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: $13.05
  • 50 Day Moving Average: $11.28
  • 200 Day Moving Average: $9.97
  • 52-Week Range: $4.93 - $13.62
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -13.74
  • P/E Growth: 1.03
  • Market Cap: $3.70B
  • Outstanding Shares: 283,378,000
  • Beta: 2.13
  • Net Margins: -39.78%
  • Return on Equity: -6.31%
  • Return on Assets: -2.80%
  • 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: $11.72 (10.21% downside)

Analysts' Ratings History for Nabors Industries (NYSE:NBR)
DateFirmActionRatingPrice TargetDetails
10/19/2016Goldman Sachs Group Inc.Set Price TargetBuy$17.00View Rating Details
10/5/2016Citigroup Inc.Reiterated RatingBuy$14.00View Rating Details
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
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
2/19/2016KLR 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
(Data available from 10/21/2014 forward)


Earnings History for Nabors Industries (NYSE:NBR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016Q316($0.34)$543.48 millionN/AView Earnings Details
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)


Earnings Estimates for Nabors Industries (NYSE:NBR)
Current Year EPS Consensus Estimate: $-1.21 EPS
Next Year EPS Consensus Estimate: $-0.95 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)($0.36)
Q4 20167($0.56)($0.24)($0.35)
Q1 20174($0.36)($0.21)($0.29)
Q2 20174($0.33)($0.17)($0.26)
Q3 20174($0.28)($0.11)($0.20)
Q4 20174($0.21)($0.05)($0.15)
Q1 20181($0.01)($0.01)($0.01)
Q2 20181$0.03$0.03$0.03
Q3 20181$0.11$0.11$0.11
(Data provided by Zacks Investment Research)


Current Dividend Information for Nabors Industries (NYSE:NBR)
Annual Dividend:$0.24
Dividend Yield:1.84%
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)
-25.26% (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
(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: 92.97%
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)


