NBR RSI Chart
Last 7 days
4.5%
Last 30 days
-15.9%
Last 90 days
-6.2%
Trailing 12 Months
-21.5%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.0B | 0 | 0 | 0 |
2023 | 2.9B | 3.0B | 3.1B | 3.0B |
2022 | 2.1B | 2.3B | 2.4B | 2.7B |
2021 | 1.9B | 1.8B | 1.9B | 2.0B |
2020 | 3.0B | 2.7B | 2.4B | 2.1B |
2019 | 3.1B | 3.1B | 3.1B | 3.0B |
2018 | 2.7B | 2.9B | 3.0B | 3.1B |
2017 | 2.2B | 2.3B | 2.4B | 2.6B |
2016 | 2.9B | 2.9B | 2.6B | 2.2B |
2015 | 6.6B | 5.6B | 4.6B | 3.7B |
2014 | 6.2B | 6.4B | 6.6B | 6.8B |
2013 | 6.6B | 6.3B | 6.2B | 6.2B |
2012 | 6.5B | 6.9B | 7.0B | 6.9B |
2011 | 4.6B | 5.0B | 5.6B | 6.0B |
2010 | 3.4B | 3.5B | 3.7B | 4.1B |
2009 | 0 | 5.1B | 4.6B | 4.0B |
2008 | 0 | 5.1B | 5.3B | 5.5B |
2007 | 0 | 0 | 0 | 4.9B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 19, 2024 | andrews mark d | acquired | - | - | 4,561 | corporate secretary |
Jan 02, 2024 | petrello anthony g | sold (taxes) | -586,397 | 80.86 | -7,252 | chairman, president & ceo |
Jan 02, 2024 | petrello anthony g | back to issuer | - | - | -41,463 | chairman, president & ceo |
Jan 02, 2024 | restrepo william j | acquired | - | - | 3,422 | chief financial officer |
Jan 02, 2024 | restrepo william j | sold (taxes) | -108,918 | 80.86 | -1,347 | chief financial officer |
Jan 02, 2024 | petrello anthony g | acquired | - | - | 18,428 | chairman, president & ceo |
Jan 02, 2024 | restrepo william j | back to issuer | - | - | -20,534 | chief financial officer |
Jan 01, 2024 | petrello anthony g | acquired | - | - | 31,456 | chairman, president & ceo |
Jan 01, 2024 | restrepo william j | acquired | - | - | 3,962 | chief financial officer |
Jan 01, 2024 | restrepo william j | sold (taxes) | -112,323 | 81.63 | -1,376 | chief financial officer |
Which funds bought or sold NBR recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 06, 2024 | Empowered Funds, LLC | sold off | -100 | -788,627 | - | -% |
May 06, 2024 | Quantbot Technologies LP | sold off | -100 | -281,868 | - | -% |
May 06, 2024 | Parallel Advisors, LLC | added | 1,133 | 2,942 | 3,187 | -% |
May 06, 2024 | TEXAS PERMANENT SCHOOL FUND CORP | reduced | -4.93 | 2,056 | 665,871 | -% |
May 06, 2024 | Jefferies Financial Group Inc. | new | - | 938,745 | 938,745 | 0.01% |
May 06, 2024 | SG Americas Securities, LLC | sold off | -100 | -610,000 | - | -% |
May 06, 2024 | Investors Research Corp | reduced | -1.19 | 2,326 | 57,018 | 0.01% |
May 06, 2024 | Advisory Services Network, LLC | sold off | -100 | -17,550 | - | -% |
May 03, 2024 | HUNTINGTON NATIONAL BANK | reduced | -29.76 | -1,775 | 5,082 | -% |
May 03, 2024 | Avion Wealth | sold off | -100 | -1,000 | - | -% |
Unveiling Nabors Industries Ltd's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Nabors Industries Ltd)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
XOM | 458.2B | 341.1B | 13.97 | 1.34 | ||||
CVX | 300.4B | 198.9B | 14.8 | 1.51 | ||||
OXY | 57.7B | 27.7B | 13.35 | 2.08 | ||||
MRO | 15.3B | 6.6B | 10.64 | 2.3 | ||||
CHK | 11.6B | 6.4B | 11 | 1.81 | ||||
MID-CAP | ||||||||
RRC | 9.1B | 2.2B | 18.84 | 4.13 | ||||
HP | 3.8B | 2.7B | 10.8 | 1.39 | ||||
CNX | 3.7B | 2.5B | 3.6 | 1.44 | ||||
KOS | 2.8B | 1.7B | 12.73 | 1.64 | ||||
CPE | 2.4B | 2.1B | 5.93 | 1.13 | ||||
SMALL-CAP | ||||||||
AMPY | 280.2M | 307.6M | 0.71 | 0.91 | ||||
AMTX | 172.6M | 186.7M | -3.72 | 0.92 | ||||
BATL | 92.7M | 220.8M | -30.4 | 0.42 | ||||
AE | 71.5M | 2.7B | 337.3 | 0.03 | ||||
BRN | 28.6M | 23.9M | -10.53 | 1.2 |
Nabors Industries Ltd News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 0.8% | 744 | 738 | 744 | 779 | 789 | 769 | 699 | 632 | 569 | 544 | 524 | 489 | 462 | 443 | 438 | 534 | 718 | 714 | 758 | 771 | 800 |
Costs and Expenses | 3.1% | 737 | 715 | 765 | 736 | 705 | 801 | 691 | 692 | 730 | 635 | 637 | 655 | 580 | 512 | 588 | 669 | 1,072 | 974 | 833 | 953 | 883 |
S&GA Expenses | -100.0% | - | 57.00 | 62.00 | 63.00 | 62.00 | 59.00 | 58.00 | 58.00 | 54.00 | 54.00 | 53.00 | 52.00 | 55.00 | 54.00 | 46.00 | 46.00 | 57.00 | 63.00 | 64.00 | 64.00 | 68.00 |
R&D Expenses | -0.5% | 14.00 | 14.00 | 14.00 | 13.00 | 15.00 | 14.00 | 13.00 | 11.00 | 12.00 | 10.00 | 9.00 | 8.00 | 7.00 | 7.00 | 8.00 | 7.00 | 11.00 | 13.00 | 12.00 | 12.00 | 14.00 |
EBITDA Margin | -21.7% | 0.08* | 0.10* | 0.40* | 0.41* | 0.40* | 0.34* | 0.34* | 0.32* | 0.29* | 0.32* | 0.35* | 0.36* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.9% | 50.00 | 50.00 | 44.00 | 46.00 | 45.00 | 44.00 | 44.00 | 43.00 | 47.00 | 45.00 | 42.00 | 42.00 | 43.00 | 48.00 | 52.00 | 51.00 | 55.00 | 49.00 | 51.00 | 51.00 | 52.00 |
Income Taxes | -16.6% | 16.00 | 19.00 | 11.00 | 26.00 | 23.00 | 26.00 | 12.00 | 9.00 | 14.00 | 18.00 | 3.00 | 25.00 | 10.00 | 39.00 | -3.69 | 4.00 | 18.00 | 26.00 | 24.00 | 11.00 | 30.00 |
Earnings Before Taxes | -69.5% | 7.00 | 23.00 | -20.73 | 43.00 | 84.00 | -31.99 | 8.00 | -60.58 | -161 | -90.88 | -112 | -165 | -118 | -65.09 | -150 | -133 | -356 | -258 | -75.89 | -181 | -73.58 |
EBT Margin | -59.1% | 0.02* | 0.04* | 0.02* | 0.03* | 0.00* | -0.09* | -0.12* | -0.19* | -0.25* | -0.24* | -0.24* | -0.27* | - | - | - | - | - | - | - | - | - |
Net Income | -105.5% | -34.33 | -16.70 | -48.92 | 5.00 | 49.00 | -69.06 | -13.78 | -82.92 | -184 | -113 | -122 | -196 | -137 | -108 | -157 | -148 | -391 | -262 | -118 | -203 | -117 |
Net Income Margin | -721.2% | -0.03* | 0.00* | -0.02* | -0.01* | -0.04* | -0.13* | -0.16* | -0.22* | -0.29* | -0.28* | -0.29* | -0.33* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -94.5% | 3.00 | 48.00 | -9.78 | 24.00 | 35.00 | 99.00 | 28.00 | 44.00 | -42.90 | 48.00 | 51.00 | 57.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -12.0% | 4,645 | 5,278 | 4,727 | 4,463 | 4,700 | 4,730 | 4,769 | 4,801 | 4,857 | 5,525 | 5,175 | 5,042 | 5,255 | 5,503 | 5,817 | 5,982 | 6,309 | 6,761 | 7,273 | 7,515 | 7,774 |
Current Assets | -34.7% | 1,074 | 1,646 | 961 | 978 | 1,013 | 1,001 | 966 | 923 | 944 | 1,502 | 1,323 | 1,087 | 1,036 | 1,131 | 1,163 | 1,153 | 1,271 | 1,249 | 1,380 | 1,467 | 1,556 |
Cash Equivalents | -61.0% | 413 | 1,057 | 387 | 413 | 469 | 451 | 420 | 413 | 394 | 991 | 772 | 400 | 418 | 472 | 505 | 484 | 481 | 436 | 397 | 368 | 429 |
Inventory | 1.3% | 150 | 148 | 146 | 152 | 144 | 128 | 129 | 121 | 132 | 126 | 137 | 147 | 154 | 161 | 164 | 167 | 174 | 176 | 186 | 178 | 166 |
Net PPE | -2.0% | 2,841 | 2,899 | 2,946 | 2,964 | 2,977 | 3,026 | 3,100 | 3,187 | 3,246 | 3,348 | 3,444 | 3,562 | 3,829 | 3,986 | 4,225 | 4,396 | 4,597 | 4,931 | 5,152 | 5,301 | 5,400 |
Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 28.00 | 91.00 | 91.00 | 184 |
Liabilities | -15.6% | 3,372 | 3,997 | 3,344 | 3,358 | 3,426 | 3,514 | 3,489 | 3,520 | 3,499 | 4,131 | 3,940 | 3,707 | 3,731 | 3,804 | 4,019 | 4,041 | 4,238 | 4,285 | 4,512 | 4,644 | 4,714 |
Current Liabilities | -50.4% | 602 | 1,214 | 529 | 544 | 540 | 596 | 559 | 524 | 513 | 525 | 516 | 529 | 491 | 515 | 486 | 524 | 585 | 657 | 682 | 772 | 736 |
Long Term Debt | 0.0% | 2,512 | 2,512 | 2,501 | 2,503 | 2,562 | 2,538 | 2,586 | 2,602 | 2,610 | 3,263 | 3,076 | 2,823 | 2,899 | 2,969 | 3,290 | 3,276 | 3,388 | 3,333 | 3,517 | 3,551 | 3,678 |
LT Debt, Current | -100.0% | - | 630 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
LT Debt, Non Current | -100.0% | - | 2,512 | 2,501 | 2,503 | 2,562 | 2,538 | 2,586 | 2,602 | 2,610 | 3,263 | 3,076 | 2,823 | 2,899 | 2,969 | 3,290 | 3,276 | 3,388 | 3,333 | 3,517 | 3,551 | 3,678 |
Shareholder's Equity | 60.1% | 523 | 327 | 348 | 592 | 582 | 369 | 596 | 601 | 667 | 719 | 834 | 937 | 1,128 | 1,257 | 1,360 | 1,507 | 1,641 | 2,050 | 2,341 | 2,455 | 2,650 |
Retained Earnings | -2.2% | -1,927 | -1,886 | -1,861 | -1,809 | -1,804 | -1,841 | -1,766 | -1,750 | -1,725 | -1,537 | -1,415 | -1,290 | -1,089 | -946 | -829 | -664 | -508 | -104 | 171 | 303 | 520 |
Additional Paid-In Capital | 0.0% | 3,540 | 3,539 | 3,536 | 3,538 | 3,533 | 3,536 | 3,532 | 3,528 | 3,593 | 3,455 | 3,450 | 3,433 | 3,429 | 3,424 | 3,419 | 3,415 | 3,408 | 3,413 | 3,411 | 3,405 | 3,400 |
Shares Outstanding | 0.2% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 | 8.00 | 8.00 | 7.00 | 7.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 9.8% | 236 | 215 | 200 | 189 | 180 | 168 | 157 | 148 | 137 | 128 | 125 | 118 | 114 | 105 | 104 | 94.00 | 85.00 | 67.00 | 89.00 | 74.00 | 64.00 |
Float | - | - | - | - | 838 | - | - | - | 1,196 | - | - | - | 860 | - | - | - | 255 | - | - | - | 1,008 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -41.1% | 107,239 | 181,921 | 133,425 | 168,466 | 154,050 | 199,989 | 138,950 | 120,796 | 41,354 | 102,293 | 113,280 | 133,713 | 79,490 | 101,855 | 46,134 | 142,610 | 59,162 | 253,730 | 157,743 | 203,231 | 69,854 |
Share Based Compensation | 31.2% | 4,155 | 3,168 | 4,350 | 4,341 | 3,980 | 3,974 | 4,025 | 3,950 | 3,879 | 4,155 | 4,466 | 3,966 | 6,775 | 4,468 | 4,414 | 6,598 | 9,158 | 5,171 | 5,325 | 5,740 | 8,424 |
Cashflow From Investing | 24.6% | -106,629 | -141,450 | -146,000 | -154,843 | -128,131 | -101,706 | -103,841 | -81,054 | -82,107 | -52,137 | 19,831 | -65,800 | -19,119 | -36,115 | -37,193 | -41,376 | -50,773 | -22,156 | -75,496 | -113,760 | -144,444 |
Cashflow From Financing | -218.0% | -635,107 | 538,376 | 301,580 | -249,680 | 2,316 | -59,060 | -23,894 | -23,322 | -555,256 | 450,593 | 237,221 | -85,472 | -113,921 | -99,529 | 12,844 | -98,888 | 37,572 | -189,814 | -53,117 | -148,098 | 59,456 |
Dividend Payments | - | - | - | - | - | 194 | - | - | 55.00 | 10.00 | - | - | - | - | - | - | - | - | - | - | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00 | -1.00 | 1.00 | 13,858 | 2,821 | - | 79.00 | - |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues and other income: | ||
Operating revenues | $ 733,704 | $ 779,139 |
Investment income (loss) | 10,201 | 9,866 |
Total revenues and other income | 743,905 | 789,005 |
Costs and other deductions: | ||
Direct costs | 437,077 | 462,329 |
General and administrative expenses | 61,751 | 61,730 |
Research and engineering | 13,863 | 15,074 |
Depreciation and amortization | 157,685 | 163,031 |
Interest expense | 50,379 | 45,141 |
Other, net | 16,108 | (42,375) |
Total costs and other deductions | 736,863 | 704,930 |
Income (loss) before income taxes | 7,042 | 84,075 |
Income tax expense (benefit): | ||
Current | 9,668 | 18,302 |
Deferred | 6,376 | 4,713 |
Total income tax expense (benefit) | 16,044 | 23,015 |
Net income (loss) | (9,002) | 61,060 |
Less: net (income) loss attributable to noncontrolling interest | (25,331) | (11,836) |
Net income (loss) attributable to Nabors | $ (34,333) | $ 49,224 |
Earnings (losses) per share: | ||
Basic (in dollars per share) | $ (4.54) | $ 4.39 |
Diluted (in dollars per share) | $ (4.54) | $ 4.11 |
Weighted-average number of common shares outstanding: | ||
Basic (in shares) | 9,176 | 9,160 |
Diluted (in shares) | 9,176 | 9,867 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 412,864 | $ 1,057,487 | ||
Short-term investments | 12,696 | 12,691 | ||
Accounts receivable, net of allowance of $52,656 and $52,864, respectively | 416,873 | 347,837 | ||
Inventory, net | 149,789 | 147,798 | ||
Other current assets | 82,137 | 79,865 | ||
Total current assets | 1,074,359 | 1,645,678 | ||
Property, plant and equipment, net | 2,841,294 | 2,898,728 | ||
Restricted cash held in trust | 319,730 | 315,488 | ||
Deferred income taxes | 232,250 | 238,871 | ||
Other long-term assets | 177,339 | 179,200 | ||
Total assets | [1] | 4,644,972 | 5,277,965 | |
Current liabilities: | ||||
Current portion of debt | 629,621 | |||
Trade accounts payable | 319,436 | 294,442 | ||
Accrued liabilities | 219,712 | 230,240 | ||
Income taxes payable | 58,024 | 54,255 | ||
Current lease liabilities | 5,246 | 5,423 | ||
Total current liabilities | 602,418 | 1,213,981 | ||
Long-term debt | 2,512,175 | 2,511,519 | ||
Other long-term liabilities | 255,531 | 270,014 | ||
Deferred income taxes | 1,425 | 1,366 | ||
Total liabilities | [1] | 3,371,549 | 3,996,880 | |
Commitments and contingencies (Note 8) | ||||
Redeemable noncontrolling interest in subsidiary | 750,600 | 739,075 | ||
Shareholders' equity: | ||||
Common shares, par value $0.05 per share: Authorized common shares 32,000; issued 10,702 and 10,556, respectively | 535 | 527 | ||
Capital in excess of par value | 3,540,409 | 3,538,896 | ||
Accumulated other comprehensive income (loss) | (10,925) | (10,832) | ||
Retained earnings (accumulated deficit) | (1,927,930) | (1,886,226) | ||
Less: treasury shares, at cost, 1,161 and 1,161 common shares, respectively | (1,315,751) | (1,315,751) | ||
Total shareholders' equity | 286,338 | 326,614 | ||
Noncontrolling interest | 236,485 | 215,396 | ||
Total equity | 522,823 | 542,010 | ||
Total liabilities and equity | $ 4,644,972 | $ 5,277,965 | ||
|
Mr. Anthony G. Petrello | |
nabors.com | |
Oil - E&P | |
12000 |