Nabors Industries (NYSE: NBR)
Nabors Industries Return vs. S&P
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Nabors Industries Company Info
Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It operates through the following business segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada segment operates in land-based drilling rigs in Canada. The International segment focuses on maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment refers to the Canrig, which manufactures and sells top drives, catwalks, wrenches, draw works, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.
News & Analysis
Why Nabors Industries Stock Is Soaring Today
The oilfield services company posted strong results.
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The energy sector still has a lot of growth left to price in.
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The list of bankrupt energy companies will likely keep growing.
[TIME SENSITIVE] Why Nabors Industries, Patterson-UTI, and Borr Drilling All Fell Sharply on June 24
Anything related to oil was hard hit today. Here's why the lumps these energy services providers took could linger.
These Oil Stocks Are Crashing After Yesterday's Big Rise
Yesterday's near-euphoric rally sent some oil stocks soaring, but today is a sobering reminder of the realities of the market.
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Things aren't as bad as expected for oil and gas companies...yet.
Why Oil Drilling Stocks Are Gushing Higher Today
Rising oil prices, positive jobs data, and expectations OPEC+ will extend production cuts have investors betting that the worst is over.
Here's Why Nabors Industries Stock Rocketed Higher Today
A Wall Street analyst raising its price target can do wonders for a stock price, especially when there's high short interest.
Valuation
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