Nabors Industries Ltd. (NBR)

NYSE: NBR · IEX Real-Time Price · USD
138.76
-4.32 (-3.02%)
Dec 7, 2022 4:00 PM EST - Market closed
-3.02%
Market Cap 1.35B
Revenue (ttm) 2.44B
Net Income (ttm) -394.87M
Shares Out 9.10M
EPS (ttm) -79.21
PE Ratio n/a
Forward PE 15.36
Dividend n/a
Ex-Dividend Date n/a
Volume 124,369
Open 143.18
Previous Close 143.08
Day's Range 137.51 - 144.54
52-Week Range 77.11 - 207.67
Beta 2.86
Analysts Sell
Price Target 186.77 (+34.6%)
Earnings Date Oct 25, 2022

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... [Read more]

Industry Energy Equipment & Services
Founded 1952
Employees 10,000
Stock Exchange NYSE
Ticker Symbol NBR
Full Company Profile

Financial Performance

In 2021, NBR's revenue was $2.02 billion, a decrease of -5.45% compared to the previous year's $2.14 billion. Losses were -$569.27 million, -29.34% less than in 2020.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for NBR stock is "Sell." The 12-month stock price forecast is 186.77, which is an increase of 34.60% from the latest price.

Price Target
$186.77
(34.60% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Nabors Marks Major Industry Milestone: Fully Automates Existing Land Rig with First-of-its-Kind Robotics Module

Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety and consistency with uncompromised performance Nabors' RZR equipped r...

3 weeks ago - PRNewsWire

Nabors (NBR) Posts Wider Loss, Sales Beat Estimates in Q3

Nabors' (NBR) third-quarter 2022 loss from operations is broader than the Zacks Consensus Estimate, while quarterly revenues beat the consensus mark.

1 month ago - Zacks Investment Research

Why Nabors Industries Stock Is Soaring Today

The oilfield services company posted strong results.

1 month ago - The Motley Fool

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

Nabors (NBR) delivered earnings and revenue surprises of -49.33% and 2.91%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Nabors Announces Third Quarter 2022 Results

HAMILTON, Bermuda , Oct. 25, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of appr...

1 month ago - PRNewsWire

Does Nabors (NBR) Have the Potential to Rally 31% as Wall Street Analysts Expect?

The mean of analysts' price targets for Nabors (NBR) points to a 30.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

1 month ago - Zacks Investment Research

Nabors Industries (NBR) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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.

1 month ago - Zacks Investment Research

Buy These 3 Top Stocks Right Away for Earnings Acceleration

Invest in stocks like Coupang (CPNG), Nabors Industries (NBR) & Bank of N.T. Butterfield & Son (NTB) at the moment for solid earnings acceleration.

Other symbols: CPNGNTB
1 month ago - Zacks Investment Research

Are Oils-Energy Stocks Lagging Nabors Industries (NBR) This Year?

Here is how Nabors Industries (NBR) and Delek US Holdings (DK) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

Nabors (NBR) Is Attractively Priced Despite Fast-paced Momentum

Nabors (NBR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made i...

2 months ago - Zacks Investment Research

Nabors Industries Ltd. Third Quarter 2022 Earnings Conference Call Invitation

HAMILTON, Bermuda , Sept. 29, 2022 /PRNewswire/ -- Nabors Industries Ltd.

2 months ago - PRNewsWire

3 Must-Own Stocks From the Oil & Gas Drilling Industry

Constructive fundamentals in the Zacks Oil and Gas - Drilling industry has provided the operators with critical growth tailwinds over the medium to long term. This should benefit the likes of HP, PTEN a...

Other symbols: HPPTEN
2 months ago - Zacks Investment Research

Despite Fast-paced Momentum, Nabors (NBR) Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Nabors (NBR) could be a great choice. It is one of the several stocks that passed thro...

2 months ago - Zacks Investment Research

Why Is Nabors (NBR) Up 7% Since Last Earnings Report?

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

3 months ago - Zacks Investment Research

Wall Street Analysts Believe Nabors (NBR) Could Rally 27%: Here's is How to Trade

The mean of analysts' price targets for Nabors (NBR) points to a 27.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

3 months ago - Zacks Investment Research

Is Nabors Industries (NBR) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

Nabors (NBR) Loss Wider, Sales Outperform Estimates in Q2

Nabors Industries' (NBR) second-quarter 2022 loss from operations is broader than the Zacks Consensus Estimate, while quarterly revenues beat the consensus mark.

3 months ago - Zacks Investment Research

Is Nabors Industries (NBR) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

3 months ago - Zacks Investment Research

How Much Upside is Left in Nabors (NBR)? Wall Street Analysts Think 42%

The mean of analysts' price targets for Nabors (NBR) points to a 41.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in ...

4 months ago - Zacks Investment Research

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

Nabors (NBR) delivered earnings and revenue surprises of -8.71% and 1.90%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Nabors Announces Second Quarter 2022 Results

HAMILTON, Bermuda , Aug. 3, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2022 operating revenues of $631 million, an increase of appr...

4 months ago - PRNewsWire

10 Off-The-Radar Stocks Are Quietly Making Investors Big Money

If you're just looking at the big S&P 500 energy stocks to make you money this year, you're missing out on some off-the-radar gains. The post 10 Off-The-Radar Stocks Are Quietly Making Investors Big Mon...

4 months ago - Investors Business Daily

Has Nabors Industries (NBR) Outpaced Other Oils-Energy Stocks This Year?

Here is how Nabors Industries (NBR) and Enphase Energy (ENPH) have performed compared to their sector so far this year.

4 months ago - Zacks Investment Research

Oil Stocks: Will Oil Rig Leaders' Earnings Show Oil Production Increasing?

Oil stocks have led the market's upside throughout 2022 despite little progress in oil production. This week's reports could show more oil is coming.

Other symbols: BKRHPPTEN
4 months ago - Investors Business Daily

Nabors (NBR) Invests $7 Million in Battery Firm Natron Energy

The $7-million investment by Nabors (NBR) is likely to help Natron scale up production capacity for pioneering sodium-ion batteries.

4 months ago - Zacks Investment Research