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: $15.31
  • 50 Day Moving Average: $16.76
  • 200 Day Moving Average: $13.20
  • 52-Week Range: $283,428,000.00 - $6.03
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -16.12
  • P/E Growth: -1.65
  • Market Cap: $4.34B
  • Outstanding Shares: 283,428,000
  • Beta: 1.72
Profitability:
  • Net Margins: -36.84%
  • Return on Equity: -8.04%
  • Return on Assets: -3.51%
Debt:
  • Debt-to-Equity Ratio: 0.97%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.18%
Additional Links:
Companies Related to Nabors Industries:

Analyst Ratings

Consensus Ratings for Nabors Industries (NYSE:NBR) (?)
Ratings Breakdown: 6 Hold Ratings, 19 Buy Ratings, 2 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.85)
Consensus Price Target: $14.33 (6.38% downside)

Analysts' Ratings History for Nabors Industries (NYSE:NBR)
Show:
DateFirmActionRatingPrice TargetDetails
1/18/2017SunTrust Banks, Inc.Initiated CoverageBuy$20.00View Rating Details
1/12/2017BMO Capital MarketsSet Price TargetHold$15.00View Rating Details
1/4/2017RBC Capital MarketsReiterated RatingBuy$20.00View Rating Details
1/4/2017Credit Suisse GroupUpgradeNeutral -> Outperform$12.00 -> $21.00View Rating Details
12/7/2016StephensDowngradeOverweight -> Hold$16.00View Rating Details
12/1/2016Sanford C. BernsteinInitiated CoverageOutperform$19.50View Rating Details
11/29/2016Tudor PickeringUpgradeHold -> BuyView Rating Details
11/21/2016Goldman Sachs Group, Inc. (The)UpgradeBuy -> Conviction-BuyView Rating Details
11/15/2016Howard WeilBoost Price TargetSector Outperform$15.00 -> $17.00View Rating Details
11/11/2016Jefferies Group LLCSet Price TargetHold$12.00View Rating Details
11/11/2016J P Morgan Chase & CoReiterated RatingBuyView Rating Details
10/5/2016Citigroup Inc.Reiterated RatingBuy$14.00View Rating Details
9/23/2016ArgusReiterated RatingHoldView Rating Details
9/19/2016Capital One Financial CorporationUpgradeEqual 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
7/8/2016Seaport Global SecuritiesUpgradeNeutral -> BuyView Rating Details
4/27/2016Wells Fargo & CompanyReiterated 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
3/13/2016Deutsche Bank AGReiterated RatingBuy$10.00View Rating Details
3/9/2016Susquehanna Bancshares IncBoost Price TargetPositive$11.00 -> $12.00View Rating Details
2/19/2016KLR GroupLower Price TargetBuy$13.00 -> $11.00View Rating Details
12/18/2015Royal Bank Of CanadaLower Price TargetOutperform$12.00 -> $11.00View Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$14.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Nabors Industries (NYSE:NBR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017Q416($0.33)$543.04 millionN/AView Earnings Details
10/25/2016Q316($0.34)($0.35)$543.48 million$519.70 millionViewN/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)

