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Nabors Industries (NBR)
NYSE:NBR
Earnings Data
Report Date
Apr 23, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-3.06Last Year’s EPS
-3.92Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -22.02%
|Next Earnings Date:Apr 23, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While Nabors Industries Ltd. highlighted growth in international markets and technological advancements, there were significant challenges in cash flow and the US market. The SANAD new build program and Parker Wellbore acquisition are positive, but cash flow issues and lower 48 market challenges present concerns.Company Guidance
During Nabors Industries Ltd.'s fourth quarter 2024 earnings call, the company provided detailed guidance for 2025. The management highlighted several key metrics, including a total adjusted EBITDA of $221 million for the fourth quarter. They anticipate the daily rig margin in the lower 48 to remain around $14,600, with an average rig count between 62 and 64. For their international operations, they expect the average daily margin to increase to $17,600, with a rig count of 88 to 89. The SANAD joint venture is projected to generate over $140 million in EBITDA in 2025 from new builds, with plans for five more rigs. Capital expenditures for 2025 are forecasted between $710 and $720 million, with $360 million allocated to the SANAD new builds. Nabors aims for breakeven free cash flow, excluding SANAD's negative free cash flow of approximately $150 million, while targeting a reduction in gross debt by generating $150 million of free cash flow outside SANAD.International Market Growth
Nabors Industries Ltd. activated a total of ten international rigs in 2024 and announced nine startups for 2025, with plans for additional deployments in key geographies.
SANAD New Build Program
SANAD deployed its ninth new build during the fourth quarter, with five more scheduled for 2025. The program is expected to generate approximately $200 million in EBITDA in 2026.
Technology and Innovation Success
NDS's gross margin exceeded 54% in the fourth quarter, marking a record performance and demonstrating the benefits of the NDS portfolio.
Parker Wellbore Acquisition
Nabors Industries Ltd. announced the acquisition of Parker Wellbore, with expected annualized cost synergies of at least $35 million in 2025.
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NBR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NBR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $53.49 | $49.69 | -7.10% |
| Oct 22, 2024 | $71.42 | $70.17 | -1.75% |
| Jul 23, 2024 | $81.00 | $89.44 | +10.42% |
| Apr 24, 2024 | $80.13 | $76.24 | -4.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nabors Industries (NBR) report earnings?
Nabors Industries (NBR) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Nabors Industries (NBR) earnings time?
Nabors Industries (NBR) earnings time is at Apr 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NBR EPS forecast?
NBR EPS forecast for the fiscal quarter 2025 (Q1) is -3.06.
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