OakChart

Nabors Industries Ltd

NBREnergy·Oil & Gas Drilling·Bermuda·Small·NYSE·Nov 11 • 10:13 AM ET

79.84+2.52 (3.26%)
2026-11-11 16:14 CET
Market cap
1,174.22 USD m
Revenue, TTM
3,268.07 USD m
Net income, TTM
-66.48 USD m
Free cash flow, TTM
110.45 USD m
EPS diluted, TTM
-4.64
P/E
-
Compare

Price

NBR against its 20, 50 and 200-day averages
2050200beatmiss
60.0080.00100.00293K586KMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26NBRclose 79.8420-day 80.4050-day 82.77200-day 85.1279.84

29.3% under 112.90 on 18 May 2026. Last 15 sessions, 28.3% high to low

Profile

NBR
52-week range, 52% of the way up
44.04112.9

Nabors Industries Ltd. engages in the provision of off shore platform rigs. It also provides performance tools, directional drilling services, tubular running services, and technologies for its own rig fleet and those operated by third parties. It manufactures drilling equipment and drilling rig instrumentation. It operates through the following business segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower states and Alaska, as well as offshore operations in the Gulf of Mexico The International Drilling segment focuses on maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as proprietary drilling-bit steering systems and rig instrumentation software. The Rig Technologies segment refers to the Canrig, which manufactures and sells top drives, catwalks, wrenches, draw works, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

IndexRUT
Employees13900
IPOJul 02, 1962
Beta1.10
ATR, 14d4.23
Rel volume1.93
Short float6.17%
Insider own6.11%
Inst own83.84%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap1.21B
Enterprise Value3.70B
Income-66.48M
Sales3.27B
Book/sh37.26
Cash/sh31.29
Dividend Est.-
Dividend TTM-
Dividend Ex-DateMar 11, 2020
Dividend Gr. 3/5Y- -
Payout0.00%
Employees13900
IPOJul 02, 1962

Ratios

P/E-
Forward P/E16.51
PEG-
P/S0.37
P/B2.14
P/C2.55
P/FCF10.98
EV/EBITDA4.11
EV/Sales1.13
Quick Ratio1.64
Current Ratio1.77
Debt/Eq3.59
LT Debt/Eq3.57
Option/ShortYes / Yes

Earnings

EPS (ttm)-4.64
EPS next Y4.84
EPS next Q0.89
EPS this Y-117.96%
EPS next Y254.88%
EPS next 5Y-21.15%
EPS past 3/5Y- -
Sales past 3/5Y6.27% 8.34%
EPS Y/Y TTM-141.37%
Sales Y/Y TTM4.85%
EPS Q/Q-107.36%
Sales Q/Q6.60%
EarningsOct 27 AMC
EPS/Sales Surpr.-780.68% 1.51%

Ownership

Insider Own6.11%
Insider Trans-0.34%
Inst Own83.84%
Inst Trans5.42%
ROA-1.43%
ROE-11.56%
ROIC-2.56%
Gross Margin18.62%
Oper. Margin8.07%
Profit Margin-2.03%
SMA20-0.69%
SMA50-3.54%
SMA200-6.20%
Trades-

Technical

Shs Outstand15.19M
Shs Float14.26M
Short Float6.17%
Short Ratio3.93
Short Interest0.88M
52W High112.90 -29.28%
52W Low44.04 81.29%
Volatility6.88% 5.14%
ATR (14)4.23
RSI (14)48.97
Beta1.10
Rel Volume1.93
Avg Volume223.72K
Volume66,754

Performance

Perf Week5.05%
Perf Month-0.68%
Perf Quarter-12.60%
Perf Half Y-21.22%
Perf YTD47.04%
Perf Year54.16%
Perf 3Y-10.62%
Perf 5Y-23.53%
Perf 10Y-87.31%
Recom2.50
Target Price110.86
Prev Close77.32
Price79.84
Change %3.26%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
May 07, 2026UpgradeBBarclaysUnderweight → Equal Weight$99+24.0%
Dec 18, 2025UpgradePPiper SandlerUnderweight → Overweight$65-18.6%
Jul 15, 2025InitiatedPPiper SandlerUnderweight$30-62.4%
May 19, 2025DowngradeBBarclaysEqual Weight → Underweight$28-64.9%
Sep 13, 2024DowngradeCCitigroupBuy → Neutral$110 → $75-6.1%
Jan 16, 2024DowngradeTThe Benchmark CompanyBuy → Hold
Oct 17, 2023UpgradeMMorgan StanleyEqual-Weight → Overweight$160 → $175+119.2%
Jul 19, 2023UpgradeTThe Benchmark CompanyHold → Buy
May 09, 2023DowngradeBBarclaysOverweight → Equal Weight$250 → $150+87.9%
Apr 18, 2023UpgradeMMorgan StanleyUnderweight → Equal-Weight$175 → $165+106.7%

