NBR invests $35 million in Quaise Energy, boosting its ownership to 14% and strengthening its position in next-generation superhot geothermal drilling.
Nabors (NBR) reported earnings 30 days ago. What's next for the stock?
NBR stock surges 155% in a year, backed by strong Q2 execution and Saudi growth potential, but heavy spending and risks cloud its outlook.
Nabors is building on firmer pricing, premium rigs and international growth while working to improve cash flow and reduce debt.
NBR posts a wider-than-expected Q2 loss, but revenues top estimates as International Drilling strength offsets weakness in other segments.
Nabors Industries NYSE: NBR reported second-quarter 2026 adjusted EBITDA of $222 million, exceeding its prior outlook across all four reporting segments, as stronger daily margins in its U.S. Lower 48 and international drilling operations helped lift profitability.
Nabors Industries (NBR) came out with a quarterly loss of $2.04 per share versus the Zacks Consensus Estimate of a loss of $1.54. This compares to a loss of $2.71 per share a year ago.
The mean of analysts' price targets for Nabors (NBR) points to a 25.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
NBR is set to report Q2 results on July 28. Lower drilling solutions revenues may weigh on sales, while reduced costs could help limit earnings pressure.
Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The heavy selling pressure might have exhausted for Nabors (NBR) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Here is how Nabors Industries (NBR) and PBF Energy (PBF) have performed compared to their sector so far this year.