Nabors Industries/NBR

$76.64

0.84%
-
1D1W1MYTD1YMAX

About Nabors Industries

Nabors Industries Ltd. owns and operates a land-based drilling rig fleet. The Company is a provider of offshore platform drilling rigs in the United States and international markets. The Company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions and Rig Technologies. Its services include tubular running services, wellbore placement solutions, directional drilling, measurement-while-drilling (MWD), logging-while-drilling (LWD) systems and services, equipment manufacturing, rig instrumentation and optimization software. Its United States fleet consists of approximately 171 alternating current (AC) rigs and 11 silicon-controlled rectifier (SCR) land rigs. Its international fleet consists of approximately 117 land-based drilling rigs located in approximately 14 countries. Through its Drilling Solutions, the Company offers specialized drilling technologies, such as patented steering systems and rig instrumentation software systems.

Ticker

NBR

Sector

Energy

Trading on

NYSE

Industry

Oil Well Services & Equipment

CEO

Anthony Petrello

Employees

12,000

Headquarters

Hamilton, Bermuda

NBR Metrics

BasicAdvanced
$724.9M
Market cap
-
P/E ratio
-$5.50
EPS
2.35
Beta
-
Dividend rate
$724.9M
2.34563
$141.47
$71.42
240.05K
1.356
1.234
768.956
961.729
30.165
2.16%
1%
-14.45%
1.56%
0.241
2.201
2.219
7.487
13.27%
86.77%
12.1%

What the Analysts think about NBR

Analyst Ratings

Majority rating from 11 analysts.
Hold

Price Targets

Average projection from 8 analysts.
41.09% upside
High $150.00
Low $88.00
$76.64
Current price
$108.13
Average price target

NBR Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-2.3% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$725.8M
-1.1%
Net income
$-16.7M
-65.85%
Profit margin
-2.3%
-65.47%

NBR Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 121.7%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$4.11
-$0.31
-$6.26
-$2.70
-
Expected
$1.53
$2.30
-$0.10
-$1.22
-$1.67
Surprise
168.94%
-113.49%
6,223.23%
121.7%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Nabors Industries stock?

Nabors Industries (NBR) has a market cap of $724.9M as of April 23, 2024.

What is the P/E ratio for Nabors Industries stock?

The price to earnings (P/E) ratio for Nabors Industries (NBR) stock is 0 as of April 23, 2024.

Does Nabors Industries stock pay dividends?

No, Nabors Industries (NBR) stock does not pay dividends to its shareholders as of April 23, 2024.

When is the next Nabors Industries dividend payment date?

Nabors Industries (NBR) stock does not pay dividends to its shareholders.

What is the beta indicator for Nabors Industries?

Nabors Industries (NBR) has a beta rating of 2.35. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Nabors Industries stock price target?

The target price for Nabors Industries (NBR) stock is $108.13, which is 41.09% above the current price of $76.64. This is an average based on projections from 8 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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