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Nabors Industries Ltd (NBR) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Nabors Industries Ltd (NBR) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Nabors Industries Ltd owns and operates land-based drilling rig fleet. It provides offshore platform workover and drilling rigs in the United States and international markets. Nabors Industries Ltd has a market cap of $1.16 billion; its shares were traded at around $3.24 with and P/S ratio of 0.33. The dividend yield of Nabors Industries Ltd stocks is 7.42%.


For the last quarter Nabors Industries Ltd reported a revenue of $782.1 million, compared with the revenue of $708.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.1 billion, an increase of 19.2% from last year. For the last five years Nabors Industries Ltd had an average revenue decline of 18.1% a year.

The reported loss per diluted share was $1.99 for the year, compared with the loss per share of $1.29 in the previous year. The Nabors Industries Ltd had an operating margin of -3.54%, compared with the operating margin of -11.66% a year before. The 10-year historical median operating margin of Nabors Industries Ltd is 9.32%. The profitability rank of the company is 5 (out of 10).

At the current stock price of $3.24, Nabors Industries Ltd is traded at 59.2% discount to its historical median P/S valuation band of $7.94. The P/S ratio of the stock is 0.33, while the historical median P/S ratio is 0.85. The stock lost 46.21% during the past 12 months.

For the complete 20-year historical financial data of NBR, click here.

This article first appeared on GuruFocus.