Latest Headlines for Nabors Industries (NYSE:NBR)
News IconPumping the Brakes, Stock Gapping Downward: Nabors Industries Ltd. (NYSE:NBR) - CSZ News (NYSE:NBR) - October 21 at 9:46 AM
News IconNews Bell: Nabors Industries Ltd. (NYSE:NBR), Cobalt International Energy, Inc. (NYSE:CIE) - The Newburgh Press (NYSE:NBR) - October 20 at 12:03 PM
News IconNabors Industries Ltd.'s (NBR): Stock to Track | Hot Stocks Point - Hot Stocks Point (NYSE:NBR) - October 20 at 12:03 PM logoWhat's behind call selling in Nabors (NYSE:NBR) - October 19 at 6:40 PM
News IconInvestor's Alert: Brocade Communications Systems, Inc. (NASDAQ:BRCD), Nabors Industries Ltd. (NYSE:NBR) - The Newburgh Press (NYSE:NBR) - October 18 at 6:13 PM logoUptrend Call Working As Nabors Industries Stock Rises 35.9% (NBR) (NYSE:NBR) - October 18 at 11:38 AM
News IconReviewing Hot Stock of Friday- Nabors Industries Ltd.'s (NBR) - Hot Stocks Point (NYSE:NBR) - October 17 at 11:28 AM
News IconUpdate on Nabors Industries Ltd. (NYSE:NBR) for the day (NYSE:NBR) - October 14 at 6:06 PM logoCan The Uptrend Continue for Nabors Industries (NBR)? (NYSE:NBR) - October 13 at 6:26 PM
News IconStock Cascading Downward Before Open: Nabors Industries Ltd. (NYSE:NBR) - CSZ News (NYSE:NBR) - October 13 at 9:55 AM logoStocks Alert: Petroleo Brasileiro S.A. - Petrobras (PBR-A), Nabors Industries (NBR), Petroleo Brasileiro S.A (PBR) - iStreetWire (NYSE:NBR) - October 13 at 9:55 AM
News IconStocks on the Run: Nabors Industries Ltd. (NYSE:NBR), Cabot Oil & Gas Corporation (NYSE:COG), Great Plains ... - NYSE Journal (press release) (NYSE:NBR) - October 13 at 9:55 AM logoNabors Industries Ltd. (NYSE:NBR) Quarterly Accrued Expenses At $650.019 Millions (NYSE:NBR) - October 12 at 6:18 PM logoCalls drilling for more gains in Nabors (NYSE:NBR) - October 12 at 6:18 PM
News IconNews Recap: Nabors Industries Ltd. (NYSE:NBR), CONSOL Energy Inc. (NYSE:CNX) - The Newburgh Press (NYSE:NBR) - October 12 at 11:42 AM
News IconNabors Industries Ltd. (NYSE:NBR) Near to Lift Curtain on December 2016 Earnings - The Voice Registrar (NYSE:NBR) - October 10 at 5:57 PM
News IconStock Dragging Lower Pre-Bell: Nabors Industries Ltd. (NYSE:NBR) - CSZ News (NYSE:NBR) - October 8 at 5:54 PM
News IconNabors Industries Ltd. (NYSE:NBR) Latest Broker Coverage - NewsDen (NYSE:NBR) - October 8 at 5:54 PM
News IconNabors Industries (NBR) Quarterly Analysis (NYSE:NBR) - October 7 at 11:27 AM
News IconFinancial Review of Nabors Industries Ltd. (NYSE:NBR) (NYSE:NBR) - October 6 at 6:09 PM logoAnadarko, NVIDIA, Royal Dutch Shell: Fast Money Picks For October 6 - Benzinga (NYSE:NBR) - October 6 at 11:50 AM
News IconActive News in Retreated Reviews: Nabors Industries Ltd. (NYSE:NBR), Coeur Mining, Inc. (NYSE:CDE) - Seneca Globe (NYSE:NBR) - October 4 at 11:03 AM logoNBR Breaks Above 2% Yield Territory (NYSE:NBR) - October 3 at 5:57 PM
News IconStunning Stock of Day - Nabors Industries Ltd. (NYSE:NBR) - Hot Stocks Point (NYSE:NBR) - October 1 at 11:42 AM logo30.8% Return Seen to Date on SmarTrend Nabors Industries Call (NBR) (NYSE:NBR) - September 30 at 6:28 PM
News IconNabors Industries Ltd. Third Quarter 2016 Earnings Conference Call Invitation (NYSE:NBR) - September 30 at 11:35 AM
News IconNabors Industries Ltd. (NYSE:NBR) Quarterly Analytical Analysis - Newburgh Press (NYSE:NBR) - September 29 at 11:29 AM logoTop Oilfield Services Companies’ 1-Year Returns (NYSE:NBR) - September 29 at 11:29 AM
News IconIntraday Movers: Raptor Pharmaceutical Corp. (NASDAQ:RPTP), Nabors Industries Ltd. (NYSE:NBR) - NYSE Journal (press release) (NYSE:NBR) - 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) - September 28 at 11:20 AM logoYieldBoost Nabors Industries To 9.4% Using Options (NYSE:NBR) - September 24 at 10:45 AM logoYieldBoost Nabors Industries To 9.4% Using Options - Nasdaq (NYSE:NBR) - September 23 at 5:55 PM
News IconNabors Industries Ltd. (NYSE:NBR) Upcoming Earnings: What ... - The Voice Registrar (NYSE:NBR) - September 23 at 5:55 PM logoExpecting Continued Pressure On Oil Prices, Argus Maintains A Hold On Nabors Industries (NYSE:NBR) - September 23 at 5:55 PM logoNabors Industries Ltd. (NYSE:NBR) Ratings in Focus - Stocks Daily (NYSE:NBR) - September 20 at 11:35 AM logoNabors Industries upgraded by CapitalOne (NYSE:NBR) - September 19 at 6:21 PM logoNabors Industries Ltd. (NYSE:NBR) Ratings in Focus (NYSE:NBR) - September 18 at 5:56 PM logoNabors Industries Ltd. (NYSE:NBR) Held $274.589 In Cash And Short-Term Investments (NYSE:NBR) - September 16 at 9:52 AM
News IconNabors Industries Ltd. (NBR) Given New $13.00 Price Target at Citigroup Inc (NYSE:NBR) - September 16 at 9:52 AM logoNabors Industries Ltd. : NBR-US: Dividend Analysis : September 13th, 2016 (record date) : By the numbers : September 14, 2016 (NYSE:NBR) - September 15 at 6:24 PM logoNabors Industries Ltd. – Value Analysis (NYSE:NBR) : September 15, 2016 (NYSE:NBR) - September 15 at 6:24 PM logoNabors Industries (NBR) Stock Pops, Receives 'Buy' Rating at DA Davidson (NYSE:NBR) - September 15 at 6:24 PM
News IconShares Gapping Up Before the Open: Nabors Industries Ltd. (NYSE:NBR) - Post News (NYSE:NBR) - September 15 at 9:47 AM logoNabors Industries Ltd. breached its 50 day moving average in a Bearish Manner : NBR-US : September 14, 2016 (NYSE:NBR) - September 14 at 10:36 AM logoPut selling bets Nabors will hold gains (NYSE:NBR) - September 14 at 10:36 AM logoNABORS INDUSTRIES LTD. : ex-dividend day (NYSE:NBR) - September 10 at 10:40 AM
News IconNabors Industries Ltd. (NYSE:NBR) Upcoming Earnings: What matter for investors? - The Voice Registrar (NYSE:NBR) - September 9 at 6:01 PM
News IconTrader's Round Up – Nabors Industries Ltd.'s (NBR) - Hot Stocks Point (NYSE:NBR) - September 9 at 11:01 AM
News IconHPE to sell its software unit, Thoma Bravo most likely candidate (NYSE:NBR) - September 3 at 10:42 AM logoWill Nabors Industries’ Strategies Be Effective? (NYSE:NBR) - August 29 at 6:13 PM


Nabors Industries (NYSE:NBR) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by Staff