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HAMILTON, Bermuda , Oct. 11, 2019 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello , Chairman and Chief Executive Officer, and William Restrepo , Chief Financial Officer, Wednesday, October 30 th at 10:00 a.m. Central Time for a di...
Source: NBR Investment Thesis Nabors Industries ( NBR ) is one of my selected onshore driller companies, which also include Helmerich & Payne ( HP ) that I regularly cover on Seeking Alpha. The onshore and the offshore drilling industry are comparable in many ways and suffer the ...
Diamond Offshore ( DO -5.5% ), Nabors Industries ( NBR -3.2% ), Noble Corp. ( NE -4.3% ), Transocean ( RIG -4% ) and Valaris ( VAL -5.7% ) are all downgraded to Sector Perform from Outperform at RBC, where analyst Kurt Hallead says the sector's pace of recovery has been slower than...
On Sept. 6, the number of operating drilling rigs in the United States fell below 900 for the first time since 2017. Month-after-month declines in rig count have weakened the stock prices of pure-play drilling companies. Although they're nearing record-low levels, let's not throw the baby out wi...
Gee, that was fast! After initially surging on news that drone and missile attacks in Saudi Arabia had knocked half that country's oil production and refining capacity offline over the weekend, oil prices -- and oil stocks -- are taking a hit today. Perversely, this hit is in response to so...
Oil and gas names ( XLE -1.7% ) tumble into the red following a report that Saudi Arabia could fully restore its lost oil production within 2-3 weeks. More news on: Energy Select Sector SPDR ETF, Chesapeake Energy Corporation, Apache Corporation, Energy stocks news, Stocks on the move,...
Oil and gas tickers dominate pre-market gainers in the wake of surging crude oil prices following the attacks in Saudi Arabia over the weekend. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Denbury Resources Inc., Energy stocks news, News on ETFs, Rea...
Crude oil prices ( USO -2.3% ) are firmly in the red after an OPEC technical meeting brings no decision on further production cuts despite a mounting global supply glut and weakening demand growth for crude, instead focusing on bringing Nigerian and Iraqi output down to agreed quotas. ...
Oil prices bounced back on Wednesday. The U.S. oil benchmark, WTI, surged more than 4% to around $55 a barrel, which reversed yesterday's 2.1% slide, and then some. This rally fueled a rebound in most energy stocks . Leading the way was Whiting Petroleum (NYSE: WLL) , Antero Resources (N...
The oil market is in rally mode today. Crude oil rose more than 1.5% the day after a closely watched report from the U.S. government showed a significant drop in oil storage levels. That fueled optimism across the energy sector , sending most stocks soaring. The biggest gainers were Cimarex En...
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Nabors Announces Second Quarter 2024 Results PR Newswire HAMILTON, Bermuda , July 23, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2024 operating revenues of $735 million , compared to ...
Nabors Prices $550 Million Senior Guaranteed Notes Offering PR Newswire HAMILTON, Bermuda , July 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has...
2024-07-09 01:14:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...