Oil and Gas
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Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Read More Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in states and Alaska as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses in 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 comprises Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, 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.
Hamilton, Hamilton City
52 Week High
52 Week Low
Oil and Gas
Seeking AlphaMar 20
Nabors Industries Is Not Inspiring
During the fourth quarter, the company ran an average of 224 rigs worldwide compared to 211 a year ago. Nabors Industries reported fourth quarter 2018 revenues and other income of $776.62 million compared to revenues of $709.26 million the same quarter of last year. Source: NBR Investment Thesis Nabors Industries (NBR) is one of my selected onshore drillers with Helmerich & Payne (HP). While the oil sector has performed quite well since early 2019, conversely, the drilling industry is still weak and str...
Yahoo FinanceMar 20
Healthy Growth Outlook for Oil & Gas Drilling Industry
The Zacks Oil and Gas - Drilling industry consists of companies that provide rigs on a contractual basis to explore and develop oil and gas.
Seeking AlphaMar 14
Forum Energy Tech upgraded, Nabors Industries downgraded at Citi
Forum Energy Tech (FET +6.1% ) is sharply higher after Citigroup analyst Scott Gruber upgrades shares to Buy from Neutral with an $8 price target, raised from $6.50, while Nabors Industries (NBR -0.7% ) edges lower after the firm downgrades shares to Neutral from Buy with a $4 price target, cut from $6.70. Gruber thinks FET shares have room to run, given that the company just recently swung to free cash flow generation, and says large portions of its business have suffered significant declines and thus hav...
Expected Apr 30, After Hours