(NBR) Nabors Industries - Ratings and Ratios

Nabors Industries Ltd. (NYSE:NBR) is a leading global provider of drilling and drilling-related services for onshore and offshore oil and natural gas wells. The companys operations are divided into four key segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Nabors offers a comprehensive suite of services, including tubular running, managed pressure drilling, and advanced drilling-bit steering systems. The company is renowned for its innovative technologies such as ROCKit, SmartNAV, and RigCLOUD, which enhance operational efficiency and provide real-time insights. Additionally, Nabors operates a significant fleet of land-based drilling rigs and manufactures a wide range of drilling equipment, including top drives, robotic systems, and downhole tools. The company also provides aftermarket support for its installed equipment base. Headquartered in Hamilton, Bermuda, Nabors has established itself as a technological leader in the drilling sector since its inception in 1952.

Over the next three months, Nabors Industries Ltd. (NYSE:NBR) is expected to face a challenging environment. Technically, the stock is in a bearish trend, with the last price of 39.80 below its SMA 20 (50.06), SMA 50 (56.31), and SMA 200 (70.12). The ATR of 3.29 indicates moderate volatility. Fundamental analysis highlights a market cap of 453.29M USD, with a forward P/E of 20.28, suggesting expectations of future earnings growth. However, the current P/E of 0.00 reflects significant challenges in profitability. The P/B ratio of 2.37 indicates that the stock is trading above its book value, while the P/S ratio of 0.15 points to low revenue per share. Overall, the stock is likely to remain under pressure unless it breaks above the SMA 20 level. Investors should closely monitor upcoming earnings reports and industry trends for potential catalysts.