S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:NBR

Nabors Industries Stock Forecast, Price & News

$79.03
+0.69 (+0.88%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$77.25
$80.22
50-Day Range
$75.12
$125.79
52-Week Range
$54.83
$133.61
Volume
106,428 shs
Average Volume
178,091 shs
Market Capitalization
$651.29 million
P/E Ratio
N/A
Dividend Yield
N/A
Beta
3.44
30 days | 90 days | 365 days | Advanced Chart
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Nabors Industries logo

About Nabors Industries

Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower 48 states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses in maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment comprises Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

Headlines

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Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Oil & Gas Drilling
CUSIP
G6359F10
Employees
10,000
Year Founded
1952

Sales & Book Value

Annual Sales
$2.14 billion
Cash Flow
$31.24 per share
Book Value
$101.18 per share

Profitability

Net Income
$-805.64 million
Pretax Margin
-24.05%

Debt

Price-To-Earnings

Miscellaneous

Free Float
7,789,000
Market Cap
$651.29 million
Optionable
Optionable

Company Calendar

Last Earnings
10/26/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

Social Links


MarketRank

Overall MarketRank

2.04 out of 5 stars

Oils/Energy Sector

154th out of 349 stocks

Drilling Oil & Gas Wells Industry

4th out of 16 stocks

Analyst Opinion: 3.0Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












Nabors Industries (NYSE:NBR) Frequently Asked Questions

Is Nabors Industries a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Nabors Industries stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NBR, but not buy additional shares or sell existing shares.
View analyst ratings for Nabors Industries
or view top-rated stocks.

How has Nabors Industries' stock been impacted by Coronavirus (COVID-19)?

Nabors Industries' stock was trading at $0.3966 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NBR stock has increased by 19,826.9% and is now trading at $79.03.
View which stocks have been most impacted by COVID-19
.

When is Nabors Industries' next earnings date?

Nabors Industries is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Nabors Industries
.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) posted its quarterly earnings results on Tuesday, October, 26th. The oil and gas company reported ($15.79) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($12.90) by $2.89. The oil and gas company had revenue of $524.37 million for the quarter, compared to analyst estimates of $503.63 million. Nabors Industries had a negative trailing twelve-month return on equity of 51.87% and a negative net margin of 29.33%. During the same period in the prior year, the firm posted ($22.81) earnings per share.
View Nabors Industries' earnings history
.

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

Shares of Nabors Industries reverse split before market open on 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?

4 brokers have issued 12 month target prices for Nabors Industries' stock. Their forecasts range from $100.00 to $115.00. On average, they expect Nabors Industries' stock price to reach $105.00 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
View analysts' price targets for Nabors Industries
or view top-rated stocks among Wall Street analysts.

Who are Nabors Industries' key executives?

Nabors Industries' management team includes the following people:
  • Anthony G. Petrello, Chairman, President & Chief Executive Officer
  • Travis Purvis, Senior Vice President-Global Operations
  • William J. Restrepo, Chief Financial Officer
  • Michael Rasmuson, Chief Compliance Officer, SVP & General Counsel
  • Jade Strong, Chief Administrative Officer & Senior VP

What is Anthony G. Petrello's approval rating as Nabors Industries' CEO?

172 employees have rated Nabors Industries CEO Anthony G. Petrello on Glassdoor.com. Anthony G. Petrello has an approval rating of 61% among Nabors Industries' employees. This puts Anthony G. Petrello in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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).

What is Nabors Industries' stock symbol?

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

Who are Nabors Industries' major shareholders?

Nabors Industries' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.40%), Van ECK Associates Corp (6.92%), Dimensional Fund Advisors LP (2.83%), Geode Capital Management LLC (1.80%), Allianz Asset Management GmbH (1.76%) and Goldman Sachs Group Inc. (1.40%).
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 Invesco Ltd., UBS Group AG, Dimensional Fund Advisors LP, Hudson Bay Capital Management LP, Van ECK Associates Corp, Citadel Advisors LLC, Geode Capital Management LLC, and Connor Clark & Lunn Investment Management Ltd..
View insider buying and selling activity for Nabors Industries
or view top insider-selling stocks.

Which institutional investors are buying Nabors Industries stock?

NBR stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Allianz Asset Management GmbH, Healthcare of Ontario Pension Plan Trust Fund, Morgan Stanley, Blueshift Asset Management LLC, EMG Holdings L.P., SG Americas Securities LLC, and Two Sigma Investments LP.
View insider buying and selling activity for Nabors Industries
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nabors Industries' stock price today?

One share of NBR stock can currently be purchased for approximately $79.03.

How much money does Nabors Industries make?

Nabors Industries has a market capitalization of $651.29 million and generates $2.14 billion in revenue each year. The oil and gas company earns $-805.64 million in net income (profit) each year or ($78.99) on an earnings per share basis.

How many employees does Nabors Industries have?

Nabors Industries employs 10,000 workers across the globe.

Does Nabors Industries have any subsidiaries?

The following companies are subsidiares of Nabors Industries: Nabors Blue Shield Ltd., Nabors Drilling Holdings Inc., Nabors Drilling International Limited, Nabors Drilling Technologies USA Inc., Nabors Global Holdings II Ltd., Nabors Global Holdings Limited, Nabors Holdings Ltd., Nabors Industries Inc., Nabors International Finance Inc., Nabors International Management Limited, Nabors International Netherlands B.V., Nabors Lux 2 S.a.r.l., Nabors Lux Finance 1 S.a.r.l., Nabors Yellow Reef Ltd., PetroMar Technologies Inc., Robotic Drilling Systems, Saudi Aramco Nabors Drilling Company, Superior Well Services, and Tesco.

When was Nabors Industries founded?

Nabors Industries was founded in 1952.

What is Nabors Industries' official website?

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

Where are Nabors Industries' headquarters?

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, via email at [email protected], or via fax at 441-292-1334.


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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