Nabors Industries Ltd. $NBR Stake Reduced by RBF Capital LLC

RBF Capital LLC trimmed its stake in Nabors Industries Ltd. (NYSE:NBR) by 68.4% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 15,200 shares of the oil and gas company’s stock after selling 32,853 shares during the quarter. RBF Capital LLC’s holdings in Nabors Industries were worth $1,308,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. AQR Capital Management LLC increased its holdings in shares of Nabors Industries by 97.1% in the 1st quarter. AQR Capital Management LLC now owns 16,770 shares of the oil and gas company’s stock worth $699,000 after acquiring an additional 8,260 shares during the period. Dynamic Technology Lab Private Ltd boosted its stake in Nabors Industries by 11.5% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 5,540 shares of the oil and gas company’s stock valued at $231,000 after purchasing an additional 570 shares during the period. Cetera Investment Advisers grew its position in Nabors Industries by 19.1% in the 2nd quarter. Cetera Investment Advisers now owns 8,570 shares of the oil and gas company’s stock worth $240,000 after purchasing an additional 1,374 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Nabors Industries by 37.0% in the second quarter. Rhumbline Advisers now owns 28,864 shares of the oil and gas company’s stock valued at $809,000 after purchasing an additional 7,799 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Nabors Industries by 3.3% in the second quarter. Invesco Ltd. now owns 55,830 shares of the oil and gas company’s stock valued at $1,564,000 after purchasing an additional 1,764 shares during the period. Institutional investors and hedge funds own 81.92% of the company’s stock.

Trending Headlines about Nabors Industries

Here are the key news stories impacting Nabors Industries this week:

• Positive Sentiment: Raised outlook and stronger activity: Nabors increased its full-year adjusted EBITDA forecast to $920 million-$930 million and raised its expected full-year Lower 48 rig count. Management cited international drilling momentum, stronger Lower 48 activity and expected third-quarter Lower 48 utilization of about 73 rigs. Nabors Q2 2026 revenue rises to $815 million
• Positive Sentiment: Cash flow improved materially: Second-quarter adjusted free cash flow was $12.3 million, compared with negative $48.2 million in the first quarter. Adjusted EBITDA reached $222 million, supporting the view that operating performance is recovering. Momentum Accelerates. Cash Flow Improves.
• Positive Sentiment: Debt-management step: Nabors and its parent obtained a waiver from Citibank that permits the redemption of senior notes, potentially giving the company additional flexibility to manage financing costs and its heavily leveraged balance sheet. Nabors Industries Obtains Waiver to Redeem Senior Notes
• Neutral Sentiment: Revenue exceeded expectations: Second-quarter revenue was $814.8 million, above the roughly $809 million consensus estimate and up about 4% sequentially, although it declined 2.2% from the prior year. Nabors Industries Reports Q2 Loss, Beats Revenue Estimates
• Negative Sentiment: Profitability remained weak: Nabors reported a $2.04 per-share loss, wider than the $1.54 consensus loss cited by Zacks and the approximately $1.30 estimate reported elsewhere. The company continues to have negative return on equity and significant debt relative to equity. Nabors Industries Q2 2026 Earnings Call Transcript

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on NBR shares. Susquehanna decreased their price objective on Nabors Industries from $105.00 to $85.00 and set a “neutral” rating for the company in a report on Wednesday, July 8th. Zacks Research raised shares of Nabors Industries from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 15th. Citigroup boosted their target price on Nabors Industries from $89.00 to $110.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Royal Bank Of Canada upped their price objective on Nabors Industries from $91.00 to $120.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $100.00 price target (up from $80.00) on shares of Nabors Industries in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.57.

Nabors Industries Stock Performance

Shares of NYSE NBR opened at $79.64 on Thursday. Nabors Industries Ltd. has a 52-week low of $30.90 and a 52-week high of $112.90. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 5.93 and a beta of 0.96. The company has a quick ratio of 1.82, a current ratio of 1.97 and a debt-to-equity ratio of 2.22. The stock’s fifty day simple moving average is $88.46 and its 200 day simple moving average is $83.02.

Nabors Industries (NYSE:NBR) last released its quarterly earnings results on Tuesday, June 30th. The oil and gas company reported ($2.04) earnings per share for the quarter. The company had revenue of $814.79 million during the quarter. Nabors Industries had a net margin of 7.64% and a negative return on equity of 7.06%. As a group, sell-side analysts forecast that Nabors Industries Ltd. will post -2.96 earnings per share for the current fiscal year.

Nabors Industries Company Profile

Nabors Industries Ltd. is a global oil and gas drilling contractor that provides land and offshore drilling rigs, drilling equipment and related services to energy companies around the world. The company’s operations span two core segments: drilling and evaluation, which includes land‐based and platform drilling rigs as well as wellbore survey services, and wellbore technologies, offering pressure control equipment, downhole tools and specialized maintenance services. Nabors’ integrated model combines rig operations with engineered products and field support, positioning it as a full‐service provider in the upstream sector.

The company maintains a diverse, modern fleet of automated and conventional drilling rigs and has pioneered advanced drilling technologies, including automated drilling controls and managed pressure drilling systems.