Nabors Industries Ltd. (NBR)

NYSE: NBR · IEX Real-Time Price · USD
86.82
-1.46 (-1.65%)
Nov 30, 2023, 4:00 PM EST - Market closed
-1.65%
Market Cap 821.76M
Revenue (ttm) 3.08B
Net Income (ttm) -64.15M
Shares Out 9.47M
EPS (ttm) -10.26
PE Ratio n/a
Forward PE 82.02
Dividend n/a
Ex-Dividend Date n/a
Volume 311,143
Open 89.81
Previous Close 88.28
Day's Range 86.61 - 93.23
52-Week Range 83.05 - 190.90
Beta 2.77
Analysts Buy
Price Target 146.43 (+68.66%)
Earnings Date Oct 25, 2023

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 U.S. 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 ... [Read more]

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

Financial Performance

In 2022, NBR's revenue was $2.67 billion, an increase of 32.18% compared to the previous year's $2.02 billion. Losses were -$350.26 million, -38.86% less than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for NBR stock is "Buy." The 12-month stock price forecast is $146.43, which is an increase of 68.66% from the latest price.

Price Target
$146.43
(68.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

14 days 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...

15 days 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...

5 weeks 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.

7 weeks 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...

4 months 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.

5 months 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...

5 months 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...

5 months 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
5 months 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...

7 months 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...

Other symbols: NETC
7 months 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...

8 months 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.

8 months ago - PRNewsWire

15 oil and gas stocks expected to be backed by ample cash flow through 2024

The move this week by OPEC+ countries to cut oil production might only be the first of a group of cuts that will raise prices for consumers while rewarding investors.

8 months ago - Market Watch

Nabors Announces Redemption of 9% Senior Priority Guaranteed Notes Due 2025

HAMILTON, Bermuda , March 7, 2023 /PRNewswire/ -- Nabors Industries, Inc. ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR) today reported the com...

9 months ago - PRNewsWire

Nabors Industries Issues Statement on Planned Business Combination Between Nabors Energy Transition Corporation and Vast

"Energy Without Compromise" Vision to Guide Energy Transition Strategy HAMILTON, Bermuda , Feb. 14, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) issued the follo...

10 months ago - PRNewsWire

Nabors Announces Pricing of its Offering of $225,000,000 Exchangeable Senior Unsecured Notes

HAMILTON, Bermuda , Feb. 10, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has priced $225,000,0...

10 months ago - PRNewsWire

Nabors Announces Offering of its $200,000,000 Exchangeable Senior Unsecured Notes

HAMILTON, Bermuda , Feb. 9, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has commenced an offer...

10 months ago - PRNewsWire

Nabors Announces Fourth Quarter 2022 Results

HAMILTON, Bermuda , Feb. 7, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2022 operating revenues of $760 million, an increase of ap...

10 months ago - PRNewsWire

Nabors Industries Ltd. Fourth Quarter 2022 Earnings Conference Call Invitation

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

11 months ago - PRNewsWire

Nabors Wins S&P Global Energy Award, Capping a Year of Significant Energy Transition Achievements

HAMILTON, Bermuda , Dec. 21, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) was awarded the Energy Transition Award – Upstream at the 24th Annual Platts Global Ene...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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 ap...

1 year ago - PRNewsWire

Nabors Industries Ltd. Third Quarter 2022 Earnings Conference Call Invitation

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

1 year ago - PRNewsWire

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 ap...

1 year ago - PRNewsWire