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Nabors Industries NYSE:NBR Stock Report

Last Price

US$53.77

Market Cap

US$513.4m

7D

-17.8%

1Y

-36.0%

Updated

22 Dec, 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. More details

NBR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for NBR from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Nabors Industries Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nabors Industries
Historical stock prices
Current Share PriceUS$53.77
52 Week HighUS$105.96
52 Week LowUS$53.45
Beta2.02
1 Month Change-30.44%
3 Month Change-23.72%
1 Year Change-36.01%
3 Year Change-38.01%
5 Year Change-63.42%
Change since IPO-56.98%

Recent News & Updates

Investors Give Nabors Industries Ltd. (NYSE:NBR) Shares A 26% Hiding

Dec 21
Investors Give Nabors Industries Ltd. (NYSE:NBR) Shares A 26% Hiding

Nabors Industries Ltd.'s (NYSE:NBR) Shares Bounce 28% But Its Business Still Trails The Industry

Oct 13
Nabors Industries Ltd.'s (NYSE:NBR) Shares Bounce 28% But Its Business Still Trails The Industry

Nabors Industries (NYSE:NBR) Shareholders Will Want The ROCE Trajectory To Continue

Sep 29
Nabors Industries (NYSE:NBR) Shareholders Will Want The ROCE Trajectory To Continue

Recent updates

Investors Give Nabors Industries Ltd. (NYSE:NBR) Shares A 26% Hiding

Dec 21
Investors Give Nabors Industries Ltd. (NYSE:NBR) Shares A 26% Hiding

Nabors Industries Ltd.'s (NYSE:NBR) Shares Bounce 28% But Its Business Still Trails The Industry

Oct 13
Nabors Industries Ltd.'s (NYSE:NBR) Shares Bounce 28% But Its Business Still Trails The Industry

Nabors Industries (NYSE:NBR) Shareholders Will Want The ROCE Trajectory To Continue

Sep 29
Nabors Industries (NYSE:NBR) Shareholders Will Want The ROCE Trajectory To Continue

Nabors Industries Ltd. (NYSE:NBR) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Jul 26
Nabors Industries Ltd. (NYSE:NBR) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nabors Industries Ltd. (NYSE:NBR) Stock Catapults 35% Though Its Price And Business Still Lag The Industry

Jul 19
Nabors Industries Ltd. (NYSE:NBR) Stock Catapults 35% Though Its Price And Business Still Lag The Industry

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

Shareholder Returns

NBRUS Energy ServicesUS Market
7D-17.8%-6.9%-2.4%
1Y-36.0%-14.6%23.3%

Return vs Industry: NBR underperformed the US Energy Services industry which returned -14.6% over the past year.

Return vs Market: NBR underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is NBR's price volatile compared to industry and market?
NBR volatility
NBR Average Weekly Movement8.2%
Energy Services Industry Average Movement6.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: NBR has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NBR's weekly volatility (8%) 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$513.39m
Earnings (TTM)-US$169.02m
Revenue (TTM)US$2.93b

0.2x

P/S Ratio

-3.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NBR income statement (TTM)
RevenueUS$2.93b
Cost of RevenueUS$1.73b
Gross ProfitUS$1.19b
Other ExpensesUS$1.36b
Earnings-US$169.02m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-17.70
Gross Margin40.75%
Net Profit Margin-5.78%
Debt/Equity Ratio202.8%

How did NBR perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nabors Industries Ltd. is covered by 58 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets