NBR - Nabors Industries Ltd.

NYSE - NYSE Delayed Price. Currency in USD
6.07
-0.25 (-3.96%)
At close: 4:03PM EDT
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Previous Close6.32
Open6.32
Bid0.00 x 900
Ask0.00 x 46000
Day's Range6.07 - 6.34
52 Week Range5.32 - 8.87
Volume15,387,438
Avg. Volume13,253,036
Market Cap2.171B
Beta1.69
PE Ratio (TTM)N/A
EPS (TTM)-1.84
Earnings DateJul 31, 2018 - Aug 6, 2018
Forward Dividend & Yield0.24 (3.63%)
Ex-Dividend Date2018-06-11
1y Target Est9.62
Trade prices are not sourced from all markets
  • Libya’s Crude Oil Production and Its Effect on Oil Prices
    Market Realist4 days ago

    Libya’s Crude Oil Production and Its Effect on Oil Prices

    Yesterday, the EIA (U.S. Energy Information Administration) released its monthly short-term energy outlook report. It estimates that Libya’s crude oil production fell by 240,000 bpd (barrels per day) month-over-month to 750,000 bpd in June.

  • Nabors Industries’ Returns as of July 6
    Market Realist6 days ago

    Nabors Industries’ Returns as of July 6

    In the week ending July 6, Nabors Industries (NBR) decreased 1.9%. In comparison, the Energy Select Sector SPDR ETF (XLE), which tracks an index of US energy companies, fell 0.4%. NBR has underperformed the VanEck Vectors Oil Services ETF (OIH), which tracks an index of 25 oilfield equipment and service (or OFS) companies. OIH fell 0.4% in the past week. The SPDR S&P 500 ETF (SPY) went up 1.5%, while the SPDR S&P Oil & Gas Equipment & Services ETF (XES) declined 0.3%. Crude oil price and rig count

  • US Gasoline Inventories Help Gasoline Futures
    Market Realist6 days ago

    US Gasoline Inventories Help Gasoline Futures

    The EIA (U.S. Energy Information Administration) released its gasoline inventory data on July 5. The EIA reported that US gasoline inventories decreased by 1.5 MMbbls (million barrels) to 239.7 MMbbls on June 22–29. However, the inventories increased by 2,388,000 barrels or 1% YoY (year-over-year).

  • Analyzing Baker Hughes’s Revenues and Earnings in Q1 2018
    Market Realist9 days ago

    Analyzing Baker Hughes’s Revenues and Earnings in Q1 2018

    On a combined business basis, from Q1 2017 to Q1 2018, Baker Hughes’s (BHGE) Oilfield Services segment saw 12% higher revenues, followed by digital solutions with 4.4% revenue growth. On the other hand, its Oilfield Equipment and Turbomachinery & Process Solutions segments witnessed revenue declines of 7.3% and 11.2%, respectively, year-over-year in the first quarter. The Oilfield Services segment was the highest revenue contributor of ~50% of BHGE’s Q1 2018 revenues, followed by the Turbomachinery & Process Solutions segment with growth of 27%. 

  • ACCESSWIRE13 days ago

    Seadrill and Three Additional Stocks Under Scanner in the Oil & Gas Drilling & Exploration Space

    LONDON, UK / ACCESSWIRE / July 2, 2018 / If you want a free Stock Review on SDRL sign up now at www.wallstequities.com/registration. The oil and gas drilling industry consists of companies that are engaged in oil and gas drilling services on a contract basis.

  • NOV, Saudi Aramco form JV to provide drilling equipment, create education center
    American City Business Journals16 days ago

    NOV, Saudi Aramco form JV to provide drilling equipment, create education center

    "The joint venture adds to NOV’s growing manufacturing footprint in the Middle East to better serve our customers in the region. This will create jobs and economic growth in both the Kingdom and in our operations around the globe, including the United States."

  • Why You Should Not Buy Nabors Industries Ltd (NYSE:NBR) For Dividend
    Simply Wall St.19 days ago

    Why You Should Not Buy Nabors Industries Ltd (NYSE:NBR) For Dividend

    Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. In the past 5 years Nabors Industries LtdRead More...

