Nabors Industries Ltd. drawdown: 96.9% below the all-time high (price)
Nabors Industries Ltd. is 96.9% below its all-time high, set Jun 23, 2008 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −96.9%
- 3.1% of ATH
- All-time high
- $2,489
- Jun 23, 2008
- Time below the high
- 18.3 yrs
- since Jun 23, 2008
- Worst-ever drawdown
- −99.6%
- Apr 22, 2020
- Longest underwater
- 18.3 yrs
- between all-time highs
- Today's level first reached
- Feb 28, 1991
- 35.6 yrs ago
- Last time this deep
- never before
- no prior −96.9% episode
% of all-time high since 1991: price#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jun 23, 2008 | Apr 22, 2020 | −99.6% | 11.8 yrs | not yet | 18.3 yrs+ |
| Oct 9, 1997 | Mar 2, 1999 | −76.8% | 17 mo | Aug 14, 2000 | 2.8 yrs |
| Jan 26, 2001 | Sep 26, 2001 | −70.1% | 8 mo | Jul 5, 2005 | 4.4 yrs |
| Jun 7, 1993 | Aug 25, 1994 | −44.7% | 15 mo | Dec 11, 1995 | 2.5 yrs |
| Jan 30, 2006 | Jan 22, 2008 | −39.0% | 2.0 yrs | May 19, 2008 | 2.3 yrs |
| Feb 28, 1991 | Jun 27, 1991 | −35.0% | 4 mo | Jun 5, 1992 | 15 mo |
| Jan 16, 1997 | Mar 3, 1997 | −32.4% | 46 days | May 21, 1997 | 4 mo |
| Sep 24, 1992 | Nov 4, 1992 | −24.6% | 41 days | Apr 7, 1993 | 6 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 1991: how far Nabors Industries Ltd. stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is Nabors Industries Ltd. from its all-time high?
- Nabors Industries Ltd. is currently 96.9% below its all-time high, set Jun 23, 2008 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest Nabors Industries Ltd. drawdown ever?
- The deepest decline on record in our data (since 1991) took Nabors Industries Ltd. 99.6% below its prior high, bottoming Apr 22, 2020. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from NBR; no free deep history exists for Nabors Industries Ltd. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.