NBR — Nabors Industries | Elliott Wave + Stage Analysis | WeeklyElliott Wave Count
The macro structure on NBR is clean. Following the brutal secular decline from the 2014 highs into the COVID low around 2020, I'm counting that entire move as a completed corrective sequence — the foundation for a fresh five-wave impulse now underway.
Wave 1 topped in 2022 near
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14.17 USD
248.34 M USD
3.18 B USD
14.08 M
About Nabors Industries Ltd.
Sector
Industry
CEO
Anthony G. Petrello
Website
Headquarters
Hamilton
Founded
1952
IPO date
Nov 3, 2005
Identifiers
3
ISIN BMG6359F1370
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.
Related stocks
$NBR Gann squareNYSE:NBR is a leveraged play on the oil price and historically has traded in tandem with the price of PURPLETRADING:USOIL. However, NYSE:NBR began its wave 3 move ahead of the commodity price, which points to institutional accumulation; In other words, NYSE:NBR is trading at a bullish diverge
NBR positioned for MASSIVE GAINSAlthough oil has continued in its wave 2 correction longer than many would have expected, oil stocks have actually bottomed out in 2025 and some have even commenced Wave 3, suggesting that big money is already positioned to take advantage of a coming spike in oil in 2026. NYSE:NBR is the most torq
NBR breakout of the accumulation phaseNabors Industries (NBR): Balance Sheet Turning Point
NBR has begun to show meaningful price momentum. Recently, management executed a $600M divestiture, a transaction that not only streamlines the company’s operations but also unlocks significant liquidity. In parallel, they extended their account
Nabors Industries Stock Chart Fibonacci Analysis 082225Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 33.8/61.80%
Chart time frame:B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress:C
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of NBR is 108.29 USD — it has decreased by −2.12% in the past 24 hours. Watch Nabors Industries Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Nabors Industries Ltd. stocks are traded under the ticker NBR.
NBR stock has risen by 7.73% compared to the previous week, the month change is a 37.08% rise, over the last year Nabors Industries Ltd. has showed a 286.06% increase.
We've gathered analysts' opinions on Nabors Industries Ltd. future price: according to them, NBR price has a max estimate of 120.00 USD and a min estimate of 79.00 USD. Watch NBR chart and read a more detailed Nabors Industries Ltd. stock forecast: see what analysts think of Nabors Industries Ltd. and suggest that you do with its stocks.
NBR stock is 5.10% volatile and has beta coefficient of 0.59. Track Nabors Industries Ltd. stock price on the chart and check out the list of the most volatile stocks — is Nabors Industries Ltd. there?
Today Nabors Industries Ltd. has the market capitalization of 1.60 B, it has increased by 5.11% over the last week.
Yes, you can track Nabors Industries Ltd. financials in yearly and quarterly reports right on TradingView.
Nabors Industries Ltd. is going to release the next earnings report on Jul 28, 2026. Keep track of upcoming events with our Earnings Calendar.
NBR earnings for the last quarter are −1.54 USD per share, whereas the estimation was −2.49 USD resulting in a 38.17% surprise. The estimated earnings for the next quarter are −1.43 USD per share. See more details about Nabors Industries Ltd. earnings.
Nabors Industries Ltd. revenue for the last quarter amounts to 783.55 M USD, despite the estimated figure of 769.33 M USD. In the next quarter, revenue is expected to reach 809.81 M USD.
NBR net income for the last quarter is −21.85 M USD, while the quarter before that showed 2.70 M USD of net income which accounts for 0.00% change. Track more Nabors Industries Ltd. financial stats to get the full picture.
As of May 20, 2026, the company has 13.9 K employees. See our rating of the largest employees — is Nabors Industries Ltd. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Nabors Industries Ltd. EBITDA is 916.98 M USD, and current EBITDA margin is 28.66%. See more stats in Nabors Industries Ltd. financial statements.
Like other stocks, NBR shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Nabors Industries Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Nabors Industries Ltd. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Nabors Industries Ltd. stock shows the buy signal. See more of Nabors Industries Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.









