Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Nabors Industries Ltd.

NBRNYSE
Wall Street Score · overall investment62/100
$88.58USD$-1.29 (-1.44%)
Company website www.nabors.com
HeadquartersCrown House, Hamilton, PE, HM 08, BM
Financial statement currencyUSD · no FX conversion applied
Energy · Oil & Gas Drilling
Price updated todayFinancials updated Oct 23, 2026

NBR · Price history

Price at last available close

$88.58

+$10.46 (+13.39%) 1M

2026-10-29

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Company & revenue

About Nabors Industries Ltd.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

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. The company operates through four segments: U. S.

How they make money

Nabors generates revenue primarily by providing land-based drilling and drilling-related services to oil and natural gas exploration and production companies. The company operates through a fleet of rigs, charging customers based on dayrates for drilling services, while also providing proprietary technology, automation, and engineering solutions to improve drilling efficiency and safety.

Products & services

Land-based drilling rigs, offshore drilling services, automated drilling systems, directional drilling, and specialized drilling-related equipment and software.

Brands & revenue mix

No separate brand or brand-level revenue disclosure was confirmed in the reviewed sources. This does not mean the company has no brands.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Oil and natural gas exploration and production companiesSource

Customer concentration

The company does not disclose specific major customers by name, but notes that its business is subject to the capital expenditure budgets and drilling activity levels of its exploration and production clients.

Suppliers, materials & equipment

  • Oilfield equipment and component manufacturers — Various third-party vendors providing raw materials, specialized drilling components, and electronic parts for rig maintenance and manufacturing.Source

Competitors

  • Helmerich & Payne, Inc. — A provider of land-based drilling services that competes with Nabors in the U.S. and international markets.Source
  • Precision Drilling Corporation — A competitor providing land drilling and related services, primarily in North America.Source

Strengths

  • Large, technologically advanced land-based drilling rig fleetSource
  • Global operational footprint in over 20 countriesSource

Risks

  • Dependence on oil and natural gas commodity prices and customer capital spendingSource
  • Risks associated with international operations and geopolitical instabilitySource

Financial risk observations and what to check

These are saved observations about business performance, not predictions. Review the company filings alongside the interpretation below. Latest stored financial period end: 2026-06-30.

Diluted weighted-average shares increased 16.3% year over year.

Compare per-share results with total earnings and inspect the equity footnote. A change in weighted-average shares does not by itself establish the cause, the number of shares issued today, or the economic effect of a split.

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

62

Fair

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

40

Weak

Financial Strength

59

Business Quality / Moat

7

Management

70

Growth Quality

33

Risk / Durability

13

Cheap for a Reason · Review the Risks

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

70

Fully Valued

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

64/100

Building Historical Record

Model Score 64/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.

At today’s price, the WSS valuation framework currently reads as moderate rather than unusually attractive.

The model outlook is currently moderate.

What we like
  • •Valuation scores attractively
What to watch
  • •Debt service risk
  • •Revenue fundamentals are weak

Company-specific research

Questions worth answering for NBR

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can NBR maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •How long can NBR fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Is NBR's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •Is NBR's valuation discount tied to a temporary concern or to a longer-term business risk?
  • •What does the current fundamental change risk warning mean for the reliability or interpretation of NBR's score?
Debt service risk
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

62

0–100 · Fair

Opportunity Score

70

0–100 · Fair

Market Cap

$1.35B

P/E Ratio

5.5

EPS

$14.84

52-Week High

$112.90

52-Week Low

$44.04

Beta

1.02

Intrinsic Value

$312.17

Analyst Target

$101.50

Shares Outstanding

14.4M

Total Revenue

$3.22B

Total Debt

$2.13B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$100.02

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
77/ 100
+40 pts / 5d

Building upward momentum

5D +13.9% · 20D +11.0% · RSI 63 · Price vs 20D avg +9.3%
Volatility
45/ 100
+18 pts / 5d

Normal movement

20D realized vol 50.9% · 60D 46.4% · Acceleration 1.10x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for NBR

Detected from reported data — verify before acting.

Dividend history reported

Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.

Debt service risk

Interest coverage is low (~1.2x). Earnings may be strained to cover interest expense.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on NBR.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Large, technologically advanced land-based drilling rig fleet.
  • +Global operational footprint in over 20 countries.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Oil & Gas Drilling industry.
  • −Dependence on oil and natural gas commodity prices and customer capital spending.
  • −Risks associated with international operations and geopolitical instability.
  • −Diluted weighted-average shares increased 16.3% year over year.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Fair62/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Fair

