Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company marketed approximately 300 rigs for land-based drilling operations; and 29 rigs for offshore platform drilling operations.

NBR’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Rising oil prices, spreadex forex broker review positive jobs data, and expectations OPEC+ will extend production cuts have investors betting that the worst is over. Here’s why the lumps these energy services providers took could linger.

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are quebex first individually calculated. A Wall Street analyst raising his price target can do wonders for a stock price, especially when there’s high short interest.

News & Analysis

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

• Rising oil prices, positive jobs data, and expectations OPEC+ will extend production cuts have investors betting that the worst is over.
• Compare
  NBR’s historical performance
  against its industry peers and the overall market.
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Has Nabors Industries (NBR) performed better on a particular day of the week? The chart below illustrates the average year performance (aka seasonality) for Nabors Industries (NBR). Some sectors tend to outperform during certain parts of the year.

Research & Ratings Nabors Industries Ltd.(NBR)

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. Which stocks are likely to thrive in today’s challenging market? Click the link below and we’ll send you MarketBeat’s list of ten stocks that will drive in any economic environment. The following histogram allows you determine how frequently certain daily a guide to forex day trading strategies price movements occur and thereby provides a visual representation of the stock’s volatility. Below are the latest news stories about NABORS INDUSTRIES LTD that investors may wish to consider to help them evaluate NBR as an investment opportunity. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.

Nabors Announces Fourth Quarter 2022 Results

More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. 7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Nabors Industries in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” NBR shares.

(Delayed Data from NYSE)

The company offers rig instrumentation, optimization software, and directional drilling services. It also provides completion, life-of-well maintenance, and plugging and abandonment of a well. The company was founded in 1968 and is based in Hamilton, Bermuda. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.

Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of NBR’s
competitive advantage. The energy sector still has a lot of growth left to price in. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. The list of bankrupt energy companies will likely keep growing. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, NBR info will be updated daily in your Zacks.com Portfolio Tracker – also free.

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NBR’s historical performance
against its industry peers and the overall market.

NBR Company Calendar

According to 9 analysts, the average rating for NBR stock is “Hold.” The 12-month stock price forecast is $153.89, which is an increase of 30.03% from the latest price. For more insight on analysts targets of NBR, see our NBR price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Nabors Industries shares reverse split before market open on Thursday, April 23rd 2020. The 1-50 reverse split was announced on Monday, April 20th 2020. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 22nd 2020. An investor that had 100 shares of stock prior to the reverse split would have 2 shares after the split. The following chart presents the one-year price performance for Nabors Industries (NBR).

In addition to the latest Nabors Industries (NBR) stock price, this page includes 7 charts that add a unique perspective to the latest stock quote. A quarterly cash dividend of $0.50 per share of Class A Common Stock. The quarterly cash dividend was payable on April 2, 2020 to stockholders of record on March 11, 2020. The most overbought stocks in the energy sector presents an opportunity to go short on these overvalued companies.

Provides $7 million to scale up production capacity for pioneering sodium-ion battery developer to tap emerging oilfield carbon reduction market HAMILTON, Bermuda and SANTA CLARA, Calif. , July 21, 20… Nabors connects Corva to its universal rig controls and automation platform, SmartROS™ Apps built and developed in Corva can monitor and control any rig equipped with SmartROS™ Enables exploration and… Upgrade to MarketBeat All Access to add more stocks to your watchlist.