Peers

Mkt cap
TickerCompanyMkt cap
HPHelmerich & Payne Inc3.67B
PTENPatterson-UTI Energy Inc3.95B
PDSPrecision Drilling Corp1.17B
BORRBorr Drilling Ltd1.02B
NENoble Corp Plc6.73B
RIGTransocean Ltd5.98B
VALValaris Ltd5.66B
SDRLSeadrill Ltd2.76B
NOVNOV Inc6.38B
WFRDWeatherford International plc6.26B

Insider trading

7 filings
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Tudor David JDirectorAug 28 '26Sale92.303,200295,3605,264Aug 28 05:19 PM
Tudor David JDirectorAug 28 '26Proposed Sale92.023,200294,461Aug 28 12:11 PM
YEARWOOD JOHNDirectorFeb 20 '26Buy78.126,410500,74728,444Feb 24 04:07 PM
Restrepo William JFormer Chief Financial OfficerJan 01 '26Option Exercise0.0017,1050128,434Jan 05 09:02 AM
Andrews Mark DCORPORATE SECRETARYJan 01 '26Option Exercise0.001,642019,755Jan 05 08:56 AM
Rodriguez Rodriguez Miguel AngCHIEF FINANCIAL OFFICERJan 01 '26Option Exercise0.002,736021,944Jan 05 08:51 AM
PETRELLO ANTHONY GCHAIRMAN, PRESIDENT & CEOJan 01 '26Option Exercise0.0054,5140113,771Jan 05 08:48 AM

Held by

AUM
TickerCompanyAUM
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
OIHVanEck Oil Services ETFAUM: 1.76B
DFATU.S. Targeted Value Portfolio-ETF Class Shares-
VXFVanguard Extended Market Index ETFAUM: 30.47B
FNDASchwab Fundamental U.S. Small Company ETFAUM: 8.98B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
XESState Street SPDR S&P Oil & Gas Equipment & Services ETFAUM: 265.23M
FESMFidelity Enhanced Small Cap Core ETFAUM: 6.82B

News

latest 14 of 206
  • Nabors: Q3 Earnings Snapshot (Associated Press) +10.51%
  • Nabors Misses On GAAP EPS As Minority Interest And Taxes Absorb A Strong Operating Quarter; Free Cash Flow Outlook Nearly Quadruples (Earnings Whispers)
  • Record International Drilling Margin. $75 Million in Adjusted Free Cash Flow. Nabors Reports Third Quarter 2026 Results. (PR Newswire)
  • Nabors Industries Ltd. 3rd Quarter 2026 Earnings Conference Call Invitation (PR Newswire)
  • Quaise Energy raises $180m for Project Obsidian geothermal plant (Power Technology)
  • Loading…
  • Nabors Expands Geothermal Growth Platform with $35 Million Strategic Investment in Quaise Energy (PR Newswire)
  • Who Were the Top USA Drillers, Customers in 1Q 2026? (Rigzone.com)
  • Nabors: Q2 Earnings Snapshot (Associated Press)
  • Momentum Accelerates. Cash Flow Improves. Nabors 2Q 2026 Results (PR Newswire)
  • Nabors Industries Ltd. 2nd Quarter 2026 Earnings Conference Call Invitation (PR Newswire) -7.89%
  • Palo Alto CEOs Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America (Bloomberg)
  • Nabors Industries Ltd (NBR) Q1 2026 Earnings Call Highlights: Resilience Amidst Challenges and ... (GuruFocus.com)
  • Nabors: Q1 Earnings Snapshot (Associated Press) +11.28%

