Nabors Industries (NBR)
Nabors Industries Beneish M-Score: -2.548
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NBR Beneish M-Score Rankings
| Overall | 45th percentile | 2071 of 3771 |
| Sector | 54th percentile | 179 of 393 in Basic Materials |
| Industry | 38th percentile | 30 of 49 in Oil & Gas Drilling & Exploration |
NBR Beneish M-Score Range, Past 5 Years
| Minimum | -3.504 | Dec 2009 |
| Maximum | -1.927 | Dec 2010 |
| Average | -2.754 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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NBR News
I guess I am bored today, but starting another L position in $NBR. I think that is the last one. Will just add to other positions now
about 6 days ago by SilentPatriot
about 6 days ago by SilentPatriot
@BrantleyFoster Indeed. $NBR has some support at 13 flat might add there instead. Depends how overall mkt trades
about 14 days ago by SteveCaru
about 14 days ago by SteveCaru
@SteveCaru getting $NBR <12 1/2 would be a gift. I hope it happens
about 14 days ago by BrantleyFoster
about 14 days ago by BrantleyFoster
Today's Portfolio Update: Closed $MUR Oct $52.50 put (+47.06%), $NBR Sep $16 put (+46.67%) & $SAI Nov $13 put (+45.79%). Adding Short $EWC
about 15 days ago by elliottwave
about 15 days ago by elliottwave
$NBR forms bearish "Descending Continuation Triangle" chart pattern. http://stks.co/3p77
about 16 days ago by RecogniaEvents
about 16 days ago by RecogniaEvents
$NBR forms bearish "Top Triangle" chart pattern. http://stks.co/3p6b
about 16 days ago by RecogniaEvents
about 16 days ago by RecogniaEvents
@PTSD_Trader There is so much I love about $NBR to even fit in 140 characters haha, keeping my 1% starter position, will add lower
about 22 days ago by SteveCaru
about 22 days ago by SteveCaru
Was stopped out, but I love $NBR trading at .84 book value. Last qtr earnings great. RT @SteveCaru $NBR Jun 27 calls active 8,000 contracts
about 22 days ago by PTSD_Trader
about 22 days ago by PTSD_Trader
$NBR recent golden cross failed today. Much weaker vs $XLE. Will bears aim at October lows for retest? http://stks.co/3i1Z
about 24 days ago by tradewithpete
about 24 days ago by tradewithpete
$NBR Mentioned more than normal on StockTwits - Currently at 5 x average daily social activity
about 27 days ago by TradeIdeasQuant
about 27 days ago by TradeIdeasQuant
$NBR Block 5000 contracts on Jun 16 & 18 both purchased at the same time (13:31), not sure if its bull or bear call spread. Anyone know?
about 27 days ago by SteveCaru
about 27 days ago by SteveCaru
$OCZ Sept 7 calls active again today and $NBR seeing call activity on June 16 & 18 strikes
about 27 days ago by SteveCaru
about 27 days ago by SteveCaru
UBS Maintains a 'Neutral' on Nabors (NBR); Asset Monetization Moving Forward, But Headwinds Still Present
Apr 26, 1:50PM Street Insider
Apr 26, 1:50PM Street Insider
Nabors Industries' CEO Discusses Q1 2012 Results - Earnings Call Transcript
Apr 25, 4:40PM Seeking Alpha
Apr 25, 4:40PM Seeking Alpha
Edwards Lifesciences, Panera Bread Among Stocks Up on High Volume Wednesday
Apr 25, 12:33PM Fox Business
Apr 25, 12:33PM Fox Business
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NBR | 13.76 | -0.56 | -3.91% | 3.972B |
| NBL | 84.04 | -2.17 | -2.52% | 15.02B |
| NBIX | 6.45 | -0.08 | -1.23% | 427.25M |
| NBG | 1.44 | -0.08 | -5.26% | 1.377B |
| MOC | 1.10 | +0.01 | +0.92% | 11.81M |
| MOBI | 2.11 | -0.08 | -3.65% | 67.88M |
| MO | 32.02 | -0.11 | -0.34% | 65.50B |
| MNTG | 4.90 | +0.11 | +2.30% | 135.58M |
| MNTA | 13.83 | -0.14 | -1.00% | 709.89M |
| MNST | 73.64 | +0.60 | +0.82% | 12.84B |