Estimates

Earnings Estimates for Nabors Industries (NYSE:NBR)
Current Year EPS Consensus Estimate: $-1.33 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($0.38)($0.24)($0.33)
Q1 20175($0.33)($0.30)($0.31)
Q2 20175($0.32)($0.24)($0.27)
Q3 20175($0.29)($0.19)($0.22)
Q4 20175($0.25)($0.10)($0.17)
Q1 20182($0.17)($0.09)($0.13)
Q2 20182($0.14)($0.03)($0.09)
Q3 20182($0.12)$0.05($0.04)
Q4 20181($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nabors Industries (NYSE:NBR)
Annual Dividend:$0.24
Dividend Yield:1.57%
Dividend Growth:4.00% (3 Year Average)
Payout Ratio:-7.92% (Based on Trailing 12 Months of Earnings)
-18.05% (Based on Current Year Consensus EPS Estimate)
-25.26% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Nabors Industries (NYSE:NBR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/28/2016$0.0612/12/201612/14/20161/17/2017
11/1/2016quarterly$0.062.03%12/12/201612/14/20161/4/2017
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: 93.88%
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 IconThe Statistics Don't Lie: Nabors Industries Ltd. (NYSE:NBR) Earnings Screen (NYSE:NBR)
nyhetsbanken.info - February 19 at 5:49 PM
News IconPast 3 Quarter Analysis for Nabors Industries Ltd. (NYSE:NBR) (NYSE:NBR)
www.graffiotech.com - February 18 at 5:57 PM
News IconAnalyst Hints Surrounding Nabors Industries Ltd. (NBR) (NYSE:NBR)
fairydetox.org - February 18 at 5:57 PM
us.rd.yahoo.com logoWill Upstream Operators’ Capex Affect Nabors’ 4Q16 Margin? (NYSE:NBR)
us.rd.yahoo.com - February 18 at 11:21 AM
us.rd.yahoo.com logoWhat Nabors Industries’ Implied Volatility Suggests (NYSE:NBR)
us.rd.yahoo.com - February 18 at 11:21 AM
biz.yahoo.com logoNABORS INDUSTRIES LTD Files SEC form 8-K, Other Events (NYSE:NBR)
biz.yahoo.com - February 18 at 11:21 AM
News IconInvestor Guide: Check on Technical Levels for Nabors Industries Ltd. (NBR) - Baldwin Journal (NYSE:NBR)
baldwinjournal.com - February 17 at 5:09 PM
News IconFuel pushes wholesale inflation to 2.5-year high (NYSE:NBR)
ekosvoice.com - February 16 at 6:20 PM
News IconImpact of Brokerage Rating on Nabors Industries Ltd.(NBR) (NYSE:NBR)
latribunadecanarias.com - February 16 at 6:20 PM
marketrealist.com logoWhat Analysts Expect from Nabors’ 4Q16 Earnings (NYSE:NBR)
marketrealist.com - February 16 at 6:20 PM
marketrealist.com logoThese Key Factors Affected Nabors Industries in 3Q16 (NYSE:NBR)
marketrealist.com - February 16 at 6:20 PM
marketrealist.com logoWhat Are Nabors Industries’ Long-Term Strategies? (NYSE:NBR)
marketrealist.com - February 16 at 6:20 PM
marketrealist.com logoWill Rig Count Affect Nabors Industries in 4Q16? (NYSE:NBR)
marketrealist.com - February 16 at 6:20 PM
News IconYesterday Share's Trend Overview: HP Inc., Nabors Industries Ltd. (NYSE:NBR)
xboxonezone.com - February 14 at 9:20 PM
News IconNabors Industries Ltd. (NBR) likely to see 4% move on its earnings reaction day - Post Analyst (NYSE:NBR)
postanalyst.com - February 10 at 5:51 AM
marketrealist.com logoInside Tidewater’s Fiscal 3Q17 Performance by Segment (NYSE:NBR)
marketrealist.com - February 9 at 7:48 PM
us.rd.yahoo.com logoNabors’ Alliance with Weatherford: How Did the Market Respond? (NYSE:NBR)
us.rd.yahoo.com - February 6 at 6:50 PM
us.rd.yahoo.com logoAnalyzing Nabors Industries’ Implied Volatility (NYSE:NBR)
us.rd.yahoo.com - February 6 at 6:50 PM
us.rd.yahoo.com logoHas Short Interest in Nabors Increased since 3Q16? (NYSE:NBR)
us.rd.yahoo.com - February 6 at 6:50 PM
News IconStock to Watch: Steel Dynamics, Inc. (NASDAQ:STLD), Nabors ... - The Newburgh Press (NYSE:NBR)
newburghpress.com - February 2 at 7:39 PM
streetinsider.com logoNabors Industries (NBR), Weatherford (WFT) Enter Alliance for Integrated Drilling Solutions - StreetInsider.com (NYSE:NBR)
www.streetinsider.com - February 2 at 7:39 PM
fool.com logoHere's Why Weatherford International Plc's Stock is Jumping Today (NYSE:NBR)
www.fool.com - February 2 at 7:39 PM
blogs.barrons.com logoWeatherford International: Underweight Thesis Intact?!?! (NYSE:NBR)
