Nabors intends to use the net proceeds from this offering, along with cash on hand, to redeem all of its 7.25% senior guaranteed notes due 2026. Any excess proceeds will be used for general corporate purposes, including, potentially, repayment of other outstanding indebtedness.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/13/2024 | $110.00 → $75.00 | Buy → Neutral | Citigroup |
| 1/16/2024 | Buy → Hold | The Benchmark Company | |
| 10/17/2023 | $160.00 → $175.00 | Equal-Weight → Overweight | Morgan Stanley |
| 7/19/2023 | Hold → Buy | The Benchmark Company | |
| 5/9/2023 | $250.00 → $150.00 | Overweight → Equal Weight | Barclays |
| 4/18/2023 | $175.00 → $165.00 | Underweight → Equal-Weight | Morgan Stanley |
| 1/19/2023 | Hold | The Benchmark Company | |
| 1/17/2023 | $210.00 | Neutral → Buy | Citigroup |
10-Q - NABORS INDUSTRIES LTD (0001163739) (Filer)
S-4 - NABORS INDUSTRIES LTD (0001163739) (Filer)
425 - NABORS INDUSTRIES LTD (0001163739) (Subject)
SC 13G/A - NABORS INDUSTRIES LTD (0001163739) (Subject)
SC 13G/A - NABORS INDUSTRIES LTD (0001163739) (Subject)
SC 13G/A - NABORS INDUSTRIES LTD (0001163739) (Subject)
4 - NABORS INDUSTRIES LTD (0001163739) (Issuer)
4 - NABORS INDUSTRIES LTD (0001163739) (Issuer)
4 - NABORS INDUSTRIES LTD (0001163739) (Issuer)
HAMILTON, Bermuda, Oct. 22, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today reported third quarter 2024 operating revenues of $732 million, compared to operating revenues of $735 million in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $56 million, compared to a net loss of $32 million in the second quarter. This equates to a loss of $6.86 per diluted share, compared to a loss per diluted share of $4.29 in the second quarter. The third quarter included net charges totaling approximately $25 million, primarily reflecting the redemption premium on the 2026 notes and market adjustments on investments. Third quar
HAMILTON, Bermuda, Oct. 21, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, October 23, 2024 at 11:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2024. Nabors will release earnings after the market closes on October 22, 2024. Date: October 23, 2024 Time: 11:00 a.m. CT (12:00 p.m. ET) Dial-in-number(s): US Toll Free: (888) 317-6003 Canada Toll Free: (866) 284-3684 International: (412) 317-6061 Participant Elite Entry Number: 4087357 Please call ten to fifteen minutes ahead of time to e
HAMILTON, Bermuda, Oct. 15, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE:NBR) and Parker Wellbore ("Parker") today announced a definitive agreement under which Nabors will acquire all of Parker's issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar. Parker provides drilling services across global energy markets. Through its Quail Tools subsidiary, Parker is the leading rental provider of high-performance downhole tubulars in the U.S. market. Internationally, Parker provides tubular rentals and repair services, with state-of-the-art facilities located in key geographies. Parker offers differentiated, c
HAMILTON, Bermuda, Oct. 22, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today reported third quarter 2024 operating revenues of $732 million, compared to operating revenues of $735 million in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $56 million, compared to a net loss of $32 million in the second quarter. This equates to a loss of $6.86 per diluted share, compared to a loss per diluted share of $4.29 in the second quarter. The third quarter included net charges totaling approximately $25 million, primarily reflecting the redemption premium on the 2026 notes and market adjustments on investments. Third quar
HAMILTON, Bermuda, Oct. 21, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, October 23, 2024 at 11:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2024. Nabors will release earnings after the market closes on October 22, 2024. Date: October 23, 2024 Time: 11:00 a.m. CT (12:00 p.m. ET) Dial-in-number(s): US Toll Free: (888) 317-6003 Canada Toll Free: (866) 284-3684 International: (412) 317-6061 Participant Elite Entry Number: 4087357 Please call ten to fifteen minutes ahead of time to e
HAMILTON, Bermuda, Oct. 15, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE:NBR) and Parker Wellbore ("Parker") today announced a definitive agreement under which Nabors will acquire all of Parker's issued and outstanding common shares in exchange for 4.8 million shares of Nabors common stock, subject to a share price collar. Parker provides drilling services across global energy markets. Through its Quail Tools subsidiary, Parker is the leading rental provider of high-performance downhole tubulars in the U.S. market. Internationally, Parker provides tubular rentals and repair services, with state-of-the-art facilities located in key geographies. Parker offers differentiated, c
On December 19, 2023, Vast's ordinary shares expected to begin trading on Nasdaq under the ticker symbol "VSTE" Vast Renewables Limited ("Vast" or the "Company"), a renewable energy company specialising in concentrated solar thermal power ("CSP") energy systems that generate zero-carbon, utility-scale electricity and industrial process heat, today announced the completion of its business combination (the "Business Combination") with Nabors Energy Transition Corp. ("NETC"), an affiliate of Nabors Industries Ltd. ("Nabors") (NYSE:NBR). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231218549845/en/ In connection with the closing
Citigroup downgraded Nabors Industries from Buy to Neutral and set a new price target of $75.00 from $110.00 previously
The Benchmark Company downgraded Nabors Industries from Buy to Hold
Morgan Stanley upgraded Nabors Industries from Equal-Weight to Overweight and set a new price target of $175.00 from $160.00 previously
U.S. stocks were lower, with the Dow Jones index falling around 350 points on Wednesday. Shares of AT&T Inc. (NYSE:T) rose during Wednesday's session following second-quarter earnings. AT&T reported fiscal second-quarter 2024 operating revenues of $29.8 billion, down 0.4% year over year and missing the analyst consensus estimate of $29.9 billion. Adjusted EPS of 57 cents is in line with the analyst consensus estimate, according to data from Benzinga Pro. AT&T shares gained 3.1% to $18.78 on Wednesday. Here are some other big stocks recording gains in today’s session. PROG Holdings, Inc. (NYSE:PRG) shares jumped 20.4% to $41.71 after the company reported better-than-expected s
Nabors Industries (NYSE:NBR) reported quarterly losses of $(4.29) per share. The company reported quarterly sales of $742.979 million which beat the analyst consensus estimate of $739.250 million by 0.50 percent. This is a 4.60 percent decrease over sales of $778.810 million the same period last year.