  • Lower WTI Crude Oil Price Forecasts for 2018
    Market Realist26 days ago

    Lower WTI Crude Oil Price Forecasts for 2018

    July WTI crude oil futures were trading above their 100-day and 200-day moving averages of $65.46 per barrel and $60.36 per barrel, respectively, on June 18. These levels could be key support levels for WTI oil prices.

  • Options Traders Expect Huge Moves in Nabors (NBR) Stock
    Zackslast month

    Options Traders Expect Huge Moves in Nabors (NBR) Stock

    Nabors (NBR) needs investors to pay close attention to the stock based on moves in the options market lately.

  • Why Nabors Industries, PolarityTE, and Evolus Slumped Today
    Motley Foollast month

    Why Nabors Industries, PolarityTE, and Evolus Slumped Today

    Find out which of these stocks got criticism from a famous short-seller.

  • GlobeNewswirelast month

    Factors of Influence in 2018, Key Indicators and Opportunity within CNH Industrial N.V, Sanofi, New York, Nabors Industries, Aptiv, and PagSeguro Digital — New Research Emphasizes Economic Growth

    NEW YORK, June 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CNH ...

  • PR Newswirelast month

    Nabors Announces Exercise Of Underwriters' Option To Purchase Additional Common Shares

    HAMILTON, Bermuda, June 8, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NBR) ("Nabors") announced today that, in connection with its recently completed offering of 35,000,000 of its common shares at a price to the public of $7.75 per share, the underwriters have exercised in full their option to purchase 5,250,000 additional common shares, par value $0.001 per share (the "Additional Shares"). The Additional Shares were offered only by means of a base prospectus and prospectus supplement, which are part of Nabors' effective shelf registration statement previously filed by Nabors with the Securities and Exchange Commission ("SEC").

  • Where Is Nabors Industries’ Net Debt as of Q1 2018?
    Market Realistlast month

    Where Is Nabors Industries’ Net Debt as of Q1 2018?

    On March 31, 2018, NBR’s net debt was $3.9 billion compared to $3.4 billion on March 31, 2017. Nabors Industries’ shareholders’ equity decreased 15% in Q1 2018 compared to Q1 2017. NBR’s net debt-to-equity

  • US Crude Oil Rig Count Nears Multiyear High
    Market Realist2 months ago

    US Crude Oil Rig Count Nears Multiyear High

    Baker Hughes, a GE company (BHGE), released its US crude oil rig count report on May 25, indicating that the US crude oil rig count rose by 15 to reach 859 between May 11 and 18—the highest level since March 13. The rig count was 137 (~19%) higher than a year ago. WTI crude oil prices have increased ~60% since June 21, 2017, while the iShares US Oil Equipment & Services ETF (IEZ) and the VanEck Vectors Oil Services ETF (OIH) have risen ~17.8% and ~15%, respectively.

  • ACCESSWIRE2 months ago

    Petroleo Brasileiro and Three Additional Stocks Under Scanner in the Oil & Gas Space

    This Friday, WallStEquities.com has initiated reports coverage on the following Oil & Gas Drilling & Exploration equities: Nabors Industries Ltd (NYSE: NBR), Petroleo Brasileiro S.A. – Petrobras (NYSE: PBR-A), Rowan Cos. PLC (NYSE: RDC), and Seadrill Ltd (NYSE: SDRL).All you have to do is sign up today for this free limited time offer by clicking the link below.

  • Does Wall Street Love the Lowest Cash-Generating Oilfield Stocks?
    Market Realist2 months ago

    Does Wall Street Love the Lowest Cash-Generating Oilfield Stocks?

    In this final part of the series, we’ll look at Wall Street’s targets for OFS (oilfield equipment and services) stocks that produced the lowest free cash flows (or FCF) in the first quarter. Approximately 13% of the Wall Street analysts tracking National Oilwell Varco (NOV) have recommended a “buy” or equivalent as of May 18. Analysts’ consensus target price for NOV was $36.30 as of March 23.