blogs.barrons.com - February 2 at 7:39 PM
bizjournals.com logoWeatherford discloses more job cuts, teams up with Nabors (NYSE:NBR)
www.bizjournals.com - February 2 at 7:39 PM
News IconTop Performer of the day: Nabors Industries Ltd. (NYSE:NBR) (NYSE:NBR)
prensariotiretail.com - February 2 at 12:53 AM
streetinsider.com logoNabors Industries (NBR), Weatherford (WFT) Enter Alliance for Integrated Drilling Solutions (NYSE:NBR)
www.streetinsider.com - February 1 at 7:51 PM
News IconEngineers Gate Manager LP Lowered Its Nabors Industries LTD (NBR) Position by $3.78 Million; Shares Rose (NYSE:NBR)
randolphguide.com - February 1 at 7:51 PM
finance.yahoo.com logoWeatherford and Nabors Form Alliance for Integrated Drilling Solutions (NYSE:NBR)
finance.yahoo.com - February 1 at 7:51 PM
finance.yahoo.com logoNabors and Weatherford Form Alliance for Integrated Drilling Solutions (NYSE:NBR)
finance.yahoo.com - February 1 at 7:51 PM
realistinvestor.com logoNabors Industries Ltd. (NYSE:NBR) Analysts Rating At 1.42 - RealistInvestor.com (NYSE:NBR)
www.realistinvestor.com - February 1 at 6:24 AM
News IconQuarterly Sales Analysis of Nabors Industries Ltd. (NYSE:NBR) (NYSE:NBR)
flapship.com - February 1 at 12:42 AM
marketrealist.com logoWall Street’s Forecasts for PTEN before 4Q16 Earnings (NYSE:NBR)
marketrealist.com - January 31 at 7:41 PM
capitalcube.com logoNabors Industries Ltd. breached its 50 day moving average in a Bearish Manner : NBR-US : January 30, 2017 (NYSE:NBR)
www.capitalcube.com - January 30 at 9:28 AM
News IconTechnical Review on Shares of Nabors Industries Ltd. (NBR) - Sherwood Daily (NYSE:NBR)
sherwooddaily.com - January 28 at 6:52 PM
fool.com logoHelmerich & Payne, Inc.'s Best Moves in 2016 (NYSE:NBR)
www.fool.com - January 28 at 2:25 AM
4-traders.com logoNabors Industries : Oil & Gas Stocks Under Review -- SeaDrill, Petroleo Brasileiro, Ensco, and Nabors Industries (NYSE:NBR)
www.4-traders.com - January 26 at 11:03 PM
News IconWhat is the Street Saying About Nabors Industries Ltd. (NYSE:NBR)? - Aiken Advocate (NYSE:NBR)
aikenadvocate.com - January 25 at 1:00 AM
News IconEarnings in Full Force, Analysts Take Aim at Nabors Industries Ltd. (NYSE:NBR) - Wall Street Beacon (NYSE:NBR)
wsbeacon.com - January 24 at 7:13 AM
realistinvestor.com logoAnalysts Rating Of Nabors Industries Ltd. (NYSE:NBR) At 1.47 (NYSE:NBR)
www.realistinvestor.com - January 23 at 7:05 PM
us.rd.yahoo.com logoNabors Industries Ltd. Fourth Quarter 2016 Earnings Conference Call Invitation (NYSE:NBR)
us.rd.yahoo.com - January 20 at 7:33 PM
News IconNabors Industries Ltd. (NYSE:NBR) shows weekly volitility of 3.28% (NYSE:NBR)
vgtoday.net - January 19 at 12:23 AM
News IconNabors Industries Ltd. (NBR) is Initiated by SunTrust to Buy - Highland Mirror (NYSE:NBR)
www.highlandmirror.com - January 18 at 7:21 PM
finance.yahoo.com logoCoverage initiated on Nabors Industries by SunTrust (NYSE:NBR)
finance.yahoo.com - January 18 at 7:21 PM
News IconWill The Needle Move For Nabors Industries Ltd. (NYSE:NBR) Shares This Earnings Season? - Wall Street Beacon (NYSE:NBR)
wsbeacon.com - January 18 at 7:54 AM
News IconFirms & Funds Reinforcing Their Perception of Nabors Industries Ltd. (NYSE:NBR) - Wall Street Beacon (NYSE:NBR)
wsbeacon.com - January 18 at 7:54 AM
realistinvestor.com logoNabors Industries Ltd. (NYSE:NBR) Analysts Rating At 1.5 (NYSE:NBR)
www.realistinvestor.com - January 16 at 7:17 PM
News IconWhat are Analysts report about: Nabors Industries Ltd. (NYSE:NBR) (NYSE:NBR)
flapship.com - January 15 at 4:56 AM
News IconNabors Industries Ltd. (NYSE:NBR) has industry P/E ratio of 0.75 - The Newburgh Press (NYSE:NBR)
newburghpress.com - January 14 at 1:08 AM
biz.yahoo.com logoNABORS INDUSTRIES LTD Files SEC form 8-K, Entry into a Material Definitive Agreement, Unregistered Sale of Equity Sec (NYSE:NBR)
us.rd.yahoo.com - January 11 at 7:22 PM
moodys.com logoNabors Industries Inc. -- Moody's rates Nabors' exchangeable notes Ba2 (NYSE:NBR)
www.moodys.com - January 10 at 7:37 PM

