NYSE:NBR - Nabors Industries Stock Price, News, & Analysis

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$5.98 -0.05 (-0.83 %)
(As of 10/19/2018 04:00 PM ET)
Previous Close$6.03
Today's Range$5.97 - $6.20
52-Week Range$5.32 - $8.86
Volume264,107 shs
Average Volume11.51 million shs
Market Capitalization$2.23 billion
P/E Ratio-3.70
Dividend Yield3.84%
Beta1.63
Nabors Industries Ltd. provides drilling and drilling-related services and technologies for land-based and offshore oil and natural gas wells. It operates through five segments: U.S., Canada, International, Drilling Solutions, and Rig Technologies. The company offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services. It also provides patented steering systems and rig instrumentation software systems, including ROCKIT directional drilling system that offers data collection services to oil and gas exploration and service companies; REVit control system, a stick slip mitigation system; RIGWATCH software, which monitors a rig's real-time performance and provides daily reporting for drilling operations; and DrillSmart software that allows the drilling system to adapt operating parameters and drilling conditions. In addition, the company offers measurement while drilling (MWD) systems and services, such as AccuMP mud pulse MWD system, which is designed to address the various MWD reliability issues; AccuWave collar mounted Electromagnetic MWD system that addresses the needs of the land market through the technology and design techniques; and Nabors' AccuSteer Measurement While Drilling (M/LWD) Suite, which is a premier dynamics evaluation MWD system for performance drilling with integrated advanced geosteering measurements. 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, 2017, the company marketed approximately 407 rigs for land-based drilling operations in the United States and Canada, as well as in 20 other countries worldwide; and 38 rigs for offshore drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is headquartered in Hamilton, Bermuda.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
SymbolNYSE:NBR
CUSIPG6359F10
Phone441-292-1510

Debt

Debt-to-Equity Ratio1.24
Current Ratio2.04
Quick Ratio1.84

Price-To-Earnings

Trailing P/E Ratio-3.70
Forward P/E Ratio-6.23
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.57 billion
Price / Sales0.83
Cash Flow$1.2154 per share
Price / Cash4.92
Book Value$9.25 per share
Price / Book0.65

Profitability

EPS (Most Recent Fiscal Year)($1.63)
Net Income$-546,810,000.00
Net Margins-21.21%
Return on Equity-14.97%
Return on Assets-5.29%

Miscellaneous

Employees15,000
Outstanding Shares357,460,000
Market Cap$2.23 billion

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 declared a quarterly dividend on Friday, July 27th. Stockholders of record on Tuesday, September 11th will be given a dividend of $0.06 per share on Tuesday, October 2nd. This represents a $0.24 dividend on an annualized basis and a dividend yield of 4.01%. The ex-dividend date is Monday, September 10th. View Nabors Industries' Dividend History.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) posted its quarterly earnings results on Tuesday, July, 31st. The oil and gas company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.24) by $0.15. The oil and gas company earned $761.92 million during the quarter, compared to the consensus estimate of $755.76 million. Nabors Industries had a negative net margin of 21.21% and a negative return on equity of 14.97%. Nabors Industries's quarterly revenue was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.41) EPS. View Nabors Industries' Earnings History.

When is Nabors Industries' next earnings date?

Nabors Industries is scheduled to release their next quarterly earnings announcement on Tuesday, October 30th 2018. View Earnings Estimates for Nabors Industries.

How can I listen to Nabors Industries' earnings call?

Nabors Industries will be holding an earnings conference call on Wednesday, October 24th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8883176003.

What price target have analysts set for NBR?

17 brokers have issued twelve-month price targets for Nabors Industries' shares. Their predictions range from $7.00 to $12.00. On average, they anticipate Nabors Industries' stock price to reach $9.1250 in the next twelve months. This suggests a possible upside of 52.3% from the stock's current price. View Analyst Price Targets for Nabors Industries.

What is the consensus analysts' recommendation for Nabors Industries?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 4 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nabors Industries.

Are investors shorting Nabors Industries?

Nabors Industries saw a decrease in short interest in the month of September. As of September 28th, there was short interest totalling 49,800,390 shares, a decrease of 12.5% from the September 14th total of 56,905,203 shares. Based on an average trading volume of 11,866,085 shares, the short-interest ratio is currently 4.2 days. Approximately 15.3% of the shares of the stock are short sold. View Nabors Industries' Current Options Chain.

Who are some of Nabors Industries' key competitors?

Who are Nabors Industries' key executives?

Nabors Industries' management team includes the folowing people:
  • Mr. Anthony G. Petrello, Chairman, Pres & CEO (Age 63)
  • Mr. William J. Restrepo, Chief Financial Officer (Age 59)
  • Mr. Mark D. Andrews CA, CFA, Corp. Sec. (Age 45)
  • Mr. R. Clark Wood, VP & Chief Accounting Officer (Age 46)
  • Mr. Sri Valleru, Chief Information & Procurement Officer and VP

Who are Nabors Industries' major shareholders?

Nabors Industries' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (1.71%), State of New Jersey Common Pension Fund D (0.47%), Aperio Group LLC (0.10%), Viking Fund Management LLC (0.08%), Bank of Montreal Can (0.05%) and Jaffetilchin Investment Partners LLC (0.02%). Company insiders that own Nabors Industries stock include Martin Walter and William J Restrepo. View Institutional Ownership Trends for Nabors Industries.

Which institutional investors are selling Nabors Industries stock?

NBR stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can. View Insider Buying and Selling for Nabors Industries.

Which institutional investors are buying Nabors Industries stock?

NBR stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., State of New Jersey Common Pension Fund D, Viking Fund Management LLC, Aperio Group LLC, Vanguard Capital Wealth Advisors and Jaffetilchin Investment Partners LLC. Company insiders that have bought Nabors Industries stock in the last two years include Martin Walter and William J Restrepo. View Insider Buying and Selling for Nabors Industries.

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, Scottrade, Fidelity and Charles Schwab.

What is Nabors Industries' stock price today?

One share of NBR stock can currently be purchased for approximately $5.99.

How big of a company is Nabors Industries?

Nabors Industries has a market capitalization of $2.23 billion and generates $2.57 billion in revenue each year. The oil and gas company earns $-546,810,000.00 in net income (profit) each year or ($1.63) on an earnings per share basis. Nabors Industries employs 15,000 workers across the globe.

What is Nabors Industries' official website?

The official website for Nabors Industries is http://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]


MarketBeat Community Rating for Nabors Industries (NYSE NBR)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  654 (Vote Outperform)
Underperform Votes:  682 (Vote Underperform)
Total Votes:  1,336
MarketBeat's community ratings are surveys of what our community members think about Nabors Industries and other stocks. Vote "Outperform" if you believe NBR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NBR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/19/2018 by MarketBeat.com Staff

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