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. When you see NBR stock appear in the results, tap it to open up the purchase screen. There are multiple ways to fund your Public account—from linking a bank account to making a deposit with a debit card or wire transfer.

There are currently 1 sell rating, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should “hold” NBR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NBR, but not buy additional shares or sell existing shares. See the current value of Nabors Industries Ltd. (Nabors Industries) shares. Here you will find stock quotes and a chart showing the up and down trends of Nabors Industries NBR stock, and you can buy stock in the app at the current price.

It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The integration of GA Drilling PLASMABIT® technology with Nabors’ industry-leading drilling operations is another bold step toward unlocking geothermal anywhere HAMILTON, Bermuda and BRATISLAVA, Slova… The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 25th 2023. Here’s why the lumps these energy services providers took could linger. 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%.

We publish analysis and forecasts to help you choose the right strategies for trading Nabors Industries Ltd. stock today, tomorrow and in the future. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more.

NBR Related ETFs

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. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.

Alternative Assets.Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured.

Trading Services

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. You can find your newly purchased NBR stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. According to 9 analysts, the average rating for NBR stock is “Hold.” The 12-month stock price forecast is $155.25, which is an increase of 42.48% from the latest price. 172 employees have rated Nabors Industries Chief Executive Officer Anthony G. Petrello on Glassdoor.com. Anthony G. Petrello has an approval rating of 61% among the company’s employees.

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. Offerings include tubular running, wellbore placement, directional drilling, measurement-while-drilling, equipment manufacturing, and rig instrumentation services. Industries was founded in 1952 and is headquartered in Hamilton, Bermuda.

Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. 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.

• To see all exchange delays and terms of use please see Barchart’s disclaimer.
• GA Drilling developed the tool to materially cut the cost of deep geothermal drilling…
• Drilling, International Drilling, Drilling Solutions, and Rig Technologies.

Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Provides a general description of the business conducted by this company. The Barchart Technical Opinion rating is a 40% Sell with a Weakest short term outlook on maintaining the current direction. Nabors (NBR) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. The headline numbers for Nabors (NBR) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and…

Halliburton (HAL) & Nabors Join Forces for Well Construction

In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

This puts Anthony G. Petrello in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Rising oil prices, positive jobs data, and expectations OPEC+ will extend production cuts have investors betting that the worst is over. Things aren’t as bad as expected for oil and gas companies…yet. The technique has proven to be very useful for finding positive surprises.

• The Barchart Technical Opinion rating is a 40% Sell with a Weakest short term outlook on maintaining the current direction.
• The move this week by OPEC+ countries to cut oil production might only be the first of a group of cuts that will raise prices for consumers while rewarding investors.
• Securities products offered by Open to the Public Investing are not FDIC insured.
• 7 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Nabors Industries in the last twelve months.

An indication of interest to purchase securities involves no obligation or commitment of any kind. All investments involve the risk of loss and the past performance of a security https://g-markets.net/helpful-articles/how-to-be-a-profitable-forex-trader/ or a financial product does not guarantee future results or returns. You should consult your legal, tax, or financial advisors before making any financial decisions.

Company Ownership

(“GA Drilling”) conducted the first public demonstration of its new deep drilling tool, ANCHORBIT ® . GA Drilling developed the tool to materially cut the cost of deep geothermal drilling… 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… (“GA Drilling”) conducted the first public demonstration of its new deep drilling tool, ANCHORBIT®.

© 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. One share of NBR stock can currently be purchased for approximately $111.13. Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates. Yesterday’s near-euphoric rally sent some oil stocks soaring, but today is a sobering reminder of the realities of the market.

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. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

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