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Last $11.44 USD
Change Today -0.17 / -1.46%
Volume 4.3M
As of 12:21 PM 08/3/15 All times are local (Market data is delayed by at least 15 minutes).

nabors industries ltd (NBR) Snapshot

Open
$11.39
Previous Close
$11.61
Day High
$11.92
Day Low
$11.25
52 Week High
08/6/14 - $27.55
52 Week Low
12/15/14 - $9.91
Market Cap
3.8B
Average Volume 10 Days
8.1M
EPS TTM
$0.26
Shares Outstanding
330.4M
EX-Date
09/4/15
P/E TM
44.1x
Dividend
$0.24
Dividend Yield
2.05%
Current Stock Chart for NABORS INDUSTRIES LTD (NBR)

nabors industries ltd (NBR) Related Businessweek News

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nabors industries ltd (NBR) Details

Nabors Industries Ltd., together with its subsidiaries, provides drilling and rig services. The company offers rig instrumentation, optimization software, and directional drilling services. It also provides completion, life-of-well maintenance, and plugging and abandonment of a well. In addition, the company markets approximately 466 land drilling rigs for oil and gas land-based drilling operations in the United States, Canada, and approximately 20 other countries worldwide; approximately 445 rigs for land well-servicing and workover services in the United States; 98 rigs for land well-servicing and workover services in Canada; 42 rigs for offshore drilling operations in the United States and internationally; and 7 jackup units and components of trucks and fluid hauling vehicles. Further, it offers hydraulic fracturing, cementing, nitrogen, and acid pressure pumping services; and well-site services, such as engineering, transportation and disposal, construction, maintenance, well logging, directional drilling, rig instrumentation, data collection, and other support services. Additionally, the company manufactures, leases, or sells top drives and other rig equipment; and offers steering systems and rig instrumentation software systems, such as ROCKIT directional drilling system and RIGWATCH software. Nabors Industries Ltd. was founded in 1968 and is headquartered in Hamilton, Bermuda.

24,700 Employees
Last Reported Date: 03/2/15
Founded in 1968

nabors industries ltd (NBR) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $1.8M
Chief Financial Officer
Total Annual Compensation: $525.0K
Corporate Secretary
Total Annual Compensation: $275.0K
Compensation as of Fiscal Year 2014.

nabors industries ltd (NBR) Key Developments

Nabors Industries Ltd. Declares Cash Dividend, Payable on September 30, 2015

On July 24, 2015, Nabors Industries Ltd. announced that the Board of Directors declared a cash dividend of $0.06 per common share, which will be paid on September 30, 2015 to shareholders of record at the close of business on September 9, 2015.

Nabors Industries Ltd. Announces Amendments to Revolving Credit Facility

Nabors Industries Ltd. announced the execution of an amendment to its existing committed, unsecured revolving credit facility. Under the terms of the amendment, the borrowing capacity under the revolving credit facility has been increased to $2.2 billion. In addition, the term of the revolving credit facility has been extended until July 2020. The current rate under the revised facility has been reduced to LIBOR plus 125 bps with standby fees of 15 bps applying to the undrawn commitment. Nabors expects to use the extended facility to provide financial flexibility for strategic investment opportunities, debt refinancing and other corporate uses. Under the terms of the revolving credit agreement, as amended, Citigroup Global Markets Inc., Mizuho Bank Ltd., HSBC Bank USA, N.A. and Wells Fargo Bank Securities, LLC., are joint lead arrangers and bookrunners. The lenders participating in the facility are Citibank, N.A., Mizuho Bank Ltd., HSBC Bank USA, N.A., Wells Fargo Bank, N.A., HSBC Bank Canada, Bank of America, N.A., Bank of Tokyo-Mitsubishi UFJ Ltd., PNC Bank, National Association, Deutsche Bank AG New York Branch, Morgan Stanley Bank, N.A., Compass Bank, U.S. Bank National Association, Goldman Sachs Bank USA, Sumitomo Mitsui Banking Corporation, Australia and New Zealand Banking Group Limited, Arab Banking Corporation, Grand Cayman Branch, and Riyad Bank, Houston Agency.

Nabors Industries Ltd. Presents at Citi Global Energy & Utilities Conference, May-12-2015 08:45 AM

Nabors Industries Ltd. Presents at Citi Global Energy & Utilities Conference, May-12-2015 08:45 AM. Venue: The Hyatt Regency, 1 Avenue de Lafayette, Boston, MA 02111, United States. Speakers: Dennis A. Smith, Director of Corporate Development & Investor Relations.

 

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Industry Analysis

NBR

Industry Average

Valuation NBR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.5x
Price/Book 0.7x
Price/Cash Flow 7.0x
TEV/Sales NM Not Meaningful
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