Nabors Industries (NBR)

• Market cap: $595M
• 1 day: -4.09%
• 5 days: -5.92%
• 1 month: 2.74%
• 3 months: -23.89%
• 6 months: -35.95%
• Year to date: -31.86%
• 1 year: -52.06%
• 5 years: 120.45%
• 10 years: -93.95%
• Sector: Energy
• Industry: Drilling Oil & Gas Wells

About: Nabors Industries Ltd owns and operates land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and technologies. The company has four reportable segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.

Employees: 12,400

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

18% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 51

11.23% more ownership

Funds ownership: 81.61% [Q3] → 92.85% (+11.23%) [Q4]

5% less capital invested

Capital invested by funds: $504M [Q3] → $478M (-$26.1M) [Q4]

9% less funds holding

Funds holding: 185 [Q3] → 169 (-16) [Q4]

33% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 40

48% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $39.8M

50% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $45 9% upside
• Avg. target: $58 40% upside
• High target: $75 82% upside

3 analyst ratings

• positive: 1 33%
• neutral: 2 67%
• negative: 0 0%

Morgan Stanley Daniel Kutz 80% 1-year accuracy 4 / 5 met price target	82% upside $75	Overweight Maintained	27 Mar 2025
Susquehanna Charles Minervino 41% 1-year accuracy 28 / 68 met price target	9% upside $45	Neutral Maintained	13 Mar 2025
Barclays David Anderson 40% 1-year accuracy 33 / 83 met price target	28% upside $53	Equal-Weight Maintained	19 Feb 2025