  • Short Interest in the Lowest Five OFS Companies by Free Cash Flow
    Market Realist2 months ago

    Short Interest in the Lowest Five OFS Companies by Free Cash Flow

    Short interest in TechnipFMC (FTI) as a percentage of its float was 1.9% as of May 18 compared to 2% the previous year. Since May 18, 2017, short interest in FTI has decreased 6%. So investors’ negative bets on FTI have decreased in the past year. Since May 18, 2017, FTI stock has risen ~7%.

  • Comparing Free Cash Flows of the Lowest 5 Oilfield Companies
    Market Realist2 months ago

    Comparing Free Cash Flows of the Lowest 5 Oilfield Companies

    In this series, we’ve been looking at the lowest five OFS (oilfield equipment and services) companies by free cash flow (or FCF) for the first quarter. In this part, we’ll look at their stock returns for the past year.

  • Nabors Industries’ Cash Flow Projections for 2018
    Market Realist2 months ago

    Nabors Industries’ Cash Flow Projections for 2018

    Nabors Industries’ (NBR) cash flow from operating activities (or CFO) deteriorated sharply to -$81.7 million in the first quarter compared to the first quarter of 2017.

  • The Lowest 5 Oilfield Services Companies by Free Cash Flow
    Market Realist2 months ago

    The Lowest 5 Oilfield Services Companies by Free Cash Flow

    In this series, we’ll be looking at the lowest five free cash flow (or FCF) companies in the first quarter for the OFS (oilfield equipment and services) industry, excluding offshore drillers. We’ve selected OFS companies with market capitalizations of more than $100 million. Free cash flow is cash flow from operations less capex.

  • TheStreet.com2 months ago

    Nabors Industries Stock Is Poised to Break Out

    In the daily bar chart of NBR, below, we can see a well-defined saucer bottom pattern. The daily On-Balance-Volume (OBV) line starts an uptrend in late October just about at the halfway point of the base. In this weekly bar chart of NBR, below, we can see that prices are above the flat 40-week moving average line.

  • Why Hold Strategy Is Apt for Nabors (NBR) Stock Right Now
    Zacks2 months ago

    Why Hold Strategy Is Apt for Nabors (NBR) Stock Right Now

    Nabors (NBR) is well positioned on a sound mix of high performance rigs and new rigs operating in the key shale plays.

  • Will Nabors’ Indebtedness Improve after Equity Offerings?
    Market Realist2 months ago

    Will Nabors’ Indebtedness Improve after Equity Offerings?

    On May 10, Nabors Industries (NBR) announced the offering of 35 million common shares at $7.75 per share. It also priced the offering of its 5 million convertible preferred shares at $50 per share. In addition, both offerings allow the underwriters to purchase up to an additional 5.3 million common shares and 750,000 preferred shares.

  • MarketWatch2 months ago

    Nabors Industries' stock sinks on heavy volume after 35 million share offering

    Shares of Nabors Industries Ltd. sank 4.1% in very active premarket trade Thursday, after the oil services company announced the pricing of a relatively large common stock offering at a discount. The company said it priced an offering of 35 million common shares, which amounts to 11% of the shares outstanding as of April 27, at $7.75.

  • PR Newswire2 months ago

    Nabors Announces Pricing Of Common Shares And Mandatory Convertible Preferred Shares

    HAMILTON, Bermuda, May 10, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NBR) ("Nabors") announced today the pricing of its offerings of 35,000,000 of its common shares at a price to the public of $7.75 per share and 5,000,000 of its new 6.00% mandatory convertible preferred shares, series A (the "mandatory convertible preferred shares") at a price to the public of $50 per share. Unless converted earlier, each mandatory convertible preferred share will convert automatically on or about May 1, 2021, into between 5.3763 and 6.4516 of Nabors' common shares, subject to anti-dilution and other adjustments, determined based on the average of the volume-weighted average prices of Nabors' common shares over the 20-trading day period commencing on and including the 21st scheduled trading day immediately preceding May 1, 2021.