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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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S&P 500   3,901.82
DOW   31,535.51
QQQ   323.59
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NYSE:NBR

Nabors Industries Stock Forecast, Price & News

$117.86
+6.85 (+6.17 %)
(As of 03/1/2021 12:00 AM ET)
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Today's Range
$113.54
Now: $117.86
$118.73
50-Day Range
$57.34
MA: $77.56
$111.01
52-Week Range
$9.79
Now: $117.86
$118.73
Volume200,907 shs
Average Volume285,165 shs
Market Capitalization$867.45 million
P/E RatioN/A
Dividend YieldN/A
Beta3.77
Nabors Industries Ltd. provides drilling and drilling-related services 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 tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; logging-while-drilling systems and services; and an optimization software. Its drilling tools include Acculine MWD tool for well-site handling; AccuSteer tool for downhole drilling dynamics measurements, and annular and bore pressure applications; and AccuMP MWD tool that provides accurate survey, gamma, and continuous inclination data; In addition, the company offers AccuWave, an electromagnetic MWD system for use in various drilling fluid environments; Navigator collaborative guidance and advisory platform that delivers automated directional drilling information and instructions; ROCKit, a directional steering control system; and REVit, an automated real time stick-slip mitigation system. 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, 2019, the company marketed approximately 366 rigs for land-based drilling operations in the United States and Canada, as well as in 16 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.
Nabors Industries logo

Headlines

Nabors Industries: Exponential Trajectory
March 1, 2021 |  seekingalpha.com
Nabors Industries (NBR) Q4 2020 Earnings Call Transcript
February 24, 2021 |  finance.yahoo.com
Nabors Announces Fourth Quarter 2020 Results
February 23, 2021 |  finance.yahoo.com
How to trade Nabors Industries $NBR With Risk Controls
January 22, 2021 |  marketwatch.com
Nabors Industries: Hoping For Better Days
December 29, 2020 |  seekingalpha.com
NBR Jan 2021 12.000 call
December 26, 2020 |  uk.finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryOil & Gas Drilling
CUSIPG6359F10
Phone441-292-1510
Employees14,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.05 billion
Cash Flow$120.27 per share
Book Value$282.07 per share

Profitability

Net Income$-702,890,000.00

Miscellaneous

Market Cap$867.45 million
Next Earnings Date5/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

1.04 out of 5 stars

Oils/Energy Sector

257th out of 668 stocks

Drilling Oil & Gas Wells Industry

7th out of 36 stocks

Analyst Opinion: 0.7Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
$117.86
+6.85 (+6.17 %)
(As of 03/1/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nabors Industries (NYSE:NBR) Frequently Asked Questions

Is Nabors Industries a buy right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last year. There are currently 8 sell ratings and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "sell" Nabors Industries stock.
View analyst ratings for Nabors Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Nabors Industries?

Wall Street analysts have given Nabors Industries a "Sell" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nabors Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Nabors Industries' next earnings date?

Nabors Industries is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Nabors Industries
.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) issued its quarterly earnings data on Tuesday, November, 3rd. The oil and gas company reported ($23.42) earnings per share for the quarter, beating the consensus estimate of ($24.63) by $1.21. The oil and gas company earned $437.61 million during the quarter, compared to analysts' expectations of $451.11 million. Nabors Industries had a negative net margin of 39.93% and a negative trailing twelve-month return on equity of 27.82%. During the same period last year, the company earned ($18.50) EPS.
View Nabors Industries' earnings history
.

How has Nabors Industries' stock price 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 29,617.6% and is now trading at $117.86.
View which stocks have been most impacted by COVID-19
.

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

Nabors Industries shares 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?

14 brokerages have issued 12-month price objectives for Nabors Industries' stock. Their forecasts range from $15.00 to $45.00. On average, they expect Nabors Industries' stock price to reach $27.79 in the next year. This suggests that the stock has a possible downside of 76.4%.
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:
  • Mr. Anthony G. Petrello, Chairman, Pres & CEO (Age 66, Pay $4.66M)
  • Mr. William J. Restrepo, Chief Financial Officer (Age 62, Pay $1.7M)
  • Mr. Mark D. Andrews, Corp. Sec. (Age 48, Pay $418.57k)
  • Mr. Travis Purvis, Sr. VP of Global Operations
  • Mr. R. Clark Wood, VP & Chief Accounting Officer (Age 49)
  • Mr. Sri Valleru, Sr. VP, Chief Information Officer & Chief Digital Officer
  • Ms. Jade Strong, Sr. VP & Chief Admin. Officer
  • Mr. Dennis A. Smith, Sr. VP of Corp. Devel. & Investor Relations
  • Mr. Michael Rasmuson, Sr. VP, Gen. Counsel & Chief Compliance Officer
  • Mr. Siggi Meissner, Pres of Global Drilling & Engineering

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?

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. (13.29%), Dimensional Fund Advisors LP (4.87%), Renaissance Technologies LLC (2.07%), Van ECK Associates Corp (2.28%), Wells Fargo & Company MN (2.17%) and Standard General L.P. (1.30%). Company insiders that own Nabors Industries stock include Tanya S Beder 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 Renaissance Technologies LLC, Dimensional Fund Advisors LP, Standard General L.P., BlackRock Inc., Engineers Gate Manager LP, Northern Trust Corp, Nuveen Asset Management LLC, and Bank of New York Mellon Corp.
View insider buying and selling activity for Nabors Industries
or view top insider-selling stocks.

Which major investors are buying Nabors Industries stock?

NBR stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Hsbc Holdings PLC, Voloridge Investment Management LLC, Van ECK Associates Corp, Nisa Investment Advisors LLC, Federated Hermes Inc., JPMorgan Chase & Co., and SG Americas Securities LLC. Company insiders that have bought Nabors Industries stock in the last two years include Tanya S Beder, and William J Restrepo.
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 $117.86.

How much money does Nabors Industries make?

Nabors Industries has a market capitalization of $867.45 million and generates $3.05 billion in revenue each year. The oil and gas company earns $-702,890,000.00 in net income (profit) each year or ($66.00) on an earnings per share basis.

How many employees does Nabors Industries have?

Nabors Industries employs 14,000 workers across the globe.

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 or via email at [email protected]


This page was last updated on 3/2/2021 by MarketBeat.com Staff

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