Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. More Details
Mediocre balance sheet and slightly overvalued.
Share Price & News
How has Nabors Industries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: NBR's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: NBR exceeded the US Energy Services industry which returned 40.4% over the past year.
Return vs Market: NBR exceeded the US Market which returned 36.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Nabors Industries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StWhat You Need To Know About Nabors Industries Ltd.'s (NYSE:NBR) Investor Composition
1 month ago | Simply Wall StWe Discuss Why Nabors Industries Ltd.'s (NYSE:NBR) CEO Compensation May Be Closely Reviewed
2 months ago | Simply Wall StEstimating The Intrinsic Value Of Nabors Industries Ltd. (NYSE:NBR)
Is Nabors Industries undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NBR ($87.24) is trading below our estimate of fair value ($90.6)
Significantly Below Fair Value: NBR is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: NBR is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: NBR is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate NBR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: NBR is good value based on its PB Ratio (0.6x) compared to the US Energy Services industry average (1.1x).
How is Nabors Industries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NBR is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: NBR is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: NBR is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: NBR's revenue (13.4% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: NBR's revenue (13.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NBR is forecast to be unprofitable in 3 years.
How has Nabors Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBR is currently unprofitable.
Growing Profit Margin: NBR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: NBR is unprofitable, but has reduced losses over the past 5 years at a rate of 0% per year.
Accelerating Growth: Unable to compare NBR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: NBR is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (27.1%).
Return on Equity
High ROE: NBR has a negative Return on Equity (-33.92%), as it is currently unprofitable.
How is Nabors Industries's financial position?
Financial Position Analysis
Short Term Liabilities: NBR's short term assets ($1.0B) exceed its short term liabilities ($490.8M).
Long Term Liabilities: NBR's short term assets ($1.0B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: NBR's debt to equity ratio (188.6%) is considered high.
Reducing Debt: NBR's debt to equity ratio has increased from 91.7% to 188.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NBR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NBR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23.7% per year.
What is Nabors Industries's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NBR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NBR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NBR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NBR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NBR is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NBR's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony Petrello (66 yo)
Mr. Anthony G. Petrello, also known as Tony, is President, Chief Executive Officer, Secretary and Director at Nabors Energy Transition Corp. since March 2021. He has been the Chief Executive Officer of Nab...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD17.54M) is above average for companies of similar size in the US market ($USD2.44M).
Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.
Experienced Management: NBR's management team is seasoned and experienced (5.6 years average tenure).
Experienced Board: NBR's board of directors are considered experienced (9.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.9%.
Nabors Industries Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Nabors Industries Ltd.
- Ticker: NBR
- Exchange: NYSE
- Founded: 1952
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: US$706.089m
- Shares outstanding: 8.09m
- Website: https://www.nabors.com
Number of Employees
- Nabors Industries Ltd.
- Crown House
- Second Floor
- HM 08
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, Int...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/24 00:41|
|End of Day Share Price||2021/07/23 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.