NBR

Nabors Industries Ltd. [NBR] Stock Forecast

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RSI : 000

NBR Stock Summary

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In the News

07:04 29 Sep 2023 NBR

3 Energy Stocks to Sell in August Before They Crash and Burn

It may seem like an odd time to be writing about risky energy stocks. After all, the United States Energy Information Administration (EIA) removed all doubt as to the direction of oil prices for the remainder of 2023 at least.

07:42 29 Sep 2023 NBR

Nabors Industries: Domestic Drilling Activity Is Declining

Total revenues were $767.07 million (Total revenue and others were $778.81 million) in the second quarter of 2023, up from $630.94 million a year ago. Nabors Industries exited 2Q23 with 88.6 rigs, the average rig working in the U.S. (96.4 rigs in 2Q22). The daily margin increased to $16,890 per day. I recommend buying NBR stock between $115.3 and $110 to accumulate again, with potential lower support at $100.5.

10:15 29 Sep 2023 NBR

Nabors (NBR) Q2 Earnings Lag Estimates, Sales Beat

Nabors (NBR) expects $125 million capital spending for Q3 2023, with $48 million allocated for Saudi Arabian construction.

02:13 29 Sep 2023 NBR

Nabors Industries Ltd. (NBR) Q2 2023 Earnings Call Transcript

Nabors Industries Ltd. (NYSE:NBR ) Q2 2023 Earnings Conference Call July 26, 2023 11:00 AM ET Company Participants William Conroy - Vice President, Corporate Development & Investor Relations Tony Petrello - Chairman, President & Chief Executive Officer William Restrepo - Chief Financial Officer Subodh Saxena - Senior Vice President, Nabors Drilling Solutions Travis Purvis - Senior Vice President, Global Drilling Operations Conference Call Participants Waqar Syed - ATB Capital Markets Kurt Hallead - Benchmark Dan Kutz - Morgan Stanley Keith Mackey - RBC Capital Markets Arun Jayaram - JPMorgan John Daniel - Daniel Energy Partners Operator Good day, and welcome to the Nabors Industries Ltd.

04:15 29 Sep 2023 NBR

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.

12:46 29 Sep 2023 NBR

Nabors (NBR) Announces SPAC Registration With $300M IPO Plan

Nabors (NBR) announces the filing of the registration of a special purpose acquisition company with the Securities and Exchange Commission, and intends to raise $300 million from initial public offering.

08:57 29 Sep 2023 NBR

Nabors says second energy transition SPAC plans $300M IPO

Nabors Industries Ltd. (NYSE:NBR) has announced that its second blank check company, Nabors Energy Transition Corp. II (NETD), has filed to raise up to $300 million in an initial public offering (IPO) on the Nasdaq under the symbol ‘NETDU'.

07:02 29 Sep 2023 NBR

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 Nasdaq under the symbol “NETD”.

07:32 29 Sep 2023 NBR

3 Stocks to Keep Tabs on for Superb Earnings Acceleration

Some of the notable companies to have witnessed solid earnings acceleration as of now are Constellation Energy Corporation (CEG), Nabors Industries Ltd. (NBR) and Brookfield Renewable Partners (BEP).

10:18 29 Sep 2023 NBR

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

Nabors Industries' stock price has underperformed YTD due to macro concerns and weak gas prices, but its fundamentals suggest a value opportunity. The company's advanced drilling technology and global presence provide moats even if U.S. shale activity slows down. The guided FCF yield to market cap is 46% and analyst targets suggest 70% average upside.