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-27-1.240-0.1411.102872.19859.27
2026Q22026-07-28-2.040-1.302-2.038814.8809.289
2026Q12026-04-28-1.540-2.491-1.537783.55769.336
2025Q42026-02-110.170-1.8740.173797.53794.158
2025Q32025-10-2816.850-1.91316.850818.19825.357
2025Q22025-07-29-2.710-0.850-2.711832.79842.3510
2025Q12025-04-292.180-2.9202.183736.19718.629
2024Q42025-02-12-6.670-1.604-6.672729.82738.3410
2024Q32024-10-22-6.859-2.009-6.859731.81747.611
2024Q22024-07-23-4.294-2.830-4.294734.8737.916
2024Q12024-04-24-3.920-1.611-4.535733.7727.2411
2023Q42024-02-06-1.560-1.147-1.879725.8744.0511
2023Q32023-10-25-7.120-0.387-6.259733.97755.4511
2023Q22023-07-25-2.2601.604-0.307767.0777111
2023Q12023-04-24-1.4301.4154.115779.14769.911
2022Q42023-02-07-7.870-1.099-7.875760.15743.648

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY-87.500-83.026-95.0002,5652,572
2018FY-63.986-63.824-99.6083,0583,080
2019FY-63.626-68.276-105.393,0433,081
2020FY-118.69-85.909-118.692,1342,108
2021FY-76.580-64.287-76.5772,0182,019
2022FY-40.520-28.774-40.5242,6542,634
2023FY-12.700-10.795-5.4863,0063,025
2024FY-22.370-16.493-22.3662,9302,936
2025FY17.39015.95425.9733,1853,183
2026FY--3.123--3,346
2027FY-4.836--3,667
2028FY-8.524--3,898

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-06502881.78857896.7
2026Q4S2026-11-03602886.15857908
2026Q4S2026-11-02602886.05857908
2026Q4S2026-10-29601888.05869908
2026Q4S2026-10-28601886.82869908
2026Q4S2026-10-27600890.35869916.5
2026Q4S2026-10-19600890.35869916.5
2026Q4S2026-10-17600891.02869916.5
2026Q4S2026-10-12610891.02869916.5
2026Q4S2026-09-20640891.02869916.5
2026Q4S2026-09-03641891.02869916.5
2026Q4S2026-08-08541892.08869916.5
2026Q4S2026-08-03641891.43869916.5
2026Q4S2026-07-29631888.32858.94916.5

Estimate history

EPS, annual-95-99.608-105.388-118.688-76.577-40.524-5.486-22.36617.395-4.6434
Period201720182019202020212022202320242025TTM
EPS, quarterly-6.859-6.6722.183-2.71116.850.173-1.537-2.038-1.241
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual2564.2853057.6193043.3832134.0432017.5482653.7663005.9812930.1263184.6933268.07
Period201720182019202020212022202320242025TTM
Sales, quarterly731.805729.819736.186832.788818.19797.529783.548814.795872.194
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual6.2947.1377.2687.2938.2059.4159.3959.514.54215.189
Period201720182019202020212022202320242025MRQ
Shares, quarterly9.5489.514.53414.57214.55714.54214.79814.80115.189
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue3,268.073,184.692,930.133,005.982,653.772,017.552,134.043,043.383,057.62
Cost of Goods Sold Incl. D&A2,659.632,563.612,375.822,435.672,331.081,980.282,186.772,805.422,843.84
Gross Profit608.43621.08554.31570.31322.6937.27-52.73237.96213.78
Selling, General and Administrative Excl. Other350.53357.65306.38300.44278.37248.71237.08309.09321.97
Research and Development54.3853.0657.0656.3049.9435.1533.5650.3656.15
Other Operating Expense-5.840.000.000.000.000.000.000.000.00
Operating Income263.74263.43247.93269.8644.32-211.44-289.81-71.13-108.19
Interest Expense179.15215.37210.86185.28177.90171.48206.27204.31227.12
Unusual Expense27.1093.7137.09-53.77106.4461.60186.61252.4889.72
Net Income Before Taxes96.89537.53-31.04129.12-245.68-488.09-705.57-588.92-518.79
Income Taxes61.17163.0956.9579.2261.5455.6257.2991.5879.27
Consolidated Net Income7.80336.15-117.7149.90-307.22-543.71-762.98-680.96-599.88
Net Income From Continuing Operations-66.23248.34-205.81-41.61-360.58-578.74-823.22-723.87-639.20
Net Income-66.48247.34-205.81-50.25-360.58-582.37-837.82-741.12-666.17
EPS (Recurring)-3.2821.95-19.54-9.60-32.15-70.91-100.18-80.26-90.22
EPS (Basic, Before Extraordinaries)-4.6418.75-22.37-5.49-40.52-76.58-118.69-105.39-99.61
EPS (Diluted)-4.6417.39-22.37-5.49-40.52-76.58-118.69-105.39-99.61
EBITDA899.41912.67881.34915.16709.39481.94563.89804.96758.68
Non-Operating Income (Expense)39.39583.17-31.01-9.22-5.67-43.57-22.88-61.01-93.76
Other After Tax Adjustments-27.92-38.28-29.720.000.000.00-0.12-0.46-1.82
Stock Option Compensation Expense17.4718.4913.0412.5215.8314.1317.9918.0020.85
Price To Sales Ratio0.350.250.180.250.520.310.190.330.22
Gross Margin18.6219.5018.9218.9712.161.85-2.477.826.99
Operating Margin8.078.278.468.981.67-10.48-13.58-2.34-3.54
Net Margin-2.037.77-7.02-1.67-13.59-28.87-39.26-24.35-21.79
Shares Outstanding15.1914.549.509.399.418.217.297.277.14
Market Capitalization1,174.221,174.22545.41772.641,458.21668.27424.731,046.59713.70

