NBR stock surges 155% in a year, backed by strong Q2 execution and Saudi growth potential, but heavy spending and risks cloud its outlook.

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, NBR and HP.

Patterson-UTI's longer contracts, higher dayrates and packed frac calendar point to better cash flow, but losses and commodity exposure remain.

Nabors is building on firmer pricing, premium rigs and international growth while working to improve cash flow and reduce debt.

NBR posts a wider-than-expected Q2 loss, but revenues top estimates as International Drilling strength offsets weakness in other segments.

Nabors (NBR) delivered earnings and revenue surprises of -32.47% and +0.37%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Delek US, Par Pacific, PBF Energy, ZIM Integrated and Nabors emerge as broker favorites amid oil-price swings and hopes for a U.S.-Iran diplomatic resolution.

The mean of analysts' price targets for Nabors (NBR) points to a 25.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

NBR is set to report Q2 results on July 28. Lower drilling solutions revenues may weigh on sales, while reduced costs could help limit earnings pressure.