nabors industries ltd. - NBR

NBR

Close Chg Chg %
67.23 -1.90 -2.83%

Closed Market

65.33

-1.90 (2.83%)

Volume: 296.94K

Last Updated:

Dec 13, 2024, 3:59 PM EDT

Company Overview: nabors industries ltd. - NBR

NBR Key Data

Open

$66.75

Day Range

64.40 - 67.24

52 Week Range

59.67 - 105.96

Market Cap

$640.34M

Shares Outstanding

9.54M

Public Float

8.52M

Beta

2.05

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$17.57

Yield

0.00%

Dividend

$0.01

EX-DIVIDEND DATE

Mar 11, 2020

SHORT INTEREST

N/A

AVERAGE VOLUME

301.15K

 

NBR Performance

1 Week
 
-1.93%
 
1 Month
 
-9.47%
 
3 Months
 
4.42%
 
1 Year
 
-23.36%
 
5 Years
 
-47.06%
 

NBR Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 11
Full Ratings ➔

About nabors industries ltd. - NBR

Nabors Industries Ltd. engages in the provision of off shore platform rigs. It also provides performance tools, directional drilling services, tubular running services, and technologies for its own rig fleet and those operated by third parties. It manufactures drilling equipment and drilling rig instrumentation. It operates through the following business segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada Drilling segment operates in land-based drilling rigs in Canada. The International Drilling segment focuses on maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as proprietary drilling-bit steering systems and rig instrumentation software. The Rig Technologies segment refers to the Canrig, which manufactures and sells top drives, catwalks, wrenches, draw works, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

NBR At a Glance

Nabors Industries Ltd.
Crown House
Hamilton, Pembroke HM 08
Phone 1-441-292-1510 Revenue 3.01B
Industry Contract Drilling Net Income -41,608,000.00
Sector Industrial Services 2023 Sales Growth 13.272%
Fiscal Year-end 12 / 2024 Employees 12,000
View SEC Filings

NBR Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 0.249
Price to Book Ratio 2.348
Price to Cash Flow Ratio 1.172
Enterprise Value to EBITDA 4.157
Enterprise Value to Sales 1.266
Total Debt to Enterprise Value 0.834

NBR Efficiency

Revenue/Employee 250,498.417
Income Per Employee -3,467.333
Receivables Turnover 8.642
Total Asset Turnover 0.601

NBR Liquidity

Current Ratio 1.356
Quick Ratio 1.234
Cash Ratio 0.882

NBR Profitability

Gross Margin 18.972
Operating Margin 8.978
Pretax Margin 4.296
Net Margin -1.384
Return on Assets -0.832
Return on Equity -11.964
Return on Total Capital -1.189
Return on Invested Capital -1.435

NBR Capital Structure

Total Debt to Total Equity 971.261
Total Debt to Total Capital 90.665
Total Debt to Total Assets 60.104
Long-Term Debt to Equity 776.829
Long-Term Debt to Total Capital 72.515
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Nabors Industries Ltd. - NBR