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue872.19814.79783.55797.53818.19832.79736.19729.82
Cost of Goods Sold Incl. D&A696.32668.10649.65645.55652.17663.94601.94589.75
Gross Profit175.87146.69133.89151.97166.01168.85134.25140.07
Selling, General and Administrative Excl. Other90.0785.5885.2789.6190.0595.4582.5475.87
Research and Development13.3414.2113.5113.3312.9812.7214.0414.43
Other Operating Expense0.000.00-5.840.000.000.000.000.00
Operating Income85.8061.1154.4762.3775.9673.4051.7164.20
Interest Expense42.0942.6843.7650.6254.3356.0854.3353.64
Unusual Expense6.575.33-8.0823.2816.798.5545.0914.19
Net Income Before Taxes36.4314.8821.1524.43420.0420.8772.19-17.64
Income Taxes20.4416.4116.887.44117.5723.0815.0115.23
Consolidated Net Income9.15-8.28-2.429.35286.29-9.4749.99-40.66
Net Income From Continuing Operations-18.00-29.09-21.852.70258.03-38.1725.80-61.47
Net Income-18.00-29.09-21.852.45257.28-38.1724.63-61.47
EPS (Recurring)-0.92-1.78-1.941.3217.62-2.294.89-5.59
EPS (Basic, Before Extraordinaries)-1.24-2.04-1.540.1718.25-2.712.35-6.67
EPS (Diluted)-1.24-2.04-1.540.1716.85-2.712.18-6.67
EBITDA245.54221.66210.65221.56236.31248.46206.34220.54
Non-Operating Income (Expense)-0.711.782.3635.97415.2012.11119.89-14.00
Other After Tax Adjustments-6.83-6.76-6.68-7.64-16.17-7.26-7.18-7.79
Stock Option Compensation Expense3.533.563.466.925.984.513.283.69
Price To Earnings Ratio-6.585.225.63----
Price To Sales Ratio0.350.370.380.240.200.130.170.18
Gross Margin20.1618.0017.0919.0620.2920.2718.2419.19
Operating Margin9.847.506.957.829.288.817.028.80
Net Margin-2.06-3.57-2.790.3131.44-4.583.35-8.42
Shares Outstanding15.1914.8014.8014.5414.5614.5714.539.50
Market Capitalization1,174.221,243.001,262.78518.03389.91267.32397.92545.41

