Nabors Industries Stock Forecast, Price & News

Nabors Industries (NYSE:NBR) Frequently Asked Questions

Is Nabors Industries a buy right now?

4 Wall Street equities 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 equities 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 COVID-19?

Nabors Industries' stock was trading at $0.3966 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NBR shares have increased by 22,222.2% and is now trading at $88.53.
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) announced its earnings results on Tuesday, October, 26th. The oil and gas company reported ($15.79) earnings per share (EPS) for the quarter, missing the consensus estimate of ($12.90) by $2.89. The oil and gas company had revenue of $524.37 million for the quarter, compared to analysts' expectations 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 previous year, the firm earned ($22.81) EPS.
View Nabors Industries' earnings history.

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

Nabors Industries's stock 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 market closes 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 analysts have issued twelve-month target prices for Nabors Industries' stock. Their forecasts range from $100.00 to $115.00. On average, they anticipate Nabors Industries' share price to reach $105.00 in the next year. This suggests a possible upside of 18.6% 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.

Who are some of Nabors Industries' key competitors?

Some companies that are related to Nabors Industries include Helmerich & Payne (HP), Valaris (VAL), Transocean (RIG), Baytex Energy (BTEGF), Patterson-UTI Energy (PTEN), HighPeak Energy (HPK), Oasis Midstream Partners (OMP), Precision Drilling (PDS), InPlay Oil (IPOOF), Borr Drilling (BORR), Petroteq Energy (PQEFF), Independence Contract Drilling (ICD), Western Energy Services (WEEEF), Seadrill (SDRLF) and Diamond Offshore Drilling (DOFSQ).
View all of NBR's 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).

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 number 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 bought 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.
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What is Nabors Industries' stock price today?

One share of NBR stock can currently be purchased for approximately $88.53.

How much money does Nabors Industries make?

Nabors Industries has a market capitalization of $729.58 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?

Nabors Industries is headquartered at 4 PAR-LA-VILLE ROAD SECOND FLOOR CROWN HOUSE, HAMILTON D0, HM08.

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.