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

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$3.80 -0.18 (-4.52 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$3.98
Today's Range$3.78 - $4.08
52-Week Range$1.81 - $8.86
Volume10.42 million shs
Average Volume12.12 million shs
Market Capitalization$1.36 billion
P/E RatioN/A
Dividend Yield1.01%
Beta2.3
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. It also provides patented steering systems and rig instrumentation software systems, including RigWatch Suite, a software, which turns rig site data into wellsite knowledge that help customers to track and trend drilling practices; REVit Software that eliminates stick slip; DrillSmart software that allows the drilling system to adapt operating parameters and drilling conditions; and ROCKit Software, a directional steering control system. 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, and downhole LWD tools. As of December 31, 2018, the company marketed approximately 384 rigs for land-based drilling operations in the United States and Canada, as well as in 18 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.

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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$1.4559 per share
Book Value$7.69 per share

Profitability

Net Income$-640,950,000.00

Miscellaneous

Employees15,000
Market Cap$1.36 billion
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable

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 announced a quarterly dividend on Friday, February 22nd. Stockholders of record on Tuesday, March 12th will be given a dividend of $0.01 per share on Tuesday, April 2nd. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.05%. The ex-dividend date of this dividend is Monday, March 11th. View Nabors Industries' Dividend History.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) announced its earnings results on Tuesday, February, 26th. The oil and gas company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.09. The oil and gas company earned $782.08 million during the quarter, compared to analyst estimates of $805.82 million. Nabors Industries had a negative return on equity of 13.75% and a negative net margin of 21.03%. The firm's quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.34) earnings per share. 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, April 30th 2019. 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, May 1st 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?

18 Wall Street analysts have issued 1-year price targets for Nabors Industries' stock. Their predictions range from $2.75 to $12.00. On average, they anticipate Nabors Industries' share price to reach $7.1308 in the next year. This suggests a possible upside of 87.7% 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?

News stories about NBR stock have trended positive recently, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nabors Industries earned a news sentiment score of 2.7 on InfoTrie's scale. They also gave news coverage about the oil and gas company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the near future.

Are investors shorting Nabors Industries?

Nabors Industries saw a decrease in short interest during the month of March. As of March 29th, there was short interest totalling 39,027,699 shares, a decrease of 8.5% from the March 15th total of 42,657,294 shares. Based on an average daily trading volume, of 8,626,591 shares, the days-to-cover ratio is currently 4.5 days. Currently, 12.1% of the company's shares are sold short. View Nabors Industries' Current Options Chain.

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), Micron Technology (MU), General Electric (GE), Transocean (RIG), Enterprise Products Partners (EPD), Fossil Group (FOSL), Cypress Semiconductor (CY), 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 retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.01%), E&G Advisors LP (0.01%) and Traynor Capital Management Inc. (0.00%). Company insiders that own Nabors Industries stock include John P Kotts, John Yearwood, Martin Walter and William J Restrepo. View Institutional Ownership Trends for Nabors Industries.

Which major investors are selling Nabors Industries stock?

NBR stock was sold by a variety of institutional investors in the last quarter, including Virtu Financial LLC and E&G Advisors LP. View Insider Buying and Selling for Nabors Industries.

Which major investors are buying Nabors Industries stock?

NBR stock was bought by a variety of institutional investors in the last quarter, including Traynor Capital Management Inc.. Company insiders that have bought Nabors Industries stock in the last two years include John P Kotts, John Yearwood, 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 $3.80.

How big of a company is Nabors Industries?

Nabors Industries has a market capitalization of $1.36 billion 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.

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:  700 (Vote Outperform)
Underperform Votes:  730 (Vote Underperform)
Total Votes:  1,430
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 4/20/2019 by MarketBeat.com Staff

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