OTCMNBRWF
Market cap505mUSD
Dec 23, Last price
3.70USD
1D
0.54%
1Q
-17.78%
IPO
-77.58%
Name
Nabors Industries Ltd
Chart & Performance
Profile
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. As of December 31, 2020, the company marketed approximately 354 rigs for land-based drilling operations in the United States and Canada, as well as in 14 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is headquartered in Hamilton, Bermuda.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 3,005,981 13.27% | 2,653,766 31.53% | 2,017,548 -5.46% | |||||||
Cost of revenue | 2,736,118 | 2,609,446 | 2,228,989 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 269,863 | 44,320 | (211,441) | |||||||
NOPBT Margin | 8.98% | 1.67% | ||||||||
Operating Taxes | 79,220 | 61,537 | 55,621 | |||||||
Tax Rate | 29.36% | 138.85% | ||||||||
NOPAT | 190,643 | (17,217) | (267,062) | |||||||
Net income | (50,246) -83.64% | (307,219) -43.50% | (543,710) -28.73% | |||||||
Dividends | (194) | (65) | (7,380) | |||||||
Dividend yield | 0.03% | 0.00% | 1.20% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 640,467 | 6,784 | 5,422 | |||||||
Long-term debt | 2,516,942 | 2,544,324 | 3,268,217 | |||||||
Deferred revenue | 2,858 | (2,773) | ||||||||
Other long-term liabilities | 270,014 | 374,813 | 343,120 | |||||||
Net debt | 2,087,231 | 1,813,952 | 2,000,628 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 637,862 | 501,089 | 428,776 | |||||||
CAPEX | (540,851) | (373,445) | (237,640) | |||||||
Cash from investing activities | (570,424) | (368,708) | (117,225) | |||||||
Cash from financing activities | 592,592 | (661,532) | 488,421 | |||||||
FCF | 307,101 | 318,934 | 556,323 | |||||||
Balance | ||||||||||
Cash | 1,070,178 | 452,315 | 991,488 | |||||||
Long term investments | 284,841 | 281,523 | ||||||||
Excess cash | 919,879 | 604,468 | 1,172,134 | |||||||
Stockholders' equity | (942,060) | (1,005,227) | (744,591) | |||||||
Invested Capital | 5,645,145 | 5,075,006 | 5,694,156 | |||||||
ROIC | 3.56% | |||||||||
ROCE | 5.74% | 1.09% | ||||||||
EV | ||||||||||
Common stock shares outstanding | 9,159 | 8,898 | 7,605 | |||||||
Price | 81.63 -47.29% | 154.87 90.99% | 81.09 39.26% | |||||||
Market cap | 747,649 -45.75% | 1,378,033 123.46% | 616,689 50.03% | |||||||
EV | 3,789,351 | 4,038,424 | 3,420,882 | |||||||
EBITDA | 915,155 | 709,392 | 481,941 | |||||||
EV/EBITDA | 4.14 | 5.69 | 7.10 | |||||||
Interest | 185,285 | 177,895 | 171,476 | |||||||
Interest/NOPBT | 68.66% | 401.39% |