62

Tap for breakdown →

Fair

64

Debt Cost8.4%
Debt Reduction YoY-1.2%
Debt / Equity4.34x

Tap for breakdown →

Weak

41

Revenue YoY1.0%
Revenue CAGR2.9%
Net Margin6.5%

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Fair

60

Asset Growth YoY6.3%
Liquidation/Share$100.02
Net Assets/MCap1.85x

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Fair

67

Earnings Yield16.9%
Buyback Yield0.0%
Debt Cost8.4%

Tap for breakdown →

Strong

70

ROIC8.5%
ROE38.6%
ROA4.7%

Tap for breakdown →

Poor

7

EPS Growth—
FCF/Share Growth—
Rev/Share Growth-13.4%

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Elite

100

Intrinsic Value$312.17
Value Reference$187.30
MOS71.2%

Tap for breakdown →

Fair

55

Revenue41
Moat7
Valuation100

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Elite

100

MOS %71.2%
Value Reference$187.30
Deep Discount Reference$124.87

Tap for breakdown →

Fair

54

Interest Coverage1.2x
ROIC8.5%
FCF Yield-1.8%

Tap for breakdown →

Strong

75

Financial54
Valuation100
Debt64

Tap for breakdown →

Fair

51

Survival Years41.5 yrs
Current Ratio1.56x
FCF Margin-0.7%

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Score Changes

4 historical score records available

Previous Score

62

Oct 8, 2026

Change

Unchanged

Current Score

62

Oct 23, 2026

Category Changes

Revenue-5.6
Debt-0.1
Assets0
Capital0
Management0
Moat0
Valuation0
Buffett-1.2

NBR score was unchanged.

Negative Contributors

  • − Revenue declined by 5.6 points

Projected Score

Projected Score

59

Projected Change

-2.7 points

Preliminary comparable-period financial changes suggest decline of approximately 2.7 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Review model assumptions

This model estimate is more than three times the share price.

This is a formula-based estimate, not a verified fair value or price target. Check the earnings and growth assumptions.

Stored EPS: $14.84 · Growth assumption: 2.9% · Earnings multiplier: 14.4×.

Current Price

$88.58

Model Intrinsic Value

$312.17

Difference

−$223.59

-71.6% vs IV

Margin of Safety

71.6%

Value Reference: $187.30
Deep Discount Reference: $124.87

Financial Charts

Revenue

201420152016201720182019202020212022202320242025$0$2.0B$4.0B$6.0B$8.0B

Additional Metrics

Operating Cash Flow

201520172019202120232025$0$450M$900M$1.4B$1.8B

Total Debt

201520172019202120232025$0$1.5B$3.0B$4.5B$6.0B

Total Assets

201520172019202120232025$0$3.0B$6.0B$9.0B$12.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM2025202420232022202120202019201820172016
Revenue$3.22B$3.18B$2.93B$3.01B····························
Cost of Revenue$2.41B$2.56B$2.38B$1.79B····························
Gross Profit$807.5M$621.1M$554.3M$1.22B····························
Research & Development$54.0M$53.1M$57.1M$56.3M····························
SG&A Expenses$296.5M$304.6M$249.3M$244.1M····························
Operating Expenses$559.4M$357.6M$306.4M$300.4M····························
EBITDA$1.31B$1.40B$813.2M$915.2M····························
Operating Income$248.1M$263.4M$247.9M$915.2M····························
Interest Expense$191.4M$215.4M$210.9M$185.3M····························
Income Before Tax$480.5M$537.5M-$31.0M$129.1M····························
Income Tax Expense$158.3M$163.1M$56.9M$79.2M····························
Net Income$209.8M$248.3M-$176.1M-$11.8M····························
Basic EPS$14.84$18.75$-22.37$-5.49····························
Basic Shares14.27M13.19M9.20M9.16M····························
Diluted Shares14.27M14.42M9.20M9.16M····························
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$816.9M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$2.04

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-20.8%

Cash Change

+31.6%

Margin Change

+0.2 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Margins expanded
  • Cash position grew
  • Debt reduced

Potential Score Impact

Positive indicators included cash levels, debt levels, net income margin. Pressure indicators included revenue growth, EPS growth. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue declined 1.9%. EPS declined 36.1%. Cash increased 31.6%. Total debt declined 20.8%. Net income margin improved by 0.2 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 122 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

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Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Log in to view dividend history.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

4 historical records
Jul 24, 26Oct 1, 26Oct 8, 26Oct 23, 260255075100

Historical Score Chart

3 of 4 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 1 more record and the complete score history.Start Free Trial

Wall Street Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Debt Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Revenue Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Asset Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Capital Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Management Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Moat Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Valuation Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Buffett Score

Oct 1, 26Oct 8, 26Oct 23, 260255075100

Intrinsic Value

Oct 1, 26Oct 8, 26Oct 23, 26$312.00$315.00$318.00$321.00$324.00

Value Reference

Oct 1, 26Oct 8, 26Oct 23, 26$186.00$188.00$190.00$192.00$194.00

Margin of Safety %

Oct 1, 26Oct 8, 26Oct 23, 260.7%0.7%0.7%0.8%0.8%

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News

Rumor Mill · NBR

Corporate developments & opportunities

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No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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