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Nabors Industries (NBR)

(Delayed Data from NYSE)

$60.97 USD

60.97
824,372

-4.65 (-7.09%)

Updated Sep 26, 2024 04:00 PM ET

After-Market: $60.96 -0.01 (-0.02%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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4-Sell of 5       4  

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 A 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 35% (164 out of 252)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Down -19.1% in 4 Weeks, Here's Why You Should You Buy the Dip in Nabors (NBR)

The heavy selling pressure might have exhausted for Nabors (NBR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Nabors (NBR) Speeds Up Renewable Push, Backs Solar Firm Vast

A unit of Nabors Industries (NBR) and Australia's Vast Solar have agreed to a business combination deal for sustainable renewal energy projects.

Antero Midstream (AM) Beats on Q4 Earnings, Ups Net Income View

Higher freshwater delivery volumes and increased average freshwater distribution fee aid Antero Midstream's (AM) earnings in Q4.

Nabors (NBR) Q4 Loss Wider Than Expected, Sales Top Estimates

Nabors expects first-quarter 2023 capital expenditure to be $150 million and full-year 2023 CAPEX to be $490 million.

Should Value Investors Buy Nabors Industries (NBR) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Nabors Industries (NBR) Reports Q4 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -266.98% and 4.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Is Nabors Industries (NBR) Outperforming Other Oils-Energy Stocks This Year?

Here is how Nabors Industries (NBR) and Par Petroleum (PARR) have performed compared to their sector so far this year.

Patterson-UTI (PTEN) Earnings Expected to Grow: Should You Buy?

Patterson-UTI (PTEN) possesses 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 (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.

Helmerich & Payne (HP) Q1 Earnings and Revenues Surpass Estimates

Helmerich & Payne (HP) delivered earnings and revenue surprises of 37.04% and 4.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Why Fast-paced Mover Nabors (NBR) Is a Great Choice for Value Investors

Nabors (NBR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

ExxonMobil (XOM) Set to Begin Beaumont Oil Refinery Expansion

ExxonMobil (XOM) plans to advance the refinery's new CDU slowly to cope with potential startup problems.

Ethan Feller headshot

3 Oil and Gas Stocks with Huge Prospects in 2023

While many investors now believe inflation and elevated energy prices are in the rear-view mirror there are still catalysts that can cause energy prices to rally in 2023

BP Doubles Oil Production From Its Thunder Horse Project

The Thunder Horse field is one of BP's largest discoveries in the Gulf of Mexico.

Are Investors Undervaluing Nabors Industries (NBR) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Nabors (NBR) Upgraded to Strong Buy: Here's Why

Nabors (NBR) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Despite Fast-paced Momentum, Nabors (NBR) Is Still a Bargain Stock

Nabors (NBR) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Nabors (NBR) Down 6.7% 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.

Is Marathon Petroleum (MPC) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Marathon Petroleum (MPC) and Nabors Industries (NBR) have performed compared to their sector so far this year.

Nabors (NBR) Posts Wider Loss, Sales Beat Estimates in Q3

Nabors' (NBR) third-quarter 2022 loss from operations is broader than the Zacks Consensus Estimate, while quarterly revenues beat the consensus mark.

Nabors Industries (NBR) Reports Q3 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -49.33% and 2.91%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Patterson-UTI (PTEN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Does Nabors (NBR) Have the Potential to Rally 31% as Wall Street Analysts Expect?

The mean of analysts' price targets for Nabors (NBR) points to a 30.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

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.

Zacks.com featured highlights Coupang, Nabors Industries and Bank of N.T. Butterfield & Son

Coupang, Nabors Industries and Bank of N.T. Butterfield & Son have been highlighted in this Screen of The Week article.