Social

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 declared a dividend on Friday, October 28th. Investors of record on Wednesday, December 14th will be paid a dividend of $0.06 per share on Tuesday, January 17th. The ex-dividend date is Monday, December 12th.

Where is Nabors Industries' stock going? Where will Nabors Industries' stock price be in 2017?

27 analysts have issued twelve-month price targets for Nabors Industries' stock. Their forecasts range from $7.00 to $21.00. On average, they anticipate Nabors Industries' share price to reach $14.33 in the next twelve months.

When will Nabors Industries announce their earnings?

Nabors Industries is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

Who owns Nabors Industries stock?

Nabors Industries' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.59%), Van ECK Associates Corp (5.76%), State Street Corp (2.86%), Discovery Capital Management LLC CT (2.67%), FMR LLC (2.57%) and TCW Group Inc. (1.87%).

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 Renaissance Technologies LLC, GLG Partners LP, Ardevora Asset Management LLP, Oceanic Investment Management LTD, FMR LLC, Systematic Financial Management LP, State Street Corp and Comerica Bank.

Who bought Nabors Industries stock? Who is buying Nabors Industries stock?

Nabors Industries' stock was acquired by a variety of institutional investors in the last quarter, including Discovery Capital Management LLC CT, Allianz Asset Management AG, AQR Capital Management LLC, Federated Investors Inc. PA, Alyeska Investment Group L.P., Friess Associates LLC, Van ECK Associates Corp and Russell Investments Group Ltd..

How do I buy Nabors Industries stock?

Shares of Nabors Industries can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Nabors Industries stock cost?

One share of Nabors Industries stock can currently be purchased for approximately $15.31.

Nabors Industries (NYSE:NBR) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Nabors Industries (NYSE:NBR)

Earnings History Chart

Earnings by Quarter for Nabors Industries (NYSE:NBR)

Dividend History Chart

Dividend Payments by Quarter for Nabors Industries (NYSE:NBR)

Last Updated on 2/19/2017 by MarketBeat.com Staff