Nabors Industries Company Profile (NYSE:NBR)

About Nabors Industries

Nabors Industries logoNabors Industries Ltd. owns and operates a land-based drilling rig fleet in North America. The Company is a provider of offshore platform work over and drilling rigs. It conducts its Drilling & Rig Services business through four segments: U.S. Drilling, Canada Drilling, International Drilling and Rig Services. Its fleet of rigs and drilling-related equipment includes approximately 430 actively marketed rigs for land-based drilling operations in the United States, Canada and over 20 other countries throughout the world, and approximately 40 actively marketed rigs for offshore drilling operations in the United States and multiple international markets. It provides drilling technology and equipment, and well-site services, including engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection and other support services. In addition, it manufactures and leases or sells top drives and other rig equipment.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: Oil & Gas Drilling
  • Exchange: NYSE
  • Symbol: NBR
  • CUSIP: G6359F10
Key Metrics:
  • Previous Close: $11.26
  • 50 Day Moving Average: $9.99
  • 200 Day Moving Average: $9.54
  • 52-Week Range: $4.93 - $12.33
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -13.25
  • P/E Growth: 0.84
  • Market Cap: $3.19B
  • Outstanding Shares: 283,378,000
  • Beta: 2.38
Profitability:
  • Net Margins: -39.78%
  • Return on Equity: -6.31%
  • Return on Assets: -2.80%
Debt:
  • Debt-to-Equity Ratio: 0.94%
  • Current Ratio: 1.37%
  • Quick Ratio: 1.20%
Additional Links:
Companies Related to Nabors Industries:

Analyst Ratings

Consensus Ratings for Nabors Industries (NYSE:NBR) (?)
Ratings Breakdown: 7 Hold Ratings, 18 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.77)
Consensus Price Target: $11.39 (1.17% upside)

Analysts' Ratings History for Nabors Industries (NYSE:NBR)
Show:
DateFirmActionRatingPrice TargetDetails
9/23/2016ArgusReiterated RatingHoldView Rating Details
9/19/2016Capital One Financial Corp.UpgradeEqual Weight -> Overweight$13.00View Rating Details
9/15/2016DA DavidsonInitiated CoverageBuy$16.00View Rating Details
9/12/2016Citigroup Inc.Boost Price TargetBuy$12.00 -> $13.00View Rating Details
8/16/2016NomuraSet Price TargetHold$8.00View Rating Details
8/8/2016SimmonsReiterated RatingNeutral$12.25 -> $12.50View Rating Details
8/8/2016Jefferies GroupReiterated RatingHold$9.00 -> $10.00View Rating Details
7/12/2016StephensUpgradeEqual Weight -> OverweightView Rating Details
7/8/2016Seaport Global SecuritiesUpgradeNeutral -> BuyView Rating Details
6/1/2016Credit Suisse Group AGDowngradeOutperform -> Neutral$10.00 -> $9.00View Rating Details
4/27/2016Wells Fargo & Co.Reiterated RatingBuyView Rating Details
4/27/2016Morgan StanleyReiterated RatingOverweight$16.50 -> $17.00View Rating Details
4/27/2016Raymond James Financial Inc.UpgradeOutperform -> Strong-Buy$12.00View Rating Details
4/27/2016GMP SecuritiesUpgradeHold -> BuyView Rating Details
4/27/2016Cowen and CompanyReiterated RatingOutperform$8.75 -> $11.00View Rating Details
