Nabors Industries stock reports USD 814.80 million in Q2 revenue
Published on 10/01/2026 at 06:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Nabors Industries (ISIN US62886E1082) reported USD 814.80 million in second-quarter 2026 revenue and an adjusted loss of USD 2.04 per share, according to Zacks on September 6, 2026. The revenue result exceeded the USD 812.00 million consensus estimate, while the loss was wider than the expected USD 1.54 per share loss.
Guidance favors EBITDA over cash
StockTitan reported that Nabors reiterated full-year 2026 adjusted EBITDA guidance of USD 710.00 million to USD 730.00 million in its September 8, 2026 investor presentation. The same outlook called for adjusted free cash flow of only USD 20.00 million to USD 30.00 million and capital expenditures of USD 920.00 million to USD 930.00 million.
The numbers show the central operating trade-off. EBITDA guidance is more than 24 times the high end of adjusted free cash flow guidance, while the company plans substantial spending on SANAD newbuilds in Saudi Arabia. That capital program can expand the international fleet, but it also limits near-term cash available for debt reduction.
Analysts keep a cautious stance
MarketBeat reported on September 17, 2026 that eight analysts held a consensus rating of Hold, with six Hold ratings and two Buy ratings. The average 12-month price target was USD 102.57, while Morgan Stanley set a USD 110.00 target on August 20, 2026 and Barclays set USD 93.00 on August 5, 2026.
That spread reflects a divided view of Nabors. Improving international drilling activity and contract visibility support the operating case, while the USD 20.00 million to USD 30.00 million adjusted free cash flow outlook leaves limited room for execution setbacks.
Next results arrive October 27
According to MarketScreener on September 11, 2026, Nabors plans to release third-quarter 2026 results after the market closes on October 27, 2026, followed by a conference call on October 28, 2026. The next report will test whether the improved revenue trend can translate into cash generation while the SANAD investment cycle continues.
Market value remains below yearly high
Nabors Industries had a market capitalization of USD 1.2 billion as of September 30, 2026. Its 52-week range was USD 36.66 to USD 112.90 on that date, leaving the company valued well below its yearly high while the next earnings report approaches.
Nabors Industries key facts
- Company: Nabors Industries Ltd.
- ISIN: US62886E1082
- Ticker: NBR
- Primary exchange: NYSE
- Market capitalization: USD 1.2 billion (as of September 30, 2026)
- 52-week range: USD 36.66-112.90 (as of September 30, 2026)
- Sector / Industry: Energy / Oil and Gas Drilling
- Next earnings date: October 27, 2026
