NBR
Nabors Industries Ltd. Energy - Oil & Gas Drilling Investor Relations →
Nabors Industries Ltd. (NBR) closed at $87.06 as of 2026-06-19, trading 3.4% above its 200-week moving average of $84.17. The stock is currently moving closer to the line, down from 20.4% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.97 ratio) is neutral — neither side is clearly dominating.
Over the past 2734 weeks of data, NBR has crossed below its 200-week moving average 40 times. On average, these episodes lasted 33 weeks. Historically, investors who bought NBR at the start of these episodes saw an average one-year return of +15.9%.
With a market cap of $1288 million, NBR is a small-cap stock. The company generates a free cash flow yield of 5.2%, which is healthy. Return on equity stands at 22.3%, indicating strong profitability. The stock trades at 2.3x book value.
Share count has increased 54.5% over three years, indicating dilution. This stock also meets the Yartseva multibagger criteria as a small-cap with strong free cash flow yield and reasonable book value.
Over the past 33.5 years, a hypothetical investment of $100 in NBR would have grown to $60, compared to $3097 for the S&P 500. NBR has returned -1.5% annualized vs 10.8% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 1 open-market purchase totaling $500,747.
Free cash flow has been declining at a -100% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NBR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NBR Crosses Below the Line?
Across 30 historical episodes, buying NBR when it crossed below its 200-week moving average produced an average return of +7.7% after 12 months (median +13.0%), compared to +11.1% for the S&P 500 over the same periods. 53% of those episodes were profitable after one year. After 24 months, the average return was +41.4% vs +28.7% for the index.
Each line shows $100 invested at the moment NBR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices NBR would reach each dislocation threshold.
Dislocation Price Levels
Prices where NBR's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-28.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $14.21 | Unusually cheap — potential buy zone |
| Value | +1σ | $19.63 | Cheap vs. own history |
| Fair Value | +0σ | $31.72 | Historical mean behavior |
| Expensive | -1σ | $82.61 | Expensive vs. own history |
| Deep Expensive | -2σ | N/A | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from NBR's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
NBR has crossed below its 200-week MA 40 times with an average 1-year return of +15.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Apr 1974 | Apr 1974 | 1 | 6.0% | N/A | +117.4% |
| May 1974 | Nov 1974 | 23 | 29.5% | +40.0% | +117.4% |
| Nov 1974 | Dec 1974 | 3 | 10.0% | +20.0% | +117.4% |
| Dec 1974 | Dec 1974 | 1 | 10.0% | +28.6% | +132.9% |
| Feb 1975 | Apr 1975 | 10 | 10.2% | +53.3% | +117.4% |
| Aug 1976 | Nov 1976 | 9 | 6.7% | +123.5% | +91.8% |
| Nov 1976 | Nov 1976 | 2 | 0.9% | +182.4% | +91.8% |
| Jan 1982 | May 1987 | 279 | 91.2% | -68.9% | -80.5% |
| Oct 1987 | Apr 1988 | 26 | 56.4% | +8.3% | +171.7% |
| Jun 1988 | Jul 1988 | 3 | 11.1% | +54.5% | +196.4% |
| Dec 1993 | Dec 1993 | 3 | 7.9% | +1.9% | -38.5% |
| Feb 1994 | Mar 1994 | 4 | 4.1% | -7.4% | -39.6% |
| Mar 1994 | Apr 1994 | 3 | 8.1% | +13.2% | -38.5% |
| May 1994 | Jun 1994 | 6 | 10.1% | +29.6% | -39.6% |
| Jul 1994 | Jul 1994 | 1 | 1.5% | +19.1% | -40.7% |
| Jul 1994 | Oct 1994 | 13 | 14.6% | +27.3% | -40.7% |
| Nov 1994 | Mar 1995 | 17 | 12.4% | +39.3% | -41.8% |
| Jul 1998 | Oct 1998 | 14 | 26.7% | +39.3% | -75.6% |
| Nov 1998 | Apr 1999 | 23 | 38.3% | +55.2% | -76.6% |
| May 1999 | May 1999 | 1 | 2.2% | +126.8% | -78.1% |
| Jul 2001 | Dec 2001 | 21 | 35.9% | +5.5% | -86.8% |
| Jan 2002 | Feb 2002 | 6 | 13.9% | +14.3% | -86.2% |
| Jul 2002 | Oct 2002 | 16 | 20.1% | +15.8% | -87.5% |
| Nov 2002 | Dec 2002 | 3 | 1.7% | +9.5% | -88.4% |
| Dec 2002 | Feb 2003 | 6 | 8.3% | +16.5% | -88.5% |
| Jul 2003 | Dec 2003 | 23 | 9.2% | +16.4% | -89.2% |
| May 2004 | Jun 2004 | 3 | 1.1% | +29.5% | -89.9% |
| Jul 2007 | Aug 2007 | 3 | 4.1% | +32.0% | -92.7% |
| Oct 2007 | Feb 2008 | 17 | 14.7% | -46.1% | -92.9% |
| Sep 2008 | Jan 2011 | 126 | 72.0% | -42.8% | -93.5% |
| Jun 2011 | Jun 2011 | 1 | 1.8% | -42.8% | -91.2% |
| Aug 2011 | Feb 2012 | 29 | 46.3% | -33.1% | -90.2% |
| Mar 2012 | Feb 2014 | 102 | 34.5% | -17.5% | -89.9% |
| Oct 2014 | Nov 2016 | 112 | 61.6% | -35.2% | -89.4% |
| Mar 2017 | Feb 2022 | 257 | 95.7% | -45.8% | -85.8% |
| Jul 2022 | Jul 2022 | 1 | 2.7% | +4.4% | -16.1% |
| Sep 2022 | Sep 2022 | 1 | 5.5% | +30.2% | -7.8% |
| May 2023 | Jun 2023 | 5 | 11.1% | -23.6% | -10.3% |
| Jun 2023 | Jul 2023 | 3 | 6.1% | -28.2% | -7.2% |
| Nov 2023 | Apr 2026 | 128 | 74.4% | -8.6% | -2.5% |
| Average | 33 | — | +15.9% | — |
Frequently Asked Questions
Is NBR below its 200-week moving average?
No. Nabors Industries Ltd. (NBR) is currently 3.4% above its 200-week moving average of $84.17. It would need to fall to $84.17 to cross below the line.
What is NBR's 200-week moving average price?
Nabors Industries Ltd.'s 200-week moving average is $84.17 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NBR drops below its 200-week moving average?
NBR has crossed below its 200-week moving average 40 times in our data. On average, buying at that moment produced a one-year return of +15.9%. These dips have historically been decent entry points. These episodes lasted 33 weeks on average.
Is NBR a good value right now?
Here's what our data says about NBR as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 56. Free cash flow yield is 5.2%. Return on equity is 22.3%. Price-to-book is 2.3x. This is not a buy or sell recommendation — always do your own research.
How does NBR compare to the S&P 500?
Over the past 33.5 years, $100 invested in NBR would have grown to $60, compared to $3097 for the S&P 500. That's -1.5% annualized vs 10.8% for the index. NBR has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19