NBR Financial details

Company Rating
Buy
Market Cap
1.17B
Income
2.84M
Revenue
3B
Book val./share
43.79
Cash/share
48.37
Dividend
-
Dividend %
-
Employees
12K
Optionable
Yes
Shortable
Yes
Earnings
23 Oct 2023
P/E
412.72
Forward P/E
-
PEG
-41.69
P/S
0.41
P/B
2.91
P/C
2.56
P/FCF
6.56
Quick Ratio
1.36
Current Ratio
1.8
Debt / Equity
6.23
LT Debt / Equity
6.22
-
-
EPS (TTM)
-0.72
EPS next Y
-
EPS next Q
-14.09
EPS this Y
-51.7%
EPS next Y
-
EPS next 5Y
5376.39%
EPS last 5Y
-18.47%
Revenue last 5Y
-2.79%
Revenue Q/Q
-1.55%
EPS Q/Q
-59.68%
-
-
-
-
SMA20
10.62%
SMA50
10.62%
SMA100
31.58%
Inst Own
87.77%
Inst Trans
1.04%
ROA
-
ROE
1%
ROC
-0.11%
Gross Margin
18%
Oper. Margin
-14%
Profit Margin
-
Payout
8%
Shs Outstand
9.54M
Shs Float
9.01M
-
-
-
-
Target Price
190
52W Range
83.05-190.9
52W High
-34.92%
52W Low
+48.98%
RSI
52
Rel Volume
0.43
Avg Volume
212.57K
Volume
90.59K
Perf Week
0.12%
Perf Month
13.01%
Perf Quarter
0.93%
Perf Half Y
3.82%
-
-
-
-
Beta
2.82987
-
-
Volatility
2.56%, 9.06%
Prev Close
-2.96%
Price
123.6525
Change
-3.46%

NBR Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric History 2018-12-312019-12-312020-12-312021-12-31 2022-12-31
Revenue per share
457.18432.79302.32265.29298.24
Net income per share
-95.84-96.77-108.07-71.49-34.53
Operating cash flow per share
48.7197.3549.5556.3856.31
Free cash flow per share
-19.9136.5221.8525.1314.35
Cash per share
72.0464.3568.25130.3750.83
Book value per share
403.84281.97163.1177.6741.47
Tangible book value per share
444.27348.01240.78183.33136.59
Share holders equity per share
403.84281.97163.1177.6741.47
Interest debt per share
570.21504.98450.95452.29305.94
Market cap
668.8M1.01B411.05M616.69M1.38B
Enterprise value
3.81B3.91B2.91B2.89B3.46B
P/E ratio
-1.04-1.49-0.54-1.13-4.49
Price to sales ratio
0.220.330.190.310.52
POCF ratio
2.051.481.181.442.75
PFCF ratio
-5.023.942.673.2310.8
P/B Ratio
0.250.510.361.043.73
PTB ratio
0.250.510.361.043.73
EV to sales
1.251.281.361.431.31
Enterprise value over EBITDA
-27.65-37.47-9.13-11.49-41.85
EV to operating cash flow
11.695.718.316.746.91
EV to free cash flow
-28.5915.2218.8515.1127.14
Earnings yield
-0.96-0.67-1.86-0.88-0.22
Free cash flow yield
-0.20.250.380.310.09
Debt to equity
1.331.692.595.536.9
Debt to assets
0.460.50.540.590.54
Net debt to EBITDA
-22.79-27.76-7.84-9.03-25.21
Current ratio
1.921.92.22.891.68
Interest coverage
-0.53-4.8-5.68-5.51-4.2
Income quality
-0.53-1.01-0.46-0.79-1.63
Dividend Yield
0.130.050.050.010
Payout ratio
-0.14-0.07-0.03-0.010
Sales general and administrative to revenue
0.090.090.10.110.09
Research and developement to revenue
0.020.020.020.020.02
Intangibles to total assets
0.020000
Capex to operating cash flow
-1.41-0.62-0.56-0.55-0.75
Capex to revenue
-0.15-0.14-0.09-0.12-0.14
Capex to depreciation
-0.53-0.49-0.23-0.34-0.56
Stock based compensation to revenue
0.010.010.010.010.01
Graham number
933.16783.55629.77353.46179.48
ROIC
-0.02-0.21-0.31-0.27-0.32
Return on tangible assets
-0.08-0.1-0.14-0.1-0.06
Graham Net
-533.33-484.17-420.67-376.17-309.35
Working capital
761.49M592.12M616M992.58M404.23M
Tangible asset value
2.97B2.45B1.7B1.39B1.22B
Net current asset value
-3.11B-3.04B-2.67B-2.61B-2.51B
Invested capital
1.331.692.595.536.9
Average receivables
727.4M604.68M408.01M325.27M307.48M
Average payables
378.13M344M258.04M237.34M283.89M
Average inventory
165.95M170.96M168.46M143.52M127.2M
Days sales outstanding
90.2854.3362.0852.0345.03
Days payables outstanding
50.4238.436.8746.7749.17
Days of inventory on hand
21.2522.9426.823.3120.03
Receivables turnover
4.046.725.887.028.11
Payables turnover
7.249.59.97.87.42
Inventory turnover
17.1715.9113.6215.6618.22
ROE
-0.24-0.34-0.66-0.92-0.83
Capex per share
-68.62-60.83-27.7-31.25-41.97