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments940.74397.301,070.18452.31991.49481.75452.50481.80365.37
Short Term Receivables391.70387.97347.84327.40287.57362.98453.04756.32698.48
Inventories94.79129.98147.80127.95126.45160.59176.34165.59166.31
Other Current Assets124.3484.2979.8692.96112.30126.16166.79189.85155.99
Total Current Assets1,551.57999.541,645.681,000.621,517.811,131.461,248.671,593.561,386.14
Net Property, Plant & Equipment2,960.112,833.762,929.383,060.603,355.553,985.714,930.555,467.876,109.56
Total Investments and Advances0.00331.78315.49284.84281.520.000.000.000.00
Intangible Assets------28.38183.91173.23
Deferred Tax Assets189.22216.30238.87257.32258.63247.17305.84345.09419.00
Other Assets88.75122.93148.55126.47111.85139.09247.22263.51314.05
Total Assets4,789.664,504.305,277.974,729.855,525.365,503.436,760.667,853.948,401.98
Short Term Debt Incl. Current Port. of LT Debt387.236.77635.046.785.428.3013.480.560.18
Accounts Payable300.47321.03294.44314.04253.75220.92295.16392.84363.42
Income Tax Payable26.3020.3654.2627.9918.8910.1614.6320.7622.84
Other Current Liabilities279.01223.76230.24247.57247.17276.08333.28417.91533.04
Total Current Liabilities993.00571.921,213.98596.39525.23515.47656.55832.08919.48
Long Term Debt2,147.662,527.362,537.232,565.323,281.522,968.703,366.623,585.884,027.77
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities7.132.491.372.862.771.583.156.3110.34
Other Liabilities204.23196.20244.30349.89321.62318.03258.79274.49301.63
Total Liabilities3,352.013,297.963,996.883,514.464,131.143,803.784,285.104,698.765,259.21
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.010.010.010.00
Common Equity590.73135.00326.61368.96590.661,151.381,982.812,700.842,911.82
Total Shareholders Equity590.73135.00326.61368.96590.661,151.381,982.812,700.852,911.82
Accumulated Minority Interest846.921,071.34954.47846.44803.57548.26492.75454.34230.96
Total Equity1,437.641,206.341,281.091,215.391,394.221,699.652,475.563,155.193,142.77
Total Liabilities & Stockholders Equity4,789.664,504.305,277.974,729.855,525.365,503.436,760.667,853.948,401.98
Book Value Per Share40.6214.2134.7739.1971.99157.87272.81378.43462.62
Tangible Book Value Per Share40.6214.2134.7739.1971.99157.87268.91352.66435.10
Full-Time Employees13,90012,40012,00012,00010,00010,00014,00015,00015,000
Price to Book Ratio2.082.852.223.321.130.370.530.260.67
Return on Assets5.34-4.21-0.83-7.03-10.50-13.42-9.91-7.86-5.91
Return on Equity68.44-89.17-11.96-75.15-66.44-52.53-30.91-22.78-15.91
Return on Invested Capital9.07-7.73-1.45-12.29-14.95-19.98-13.53-10.40-7.69
Quick Ratio1.471.521.231.462.651.881.631.721.33
Current Ratio1.561.751.361.682.892.201.901.921.51

