 million Senior Priority Guaranteed Notes

HAMILTON, Bermuda, Nov. 18, 2021 /PRNewswire/-- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commenced an...

2 weeks ago - PRNewsWire

Nabors (NBR) Stock Down 16.8% Since Q3 Earnings Release

Nabors' (NBR) total costs and expenses in Q3 rise to $637.3 million from $588 million in the year-ago quarter due to higher general & administrative costs as well as higher direct expenses.

1 month ago - Zacks Investment Research

Nabors Industries (NBR)'s Technical Outlook is Bright After Key Golden Cross

Should investors be excited or worried when a stock's 50 -day simple moving average crosses above the 200-day simple moving average?

1 month ago - Zacks Investment Research

Chesapeake Energy Corporation Selects Nabors Industries as Preferred Drilling Contractor

OKLAHOMA CITY and HAMILTON, Bermuda, Oct. 28, 2021 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) and Nabors Industries Ltd. (NYSE: NBR) today announced they will enter into a contractual ag...

Other symbols:CHK
1 month ago - PRNewsWire

Nabors Industries (NBR) Reports Q3 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -9.77% and 4.12%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Nabors Announces Third Quarter 2021 Results

HAMILTON, Bermuda, Oct. 26, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2021 operating revenues of $524 million, compared to operatin...

1 month ago - PRNewsWire

Is a Surprise Coming for Nabors (NBR) This Earnings Season?

Nabors (NBR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

1 month ago - Zacks Investment Research

Nabors Industries (NBR) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

Nabors (NBR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Why Fast-paced Mover Nabors (NBR) Is a Great Choice for Value Investors

Nabors (NBR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at...

1 month ago - Zacks Investment Research

Nabors Announces World's First Fully Automated Land Rig Has Successfully Drilled Its First Well

HAMILTON, Bermuda, Oct. 7, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR), a leading provider of advanced technology for the global energy industry, today announced its PACE®-R801 – the world's...

1 month ago - PRNewsWire

Nabors Industries Ltd. Third Quarter 2021 Earnings Conference Call Invitation

HAMILTON, Bermuda, Sept. 30, 2021 /PRNewswire/ -- Nabors Industries Ltd.

2 months ago - PRNewsWire

Nabors Reiterates Third Quarter 2021 Outlook and Announces Repayment of 4.625% Senior Notes

HAMILTON, Bermuda, Sept. 16, 2021 /PRNewswire/ -- Nabors Industries Ltd.

2 months ago - PRNewsWire

Why Investors Should Focus on These 4 Oil & Gas Drilling Stocks

Sound cost control and stronger operating efficiencies should enable the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Na...

Other symbols:CVXHPOVVPTENRIGXOM
2 months ago - Zacks Investment Research

Best Energy ETFs & Stocks of Last Week

We have highlighted five energy ETFs & stocks that led the way higher last week.

3 months ago - Zacks Investment Research

Why Is Nabors (NBR) Down 14.8% Since Last Earnings Report?

Nabors (NBR) reported earnings 30 days ago. What's next for the stock?

3 months ago - Zacks Investment Research

Nabors (NBR) Q2 Loss Wider Than Expected, Sales Beat Mark

Nabors' (NBR) total costs and expenses in Q2 decline to $655 million from $669.5 million in the year-ago quarter owing to controlled depreciation costs and interest expenses.

4 months ago - Zacks Investment Research

Nabors Industries (NBR) Reports Q2 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -8.43% and 5.20%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Nabors Announces Second Quarter 2021 Results

HAMILTON, Bermuda, July 27, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2021 operating revenues of $489 million, compared to operati...

4 months ago - PRNewsWire

Analysts Estimate Nabors Industries (NBR) to Report a Decline in Earnings: What to Look Out for

Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

4 months ago - Zacks Investment Research

Nabors Industries Ltd. Second Quarter 2021 Earnings Conference Call Invitation

HAMILTON, Bermuda, July 7, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

4 months ago - PRNewsWire

Nabors Industries' (NBR) SPAC Puts Shares for Public Sale

Nabors Industries' (NBR) newly-formed subsidiary intends to raise $250 million in the proposed offering through the sale of units.

5 months ago - Zacks Investment Research

Nabors Announces Filing of SPAC Registration Statement

HAMILTON, Bermuda, June 8, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced today ...

5 months ago - PRNewsWire

Nabors (NBR) Soars 15.1%: Is Further Upside Left in the Stock?

Nabors (NBR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the ne...

6 months ago - Zacks Investment Research