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
2.13B 2.02B 2.65B 3.01B
Sales Growth
-29.88% -5.46% +31.53% +13.27%
Cost of Goods Sold (COGS) incl D&A
2.19B 1.98B 2.33B 2.44B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
853.70M 693.38M 665.07M 645.29M
Depreciation
851.80M 689.20M 663.10M 644.90M
Amortization of Intangibles
1.90M 4.18M 1.97M 394.00K
COGS Growth
-22.05% -9.44% +17.71% +4.49%
Gross Income
(52.73M) 37.27M 322.69M 570.31M
Gross Income Growth
-122.16% +170.69% +765.79% +76.74%
Gross Profit Margin
-2.47% +1.85% +12.16% +18.97%
2020 2021 2022 2023 5-year trend
SG&A Expense
237.08M 248.71M 278.37M 300.44M
Research & Development
33.56M 35.15M 49.94M 56.30M
Other SG&A
203.51M 213.56M 228.43M 244.15M
SGA Growth
-23.30% +4.91% +11.92% +7.93%
Other Operating Expense
- - - -
-
Unusual Expense
186.61M 61.60M 106.44M (53.77M)
EBIT after Unusual Expense
(476.41M) (273.04M) (62.12M) 323.63M
Non Operating Income/Expense
(22.88M) (43.57M) (5.67M) (9.22M)
Non-Operating Interest Income
4.71M 1.53M 15.47M 45.90M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
206.27M 171.48M 177.90M 185.28M
Interest Expense Growth
+0.96% -16.87% +3.74% +4.15%
Gross Interest Expense
206.97M 172.18M 177.90M 185.28M
Interest Capitalized
- - 700.00K 700.00K
-
Pretax Income
(705.57M) (488.09M) (245.68M) 129.12M
Pretax Income Growth
-19.81% +30.82% +49.66% +152.56%
Pretax Margin
-33.06% -24.19% -9.26% +4.30%
Income Tax
57.29M 55.62M 61.54M 79.22M
Income Tax - Current - Domestic
(41.29M) 6.01M 5.36M 7.57M
Income Tax - Current - Foreign
33.86M 60.32M 48.84M 55.77M
Income Tax - Deferred - Domestic
69.71M (7.10M) 7.58M 17.78M
Income Tax - Deferred - Foreign
(4.99M) (3.61M) (241.00K) (1.90M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - (125.00K)
-
Consolidated Net Income
(762.98M) (543.71M) (307.22M) 49.90M
Minority Interest Expense
60.24M 35.03M 53.37M 91.51M
Net Income
(823.22M) (578.74M) (360.58M) (41.61M)
Net Income Growth
-13.72% +29.70% +37.69% +88.46%
Net Margin Growth
-38.58% -28.69% -13.59% -1.38%
Extraordinaries & Discontinued Operations
- - 7.00K 20.00K
-
Discontinued Operations
- - 7.00K 20.00K
-
Net Income After Extraordinaries
(823.21M) (578.72M) (360.58M) (41.61M)
Preferred Dividends
- 14.61M 3.65M 8.64M
Net Income Available to Common
(837.82M) (582.37M) (360.58M) (50.25M)
EPS (Basic)
-118.6881 -76.5773 -40.5243 -5.486
EPS (Basic) Growth
-12.62% +35.48% +47.08% +86.46%
Basic Shares Outstanding
7.06M 7.61M 8.90M 9.16M
EPS (Diluted)
-118.6881 -76.5773 -40.5243 -5.486
EPS (Diluted) Growth
-12.62% +35.48% +47.08% +86.46%
Diluted Shares Outstanding
7.06M 7.61M 8.90M 9.16M
EBITDA
563.89M 481.94M 709.39M 915.16M
EBITDA Growth
-29.95% -14.53% +47.20% +29.01%
EBITDA Margin
+26.42% +23.89% +26.73% +30.44%

Snapshot

Average Recommendation HOLD Average Target Price 87.222
Number of Ratings 11 Current Quarters Estimate -2.043
FY Report Date 12 / 2024 Current Year's Estimate -16.731
Last Quarter’s Earnings -6.859 Median PE on CY Estimate N/A
Year Ago Earnings -12.70 Next Fiscal Year Estimate -1.876
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 8 11 11
Mean Estimate -2.04 -1.84 -16.73 -1.88
High Estimates 0.70 0.27 -12.74 4.69
Low Estimate -7.20 -3.08 -22.89 -9.04
Coefficient of Variance -100.64 -65.68 -16.08 -280.61

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 1 1 1
OVERWEIGHT 0 0 0
HOLD 9 9 9
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Hold Hold Hold

Insider Actions for Nabors Industries Ltd. - NBR

Date Name Shares Transaction Value
Jun 6, 2024 James R. Crane Director 11,336 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Michael C. Linn Director 11,336 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 John Yearwood Director 15,757 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 John P. Kotts Director 5,738 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Tanya Styblo Beder Director 10,258 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 6, 2024 Anthony R. Chase Director 7,807 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 22, 2024 Mark Douglas Andrews CORPORATE SECRETARY 7,072 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 22, 2024 Mark Douglas Andrews CORPORATE SECRETARY 10,571 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 14, 2024 Michael C. Linn Director 924 Open market or private sale of non-derivative or derivative security 0.00

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