About Nabors Industries (NYSE:NBR)
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 multiple international markets. The Company conducts its Drilling & Rig Services business through four segments: U.S. Drilling, Canada Drilling, International Drilling and Rig Services. The Company provides wellbore placement services, drilling software and performance tools, drilling equipment and various technologies throughout the oil and gas markets. The Company's Drilling & Rig Services business comprises land-based and offshore drilling rig operations and other rig services, consisting of equipment manufacturing, rig instrumentation and optimization software. The Company is a provider of directional drilling and measurement while drilling (MWD) systems and services. The Company also provides drilling technology and equipment, and well-site services.
Industry, Sector and Symbol
Industry Oil & Gas Drilling
Sub-IndustryOil & Gas Drilling
Trailing P/E Ratio-2.57089552238806
Forward P/E Ratio-4.20
Sales & Book Value
Annual Sales$2.01 billion
Price / Sales1.09
Cash Flow$1.26 per share
Price / Cash5.48
Book Value$11.48 per share
Price / Book0.60
Return on Equity-14.74%
Return on Assets-5.65%
Nabors Industries (NYSE:NBR) Frequently Asked Questions
What is Nabors Industries' stock symbol?
Nabors Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "NBR."
How often does Nabors Industries pay dividends? What is the dividend yield for Nabors Industries?
Nabors Industries announced a quarterly dividend on Saturday, October 28th. Investors of record on Wednesday, December 13th will be given a dividend of $0.06 per share on Wednesday, January 3rd. This represents a $0.24 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date of this dividend is Tuesday, December 12th. View Nabors Industries' Dividend History.
How were Nabors Industries' earnings last quarter?
Nabors Industries Ltd. (NYSE:NBR) announced its quarterly earnings data on Tuesday, October, 24th. The oil and gas company reported ($0.42) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.33) by $0.09. The oil and gas company had revenue of $662.50 million for the quarter, compared to analyst estimates of $674.03 million. Nabors Industries had a negative net margin of 31.99% and a negative return on equity of 14.74%. The firm's quarterly revenue was up 27.4% on a year-over-year basis. During the same period last year, the business posted ($0.55) EPS. View Nabors Industries' Earnings History.
When will Nabors Industries make its next earnings announcement?
Where is Nabors Industries' stock going? Where will Nabors Industries' stock price be in 2018?
23 brokers have issued twelve-month price targets for Nabors Industries' stock. Their predictions range from $6.00 to $22.00. On average, they anticipate Nabors Industries' stock price to reach $10.93 in the next twelve months. View Analyst Ratings for Nabors Industries.
Are investors shorting Nabors Industries?
Nabors Industries saw a decrease in short interest in January. As of January 31st, there was short interest totalling 47,602,079 shares, a decrease of 8.3% from the January 12th total of 51,917,459 shares. Based on an average daily volume of 9,433,814 shares, the short-interest ratio is currently 5.0 days. Approximately 16.6% of the company's stock are sold short.
Who are some of Nabors Industries' key competitors?
Some companies that are related to Nabors Industries include Patterson-UTI Energy (PTEN), Transocean (RIG), Ensco (ESV), Diamond Offshore Drilling (DO), Rowan Companies (RDC), Transocean Partners (RIGP), Mammoth Energy Services (TUSK), Precision Drilling (PDS), Atwood Oceanics (ATW), Pioneer Energy Services (PES), Union Drilling (UDRL), Seadrill (SDRL), Parker Drilling (PKD) and Pacific Drilling (PACDQ).
Who are Nabors Industries' key executives?
Nabors Industries' management team includes the folowing people:
- Anthony G. Petrello, Chairman of the Board, President, Chief Executive Officer (Age 62)
- William J. Restrepo, Chief Financial Officer (Age 57)
- Mark D. Andrews, Corporate Secretary (Age 44)
- John Yearwood, Lead Independent Director (Age 57)
- James Robert Crane, Independent Director (Age 63)
- John P. Kotts, Independent Director (Age 66)
- Michael C. Linn, Independent Director (Age 65)
- Dag J. Skattum, Independent Director (Age 56)
Who owns Nabors Industries stock?
Nabors Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.76%), Thunderbird Partners LLP (1.72%), Bank of New York Mellon Corp (1.63%), Victory Capital Management Inc. (1.49%), Geode Capital Management LLC (0.88%) and Wedge Capital Management L L P NC (0.81%). Company insiders that own Nabors Industries stock include Howard Wolf, Martin Walter and William J Restrepo. View Institutional Ownership Trends for Nabors Industries.
Who sold Nabors Industries stock? Who is selling Nabors Industries stock?
