June 14, 2019 Price forecast | 2 weeks: 4.87% | 1 month: 6.44% | 3 months: 15.43% | Premium Forecast


NBR stock forecast

Our latest prediction for Nabors Industries Ltd.'s stock price was made on the June 14, 2019 when the stock price was at 2.04$.

In the short term (2weeks), NBR's stock price should outperform the market by 4.87%. During that period the price should oscillate between -8.27% and +18.42%.

In the medium term (3months), NBR's stock price should outperform the market by 15.43%. During that period the price should oscillate between -18.30% and +48.33%.


About Nabors Industries Ltd.

Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in states and Alaska as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses in maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment comprises Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, and drilling related equipment such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

At the moment the company generates 3123M USD in revenues.

On its last earning announcement, the company reported a loss of -1.89$ per share.

The book value per share is 8.57$

Nabors Industries Ltd. website


Three months stock forecastJune 14, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
3123M 35.20% -84M -2.70% -614M -1.89 0.19 - 345M 8.57 477M -506M -29M