3/28/2016ScotiabankUpgradeSector Perform -> OutperformView Rating Details
3/28/2016Howard WeilUpgradeSector Perform -> Sector OutperformView Rating Details
3/13/2016Deutsche Bank AGReiterated RatingBuy$10.00View Rating Details
3/9/2016SusquehannaBoost Price TargetPositive$11.00 -> $12.00View Rating Details
2/22/2016Goldman Sachs Group Inc.Lower Price TargetBuy$12.00 -> $10.50View Rating Details
2/19/2016KLR GroupLower Price TargetBuy$13.00 -> $11.00View Rating Details
2/18/2016JPMorgan Chase & Co.Lower Price TargetOverweight$11.00 -> $10.00View Rating Details
1/25/2016Tudor PickeringDowngradeAccumulate -> HoldView Rating Details
1/13/2016SunTrust Banks Inc.Lower Price Target$12.00 -> $10.00View Rating Details
12/18/2015Royal Bank Of CanadaLower Price TargetOutperform$12.00 -> $11.00View Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$14.00View Rating Details
10/29/2015BMO Capital MarketsLower Price TargetMarket Perform$12.00 -> $11.00View Rating Details
5/26/2015Credit Agricole SADowngradeOutperform -> Underperform$13.00 -> $16.00View Rating Details
1/21/2015Bank of America Corp.DowngradeBuy -> NeutralView Rating Details
1/8/2015KeyCorpDowngradeBuy -> HoldView Rating Details
10/14/2014Evercore ISIInitiated CoverageBuy$29.00View Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Nabors Industries (NYSE:NBR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
8/2/2016Q216($0.45)($0.26)$497.83 million$571.60 millionViewN/AView Earnings Details
4/25/2016Q116($0.33)($0.29)$630.81 million$597.60 millionViewN/AView Earnings Details
2/16/2016Q415($0.38)($0.22)$732.89 million$693.70 millionViewListenView Earnings Details
10/27/2015Q315($0.14)($0.14)$771.72 million$812.40 millionViewListenView Earnings Details
8/4/2015Q215($0.09)($0.14)$800.69 million$862.00 millionViewN/AView Earnings Details
4/21/2015Q115$0.05$0.20$1.36 billion$1.42 billionViewN/AView Earnings Details
3/2/2015Q414$0.39$0.33$1.84 billion$1.78 millionViewN/AView Earnings Details
11/12/2014$0.37$0.39ViewN/AView Earnings Details
10/21/2014Q314$0.36$0.39$1.72 billion$1.81 billionViewListenView Earnings Details
7/22/2014Q214$0.23$0.24$1.59 billion$1.62 billionViewListenView Earnings Details
4/22/2014Q114$0.15$0.16$1.56 billion$1.59 billionViewN/AView Earnings Details
2/18/2014Q413$0.20$0.42$1.55 billion$1.61 billionViewListenView Earnings Details
10/23/2013Q313$0.19$0.20$1.59 billion$1.55 billionViewListenView Earnings Details
7/23/2013Q2 2013$0.09$0.08$1.58 billion$1.51 billionViewListenView Earnings Details
4/23/2013Q1 2013$0.28$0.33$1.64 billion$1.58 billionViewListenView Earnings Details
2/19/2013Q4 2012$0.29$0.44$1.66 billion$1.63 billionViewListenView Earnings Details
10/23/2012$0.38$0.42ViewN/AView Earnings Details
7/24/2012$0.39$0.38ViewN/AView Earnings Details
2/21/2012$0.50$0.30ViewN/AView Earnings Details
10/25/2011$0.41$0.44ViewN/AView Earnings Details
4/26/2011$0.34$0.29ViewN/AView Earnings Details
2/15/2011$0.37$0.44ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nabors Industries (NYSE:NBR)
Current Year EPS Consensus Estimate: $-1.21 EPS
Next Year EPS Consensus Estimate: $-0.85 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20169($0.45)($0.15)($0.32)
