QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
QQQ   283.80 (-1.63%)
AAPL   115.98 (-2.55%)
MSFT   214.22 (-2.48%)
FB   261.40 (-1.70%)
GOOGL   1,529.95 (-2.41%)
AMZN   3,207.21 (-2.00%)
TSLA   430.83 (-2.01%)
NVDA   539.91 (-2.27%)
BABA   305.29 (-0.66%)
CGC   19.81 (+11.54%)
GE   7.29 (+0.00%)
MU   52.63 (+1.98%)
AMD   82.00 (-1.41%)
T   26.88 (-1.65%)
F   7.59 (-1.04%)
ACB   4.71 (+17.16%)
GILD   60.57 (-2.31%)
NFLX   530.72 (-0.01%)
BA   167.11 (-0.14%)
BAC   23.72 (-2.15%)
DIS   124.23 (-2.03%)
Log in
NYSE:NBR

Nabors Industries Stock Forecast, Price & News

$27.13
-0.30 (-1.09 %)
(As of 10/19/2020 12:00 AM ET)
Add
Compare
Today's Range
$26.83
Now: $27.13
$28.83
50-Day Range
$23.34
MA: $29.78
$40.86
52-Week Range
$9.79
Now: $27.13
$167.50
Volume353,937 shs
Average Volume610,267 shs
Market Capitalization$227.51 million
P/E RatioN/A
Dividend YieldN/A
Beta3.33
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. It operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company offers tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; logging-while-drilling systems and services; and an optimization software. Its drilling tools include Acculine MWD tool for well-site handling; AccuSteer tool for downhole drilling dynamics measurements, and annular and bore pressure applications; and AccuMP MWD tool that provides accurate survey, gamma, and continuous inclination data; In addition, the company offers AccuWave, an electromagnetic MWD system for use in various drilling fluid environments; Navigator collaborative guidance and advisory platform that delivers automated directional drilling information and instructions; ROCKit, a directional steering control system; and REVit, an automated real time stick-slip mitigation system. Further, it manufactures and sells top drives, catwalks, wrenches, draw works, and other drilling related equipment, such as robotic systems and downhole tools; and provides automated tubular and tool handling equipment. As of December 31, 2019, the company marketed approximately 366 rigs for land-based drilling operations in the United States and Canada, as well as in 16 other countries worldwide; and 33 rigs for offshore drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is headquartered in Hamilton, Bermuda.
Read More
Nabors Industries logo

Beat the Market (BTM) Rank

Analyst Opinion: 2.7Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.47 out of 5 stars

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
CUSIPG6359F10
Phone441-292-1510
Employees14,000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.05 billion
Cash Flow$61.66 per share
Book Value$282.07 per share

Profitability

Net Income$-702,890,000.00

Miscellaneous

Market Cap$227.51 million
Next Earnings Date10/29/2020 (Confirmed)
OptionableOptionable
$27.13
-0.30 (-1.09 %)
(As of 10/19/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive NBR News and Ratings via Email

Sign-up to receive the latest news and ratings for NBR and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Nabors Industries (NYSE:NBR) Frequently Asked Questions

How has Nabors Industries' stock been impacted by Coronavirus?

Nabors Industries' stock was trading at $0.3966 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NBR shares have increased by 6,740.6% and is now trading at $27.13.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Nabors Industries?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 11 sell ratings and 7 hold ratings for the stock, resulting in a consensus recommendation of "Sell."
View analyst ratings for Nabors Industries
.

When is Nabors Industries' next earnings date?

Nabors Industries is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Nabors Industries
.

How can I listen to Nabors Industries' earnings call?

Nabors Industries will be holding an earnings conference call on Thursday, October 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) issued its earnings results on Tuesday, July, 28th. The oil and gas company reported ($14.45) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($26.40) by $11.95. The oil and gas company earned $535.97 million during the quarter, compared to analyst estimates of $540.71 million. Nabors Industries had a negative net margin of 33.84% and a negative return on equity of 21.14%.
View Nabors Industries' earnings history
.

How often does Nabors Industries pay dividends? What is the dividend yield for Nabors Industries?

Nabors Industries announced a quarterly dividend on Thursday, February 20th. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.50 per share on Thursday, April 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 7.37%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a boost from Nabors Industries's previous quarterly dividend of $0.01.
View Nabors Industries' dividend history
.

When did Nabors Industries' stock split? How did Nabors Industries' stock split work?

Nabors Industries shares reverse split on the morning of Thursday, April 23rd 2020. The 1-50 reverse split was announced on Monday, April 20th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, April 22nd 2020. An investor that had 100 shares of Nabors Industries stock prior to the reverse split would have 2 shares after the split.

What price target have analysts set for NBR?

18 equities research analysts have issued twelve-month price objectives for Nabors Industries' shares. Their forecasts range from $15.00 to $125.00. On average, they expect Nabors Industries' share price to reach $51.77 in the next year. This suggests a possible upside of 90.8% from the stock's current price.
View analysts' price targets for Nabors Industries
.

Who are some of Nabors Industries' key competitors?

What other stocks do shareholders of Nabors Industries own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nabors Industries investors own include Bank of America (BAC), General Electric (GE), Enterprise Products Partners (EPD), Transocean (RIG), Micron Technology (MU), Marathon Oil (MRO), Intelsat (I), AT&T (T), Whiting Petroleum (WLL) and Ford Motor (F).

Who are Nabors Industries' key executives?

Nabors Industries' management team includes the following people:
  • Mr. Anthony G. Petrello, Chairman, Pres & CEO (Age 65, Pay $4.66M)
  • Mr. William J. Restrepo, Chief Financial Officer (Age 61, Pay $1.7M)
  • Mr. Mark D. Andrews, Corp. Sec. (Age 47, Pay $418.57k)
  • Mr. Travis Purvis, Sr. VP of Global Operations
  • Mr. R. Clark Wood, VP & Chief Accounting Officer (Age 48)
  • Mr. Sri Valleru, Sr. VP, Chief Information Officer & Chief Digital Officer
  • Ms. Jade Strong, Sr. VP & Chief Admin. Officer
  • Mr. Dennis A. Smith, Sr. VP of Corp. Devel. & Investor Relations
  • Mr. Michael Rasmuson, Sr. VP, Gen. Counsel & Chief Compliance Officer
  • Mr. Donald Prejean, Sr. VP of Canrig Operations

What is Nabors Industries' stock symbol?

Nabors Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "NBR."

How do I buy shares of Nabors Industries?

Shares of NBR 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, Robinhood, Fidelity, and Charles Schwab.

What is Nabors Industries' stock price today?

One share of NBR stock can currently be purchased for approximately $27.13.

How big of a company is Nabors Industries?

Nabors Industries has a market capitalization of $227.51 million and generates $3.05 billion in revenue each year. The oil and gas company earns $-702,890,000.00 in net income (profit) each year or ($66.00) on an earnings per share basis. Nabors Industries employs 14,000 workers across the globe.

What is Nabors Industries' official website?

The official website for Nabors Industries is www.nabors.com.

How can I contact Nabors Industries?

Nabors Industries' mailing address is 4 PAR-LA-VILLE ROAD SECOND FLOOR CROWN HOUSE, HAMILTON D0, HM08. The oil and gas company can be reached via phone at 441-292-1510 or via email at [email protected]

This page was last updated on 10/19/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.