Nabors Industries (NBR)

• Market cap: $608M
• 1 day: 1.22%
• 5 days: -4.22%
• 1 month: 13.98%
• 3 months: -30.33%
• 6 months: -38.66%
• Year to date: -30.33%
• 1 year: -51.56%
• 5 years: 140.98%
• 10 years: -94.00%
• Sector: Energy
• Industry: Drilling Oil & Gas Wells

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

18% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 51

11.23% more ownership

Funds ownership: 81.61% [Q3] → 92.85% (+11.23%) [Q4]

5% less capital invested

Capital invested by funds: $504M [Q3] → $478M (-$26.1M) [Q4]

9% less funds holding

Funds holding: 185 [Q3] → 169 (-16) [Q4]

33% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 40

48% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $39.8M

50% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]

Research analyst outlook

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

• Low target: $45 7% upside
• Avg. target: $58 37% upside
• High target: $75 78% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Morgan Stanley Daniel Kutz 40% 1-year accuracy 2 / 5 met price target	78% upside $75	Overweight Maintained	27 Mar 2025
Susquehanna Charles Minervino 37% 1-year accuracy 25 / 68 met price target	7% upside $45	Neutral Maintained	13 Mar 2025
Barclays David Anderson 40% 1-year accuracy 34 / 86 met price target	26% upside $53	Equal-Weight Maintained	19 Feb 2025