Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nabors Industries's share price for the quarter that ended in Dec. 2023 was $81.63. Nabors Industries's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 9 Mil. Therefore, Nabors Industries's market cap for the quarter that ended in Dec. 2023 was $767 Mil.
Nabors Industries's quarterly market cap
increased
from Jun. 2023 ($888 Mil) to Sep. 2023 ($1,167 Mil) but then
declined
from Sep. 2023 ($1,167 Mil) to Dec. 2023 ($767 Mil).
Nabors Industries's annual market cap
increased
from Dec. 2021 ($665 Mil) to Dec. 2022 ($1,458 Mil) but then
declined
from Dec. 2022 ($1,458 Mil) to Dec. 2023 ($767 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nabors Industries's Enterprise Value for Today is $2,806 Mil.
Nabors Industries Market Cap Historical Data
The historical data trend for Nabors Industries's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Nabors Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Market Cap
1,046.59
424.67
665.34
1,458.10
766.91
Nabors Industries Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Market Cap
1,458.10
1,163.02
887.97
1,166.51
766.91
Competitive Comparison
For the Oil & Gas Drilling subindustry, Nabors Industries's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nabors Industries Market Cap Distribution
For the Oil & Gas industry and Energy sector, Nabors Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Nabors Industries's Market Cap falls into.
Nabors Industries Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Nabors Industries's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nabors Industries (NYSE:NBR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Nabors Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Nabors Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nabors Industries (Nabors Industries) Business Description
Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.
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