Nabors IndustriesNBR
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 disclosures by fund managers ($100M+ AUM)
18% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 51
11.74% more ownership
Funds ownership: 81.1% [Q3] → 92.85% (+11.74%) [Q4]
5% less capital invested
Capital invested by funds: $501M [Q3] → $478M (-$23M) [Q4]
8% less funds holding
Funds holding: 185 [Q3] → 170 (-15) [Q4]
30% less first-time investments, than exits
New positions opened: 28 | 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
3 analyst ratings
Susquehanna Charles Minervino 44% 1-year accuracy 29 / 66 met price target | 19%upside $32 | Neutral Maintained | 14 Apr 2025 |
Morgan Stanley Daniel Kutz 60% 1-year accuracy 3 / 5 met price target | 179%upside $75 | Overweight Maintained | 27 Mar 2025 |
Barclays David Anderson 31% 1-year accuracy 27 / 88 met price target | 97%upside $53 | Equal-Weight Maintained | 19 Feb 2025 |
Financial journalist opinion
Based on 10 articles about NBR published over the past 30 days