Q2 20165($0.52)($0.39)($0.48)
Q3 20167($0.54)($0.24)($0.38)
Q4 20167($0.56)($0.24)($0.37)
Q1 20174($0.41)($0.29)($0.34)
Q2 20174($0.35)($0.26)($0.30)
Q3 20174($0.28)($0.19)($0.24)
Q4 20174($0.21)($0.16)($0.19)
Q1 20181($0.15)($0.15)($0.15)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nabors Industries (NYSE:NBR)
Annual Dividend:$0.24
Dividend Yield:2.13%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-6.56% (Based on Trailing 12 Months of Earnings)
-19.83% (Based on Current Year Consensus EPS Estimate)
-28.24% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Nabors Industries (NYSE:NBR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/2/2016quarterly$0.062.76%9/9/20169/13/201610/4/2016
5/3/2016quarterly$0.062.67%6/8/20166/10/20167/1/2016
2/23/2016Quarterly$0.063/8/20163/10/20163/31/2016
11/6/2015quarterly$0.062.32%12/8/201512/10/201512/31/2015
7/28/2015quarterly$0.062.06%9/4/20159/9/20159/30/2015
4/30/2015quarterly$0.061.44%6/5/20156/9/20156/30/2015
2/24/2015quarterly$0.061.86%3/6/20153/10/20153/31/2015
10/28/2014quarterly$0.061.36%12/8/201412/10/201412/31/2014
7/24/2014quarterly$0.060.81%9/5/20149/9/20149/30/2014
4/29/2014quarterly$0.040.64%6/5/20146/9/20146/30/2014
2/24/2014quarterly$0.040.72%3/6/20143/10/20143/31/2014
11/8/2013quarterly$0.040.89%12/6/201312/10/201312/31/2013
8/2/2013quarterly$0.041.02%9/4/20139/6/20139/27/2013
5/3/2013quarterly$0.041.04%6/5/20136/7/20136/28/2013
2/28/2013special$0.043/7/20133/11/20133/28/2013
2/27/2013quarterly$0.043/11/20133/28/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Nabors Industries (NYSE:NBR)
Insider Ownership Percentage: 3.53%
Institutional Ownership Percentage: 93.06%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/28/2016Howard WolfDirectorBuy15,000$9.78$146,700.00View SEC Filing  
7/26/2013John P KottsDirectorBuy120,000$14.95$1,794,000.00View SEC Filing  
7/25/2013Howard WolfDirectorBuy11,000$14.90$163,900.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Nabors Industries (NYSE:NBR)
DateHeadline
News IconIntraday Movers: Raptor Pharmaceutical Corp. (NASDAQ:RPTP), Nabors Industries Ltd. (NYSE:NBR) - NYSE Journal (press release) (NYSE:NBR)
stockznews.com - September 28 at 11:20 AM
News IconPrime Gamechangers Stocks For The Day- Nabors Industries Ltd. (NYSE:NBR), Cobalt International Energy, Inc ... - Street Wise Report (press release) (blog) (NYSE:NBR)
streetwisereport.com - September 28 at 11:20 AM
nasdaq.com logoYieldBoost Nabors Industries To 9.4% Using Options (NYSE:NBR)
www.nasdaq.com - September 24 at 10:45 AM
nasdaq.com logoYieldBoost Nabors Industries To 9.4% Using Options - Nasdaq (NYSE:NBR)
www.nasdaq.com - September 23 at 5:55 PM
News IconNabors Industries Ltd. (NYSE:NBR) Upcoming Earnings: What ... - The Voice Registrar (NYSE:NBR)
voiceregistrar.com - September 23 at 5:55 PM
finance.yahoo.com logoExpecting Continued Pressure On Oil Prices, Argus Maintains A Hold On Nabors Industries (NYSE:NBR)
finance.yahoo.com - September 23 at 5:55 PM
stocksdaily.net logoNabors Industries Ltd. (NYSE:NBR) Ratings in Focus - Stocks Daily (NYSE:NBR)