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income35.72374.43-87.9949.90-307.22-543.71-762.85-680.51-612.73
Depreciation635.67649.23633.41645.29665.07693.38853.70876.10868.51
Other Funds (Non Cash)19.69-500.07115.54-62.2987.62101.68174.49316.42214.57
Funds from Operations694.63620.74682.65648.79452.81240.64330.05547.90541.93
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital38.6872.53-101.22-10.9348.28188.13-8.40136.66-216.16
Income Taxes Payable8.440.64-34.5924.148.625.14-0.93-4.86-41.94
Cash from Operating Activities733.32693.27581.43637.86501.09428.78321.65684.56325.77
Capital Expenditures-622.87-715.95-567.92-540.85-373.44-237.64-195.52-427.74-458.94
Net Assets From Acquisitions84.4384.430.000.000.000.000.00-2.93-20.86
Sale of Fixed Assets and Businesses227.10721.4815.5014.1326.71124.300.000.00266.03
Purchase or Sale of Investments-7.01-4.35-7.72-38.280.0011.332.6714.533.61
Purchase of Investments-7.01-4.35-7.72-38.280.00-0.07-0.09-4.32-0.68
Sale Or Maturity of Investments0.000.000.000.000.0011.402.7618.854.29
Other Uses-0.890.000.00-5.42-21.98-15.220.000.000.00
Other Sources3.9711.474.680.000.000.0027.4060.290.00
Cash from Investing Activities-315.2797.09-555.46-570.42-368.71-117.22-165.46-355.86-210.15
Cash Dividends Paid0.00-6.05-0.09-0.19-0.07-7.38-22.54-49.58-87.10
Change in Capital Stock0.000.000.000.000.000.00-1.730.00579.33
Repurchase of Common Pref Stock0.000.000.000.000.000.00-1.730.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00579.33
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00579.33
Issuance or Reduction of Debt, Net-355.19-214.21-658.07583.22-646.47284.20-76.54-272.69-479.18
Change in Long Term Debt-355.19-214.21-658.07583.22-646.47284.20-76.54-272.13-479.56
Issuance of Long Term Debt290.46688.46853.951,171.69331.141,708.662,552.501,048.231,913.72
Reduction of Long Term Debt-645.65-902.68-1,512.02-588.47-977.60-1,424.46-2,629.04-1,320.36-2,393.28
Net Financing Active Other Cash Flow-164.49-346.52-3.899.57-15.00211.60-19.08-9.30-14.36
Other Financing Activities Uses-164.50-346.52-3.89-295.43-15.00-64.40-19.08-9.30-14.36
Cash from Financing Activities-519.68-566.79-662.05592.59-661.53488.42-119.89-331.57-1.31
Exchange Rate Effect-4.75-3.68-15.15-22.99-7.22-1.74-3.06-6.17-5.26
Net Change in Cash-106.38219.88-651.22637.04-536.37798.2333.24-9.04109.05
Free Cash Flow110.45-22.6813.5197.01127.64191.14126.13256.82-133.16
Preferred Dividends (Cash Flow)--0.00-0.00----
Price to Free Cash Flow10.26-39.187.7210.803.363.974.89-
Deferred Taxes & Investment Tax Credit-97.1421.6815.887.33-10.7164.7235.8971.58

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments475.14509.83500.85940.74428.08387.36
Short Term Receivables511.66443.42417.72391.70737.10537.07
Inventories87.2587.8690.1694.79108.30107.48
Other Current Assets131.06156.07143.87124.34150.95164.99
Total Current Assets1,205.111,197.181,152.601,551.571,424.431,196.89
Net Property, Plant & Equipment2,884.272,908.062,914.892,960.112,931.293,063.03
Total Investments and Advances0.000.000.000.00154.16338.58
Deferred Tax Assets180.25182.24184.64189.22180.09272.64
Other Assets173.68132.47133.5188.75143.54167.52
Total Assets4,443.324,419.944,385.644,789.664,833.505,038.66
Short Term Debt Incl. Current Port. of LT Debt10.218.269.47387.2311.4313.80
Accounts Payable370.48365.47322.84300.47352.42364.85
Income Tax Payable35.4724.2229.5526.3025.6216.59
Other Current Liabilities263.83235.69223.35279.01290.75274.21
Total Current Liabilities679.99633.64585.22993.00680.21669.45
Long Term Debt2,022.762,120.282,118.732,147.662,347.982,672.82
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities4.895.025.277.133.685.26
Other Liabilities240.41219.13234.89204.23233.46244.47
Total Liabilities2,948.052,978.072,944.113,352.013,265.333,591.99
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity565.91544.13568.94590.73579.78307.98
Total Shareholders Equity565.91544.13568.94590.73579.78307.98
Accumulated Minority Interest929.36897.75872.59846.92988.391,138.69
Total Equity1,495.271,441.881,441.531,437.641,568.171,446.67
Total Liabilities & Stockholders Equity4,443.324,419.944,385.644,789.664,833.505,038.66
Book Value Per Share37.2636.7638.4540.6239.8321.14
Tangible Book Value Per Share37.2636.7638.4540.6239.8321.14
Full-Time Employees---13,900--
Price to Book Ratio2.082.192.121.361.931.19
Return on Assets-1.434.444.255.343.92-2.84
Return on Equity-11.5649.2444.0368.4447.77-49.08
Return on Invested Capital-0.70-1.09-0.810.108.81-1.28
Quick Ratio1.641.751.821.471.931.63
Current Ratio1.771.891.971.562.091.79

