Professional
Added to YB: 2025-01-20
Pitch date: 2025-01-14
NBR [bullish]
Nabors Industries Ltd.
-15.22%
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
$718.9M
Pitch Price
$64.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.96
P/E
3.42
EV/Sales
1.17
Sector
Energy Equipment and Services
Category
value
Miller Deep Value Select Strategy Portfolio Holding: Nabors Industries Ltd.
NBR: North American rig market stabilizing, int'l fleet +20% in 2yrs. Saudi JV scaling, NDS tech strong. Parker merger doubles NDS. Risks: weak domestic drilling. Attractive valuation: <1x fwd CF, >50% norm FCF yield, ~3x EV/EBITDA. Long-term upside potential several times current price.
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