www.stocksdaily.net - September 20 at 11:35 AM
finance.yahoo.com logoNabors Industries upgraded by CapitalOne (NYSE:NBR)
finance.yahoo.com - September 19 at 6:21 PM
stocksdaily.net logoNabors Industries Ltd. (NYSE:NBR) Ratings in Focus (NYSE:NBR)
www.stocksdaily.net - September 18 at 5:56 PM
stocksdaily.net logoNabors Industries Ltd. (NYSE:NBR) Held $274.589 In Cash And Short-Term Investments (NYSE:NBR)
www.stocksdaily.net - September 16 at 9:52 AM
News IconNabors Industries Ltd. (NBR) Given New $13.00 Price Target at Citigroup Inc (NYSE:NBR)
magseriesusa.net - September 16 at 9:52 AM
capitalcube.com logoNabors Industries Ltd. : NBR-US: Dividend Analysis : September 13th, 2016 (record date) : By the numbers : September 14, 2016 (NYSE:NBR)
www.capitalcube.com - September 15 at 6:24 PM
capitalcube.com logoNabors Industries Ltd. – Value Analysis (NYSE:NBR) : September 15, 2016 (NYSE:NBR)
www.capitalcube.com - September 15 at 6:24 PM
thestreet.com logoNabors Industries (NBR) Stock Pops, Receives 'Buy' Rating at DA Davidson (NYSE:NBR)
www.thestreet.com - September 15 at 6:24 PM
News IconShares Gapping Up Before the Open: Nabors Industries Ltd. (NYSE:NBR) - Post News (NYSE:NBR)
www.kentuckypostnews.com - September 15 at 9:47 AM
capitalcube.com logoNabors Industries Ltd. breached its 50 day moving average in a Bearish Manner : NBR-US : September 14, 2016 (NYSE:NBR)
www.capitalcube.com - September 14 at 10:36 AM
finance.yahoo.com logoPut selling bets Nabors will hold gains (NYSE:NBR)
finance.yahoo.com - September 14 at 10:36 AM
4-traders.com logoNABORS INDUSTRIES LTD. : ex-dividend day (NYSE:NBR)
www.4-traders.com - September 10 at 10:40 AM
News IconNabors Industries Ltd. (NYSE:NBR) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:NBR)
voiceregistrar.com - September 9 at 6:01 PM
News IconTrader's Round Up – Nabors Industries Ltd.'s (NBR) - Hot Stocks Point (NYSE:NBR)
www.hotstockspoint.com - September 9 at 11:01 AM
News IconHPE to sell its software unit, Thoma Bravo most likely candidate (NYSE:NBR)
www.crcconnection.com - September 3 at 10:42 AM
marketrealist.com logoWill Nabors Industries’ Strategies Be Effective? (NYSE:NBR)
marketrealist.com - August 29 at 6:13 PM
News IconShare Performance and Target Price Review Nabors Industries Ltd. (NYSE:NBR) - Post Registrar (NYSE:NBR)
postregistrar.com - August 28 at 10:30 AM
News IconWhich way Nabors Industries Ltd. (NYSE:NBR) earnings may go - The Voice Registrar (NYSE:NBR)
voiceregistrar.com - August 26 at 6:06 PM
marketrealist.com logoHas Nabors Industries’ Short Interest Gone Up? (NYSE:NBR)
marketrealist.com - August 26 at 6:06 PM
marketrealist.com logoWhat’s Nabors Industries’ Historical Valuation? (NYSE:NBR)
marketrealist.com - August 26 at 9:25 AM
uk.finance.yahoo.com logoWeak petroleum, pharma hit US stocks (NYSE:NBR)
uk.finance.yahoo.com - August 25 at 11:28 AM
marketrealist.com logoWhat Does Nabors Industries Project for 2H16? (NYSE:NBR)
marketrealist.com - August 25 at 11:28 AM
marketrealist.com logoAnalyzing Nabors Industries’ Indebtedness (NYSE:NBR)
marketrealist.com - August 25 at 11:28 AM
marketrealist.com logoWhat Are Nabors Industries’ Plans to Preserve Liquidity? (NYSE:NBR)