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income15.98-1.524.2616.99302.47-2.21
Depreciation159.74160.55156.19159.19160.35175.06
Other Funds (Non Cash)15.356.298.95-10.90-395.98-5.78
Funds from Operations193.59167.73174.46158.85158.16174.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital45.30-32.49-61.1286.9949.72-22.19
Income Taxes Payable12.03-5.453.21-1.348.77-2.71
Cash from Operating Activities238.89135.24113.34245.84207.88151.81
Capital Expenditures-170.24-125.61-164.95-162.06-210.02-178.91
Net Assets From Acquisitions0.000.000.0084.430.000.00
Sale of Fixed Assets and Businesses5.872.713.40215.13379.0737.06
Purchase or Sale of Investments-0.01-0.47-6.52-0.01-2.55-1.60
Purchase of Investments-0.01-0.47-6.52-0.01-2.55-1.60
Sale Or Maturity of Investments0.000.000.000.000.000.00
Other Uses-0.010.55-1.430.000.000.01
Other Sources0.000.000.003.970.007.50
Cash from Investing Activities-164.39-122.83-169.50141.45166.50-135.94
Cash Dividends Paid0.000.000.000.000.00-6.05
Preferred Dividends (Cash Flow)0.000.000.00---
Change in Capital Stock0.000.000.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-104.870.00-379.15128.82-330.77-12.46
Change in Long Term Debt-104.870.00-379.15128.82-330.77-12.46
Issuance of Long Term Debt0.000.000.00290.4680.0055.00
Reduction of Long Term Debt-104.870.00-379.15-161.64-410.77-67.46
Net Financing Active Other Cash Flow-2.40-1.94-4.05-156.09-187.41-0.88
Other Financing Activities Uses-2.40-1.95-4.05-156.09-187.41-0.88
Cash from Financing Activities-107.27-1.94-383.20-27.27-518.17-19.39
Exchange Rate Effect-1.68-1.00-1.05-1.01-0.47-1.78
Net Change in Cash-34.459.48-440.42359.01-144.26-5.31
Free Cash Flow68.669.63-51.6283.78-2.14-27.10
Price to Free Cash Flow10.2630.24----

Revenue breakdown

Alaska2024: 50.88M 2025: 125.47M
Canada2024: 8.18M 2025: 55.13M
Consolidation, Policy2024: -59.84M 2025: -57.04M
Europe, Africa and CIS2024: 91.58M 2025: 145.94M
Latin America2024: 448.63M 2025: 465.26M
Lower 482024: 1.13B 2025: 1.08B
Middle East and Asia2024: 1.14B 2025: 1.25B
United States Offshore2024: 117.20M 2025: 123.34M
Consolidation, Policy2024: -59.84M 2025: -57.04M
Drilling Solutions2024: 314.07M 2025: 513.28M
International Drilling2024: 1.45B 2025: 1.60B
Rig Technologies2024: 201.68M 2025: 154.04M
U.S. Drilling2024: 1.03B 2025: 976.64M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-306.17%0.9M14.3M224.01K
2026-10-156.86%1.0M14.3M228.14K
2026-09-306.75%1.0M14.3M244.06K
2026-09-157.20%1.0M14.3M259.24K
2026-08-317.33%1.0M14.3M271.18K
2026-08-147.30%1.0M13.9M283.28K
2026-07-317.97%1.1M13.9M288.03K
2026-07-157.43%1.0M13.9M313.53K
2026-06-307.45%1.0M13.9M324.50K
2026-06-157.69%1.1M13.9M325.72K
2026-05-296.95%1.0M13.9M342.52K
2026-05-156.65%0.9M13.9M371.34K
2026-04-306.29%0.9M14.1M392.72K
2026-04-156.46%0.9M14.0M372.08K
2026-03-3110.22%0.9M9.1M389.25K
2026-03-1313.46%1.2M9.1M386.23K
2026-02-2712.00%1.1M9.1M381.30K
2026-02-1314.85%1.3M9.1M374.20K
2026-01-3015.23%1.4M9.0M367.60K
2026-01-1515.75%1.4M9.0M384.87K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call45.0032.0035.900.002.5820.000.000.951-0.1800.013
call50.0027.0030.900.002.4670.000.000.942-0.1730.015
call55.0022.0025.900.001.8190.000.000.932-0.1670.017
call60.0017.0020.9024.101.4812.000.000.917-0.1580.019
call65.0012.1016.000.001.2020.000.000.897-0.1460.023
call70.008.4010.8010.400.9348.000.000.829-0.1700.032
call75.004.007.002.960.8132.000.000.680-0.2740.045
call80.001.454.403.500.9102.000.000.520-0.2750.050
call85.000.202.250.350.85318.000.000.350-0.2340.047
call90.000.050.950.420.7781200.000.187-0.1470.034
call95.000.000.850.031.00332.000.000.142-0.1560.028
call1000.001.750.201.14538.000.000.127-0.1670.026
call1050.000.951.301.3141.000.000.115-0.1780.024
call1100.000.950.001.4890.000.000.105-0.1870.023
call1150.000.950.001.6540.000.000.097-0.1960.021
call1200.000.950.001.7670.000.000.092-0.2020.021
call1250.000.950.001.9230.000.000.087-0.2090.020
call1300.000.950.001.9940.000.000.083-0.2130.019
put45.000.000.950.002.4870.000.00-0.049-0.1750.013
put50.000.000.950.002.1170.000.00-0.057-0.1690.015
put55.000.000.950.001.7640.000.00-0.068-0.1610.017
put60.000.000.950.151.41710.000.00-0.084-0.1500.019
put65.000.000.750.301.1047.000.00-0.105-0.1380.023
put70.000.001.150.450.9109.000.00-0.175-0.1600.032
put75.000.053.402.481.07922.000.00-0.341-0.2610.046
put80.002.205.502.201.1029.000.00-0.466-0.2670.050
put85.005.509.009.851.2041.000.00-0.637-0.2270.047
put90.009.7013.4014.161.3292.000.00-0.817-0.1380.033
put95.0014.3018.0014.601.4901.000.00-0.856-0.1440.028
put10019.5022.900.001.5880.000.00-0.875-0.1580.026
put10524.3028.000.001.8110.000.00-0.887-0.1680.024
put11029.3032.800.001.9290.000.00-0.896-0.1760.023
put11534.1038.000.002.3610.000.00-0.902-0.1820.022
put12039.1043.000.002.5230.000.00-0.908-0.1880.021
put12544.1048.000.002.5780.000.00-0.913-0.1940.020
put13049.1053.000.002.5900.000.00-0.917-0.1990.019