Nabors Industries' stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Renaissance Technologies LLC, Wells Fargo & Company MN, Kennedy Capital Management Inc., Suntrust Banks Inc., Metropolitan Life Insurance Co. NY, Nisa Investment Advisors LLC and Comerica Bank. View Insider Buying and Selling for Nabors Industries.
Who bought Nabors Industries stock? Who is buying Nabors Industries stock?
Nabors Industries' stock was purchased by a variety of institutional investors in the last quarter, including Thunderbird Partners LLP, BlackRock Inc., Slate Path Capital LP, Two Sigma Investments LP, Schroder Investment Management Group, Thrivent Financial For Lutherans, Jane Street Group LLC and PVG Asset Management Corp. Company insiders that have bought Nabors Industries stock in the last two years include Howard Wolf, Martin Walter and William J Restrepo. View Insider Buying and Selling for Nabors Industries.
How do I buy Nabors Industries stock?
Shares of Nabors Industries can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Nabors Industries' stock price today?
One share of Nabors Industries stock can currently be purchased for approximately $6.89.
How big of a company is Nabors Industries?
Nabors Industries has a market capitalization of $2.19 billion and generates $2.01 billion in revenue each year. The oil and gas company earns $-1,029,740,000.00 in net income (profit) each year or ($2.68) on an earnings per share basis. Nabors Industries employs 13,000 workers across the globe.
How can I contact Nabors Industries?
Nabors Industries' mailing address is Crown House, 4 Par-La-Ville Road, HAMILTON, HM 08, Bermuda. The oil and gas company can be reached via phone at +1-441-2921510 or via email at [email protected]
MarketBeat Community Rating for Nabors Industries (NBR)MarketBeat's community ratings are surveys of what our community members think about Nabors Industries and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Nabors Industries (NYSE:NBR) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.65||2.65||2.70||2.72|
|Ratings Breakdown: ||0 Sell Rating(s)|
8 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
16 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
7 Hold Rating(s)
18 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$10.93||$10.93||$11.36||$13.95|
|Price Target Upside: ||32.51% upside||32.51% upside||81.42% upside||119.72% upside|
Nabors Industries (NYSE:NBR) Consensus Price Target History
Nabors Industries (NYSE:NBR) Analyst Ratings History
(Data available from 2/25/2016 forward)
Nabors Industries (NYSE:NBR) Earnings History and Estimates Chart
Nabors Industries (NYSE NBR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/24/2017||Q3 2017||($0.33)||($0.42)||$674.03 million||$662.50 million||View||N/A|
|8/2/2017||Q2 2017||($0.35)||($0.38)||$589.79 million||$630.50 million||View||Listen|
|4/26/2017||Q1 2017||($0.36)||($0.52)||$569.96 million||$563.00 million||View||N/A|
|2/22/2017||Q416||($0.34)||($0.30)||$543.04 million||$539.20 million||View||N/A|
|10/25/2016||Q316||($0.34)||($0.35)||$543.48 million||$519.70 million||View||N/A|
|8/2/2016||Q216||($0.45)||($0.26)||$497.83 million||$571.60 million||View||N/A|
|4/25/2016||Q116||($0.33)||($0.29)||$630.81 million||$597.60 million||View||N/A|
|2/16/2016||Q415||($0.38)||($0.22)||$732.89 million||$693.70 million||View||Listen|
|10/27/2015||Q315||($0.14)||($0.14)||$771.72 million||$812.40 million||View||Listen|
|8/4/2015||Q215||($0.09)||($0.14)||$800.69 million||$862.00 million||View||N/A|
|4/21/2015||Q115||$0.05||$0.20||$1.36 billion||$1.42 billion||View||N/A|
|3/2/2015||Q414||$0.39||$0.33||$1.84 billion||$1.78 million||View||N/A|
|11/10/2014||Q3 2014||$0.37||$0.39||$1.81 billion||View||N/A|
|10/21/2014||Q314||$0.36||$0.39||$1.72 billion||$1.81 billion||View||Listen|
|7/22/2014||Q214||$0.23||$0.24||$1.59 billion||$1.62 billion||View||Listen|
|4/22/2014||Q114||$0.16||$0.16||$1.56 billion||$1.59 billion||View||N/A|
