S&P 500   3,983.99 (+0.33%)
DOW   32,490.61 (+0.79%)
QQQ   308.04 (-0.92%)
AAPL   157.92 (-1.45%)
MSFT   275.68 (-1.74%)
META   201.67 (-2.11%)
GOOGL   101.98 (-3.28%)
AMZN   97.12 (-1.03%)
TSLA   190.99 (+0.30%)
NVDA   264.96 (-1.06%)
NIO   8.91 (-1.76%)
BABA   85.66 (-1.43%)
AMD   95.85 (-2.14%)
T   18.87 (+1.40%)
F   11.49 (-0.17%)
MU   59.87 (-2.11%)
CGC   1.89 (-0.79%)
GE   93.11 (+1.90%)
DIS   95.04 (+1.02%)
AMC   4.37 (-2.24%)
PFE   40.32 (-0.17%)
PYPL   73.41 (-0.64%)
NFLX   324.57 (-1.16%)
S&P 500   3,983.99 (+0.33%)
DOW   32,490.61 (+0.79%)
QQQ   308.04 (-0.92%)
AAPL   157.92 (-1.45%)
MSFT   275.68 (-1.74%)
META   201.67 (-2.11%)
GOOGL   101.98 (-3.28%)
AMZN   97.12 (-1.03%)
TSLA   190.99 (+0.30%)
NVDA   264.96 (-1.06%)
NIO   8.91 (-1.76%)
BABA   85.66 (-1.43%)
AMD   95.85 (-2.14%)
T   18.87 (+1.40%)
F   11.49 (-0.17%)
MU   59.87 (-2.11%)
CGC   1.89 (-0.79%)
GE   93.11 (+1.90%)
DIS   95.04 (+1.02%)
AMC   4.37 (-2.24%)
PFE   40.32 (-0.17%)
PYPL   73.41 (-0.64%)
NFLX   324.57 (-1.16%)
S&P 500   3,983.99 (+0.33%)
DOW   32,490.61 (+0.79%)
QQQ   308.04 (-0.92%)
AAPL   157.92 (-1.45%)
MSFT   275.68 (-1.74%)
META   201.67 (-2.11%)
GOOGL   101.98 (-3.28%)
AMZN   97.12 (-1.03%)
TSLA   190.99 (+0.30%)
NVDA   264.96 (-1.06%)
NIO   8.91 (-1.76%)
BABA   85.66 (-1.43%)
AMD   95.85 (-2.14%)
T   18.87 (+1.40%)
F   11.49 (-0.17%)
MU   59.87 (-2.11%)
CGC   1.89 (-0.79%)
GE   93.11 (+1.90%)
DIS   95.04 (+1.02%)
AMC   4.37 (-2.24%)
PFE   40.32 (-0.17%)
PYPL   73.41 (-0.64%)
NFLX   324.57 (-1.16%)
S&P 500   3,983.99 (+0.33%)
DOW   32,490.61 (+0.79%)
QQQ   308.04 (-0.92%)
AAPL   157.92 (-1.45%)
MSFT   275.68 (-1.74%)
META   201.67 (-2.11%)
GOOGL   101.98 (-3.28%)
AMZN   97.12 (-1.03%)
TSLA   190.99 (+0.30%)
NVDA   264.96 (-1.06%)
NIO   8.91 (-1.76%)
BABA   85.66 (-1.43%)
AMD   95.85 (-2.14%)
T   18.87 (+1.40%)
F   11.49 (-0.17%)
MU   59.87 (-2.11%)
CGC   1.89 (-0.79%)
GE   93.11 (+1.90%)
DIS   95.04 (+1.02%)
AMC   4.37 (-2.24%)
PFE   40.32 (-0.17%)
PYPL   73.41 (-0.64%)
NFLX   324.57 (-1.16%)
NYSE:NBR

Nabors Industries - NBR Stock Forecast, Price & News

$115.20
+6.84 (+6.31%)
(As of 03/27/2023 01:08 PM ET)
Add
Compare
Today's Range
$108.91
$115.20
50-Day Range
$107.56
$187.99
52-Week Range
$92.66
$207.67
Volume
59,092 shs
Average Volume
220,185 shs
Market Capitalization
$1.09 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$199.86

Nabors Industries MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
80.1% Upside
$199.86 Price Target
Short Interest
Healthy
5.50% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.30mentions of Nabors Industries in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
84.13%
From $14.49 to $26.68 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.64 out of 5 stars

Oils/Energy Sector

84th out of 242 stocks

Drilling Oil & Gas Wells Industry

2nd out of 10 stocks


NBR stock logo

About Nabors Industries (NYSE:NBR) Stock

Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It operates through the following business 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 states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada segment operates in land-based drilling rigs in Canada. The International segment focuses on 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 refers to the Canrig, which manufactures and sells top drives, catwalks, wrenches, draw works, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is h

Receive NBR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nabors Industries and its competitors with MarketBeat's FREE daily newsletter.

