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

$2.02
-0.02 (-0.98 %)
(As of 06/17/2019 03:07 PM ET)
Today's Range
$1.98
Now: $2.02
$2.14
50-Day Range
$2.00
MA: $3.04
$3.92
52-Week Range
$1.81
Now: $2.02
$6.95
Volume8.94 million shs
Average Volume14.78 million shs
Market Capitalization$733.58 million
P/E RatioN/A
Dividend Yield1.96%
Beta2.43
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. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company offers equipment manufacturing, rig instrumentation, optimization software, and directional drilling services. Read More…

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
SectorOils/Energy
CUSIPG6359F10
Phone441-292-1510

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.05 billion
Cash Flow$1.4028 per share
Book Value$7.69 per share

Profitability

Net Income$-640,950,000.00

Miscellaneous

Employees15,000
Market Cap$733.58 million
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

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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 Wednesday, April 24th. Shareholders of record on Tuesday, June 11th will be given a dividend of $0.01 per share on Tuesday, July 2nd. This represents a $0.04 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Monday, June 10th. View Nabors Industries' Dividend History.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) announced its quarterly earnings results on Tuesday, April, 30th. The oil and gas company reported ($0.36) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by $0.11. The oil and gas company earned $809.31 million during the quarter, compared to analysts' expectations of $774.35 million. Nabors Industries had a negative return on equity of 14.79% and a negative net margin of 19.68%. Nabors Industries's quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.46) 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, July 30th 2019. View Earnings Estimates for Nabors Industries.

What price target have analysts set for NBR?

18 Wall Street analysts have issued 12 month target prices for Nabors Industries' shares. Their forecasts range from $2.75 to $12.00. On average, they expect Nabors Industries' share price to reach $7.1308 in the next twelve months. This suggests a possible upside of 249.5% from the stock's current price. View Analyst Price Targets for Nabors Industries.

What is the consensus analysts' recommendation for Nabors Industries?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 2 sell ratings, 7 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nabors Industries.

Has Nabors Industries been receiving favorable news coverage?

Press coverage about NBR stock has been trending somewhat positive on Monday, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nabors Industries earned a news impact score of 1.4 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories 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), Intelsat (I), Enterprise Products Partners (EPD), General Electric (GE), Micron Technology (MU), Transocean (RIG), Encana (ECA), Fossil Group (FOSL), AMC Entertainment (AMC) and First Data (FDC).

Who are Nabors Industries' key executives?

Nabors Industries' management team includes the folowing people:
  • Mr. Anthony G. Petrello, Chairman, Pres & CEO (Age 64)
  • Mr. William J. Restrepo, Chief Financial Officer (Age 60)
  • Mr. Mark D. Andrews, Corp. Sec. (Age 46)
  • Mr. R. Clark Wood, VP & Chief Accounting Officer (Age 47)
  • Mr. Sri Valleru, Chief Information & Procurement Officer and VP

Who are Nabors Industries' major shareholders?

Nabors Industries' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Parametric Portfolio Associates LLC (1.41%), Perella Weinberg Partners Capital Management LP (0.67%), Kennedy Capital Management Inc. (0.70%), Donald Smith & CO. Inc. (0.48%), First Trust Advisors LP (0.43%) and State of New Jersey Common Pension Fund D (0.34%). Company insiders that own Nabors Industries stock include John P Kotts, John Yearwood and Martin Walter. 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 New York State Common Retirement Fund, Donald Smith & CO. Inc., State of New Jersey Common Pension Fund D, Los Angeles Capital Management & Equity Research Inc., Mitchell Group Inc., Ibex Investors LLC, Wedge Capital Management L L P NC and Kennedy Capital Management Inc.. View Insider Buying and Selling for Nabors Industries.

Which institutional investors are buying Nabors Industries stock?

NBR stock was bought by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, First Trust Advisors LP, Systematic Financial Management LP, NumerixS Investment Technologies Inc, Perella Weinberg Partners Capital Management LP, Raymond James Financial Services Advisors Inc., Jaffetilchin Investment Partners LLC and Everence Capital Management Inc.. Company insiders that have bought Nabors Industries stock in the last two years include John P Kotts, John Yearwood and Martin Walter. 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 $2.04.

How big of a company is Nabors Industries?

Nabors Industries has a market capitalization of $740.85 million and generates $3.05 billion in revenue each year. The oil and gas company earns $-640,950,000.00 in net income (profit) each year or ($1.26) on an earnings per share basis. Nabors Industries employs 15,000 workers across the globe.View Additional Information About Nabors Industries.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  709 (Thanks for Voting!)
Underperform Votes:  736 (Thanks for Voting!)
Total Votes:  1,445
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 6/17/2019 by MarketBeat.com Staff

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