Profile
Sector:
EnergyIndustry:
Oil & Gas DrillingCountry:
BermudaIPO:
21 February 1973Website:
http://www.nabors.comNext earnings report:
25 July 2024Last dividends:
11 March 2020Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:01:16 GMTDividend
Analysts recommendations
Institutional Ownership
NBR Latest News
HAMILTON, Bermuda , June 20, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced that on June 18, 2024, William Restrepo, the Chief Financial Officer of Nabors Industries Ltd.
HAMILTON, Bermuda , June 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) closed, on June 17, 2024, an amendment and restatement of its secured credit facility.
Nabors (NBR) reported earnings 30 days ago. What's next for the stock?
Nabors (NBR) anticipates spending $190 million on capital expenditures in the second quarter of 2024, with around $70 million allocated for new construction projects in Saudi Arabia.
Nabors Industries (NBR) reported a quarterly loss of $5.16 per share, which was higher than the Zacks Consensus Estimate of a loss of $2.24 per share. This is compared to a loss of $0.55 per share in the same quarter last year.
Nabors (NBR) reported earnings 30 days ago. What's next for the stock?
Nabors (NBR) expects capital expenditures in the range of $170-$180 million for the first quarter of 2024, with approximately $50 million designated for newbuilds in Saudi Arabia.
Although the revenue and EPS for Nabors (NBR) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Nabors Industries (NBR) came out with a quarterly loss of $3.84 per share versus the Zacks Consensus Estimate of a loss of $1.54. This compares to loss of $3.89 per share a year ago.
SLB partners with Nabor (NBR) to utilize physics-informed AI models to automate drilling solutions.
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What type of business is Nabors Industries?
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada 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 REVit, an automated real time stick-slip mitigation system; 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. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
What sector is Nabors Industries in?
Nabors Industries is in the Energy sector
What industry is Nabors Industries in?
Nabors Industries is in the Oil & Gas Drilling industry
What country is Nabors Industries from?
Nabors Industries is headquartered in Bermuda
When did Nabors Industries go public?
Nabors Industries initial public offering (IPO) was on 21 February 1973
What is Nabors Industries website?
https://www.nabors.com
Is Nabors Industries in the S&P 500?
No, Nabors Industries is not included in the S&P 500 index
Is Nabors Industries in the NASDAQ 100?
No, Nabors Industries is not included in the NASDAQ 100 index
Is Nabors Industries in the Dow Jones?
No, Nabors Industries is not included in the Dow Jones index
When does Nabors Industries report earnings?
The next expected earnings date for Nabors Industries is 25 July 2024