Professional
Added to YB: 2025-08-18
Pitch date: 2025-07-21
NBR [neutral]
Nabors Industries Ltd.
+246.8%
current return
Author Info
No bio for this author
Company Info
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally.
Market Cap
$1.5B
Pitch Price
$30.15
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.30
P/E
7.50
EV/Sales
1.24
Sector
Energy Equipment and Services
Category
value
Miller Deep Value Strategy Portfolio Holding: Nabors Industries Ltd.
NBR (holding update): Trading <1x FCF, only lower during COVID. Parker Wellbore acq doubles NDS segment, extends digital/tech offerings. NDS has 90% FCF conversion. Aims for $60M synergies, $200M+ annual FCF. Risk: oil price decline, rig cancellations. Long-term normalized EBITDA potential ~$1.5B with $1B+ debt reduction over 5yrs.
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