Nabors Industries Ltd. (NBR)

NYSE: NBR · Real-Time Price · USD
67.12
-1.51 (-2.20%)
Dec 12, 2024, 4:00 PM EST - Market closed
-2.20%
Market Cap 640.86M
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 263,808
Open 68.55
Previous Close 68.63
Day's Range 65.75 - 68.55
52-Week Range 59.67 - 105.96
Beta 2.02
Analysts Hold
Price Target 97.00 (+44.52%)
Earnings Date Feb 4, 2025

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, 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.

Financial Statements

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 44.52% from the latest price.

Price Target
$97.0
(44.52% upside)
Analyst Consensus: Hold
Stock Forecasts

News

e2Companies Announces Strategic Collaboration with Nabors Industries on Integrated Power Solutions for the Oilfield

BONITA SPRINGS, Fla.--(BUSINESS WIRE)--e2Companies (the “Company”), a leading provider of integrated solutions for on-site power generation, distribution and energy cost-optimization, today announced ...

2 days ago - Business Wire

Nabors Industries Ltd. (NBR) Q3 2024 Earnings Call Transcript

Nabors Industries Ltd. (NYSE:NBR) Q3 2024 Earnings Conference Call October 23, 2024 12:00 PM ET Company Participants William Conroy - Vice President, Corporate Development and IR Tony Petrello - Chai...

7 weeks ago - Seeking Alpha

Nabors Announces Third Quarter 2024 Results

HAMILTON, Bermuda , Oct. 22, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2024 operating revenues of $732 million, compared to opera...

7 weeks ago - PRNewsWire

Updated Nabors Industries Ltd. 3rd Quarter 2024 Earnings Conference Call Invitation

HAMILTON, Bermuda , Oct. 21, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.

7 weeks ago - PRNewsWire

Nabors Industries Announces Agreement to Acquire Parker Wellbore

HAMILTON, Bermuda , Oct. 15, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) and Parker Wellbore ("Parker") today announced a definitive agreement under which Nabors will acquire al...

2 months ago - PRNewsWire

Nabors Industries: The Fundamentals Are Better Than What The Stock Price Suggests

U.S. drilling activity is challenged, but Nabors maintains pricing power due to its superior rigs. Nabors also derives half of its revenue from international markets that have been much more robust. T...

2 months ago - Seeking Alpha

Nabors Industries Ltd. 3rd Quarter 2024 Earnings Conference Call Invitation

HAMILTON, Bermuda , Sept. 12, 2024 /PRNewswire/ -- Nabors Industries Ltd.

3 months ago - PRNewsWire

Nabors to Participate at Pareto Securities' 31st Annual Energy Conference

HAMILTON, Bermuda , Sept. 10, 2024 /PRNewswire/ -- Nabors Industries Ltd.

3 months ago - PRNewsWire

Nabors to Participate at Barclays Energy-Power Conference

HAMILTON, Bermuda , Sept. 3, 2024 /PRNewswire/ -- Nabors Industries Ltd.

3 months ago - PRNewsWire

Top 3 Energy Stocks That May Implode This Quarter

As of July 26, 2024, three stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: EGYOII
4 months ago - Benzinga

Nabors Industries Ltd. (NBR) Q2 2024 Earnings Call Transcript

Nabors Industries Ltd. (NYSE:NBR) Q2 2024 Earnings Conference Call July 24, 2024 11:00 AM ET Company Participants William Conroy - Vice President- Corporate Development & Investor Relations Tony Petr...

5 months ago - Seeking Alpha

Nabors Announces Second Quarter 2024 Results

HAMILTON, Bermuda , July 23, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2024 operating revenues of $735 million, compared to oper...

5 months ago - PRNewsWire

Nabors Prices $550 Million Senior Guaranteed Notes Offering

HAMILTON, Bermuda , July 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has priced $...

5 months ago - PRNewsWire

Nabors Announces Offering of Senior Guaranteed Notes

HAMILTON, Bermuda , July 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commence...

5 months ago - PRNewsWire

Nabors Announces Preliminary Operating Results for the Quarter Ended June 30, 2024

HAMILTON, Bermuda , July 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors" or "the Company") announced today certain preliminary operating results for the second quarter ended June...

5 months ago - PRNewsWire

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 months 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...

6 months 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
6 months 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.

6 months 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
7 months ago - PRNewsWire

Nabors Industries Ltd. (NBR) Q1 2024 Earnings Call Transcript

Nabors Industries Ltd. (NYSE:NBR) Q1 2024 Earnings Conference Call April 25, 2024 1:00 PM ET Company Participants William Conroy - Vice President- Corporate Development & Investor Relations Tony Petr...

8 months ago - Seeking Alpha

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...

8 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.

9 months ago - PRNewsWire

Nabors Industries Is A Buy Despite The Saudi Announcement

Nabors is as much an international as a U.S. company, and that implies better growth prospects in the near future. While already undervalued, NBR sold off on the news that Saudi Arabia is canceling it...

10 months ago - Seeking Alpha

Nabors Industries Ltd. (NBR) Q4 2023 Earnings Call Transcript

Nabors Industries Ltd. (NBR) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha