NBR icon

Nabors Industries

66.71 USD
-0.99
1.46%
At close Jan 17, 4:00 PM EST
Pre-market
67.98
+1.27
1.90%
1 day
-1.46%
5 days
6.45%
1 month
11.46%
3 months
-10.29%
6 months
-25.14%
Year to date
10.08%
1 year
-9.40%
5 years
-54.15%
10 years
-86.95%
 

About: Nabors Industries Ltd owns and operates land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 291 actively marketed rigs for land-based drilling operations and 28 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.

Employees: 12,000

0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 4 [Q2] → 6 (+2) [Q3]

41% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 29

6% more funds holding

Funds holding: 175 [Q2] → 185 (+10) [Q3]

2% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 52

4.47% less ownership

Funds ownership: 86.1% [Q2] → 81.63% (-4.47%) [Q3]

14% less capital invested

Capital invested by funds: $585M [Q2] → $504M (-$80.8M) [Q3]

20% less call options, than puts

Call options by funds: $75.8M | Put options by funds: $94.6M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$77
15%
upside
Avg. target
$81
21%
upside
High target
$85
27%
upside

3 analyst ratings

positive
0%
neutral
100%
negative
0%
Citigroup
Scott Gruber
53% 1-year accuracy
36 / 68 met price target
20%upside
$80
Neutral
Maintained
31 Oct 2024
Susquehanna
Charles Minervino
39% 1-year accuracy
28 / 71 met price target
15%upside
$77
Neutral
Maintained
24 Oct 2024
Evercore ISI Group
Jason Bandel
0% 1-year accuracy
0 / 2 met price target
27%upside
$85
In-Line
Maintained
24 Oct 2024

Financial journalist opinion

Neutral
PRNewsWire
1 week ago
Nabors Industries Ltd. 4th Quarter 2024 Earnings Conference Call Invitation
HAMILTON, Bermuda , Jan. 7, 2025 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors Industries Ltd. 4th Quarter 2024 Earnings Conference Call Invitation
Negative
Zacks Investment Research
3 weeks ago
Nabors Declines 21% in 3 Months: Should You Buy the Stock?
NBR faces challenges with high debt, declining U.S. drilling revenues, heavy capital expenditures and market volatility, limiting its growth and shareholder returns.
Nabors Declines 21% in 3 Months: Should You Buy the Stock?
Neutral
Business Wire
1 month ago
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 a strategic collaboration with Nabors Industries Ltd. (NYSE: NBR, “Nabors”), one of the world's largest drilling rig, services and technology providers. The collaboration will expand business opportunities for integrated power solutions in the oilfield and broader energy markets. By combining Nabor.
e2Companies Announces Strategic Collaboration with Nabors Industries on Integrated Power Solutions for the Oilfield
Positive
Zacks Investment Research
2 months ago
Nabors (NBR) Up 3.4% Since Last Earnings Report: Can It Continue?
Nabors (NBR) reported earnings 30 days ago. What's next for the stock?
Nabors (NBR) Up 3.4% Since Last Earnings Report: Can It Continue?
Neutral
GlobeNewsWire
2 months ago
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Nabors Industries Ltd. – NBR
NEW YORK, Nov. 06, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Nabors Industries Ltd. ( NYSE: NBR ) , relating to its proposed merger with Parker Wellbore Co. Under the terms of the agreement, Nabors will acquire Parker Wellbore's issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar.
SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Nabors Industries Ltd. – NBR
Neutral
Seeking Alpha
2 months ago
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 - Chairman, President and CEO William Restrepo - Chief Financial Officer Conference Call Participants Arun Jayaram - J.P.
Nabors Industries Ltd. (NBR) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
2 months ago
Nabors Industries' Q3 Earnings & Revenues Lag Estimates
NBR expects fourth-quarter 2024 capital expenditures of $230 million, with full-year expenditures projected at approximately $600 million, including $230 million designated for SANAD new builds.
Nabors Industries' Q3 Earnings & Revenues Lag Estimates
Negative
Zacks Investment Research
2 months ago
Nabors Industries (NBR) Reports Q3 Loss, Lags Revenue Estimates
Nabors Industries (NBR) came out with a quarterly loss of $3.35 per share versus the Zacks Consensus Estimate of a loss of $1.73. This compares to loss of $5.40 per share a year ago.
Nabors Industries (NBR) Reports Q3 Loss, Lags Revenue Estimates
Neutral
PRNewsWire
2 months ago
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 operating revenues of $735 million in the second quarter.
Nabors Announces Third Quarter 2024 Results
Neutral
PRNewsWire
3 months ago
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.
Updated Nabors Industries Ltd. 3rd Quarter 2024 Earnings Conference Call Invitation
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