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Nabors Industries (NBR)

(Delayed Data from NYSE)

$73.09 USD

73.09
452,703

-1.27 (-1.71%)

Updated Oct 18, 2024 04:00 PM ET

After-Market: $73.05 -0.04 (-0.05%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value B Growth F Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

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.

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%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 16% (209 out of 250)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Analysts Estimate Patterson-UTI (PTEN) to Report a Decline in Earnings: What to Look Out for

Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nabors Industries to Report Q3 Earnings: What's in the Offing?

NBR is expected to report improved revenues in Q3 earnings. However, due to increased depreciation and amortization, a lower bottom line is anticipated.

NBR Inks $372M Deal to Snap Up Parker Wellbore: Here's Why

Nabors Industries agreed to acquire Parker Wellbore: A move to strengthen global drilling services.

Will Nabors Industries (NBR) Report Negative Earnings Next Week? What You Should Know

Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Hold Strategy Makes Sense for Nabors Industries Right Now

NBR offers an appealing valuation with strong cash generation. Yet, high debt, market fluctuations and geopolitical risks should temper investors' enthusiasm.

Nilanjan Choudhury headshot

3 Resilient Stocks in the Oil and Gas Drilling Industry

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and NBR.

Helmerich & Payne Hits 52-Week Low: Should You Still Hold HP Stock?

HP's long-term prospects appear strong on the back of its advanced rig fleet, accretive KCA Deutag acquisition and low debt.

Nabors (NBR) Down 13.3% Since Last Earnings Report: Can It Rebound?

Nabors (NBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nabors (NBR) Reports Wider-Than-Expected Q2 Loss as Costs Rise

Nabors (NBR) anticipates third-quarter 2024 capital expenditures to range between $190 and $200 million, including $80 to $85 million allocated for new projects in Saudi Arabia.

Nabors Industries (NBR) Reports Q2 Loss, Misses Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -142.37% and 0.03%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Analysts Estimate Helmerich & Payne (HP) to Report a Decline in Earnings: What to Look Out for

Helmerich & Payne (HP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nilanjan Choudhury headshot

3 Oil & Gas Drilling Companies With Optimistic Prospects

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, SDRL and NBR.

Nabors (NBR) Moves 8.7% Higher: Will This Strength Last?

Nabors (NBR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Nabors Industries (NBR) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Nabors (NBR) to Report Q2 Earnings: What's in the Cards?

Nabors (NBR) is expected to report decreased revenues from the last quarter. However, it is anticipated to achieve a higher bottom line, driven by reduced costs.

Patterson-UTI (PTEN) Down 0.1% Since Last Earnings Report: Can It Rebound?

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Why Is Transocean (RIG) Up 17.1% Since Last Earnings Report?

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Why Is Nabors (NBR) Down 3.5% Since Last Earnings Report?

Nabors (NBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nabors (NBR) Incurs Loss in Q1 Earnings Season, Sales Beat

Nabors (NBR) expects capital expenditures of $190 million for the second quarter of 2024, with approximately $70 million designated for newbuilds in Saudi Arabia.

Nabors Industries (NBR) Reports Q1 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -130.36% and 1.82%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Precision Drilling (PDS) Q1 Earnings Expected to Decline

Precision Drilling (PDS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Nabors Industries (NBR) to Report a Decline in Earnings: What to Look Out for

Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Transocean (RIG) Up 29.3% Since Last Earnings Report: Can It Continue?

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Patterson-UTI (PTEN) Down 2% Since Last Earnings Report: Can It Rebound?

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nabors (NBR) Up 1.1% Since Last Earnings Report: Can It Continue?

Nabors (NBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.