NBR

Over the past six months, Nabors Industries Ltd. (NBR) experienced several notable stock events. On July 28, 2026, the company reported Q2 2026 operating revenues of $815 million, a 4% increase from Q1, and a wider-than-expected quarterly loss of $2.04 per share, though revenues topped estimates, leading to a 4.8% stock gain the next day. On April 28, 2026, Q1 2026 revenues were $784 million, with a net loss of $15 million and adjusted EBITDA of $205 million, noting improved Lower 48 activity and expanded international operations. On August 27, 2026, Nabors made a $35 million strategic investment in Quaise Energy, increasing its ownership to 14% to support geothermal growth. The company continued debt reduction, redeeming remaining 2028 notes and reducing total debt to $2.1 billion by March 31, 2026, a $386 million reduction since year-end 2024. As of September 22, 2026, the stock price was $83.42 per share, representing a 104.16% increase from September 23, 2025, and a 118.09% rise over the last 12 months, trading between a 52-week high of $112.90 and a low of $36.66. Analysts have a consensus 'Hold' rating with an average price target of $103.43.