Quarterly Fundamentals Overview

Last date of statement is 2023-06-30 for Q2

Metric History 2022-06-302022-09-302022-12-312023-03-31 2023-06-30
Revenue per share
69.4876.2983.5285.0683.42
Net income per share
-7.7-0.49-6.395.371.77
Operating cash flow per share
13.315.2721.9716.8218.32
Free cash flow per share
4.863.0510.843.862.58
Cash per share
46.0346.7249.7103.8748.37
Book value per share
49.9148.2740.5443.9643.79
Tangible book value per share
141.09140.58133.55139.03120.23
Share holders equity per share
49.9148.2740.5443.9643.79
Interest debt per share
291.77289.83284.43285.32277.83
Market cap
1.22B923.09M1.41B1.12B855.41M
Enterprise value
3.4B3.09B3.5B3.2B2.93B
P/E ratio
-4.35-51.73-6.065.6713.18
Price to sales ratio
1.931.331.851.431.12
POCF ratio
10.076.647.057.255.08
PFCF ratio
27.5333.2514.2931.6236.07
P/B Ratio
2.682.13.822.772.12
PTB ratio
2.682.13.822.772.12
EV to sales
5.44.454.64.113.82
Enterprise value over EBITDA
-183.9865.821.14K26.8438
EV to operating cash flow
28.1822.2317.4820.7917.39
EV to free cash flow
77.09111.2535.4590.7123.53
Earnings yield
-0.060-0.040.040.02
Free cash flow yield
0.040.030.070.030.03
Debt to equity
5.755.96.96.386.23
Debt to assets
0.540.540.540.550.56
Net debt to EBITDA
-118.2746.15682.5417.4826.9
Current ratio
1.761.731.681.871.8
Interest coverage
-4.21-2.8-3.75-0.97-1.79
Income quality
-1.73-31.15-3.442.5210.38
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.090.080.080.080.08
Research and developement to revenue
0.020.020.020.020.02
Intangibles to total assets
00000
Capex to operating cash flow
-0.63-0.8-0.51-0.77-0.86
Capex to revenue
-0.12-0.16-0.13-0.15-0.19
Capex to depreciation
-0.47-0.65-0.6-0.73-0.91
Stock based compensation to revenue
0.010.010.010.010.01
Graham number
92.9923.0876.3572.9141.7
ROIC
-0.070.02-0.1-0.01-0.01
Return on tangible assets
-0.010-0.010.010
Graham Net
-311.96-304.71-302.45-237.19-284.27
Working capital
399.32M406.74M404.23M472.77M433.87M
Tangible asset value
1.28B1.28B1.22B1.27B1.11B
Net current asset value
-2.6B-2.52B-2.51B-2.41B-2.38B
Invested capital
5.755.96.96.386.23
Average receivables
287.66M290.54M315.18M317.2M302.2M
Average payables
275M280.64M302.1M310.29M304.15M
Average inventory
126.37M124.87M128.53M136.09M148.23M
Days sales outstanding
39.6739.2838.7635.4634.89
Days payables outstanding
43.1243.3745.1544.1244.14
Days of inventory on hand
19.1919.318.3920.7622.27
Receivables turnover
2.272.292.322.542.58
Payables turnover
2.092.081.992.042.04
Inventory turnover
4.694.664.894.344.04
ROE
-0.15-0.01-0.160.120.04
Capex per share
-8.44-12.22-11.14-12.96-15.74

NBR Frequently Asked Questions

What is Nabors Industries Ltd. stock symbol ?

Nabors Industries Ltd. is a BM stock and trading under the symbol NBR

Is Nabors Industries Ltd. buy or a sell ?

2 stock analysts have 2 predictions with a medium analyst target price of $190. The lowest prediction is $175 and the highest is $205

What is NBR stock prediction ?

What is Nabors Industries Ltd. stock quote today ?

Nabors Industries Ltd. stock price is $123.6525 today.

Is Nabors Industries Ltd. stock public?

Yes, Nabors Industries Ltd. is a publicly traded company.

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