NBR Stock News Headlines

Helmerich & Payne Stock, A Lot More Upside Than Meets the Eye (NBR)
Massive investor benefits coming to HP, along with a revised prediction for higher oil prices pushing further alpha in the stock's target price.
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Brokerages Set Nabors Industries Ltd. (NYSE:NBR) PT at $199.86
7 Analysts Have This to Say About Nabors Industries
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Nabors Industries Drops 7% After Its Unit Prices $225 Mln Of Notes
Should Value Investors Buy Nabors Industries (NBR) Stock?
See More Headlines
Receive NBR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nabors Industries and its competitors with MarketBeat's FREE daily newsletter.

NBR Company Calendar

Last Earnings
10/26/2021
Today
3/27/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
Oil & Gas Drilling
CUSIP
G6359F10
Employees
12,000
Year Founded
1952

Price Target and Rating

Average Stock Price Forecast
$199.86
High Stock Price Forecast
$250.00
Low Stock Price Forecast
$155.00
Forecasted Upside/Downside
+84.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
$-350,260,000.00
Pretax Margin
-9.21%

Debt

Sales & Book Value

Annual Sales
$2.67 billion
Cash Flow
$44.23 per share
Book Value
$57.01 per share

Miscellaneous

Free Float
8,829,000
Market Cap
$1.03 billion
Optionable
Optionable
Beta
2.78

Social Links


Key Executives

  • Anthony G. PetrelloAnthony G. Petrello
    Chairman, President & Chief Executive Officer
  • William J. Restrepo
    Chief Financial Officer
  • Michael Rasmuson
    Chief Compliance Office, SVP & General Counsel
  • Jade Strong
    Chief Administrative Officer & Senior VP
  • Siggi Meissner
    President-Global Drilling & Engineering













NBR Stock - Frequently Asked Questions

Should I buy or sell Nabors Industries stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nabors Industries in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NBR shares. 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 NBR analyst ratings
or view top-rated stocks.

What is Nabors Industries' stock price forecast for 2023?

8 brokers have issued 12-month target prices for Nabors Industries' stock. Their NBR share price forecasts range from $155.00 to $250.00. On average, they anticipate the company's share price to reach $199.86 in the next year. This suggests a possible upside of 84.4% from the stock's current price.
View analysts price targets for NBR
or view top-rated stocks among Wall Street analysts.

How have NBR shares performed in 2023?

Nabors Industries' stock was trading at $154.87 at the start of the year. Since then, NBR stock has decreased by 30.0% and is now trading at $108.36.
View the best growth stocks for 2023 here
.

Are investors shorting Nabors Industries?

Nabors Industries saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 641,600 shares, a drop of 17.2% from the February 13th total of 775,000 shares. Based on an average daily trading volume, of 176,500 shares, the short-interest ratio is presently 3.6 days. Currently, 7.2% of the company's stock are sold short.
View Nabors Industries' Short Interest
.

When is Nabors Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our NBR earnings forecast
.

How were Nabors Industries' earnings last quarter?

Nabors Industries Ltd. (NYSE:NBR) released its quarterly earnings data on Tuesday, October, 26th. The oil and gas company reported ($15.79) earnings per share for the quarter, missing analysts' consensus estimates of ($12.90) by $2.89. The oil and gas company earned $524.37 million during the quarter, compared to analysts' expectations of $503.63 million. Nabors Industries had a negative net margin of 13.13% and a negative trailing twelve-month return on equity of 42.14%. During the same period in the previous year, the company earned ($22.81) EPS.

When did Nabors Industries' stock split?

Shares of Nabors Industries reverse split on the morning of 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 stock prior to the reverse split would have 2 shares after the split.

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

172 employees have rated Nabors Industries Chief Executive Officer Anthony G. Petrello on Glassdoor.com. Anthony G. Petrello has an approval rating of 61% among the company's 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 retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (3.67%), Dimensional Fund Advisors LP (2.95%), Geode Capital Management LLC (1.70%), Charles Schwab Investment Management Inc. (1.67%), Morgan Stanley (1.52%) and Millennium Management LLC (1.24%).
View institutional ownership trends
.

How do I buy shares of Nabors Industries?

Shares of NBR stock 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 $108.36.

How much money does Nabors Industries make?

Nabors Industries (NYSE:NBR) has a market capitalization of $1.03 billion and generates $2.67 billion in revenue each year. The oil and gas company earns $-350,260,000.00 in net income (profit) each year or ($41.59) on an earnings per share basis.

How many employees does Nabors Industries have?

The company employs 12,000 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.
Read More
How can I contact Nabors Industries?

Nabors Industries' mailing address is 4 PAR-LA-VILLE ROAD SECOND FLOOR CROWN HOUSE, HAMILTON D0, HM08. The official website for the company is www.nabors.com. The oil and gas company can be reached via phone at (441) 292-1510, via email at mark.andrews@nabors.com, or via fax at 441-292-1334.

This page (NYSE:NBR) was last updated on 3/27/2023 by MarketBeat.com Staff