|2/18/2014||Q413||$0.20||$0.42||$1.55 billion||$1.61 billion||View||Listen|
|10/23/2013||Q313||$0.19||$0.20||$1.59 billion||$1.55 billion||View||Listen|
|7/23/2013||Q2 2013||$0.09||$0.08||$1.58 billion||$1.51 billion||View||Listen|
|4/23/2013||Q1 2013||$0.28||$0.33||$1.64 billion||$1.58 billion||View||Listen|
|2/19/2013||Q4 2012||$0.29||$0.44||$1.66 billion||$1.63 billion||View||Listen|
Nabors Industries (NYSE:NBR) Earnings Estimates
2018 EPS Consensus Estimate: ($0.85)
2019 EPS Consensus Estimate: ($0.24)
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Nabors Industries (NYSE:NBR) Dividend Information
|Most Recent Dividend:||1/3/2018|
|Dividend Growth:||6.30% (3 Year Average)|
|Payout Ratio:||-8.96% (Trailing 12 Months of Earnings) |
-14.63% (Based on This Year's Estimates)
-30.00% (Based on Next Year's Estimates)
|Track Record:||4 Years of Consecutive Dividend Growth|
Nabors Industries (NYSE:NBR) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Nabors Industries (NYSE NBR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 4.10%
Institutional Ownership Percentage: 86.69%
Nabors Industries (NYSE NBR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|5/30/2017||William J Restrepo||CFO||Buy||22,000||$8.25||$181,500.00||959,694|| |
|5/4/2017||William J Restrepo||CFO||Buy||22,000||$9.43||$207,460.00||939,694|| |
|4/28/2016||Howard Wolf||Director||Buy||15,000||$9.78||$146,700.00||79,000|| |
|7/26/2013||John P Kotts||Director||Buy||120,000||$14.95||$1,794,000.00|| |
|7/25/2013||Howard Wolf||Director||Buy||11,000||$14.90||$163,900.00|| |
Nabors Industries (NYSE NBR) News Headlines
|Virtu Financial LLC Acquires 90,391 Shares of Nabors Industries Ltd. (NBR)|
www.americanbankingnews.com - February 25 at 2:33 PM
|Suntrust Banks Inc. Sells 377,877 Shares of Nabors Industries Ltd. (NBR)|
www.americanbankingnews.com - February 25 at 12:52 PM
|Nabors Industries Ltd. (NBR) Expected to Post Quarterly Sales of $709.75 Million|
www.americanbankingnews.com - February 23 at 2:38 AM
| Brokerages Expect Nabors Industries Ltd. (NBR) to Announce -$0.33 EPS|
www.americanbankingnews.com - February 21 at 7:14 PM
|Stock Review for Oil & Gas Investors -- Nabors Industries, Noble, Northern Oil and Gas, and Obsidian Energy - PR Newswire (press release)|
www.prnewswire.com - February 20 at 8:25 AM
|Nabors Industries (NBR) to Release Earnings on Tuesday|
www.americanbankingnews.com - February 20 at 3:12 AM
|What’s Wall Street’s Forecast for Nabors Industries?|
finance.yahoo.com - February 16 at 8:27 AM
|Nabors Industries (NBR) a Strong Sell at recent price of $6.84, on Gloomy Quant Score|
investorplace.com - February 15 at 12:11 PM
|Chart in Focus: Nabors Industries’ 7-Day Stock Price Forecast|
finance.yahoo.com - February 15 at 8:04 AM
|Nabors Industries Ltd. (NBR) Short Interest Update|
www.americanbankingnews.com - February 14 at 4:34 AM
|Nabors Industries Ltd. Fourth Quarter 2017 Earnings Conference Call Invitation|
finance.yahoo.com - February 13 at 9:53 AM
|Zacks Investment Research Lowers Nabors Industries (NBR) to Sell|
www.americanbankingnews.com - February 6 at 12:51 PM
|Nabors Industries Ltd. (NBR) Expected to Announce Quarterly Sales of $709.75 Million|
www.americanbankingnews.com - February 6 at 2:26 AM
|NBR Crosses Below Key Moving Average Level|
www.nasdaq.com - February 5 at 3:48 PM
|Nabors Industries (NBR) Downgraded by ValuEngine|
www.americanbankingnews.com - February 4 at 8:40 PM
|Nabors Industries (NBR) a Strong Sell at recent price of $8.15, on Gloomy Industry Group Rank|
investorplace.com - February 2 at 12:34 PM
|Nabors Industries Ltd. (NBR) Given Average Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - February 2 at 5:32 AM
|Nabors Industries (NBR) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - January 31 at 1:12 PM
|Nabors Industries Ltd. (NBR) Sees Significant Growth in Short Interest|
www.americanbankingnews.com - January 30 at 3:22 AM
