Nabors Industries Ltd. (NBR)

Market Cap	677.37M
Revenue (ttm)	3.05B
Net Income (ttm)	-11.78M
Shares Out	9.54M
EPS (ttm)	-5.49
PE Ratio	n/a
Forward PE	20.28
Dividend	n/a
Ex-Dividend Date	n/a

Volume	232,753
Open	72.00
Previous Close	72.03
Day's Range	70.48 - 72.62
52-Week Range	70.48 - 141.47
Beta	2.35
Analysts	Buy
Price Target	129.60 (+82.56%)
Earnings Date	Apr 24, 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

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.

Analyst Forecast

According to 6 analysts, the average rating for NBR stock is "Buy." The 12-month stock price forecast is $129.6, which is an increase of 82.56% from the latest price.

Price Target

$129.6

(82.56% upside)

Analyst Consensus: Buy