Nabors Industries Ltd. (NBR)
| Market Cap | 729.73M |
| Revenue (ttm) | 3.00B |
| Net Income (ttm) | -95.34M |
| Shares Out | 9.54M |
| EPS (ttm) | -13.81 |
| PE Ratio | n/a |
| Forward PE | 20.28 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 188,357 |
| Open | 73.64 |
| Previous Close | 73.28 |
| Day's Range | 73.30 - 76.60 |
| 52-Week Range | 70.25 - 141.47 |
| Beta | 2.35 |
| Analysts | Buy |
| Price Target | 127.80 (+67.08%) |
| Earnings Date | Apr 24, 2024 |
About NBR
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. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCK... [Read more]
Financial Performance
In 2023, NBR's revenue was $3.05 billion, an increase of 14.28% compared to the previous year's $2.67 billion. Losses were -$11.78 million, -96.64% less than in 2022.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for NBR stock is "Buy." The 12-month stock price forecast is $127.8, which is an increase of 67.08% from the latest price.
News
Vista and Nabors to Deploy Third Drilling Rig to Vaca Muerta, Argentina
HAMILTON, Bermuda and MEXICO CITY , May 6, 2024 /PRNewswire/ -- Vista Energy (NYSE: VIST) and Nabors Industries (NYSE: NBR) announced today the official signing of the contract to add a third drilling...
Nabors Announces First Quarter 2024 Results
HAMILTON, Bermuda , April 24, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2024 operating revenues of $734 million, compared to oper...
Nabors Industries Ltd. 1st Quarter 2024 Earnings Conference Call Invitation
HAMILTON, Bermuda , April 3, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors Announces Fourth Quarter 2023 Results
HAMILTON, Bermuda , Feb. 6, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2023 operating revenues of $726 million, compared to opera...
SLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation Solutions
HOUSTON--(BUSINESS WIRE)--Regulatory News: SLB (NYSE: SLB) and Nabors Industries (NYSE: NBR, “Nabors”) today announced a collaboration to scale the adoption of automated drilling solutions for oil and...
Nabors Industries Ltd. Fourth Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda , Jan. 3, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date
Welcomes Vast to its Portfolio of Clean, Renewable, Scalable, Dispatchable Energy Technology Investments HAMILTON, Bermuda , Dec. 19, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR, "Nabors") ...
Vast and Nabors Energy Transition Corp. Announce Closing of Business Combination, Establishing Public Concentrated Solar Thermal Power Company
SYDNEY & HOUSTON--(BUSINESS WIRE)--Vast Renewables Limited (“Vast” or the “Company”), a renewable energy company specialising in concentrated solar thermal power (“CSP”) energy systems that generate z...
Nabors Prices $650 Million in Senior Priority Guaranteed Notes
HAMILTON, Bermuda , Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII") has priced $650 million in aggregate principal amou...
Nabors Announces Offering of $550 Million Senior Priority Guaranteed Notes
HAMILTON, Bermuda , Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commence...
Nabors Announces Third Quarter 2023 Results
HAMILTON, Bermuda , Oct. 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2023 operating revenues of $734 million, compared to opera...
Nabors Industries Ltd. Third Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda , Oct. 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors Announces Second Quarter 2023 Results
HAMILTON, Bermuda , July 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to oper...
Nabors Industries Ltd. Second Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda , July 11, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors Announces Filing of SPAC Registration Statement
HAMILTON, Bermuda , June 22, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced to...
Nabors Industries files second blank check IPO deal
Nabors Energy Transition Corp. II, a blank-check company sponsored by oil services company Nabors Industries Ltd. NBR, +3.07%, filed to raise up to $300 million in an initial public offering on the Na...
Halliburton and Nabors Industries Collaborate on Leading Well Construction Automation
HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) and Nabors Industries (NYSE: NBR, “Nabors”) today announced an agreement on leading well construction automation solutions. Under the agreemen...
GA Drilling Successfully Tests Breakthrough Technology for Deep Geothermal Drilling
HOUSTON--(BUSINESS WIRE)--GA Drilling, a.s. ("GA Drilling") conducted the first public demonstration of its new deep drilling tool, ANCHORBIT®. GA Drilling developed the tool to materially cut the cos...
Nabors Announces First Quarter 2023 Results
HAMILTON, Bermuda , April 24, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2023 operating revenues of $779 million, an increase of 2...
Nabors Industries Forms Strategic Alliance with Corva to Accelerate Digital Transformation of the Global Drilling Industry
Nabors connects Corva to its universal rig controls and automation platform, SmartROS™ Apps built and developed in Corva can monitor and control any rig equipped with SmartROS™ Enables exploration and...
Nabors Industries Ltd. First Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda , April 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
15 oil and gas stocks expected to be backed by ample cash flow through 2024
The move this week by OPEC+ countries to cut oil production might only be the first of a group of cuts that will raise prices for consumers while rewarding investors.
Nabors Announces Redemption of 9% Senior Priority Guaranteed Notes Due 2025
HAMILTON, Bermuda , March 7, 2023 /PRNewswire/ -- Nabors Industries, Inc. ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR) today reported the com...
Nabors Industries Issues Statement on Planned Business Combination Between Nabors Energy Transition Corporation and Vast
"Energy Without Compromise" Vision to Guide Energy Transition Strategy HAMILTON, Bermuda , Feb. 14, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) issued the follo...
Nabors Announces Pricing of its Offering of $225,000,000 Exchangeable Senior Unsecured Notes
HAMILTON, Bermuda , Feb. 10, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has priced $225,000,0...