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-278-KCurrent report2026-10-27SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-024Statement of changes in beneficial ownership of securities2026-09-30SEC
2026-09-088-KCurrent report2026-09-08SEC
2026-08-28144Filing for proposed sale of securities under Rule 144.SEC
2026-08-284Statement of changes in beneficial ownership of securities2026-08-28SEC
2026-08-278-KCurrent report2026-08-26SEC
2026-08-27424B7SEC
2026-08-14S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-07-3110-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-29SCHEDULE 13G/ASEC
2026-07-298-KCurrent report2026-07-23SEC
2026-07-288-KCurrent report2026-07-28SEC
2026-07-17S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-06-058-KCurrent report2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-06-034Statement of changes in beneficial ownership of securities2026-06-02SEC
2026-05-22SDSpecialized Disclosure ReportSEC
2026-05-13SCHEDULE 13G/ASEC
2026-05-0110-QQuarterly report pursuant to Section 13 or 15(d)2026-03-31SEC
2026-04-288-KCurrent report2026-04-28SEC
2026-04-22ARSAnnual report to security holders. 2025-12-31SEC
2026-04-22DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-04-22DEF 14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 19342026-06-02SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-0800295.36K1
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-02500.75K100
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.8.86%
VANGUARD CAPITAL MANAGEMENT LLC4.49%
DIMENSIONAL FUND ADVISORS LP4.49%
AMERICAN CENTURY COMPANIES INC4.33%
STATE STREET CORP3.28%
VANGUARD PORTFOLIO MANAGEMENT LLC3.11%
MILLER VALUE PARTNERS, LLC3.01%
ADAGE CAPITAL PARTNERS GP, L.L.C.2.84%
Engineers Gate Manager LP2.80%
GEODE CAPITAL MANAGEMENT, LLC2.64%

Funds

Fund% owned
High Income Fund12.83%
Touchstone Funds Group Trust-Touchstone Ares Credit Opportunities Fund11.04%
Nuveen High Yield Corporate Bond ETF9.39%
High Yield Fund4.26%
Avantis U.S. Small Cap Value ETF3.95%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.25%
Global Bond Fund3.04%
iShares Russell 2000 ETF2.49%
VanEck Oil Services ETF1.95%
Schwab Fundamental U.S. Small Company ETF1.37%

OakChart. NBR. Cached 15 minutes.