marketrealist.com - August 25 at 11:28 AM
marketrealist.com logoDoes Nabors Industries’ Share Price Still Look Strong? (NYSE:NBR)
marketrealist.com - August 24 at 6:07 PM
marketrealist.com logoAnalyzing Trends in National Oilwell Varco’s Value Drivers (NYSE:NBR)
marketrealist.com - August 22 at 10:59 AM
finance.yahoo.com logoOil Companies Ignoring Investors (NYSE:NBR)
finance.yahoo.com - August 15 at 6:39 PM
capitalcube.com logoETF’s with exposure to Nabors Industries Ltd. : August 11, 2016 (NYSE:NBR)
www.capitalcube.com - August 11 at 6:50 PM
finance.yahoo.com logoNABORS INDUSTRIES LTD Financials (NYSE:NBR)
finance.yahoo.com - August 11 at 6:50 PM
capitalcube.com logoNabors Industries Ltd. breached its 50 day moving average in a Bullish Manner : NBR-US : August 10, 2016 (NYSE:NBR)
www.capitalcube.com - August 10 at 9:29 AM
equities.com logoNabors Industries Ltd. (NBR) Pops 4.54% for August 08 (NYSE:NBR)
www.equities.com - August 9 at 6:38 PM
News IconWhat do analysts Say about: Nabors Industries Ltd. (NYSE:NBR) (NYSE:NBR)
www.newsoracle.com - August 9 at 6:38 PM
streetupdates.com logoAnalysts Rating Alert: ArcelorMittal (NYSE:MT) , Nabors Industries Ltd. (NYSE:NBR) - Street Updates (NYSE:NBR)
www.streetupdates.com - August 8 at 11:05 AM
streetupdates.com logoRecent Analysts Ratings of Stocks: Barrick Gold Corporation (NYSE:ABX) , Nabors Industries Ltd. (NYSE:NBR) - Street Updates (NYSE:NBR)
www.streetupdates.com - August 7 at 10:33 AM
equities.com logoNabors Industries Ltd. (NBR) Pops 4.37% for August 03 (NYSE:NBR)
www.equities.com - August 5 at 9:27 AM
News IconNotable Active Stock's Momentum: Weatherford International Plc (NYSE:WFT), Nabors Industries Ltd. (NYSE:NBR) - NYSE Journal (press release) (NYSE:NBR)
stockznews.com - August 4 at 6:44 PM
finance.yahoo.com logoEdited Transcript of NBR earnings conference call or presentation 3-Aug-16 3:00pm GMT (NYSE:NBR)
finance.yahoo.com - August 4 at 9:32 AM
marketrealist.com logoHow Nabors Industries’s Results Affected Its Shareholder Returns (NYSE:NBR)
marketrealist.com - August 4 at 9:32 AM
News IconStocks Gainers/Losers Roundup- Allergan (NYSE:AGN), Nabors Industries (NYSE:NBR), SBA Communications ... - Seneca Globe (NYSE:NBR)
www.senecaglobe.com - August 3 at 6:43 PM
News IconRoyal Caribbean Cruises (NYSE:RCL) & Nabors Industries (NYSE:NBR) Investor's Alert - Money News (press release) (NYSE:NBR)
www.newsismoney.com - August 3 at 6:43 PM
News IconPrice Target in the Spotlight: Nabors Industries Ltd. (NYSE:NBR) - News Oracle (NYSE:NBR)
www.newsoracle.com - August 3 at 6:43 PM
equities.com logoNabors Industries Ltd. (NBR) Pops 4.37% for August 03 - Equities.com (NYSE:NBR)
www.equities.com - August 3 at 6:43 PM
marketrealist.com logoWhat Caused Nabors Industries to Lose Money in 2Q16? (NYSE:NBR)
marketrealist.com - August 3 at 6:43 PM
marketrealist.com logoDoes Nabors Industries Expect Rig Count to Rise in the Near Term? (NYSE:NBR)
marketrealist.com - August 3 at 6:43 PM

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Nabors Industries (NYSE:NBR) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff