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NBR

NBR - Nabors Industries Ltd Stock Price, Fair Value and News

74.33USD-0.90 (-1.20%)Delayed as of 08 May 2024, 02:01 pm ET

Market Summary

NBR
USD74.33-0.90
Delayedas of 08 May 2024, 02:01 pm
-1.20%

NBR Alerts

  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

NBR Stock Price

View Fullscreen

NBR RSI Chart

NBR Valuation

Market Cap

805.1M

Price/Earnings (Trailing)

-8.44

Price/Sales (Trailing)

0.27

EV/EBITDA

11.97

Price/Free Cashflow

12.52

NBR Price/Sales (Trailing)

NBR Profitability

EBT Margin

1.73%

Return on Equity

-18.24%

Return on Assets

-2.05%

Free Cashflow Yield

7.99%

NBR Fundamentals

NBR Revenue

Revenue (TTM)

3.0B

Rev. Growth (Yr)

-5.72%

Rev. Growth (Qtr)

0.82%

NBR Earnings

Earnings (TTM)

-95.3M

Earnings Growth (Yr)

-169.75%

Earnings Growth (Qtr)

-105.55%

Breaking Down NBR Revenue

52 Week Range

75.69
(Low)(High)

Last 7 days

4.5%

Last 30 days

-15.9%

Last 90 days

-6.2%

Trailing 12 Months

-21.5%

How does NBR drawdown profile look like?

NBR Financial Health

Current Ratio

1.78

Debt/Equity

4.81

Debt/Cashflow

0.24

NBR Investor Care

Dividend Yield

1.01%

Dividend/Share (TTM)

0.75

Shares Dilution (1Y)

12.18%

Diluted EPS (TTM)

-13.98

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.0B000
20232.9B3.0B3.1B3.0B
20222.1B2.3B2.4B2.7B
20211.9B1.8B1.9B2.0B
20203.0B2.7B2.4B2.1B
20193.1B3.1B3.1B3.0B
20182.7B2.9B3.0B3.1B
20172.2B2.3B2.4B2.6B
20162.9B2.9B2.6B2.2B
20156.6B5.6B4.6B3.7B
20146.2B6.4B6.6B6.8B
20136.6B6.3B6.2B6.2B
20126.5B6.9B7.0B6.9B
20114.6B5.0B5.6B6.0B
20103.4B3.5B3.7B4.1B
200905.1B4.6B4.0B
200805.1B5.3B5.5B
20070004.9B
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Tracking the Latest Insider Buys and Sells of Nabors Industries Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold NBR recently?

View All Details
Datesorted ascendingFund NameType% 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
-
-%

1–10 of 46

Are Funds Buying or Selling NBR?

Are funds buying NBR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NBR
No. of Funds

Unveiling Nabors Industries Ltd's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.23%
779,035
SC 13G/A
Jan 24, 2024
state street corp
5.42%
512,993
SC 13G
Jan 22, 2024
blackrock inc.
15.1%
1,485,766
SC 13G/A
Jun 09, 2023
vanguard group inc
10.04%
958,027
SC 13G/A
Feb 14, 2023
lmr partners llp
0.7%
67,466
SC 13G/A
Feb 09, 2023
vanguard group inc
8.79%
827,615
SC 13G/A
Jan 23, 2023
blackrock inc.
17.4%
1,638,392
SC 13G/A
Mar 11, 2022
blackrock inc.
15.3%
1,265,676
SC 13G/A
Feb 11, 2022
van eck associates corp
5.32%
438,508
SC 13G
Feb 11, 2022
van eck associates corp
5.32%
438,508
SC 13G

Recent SEC filings of Nabors Industries Ltd

View All Filings
Date Filed Form Type Document
May 03, 2024
10-Q
Quarterly Report
Apr 25, 2024
DEFA14A
DEFA14A
Apr 25, 2024
DEF 14A
DEF 14A
Apr 25, 2024
ARS
ARS
Apr 25, 2024
8-K
Current Report
Apr 04, 2024
8-K
Current Report
Mar 27, 2024
PRER14A
PRER14A
Mar 07, 2024
PRER14A
PRER14A
Feb 21, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report

Peers (Alternatives to Nabors Industries Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
458.2B
341.1B
-4.26% 6.50%
13.97
1.34
-16.75% -46.83%
300.4B
198.9B
0.63% 1.91%
14.8
1.51
-18.05% -43.28%
57.7B
27.7B
-6.06% 10.33%
13.35
2.08
-22.75% -55.41%
15.3B
6.6B
-8.89% 18.54%
10.64
2.3
-15.57% -47.38%
11.6B
6.4B
-0.97% 13.18%
11
1.81
-54.63% -85.10%
MID-CAP
9.1B
2.2B
6.85% 46.78%
18.84
4.13
-62.59% -77.29%
3.8B
2.7B
-12.05% 21.42%
10.8
1.39
2.93% 8.77%
3.7B
2.5B
-0.91% 56.11%
3.6
1.44
-6.59% -31.79%
2.8B
1.7B
2.04% -5.52%
12.73
1.64
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
280.2M
307.6M
3.50% 2.16%
0.71
0.91
-32.91% 578.62%
172.6M
186.7M
-22.41% 78.41%
-3.72
0.92
-27.21% 56.92%
92.7M
220.8M
-13.23% -9.90%
-30.4
0.42
-38.52% -116.44%
71.5M
2.7B
-4.78% -25.70%
337.3
0.03
-18.46% -93.92%
28.6M
23.9M
7.12% 5.54%
-10.53
1.2
-21.86% -149.09%

Nabors Industries Ltd News

Latest updates
Yahoo New Zealand News36 hours ago
Yahoo Singapore News05 May 202410:00 pm
Yahoo Movies UK05 May 202412:39 pm

Nabors Industries Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.8%744738744779789769699632569544524489462443438534718714758771800
Costs and Expenses3.1%7377157657367058016916927306356376555805125886691,072974833953883
  S&GA Expenses-100.0%-57.0062.0063.0062.0059.0058.0058.0054.0054.0053.0052.0055.0054.0046.0046.0057.0063.0064.0064.0068.00
  R&D Expenses-0.5%14.0014.0014.0013.0015.0014.0013.0011.0012.0010.009.008.007.007.008.007.0011.0013.0012.0012.0014.00
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 Expenses0.9%50.0050.0044.0046.0045.0044.0044.0043.0047.0045.0042.0042.0043.0048.0052.0051.0055.0049.0051.0051.0052.00
Income Taxes-16.6%16.0019.0011.0026.0023.0026.0012.009.0014.0018.003.0025.0010.0039.00-3.694.0018.0026.0024.0011.0030.00
Earnings Before Taxes-69.5%7.0023.00-20.7343.0084.00-31.998.00-60.58-161-90.88-112-165-118-65.09-150-133-356-258-75.89-181-73.58
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%-34.33-16.70-48.925.0049.00-69.06-13.78-82.92-184-113-122-196-137-108-157-148-391-262-118-203-117
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%3.0048.00-9.7824.0035.0099.0028.0044.00-42.9048.0051.0057.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-12.0%4,6455,2784,7274,4634,7004,7304,7694,8014,8575,5255,1755,0425,2555,5035,8175,9826,3096,7617,2737,5157,774
  Current Assets-34.7%1,0741,6469619781,0131,0019669239441,5021,3231,0871,0361,1311,1631,1531,2711,2491,3801,4671,556
    Cash Equivalents-61.0%4131,057387413469451420413394991772400418472505484481436397368429
  Inventory1.3%150148146152144128129121132126137147154161164167174176186178166
  Net PPE-2.0%2,8412,8992,9462,9642,9773,0263,1003,1873,2463,3483,4443,5623,8293,9864,2254,3964,5974,9315,1525,3015,400
  Goodwill------------------28.0091.0091.00184
Liabilities-15.6%3,3723,9973,3443,3583,4263,5143,4893,5203,4994,1313,9403,7073,7313,8044,0194,0414,2384,2854,5124,6444,714
  Current Liabilities-50.4%6021,214529544540596559524513525516529491515486524585657682772736
  Long Term Debt0.0%2,5122,5122,5012,5032,5622,5382,5862,6022,6103,2633,0762,8232,8992,9693,2903,2763,3883,3333,5173,5513,678
    LT Debt, Current-100.0%-630-------------------
    LT Debt, Non Current-100.0%-2,5122,5012,5032,5622,5382,5862,6022,6103,2633,0762,8232,8992,9693,2903,2763,3883,3333,5173,5513,678
Shareholder's Equity60.1%5233273485925823695966016677198349371,1281,2571,3601,5071,6412,0502,3412,4552,650
  Retained Earnings-2.2%-1,927-1,886-1,861-1,809-1,804-1,841-1,766-1,750-1,725-1,537-1,415-1,290-1,089-946-829-664-508-104171303520
  Additional Paid-In Capital0.0%3,5403,5393,5363,5383,5333,5363,5323,5283,5933,4553,4503,4333,4293,4243,4193,4153,4083,4133,4113,4053,400
Shares Outstanding0.2%9.009.009.009.009.009.009.009.008.008.007.007.00---------
Minority Interest9.8%23621520018918016815714813712812511811410510494.0085.0067.0089.0074.0064.00
Float----838---1,196---860---255---1,008-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-41.1%107,239181,921133,425168,466154,050199,989138,950120,79641,354102,293113,280133,71379,490101,85546,134142,61059,162253,730157,743203,23169,854
  Share Based Compensation31.2%4,1553,1684,3504,3413,9803,9744,0253,9503,8794,1554,4663,9666,7754,4684,4146,5989,1585,1715,3255,7408,424
Cashflow From Investing24.6%-106,629-141,450-146,000-154,843-128,131-101,706-103,841-81,054-82,107-52,13719,831-65,800-19,119-36,115-37,193-41,376-50,773-22,156-75,496-113,760-144,444
Cashflow From Financing-218.0%-635,107538,376301,580-249,6802,316-59,060-23,894-23,322-555,256450,593237,221-85,472-113,921-99,52912,844-98,88837,572-189,814-53,117-148,09859,456
  Dividend Payments-----194--55.0010.00------------
  Buy Backs--------------1.00-1.001.0013,8582,821-79.00-
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NBR Income Statement

2024-03-31
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)10,2019,866
Total revenues and other income743,905789,005
Costs and other deductions:  
Direct costs437,077462,329
General and administrative expenses61,75161,730
Research and engineering13,86315,074
Depreciation and amortization157,685163,031
Interest expense50,37945,141
Other, net16,108(42,375)
Total costs and other deductions736,863704,930
Income (loss) before income taxes7,04284,075
Income tax expense (benefit):  
Current9,66818,302
Deferred6,3764,713
Total income tax expense (benefit)16,04423,015
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)9,1769,160
Diluted (in shares)9,1769,867

NBR Balance Sheet

2024-03-31
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 investments12,69612,691
Accounts receivable, net of allowance of $52,656 and $52,864, respectively416,873347,837
Inventory, net149,789147,798
Other current assets82,13779,865
Total current assets1,074,3591,645,678
Property, plant and equipment, net2,841,2942,898,728
Restricted cash held in trust319,730315,488
Deferred income taxes232,250238,871
Other long-term assets177,339179,200
Total assets[1]4,644,9725,277,965
Current liabilities:  
Current portion of debt629,621
Trade accounts payable319,436294,442
Accrued liabilities219,712230,240
Income taxes payable58,02454,255
Current lease liabilities5,2465,423
Total current liabilities602,4181,213,981
Long-term debt2,512,1752,511,519
Other long-term liabilities255,531270,014
Deferred income taxes1,4251,366
Total liabilities[1]3,371,5493,996,880
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest in subsidiary750,600739,075
Shareholders' equity:  
Common shares, par value $0.05 per share: Authorized common shares 32,000; issued 10,702 and 10,556, respectively535527
Capital in excess of par value3,540,4093,538,896
Accumulated other comprehensive income (loss)(10,925)(10,832)
Retained earnings (accumulated deficit)(1,927,930)(1,886,226)
Less: treasury shares, at cost, 1,161 and 1,161 common shares, respectively(1,315,751)(1,315,751)
Total shareholders' equity286,338326,614
Noncontrolling interest236,485215,396
Total equity522,823542,010
Total liabilities and equity$ 4,644,972$ 5,277,965
[1]The condensed consolidated balance sheets as of March 31, 2024 and December 31, 2023 include assets and liabilities of variable interest entities. See Note 3—Joint Ventures and Note 13—Special Purpose Acquisition Company for additional information.
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 U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. The company marketed approximately 300 rigs for land-based drilling operations; and 29 rigs for offshore platform drilling operations. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
 CEO
 WEBSITEnabors.com
 INDUSTRYOil - E&P
 EMPLOYEES12000

Nabors Industries Ltd Frequently Asked Questions


What is the ticker symbol for Nabors Industries Ltd? What does NBR stand for in stocks?

NBR is the stock ticker symbol of Nabors Industries Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nabors Industries Ltd (NBR)?

As of Tue May 07 2024, market cap of Nabors Industries Ltd is 805.07 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NBR stock?

You can check NBR's fair value in chart for subscribers.

What is the fair value of NBR stock?

You can check NBR's fair value in chart for subscribers. The fair value of Nabors Industries Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nabors Industries Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NBR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nabors Industries Ltd a good stock to buy?

The fair value guage provides a quick view whether NBR is over valued or under valued. Whether Nabors Industries Ltd is cheap or expensive depends on the assumptions which impact Nabors Industries Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NBR.

What is Nabors Industries Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, NBR's PE ratio (Price to Earnings) is -8.44 and Price to Sales (PS) ratio is 0.27. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NBR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Nabors Industries Ltd's stock?

In the past 10 years, Nabors Industries Ltd has provided -0.246 (multiply by 100 for percentage) rate of return.