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Nabors Industries NYSE:NBR Stock Report

Last Price

US$67.39

Market Cap

US$642.9m

7D

10.7%

1Y

-28.2%

Updated

23 Jun, 2024

Data

Company Financials +

NBR Stock Overview

Provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally.

NBR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Nabors Industries Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nabors Industries
Historical stock prices
Current Share PriceUS$67.39
52 Week HighUS$141.47
52 Week LowUS$59.90
Beta2.27
11 Month Change-7.65%
3 Month Change-23.47%
1 Year Change-28.18%
33 Year Change-41.76%
5 Year Change-53.52%
Change since IPO-46.09%

Recent News & Updates

Recent updates

These 4 Measures Indicate That Nabors Industries (NYSE:NBR) Is Using Debt Extensively

Jun 15
These 4 Measures Indicate That Nabors Industries (NYSE:NBR) Is Using Debt Extensively

Nabors: Window To Reduce Debt Is Narrowing

Jun 06

Investors Aren't Buying Nabors Industries Ltd.'s (NYSE:NBR) Revenues

May 27
Investors Aren't Buying Nabors Industries Ltd.'s (NYSE:NBR) Revenues

We Like These Underlying Return On Capital Trends At Nabors Industries (NYSE:NBR)

May 01
We Like These Underlying Return On Capital Trends At Nabors Industries (NYSE:NBR)

Are Investors Undervaluing Nabors Industries Ltd. (NYSE:NBR) By 36%?

Mar 16
Are Investors Undervaluing Nabors Industries Ltd. (NYSE:NBR) By 36%?

Nabors Industries Is A Buy Despite The Saudi Announcement

Feb 19

The Return Trends At Nabors Industries (NYSE:NBR) Look Promising

Jan 29
The Return Trends At Nabors Industries (NYSE:NBR) Look Promising

Nabors Industries: Debt Concerns Linger

Jan 13

Here's Why Nabors Industries (NYSE:NBR) Has A Meaningful Debt Burden

Jan 11
Here's Why Nabors Industries (NYSE:NBR) Has A Meaningful Debt Burden

Lacklustre Performance Is Driving Nabors Industries Ltd.'s (NYSE:NBR) Low P/S

Dec 19
Lacklustre Performance Is Driving Nabors Industries Ltd.'s (NYSE:NBR) Low P/S

Nabors Industries: Setting Up For Another Buying Opportunity

Nov 11

Nabors Industries: A Challenging Third Quarter

Oct 30

Nabors Industries (NYSE:NBR) Is Looking To Continue Growing Its Returns On Capital

Oct 26
Nabors Industries (NYSE:NBR) Is Looking To Continue Growing Its Returns On Capital

These 4 Measures Indicate That Nabors Industries (NYSE:NBR) Is Using Debt Extensively

Oct 03
These 4 Measures Indicate That Nabors Industries (NYSE:NBR) Is Using Debt Extensively

Nabors Industries: Domestic Drilling Activity Is Declining

Jul 31

Nabors Industries (NYSE:NBR) Is Doing The Right Things To Multiply Its Share Price

Jun 26
Nabors Industries (NYSE:NBR) Is Doing The Right Things To Multiply Its Share Price

Nabors Industries: Don't Worry Too Much About The U.S. Rig Count

May 30

Nabors Industries (NYSE:NBR) Takes On Some Risk With Its Use Of Debt

Mar 17
Nabors Industries (NYSE:NBR) Takes On Some Risk With Its Use Of Debt

Investors Will Want Nabors Industries' (NYSE:NBR) Growth In ROCE To Persist

Feb 24
Investors Will Want Nabors Industries' (NYSE:NBR) Growth In ROCE To Persist

Nabors Industries: A Decent Second Choice

Feb 09

Is Nabors Industries (NYSE:NBR) Using Debt Sensibly?

Dec 09
Is Nabors Industries (NYSE:NBR) Using Debt Sensibly?

Miller Value Partners - Nabors: A Significantly Mispriced Opportunity

Nov 08

Nabors Industries: A Positive Outlook For Demand Is Helping

Sep 06

Nabors Non-GAAP EPS of -$6.99 beats by $0.68, revenue of $631.77M beats by $18.95M

Aug 03

Is Nabors Industries (NYSE:NBR) Using Debt In A Risky Way?

Jul 13
Is Nabors Industries (NYSE:NBR) Using Debt In A Risky Way?

Nabors Industries: Still Overhang In The Market

Jun 21

Nabors Industries: Average Rig Counts Rising

Apr 30

Is Nabors Industries (NYSE:NBR) A Risky Investment?

Mar 26
Is Nabors Industries (NYSE:NBR) A Risky Investment?

Nabors Industries: Oil Prices Come To The Rescue

Feb 15

Nabors Industries: A Play For A Pivot To Drilling

Jan 06

Nabors Industries (NYSE:NBR) Has Debt But No Earnings; Should You Worry?

Dec 21
Nabors Industries (NYSE:NBR) Has Debt But No Earnings; Should You Worry?

Nabors Industries: A Disappointing Quarter

Oct 29

Nabors Industries: International Drilling Activity To The Rescue

Oct 20

Is Nabors Industries (NYSE:NBR) Using Debt In A Risky Way?

Aug 31
Is Nabors Industries (NYSE:NBR) Using Debt In A Risky Way?

Nabors Industries: Some Progress But More Needed

Jul 31

Nabors Industries SPAC files for IPO on NYSE

Jun 08

Shareholder Returns

NBRUS Energy ServicesUS Market
7D10.7%3.8%0.5%
1Y-28.2%12.6%23.7%

Return vs Industry: NBR underperformed the US Energy Services industry which returned 12.6% over the past year.

Return vs Market: NBR underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is NBR's price volatile compared to industry and market?
NBR volatility
NBR Average Weekly Movement7.2%
Energy Services Industry Average Movement5.6%
Market Average Movement5.7%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.8%

Stable Share Price: NBR's share price has been volatile over the past 3 months.

Volatility Over Time: NBR's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195212,000Tony Petrellowww.nabors.com

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies.

Nabors Industries Ltd. Fundamentals Summary

How do Nabors Industries's earnings and revenue compare to its market cap?
NBR fundamental statistics
Market capUS$642.92m
Earnings (TTM)-US$132.03m
Revenue (TTM)US$2.96b

0.2x

P/S Ratio

-4.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NBR income statement (TTM)
RevenueUS$2.96b
Cost of RevenueUS$1.77b
Gross ProfitUS$1.20b
Other ExpensesUS$1.33b
Earnings-US$132.03m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-13.84
Gross Margin40.38%
Net Profit Margin-4.46%
Debt/Equity Ratio197.3%

How did NBR perform over the long term?

See historical performance and comparison
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