|Nabors Industries (NBR) Downgraded by Zacks Investment Research to Sell|
www.americanbankingnews.com - January 25 at 11:48 PM
|Oilfield Services Turning Red Hot: 3 Top Stocks to Buy Now|
247wallst.com - January 24 at 4:00 PM
|September 21st Options Now Available For Nabors Industries (NBR)|
www.nasdaq.com - January 22 at 4:02 PM
|Nabors Industries Ltd. (NBR) Expected to Post Quarterly Sales of $708.23 Million|
www.americanbankingnews.com - January 20 at 8:30 AM
|Nabors Industries (NBR) a Strong Sell on Negative Earnings Visibility|
investorplace.com - January 19 at 11:49 AM
|Analysts Set Expectations for Nabors Industries Ltd.'s Q4 2017 Earnings (NBR)|
www.americanbankingnews.com - January 19 at 11:08 AM
|-$0.32 EPS Expected for Nabors Industries Ltd. (NBR) This Quarter|
www.americanbankingnews.com - January 18 at 7:36 PM
|Nabors Industries Ltd. (NBR) Sees Large Decrease in Short Interest|
www.americanbankingnews.com - January 17 at 2:52 AM
|Nabors Industries Inc. -- Moody's rates Nabors' new unsecured notes Ba3|
finance.yahoo.com - January 16 at 5:27 PM
|Nabors Announces Offering of Senior Unsecured Notes|
finance.yahoo.com - January 16 at 9:23 AM
|Nabors Industries (NBR) Given a $9.00 Price Target by Cowen Analysts|
www.americanbankingnews.com - January 14 at 8:52 AM
|Stock Traders Purchase Large Volume of Put Options on Nabors Industries (NBR)|
www.americanbankingnews.com - January 14 at 3:04 AM
|Bullish Two Hundred Day Moving Average Cross - NBR|
www.nasdaq.com - January 11 at 5:38 PM
|Nabors Industries (NBR) Receives New Coverage from Analysts at Stephens|
www.americanbankingnews.com - January 9 at 4:44 PM
|Earnings Visibility Analytics Keep Nabors Industries (NBR) a Strong Sell|
investorplace.com - January 9 at 11:21 AM
|Nabors Industries Ltd. (NBR) Receives Average Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - January 8 at 6:38 AM
|Nabors Industries Ltd. Forecasted to Earn Q1 2018 Earnings of ($0.29) Per Share (NBR)|
www.americanbankingnews.com - January 8 at 5:02 AM
|Investors Purchase Large Volume of Call Options on Nabors Industries (NBR)|
www.americanbankingnews.com - January 7 at 4:44 AM
|The Top 5 Oilfield Services Stocks for 4Q17 by Revenue Growth|
finance.yahoo.com - January 5 at 5:15 PM
|$710.12 Million in Sales Expected for Nabors Industries Ltd. (NBR) This Quarter|
www.americanbankingnews.com - January 4 at 5:58 PM
|Jim Cramer Advises His Viewers On Ametek, Hormel Foods And More|
www.benzinga.com - January 4 at 9:17 AM
|Nabors Industries Ltd. (NBR) Short Interest Up 13.6% in December|
www.americanbankingnews.com - January 2 at 2:28 AM
|ValuEngine Downgrades Nabors Industries (NBR) to Strong Sell|
www.americanbankingnews.com - January 1 at 3:52 PM
|Wall Street’s Targets for Lowest Free Cash Flow–Generating OFS Stocks|
finance.yahoo.com - January 1 at 9:17 AM
|What's Happening With These Oil & Gas Stocks? -- Whiting Petroleum, Nabors Industries, Pengrowth Energy, and Ensco - PR Newswire (press release)|
www.prnewswire.com - December 29 at 9:58 AM
|The 3rd-Lowest Oilfield Services FCF Earner in 3Q17|
finance.yahoo.com - December 28 at 4:02 PM
|Zacks Investment Research Upgrades Nabors Industries (NBR) to Hold|
www.americanbankingnews.com - December 26 at 12:08 PM
|Funereal Quant Score Keep Nabors Industries (NBR) a Strong Sell - Investorplace.com|
investorplace.com - December 23 at 8:09 PM
|Royal Bank of Canada Reiterates $8.00 Price Target for Nabors Industries (NBR)|
www.americanbankingnews.com - December 22 at 3:08 PM
|ETFs with exposure to Nabors Industries Ltd. : December 21, 2017|
finance.yahoo.com - December 21 at 5:29 PM
|Nabors Industries (NBR) a Strong Sell on Cheerless Earnings Growth|
investorplace.com - December 20 at 11:36 AM
Nabors Industries (NYSE:NBR) SEC Filings
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Nabors Industries (NYSE:NBR) Income Statement, Balance Sheet and Cash Flow Statement
Nabors Industries (NYSE NBR) Stock Chart for Sunday, February, 25, 2018