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Global spending on oilfield equipment and services (NYSEARCA: OIH ) will fall 21% this year to $211B, the lowest level since 2005 and below industry outlays at the low point of the 2016 oil price crash, according to a report from the Spears & Associates consultancy. More news on: Van...
HAMILTON, Bermuda , March 31, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (the "SEC") and has mailed definitive proxy materials to its shareholders i...
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 offshore drilling industries are comparable in many ways and are suffering t...
Nabors Industries (NYSE: NBR ) says it will cut planned 2020 capital spending by at least another $75M to $275M-$295M, a 21% drop at the midpoint from its previous $350M-$370M plan. More news on: Nabors Industries Ltd., Energy stocks news, Stocks on the move, Read more ...
HAMILTON, Bermuda , March 25, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors" or the "Company") announced today it is taking several actions in light of current market conditions, which have arisen from the combination of the COVID-19 outbreak and the ongoing disput...
The outlook is grim for smaller oilfield services companies (NYSEARCA: OIH ) needing credit, as drilling work dries up and oil prices collapse and the coronavirus threatens to wreck global demand, Moody's analyst Sreedhar Kona says in a new report. More news on: VanEck Vectors Oil Servi...
Nabors Industries (NYSE: NBR ) says it will submit a proposal at a special general shareholders meeting to effect a reverse stock split . More news on: Nabors Industries Ltd., Energy stocks news, Read more ...
HAMILTON, Bermuda , March 18, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that its Board of Directors has approved a proposal, to be submitted to shareholders for approval at a special general meeting of shareholders anticipated to be held on April ...
Oilfield services and drilling companies working in North America hold ~$32B of debt due to mature in 2020-24, Moody's says in a new report. More news on: Transocean Ltd., Valaris plc, Nabors Industries Ltd., Energy stocks news, Stocks on the move, News on ETFs, Read more ...
NBR's Short-Term Drivers Are Not Strong Nabors Industries' ( NBR ) short-term prospect is peppered with the U.S. onshore weakness. The upstream company's budget cut did prompt many legacy rigs to be stacked, although the rate of stacking is expected to decelerate in Q1 2020. By the start o...
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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...
2024-06-29 02:04:00 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...
TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- Nubian Resources Ltd. (TSX-V: NBR | OTCQB: NBRFF) (“ Nubian ” or the “ Company ”) is pleased to announce the results of its annual and special meeting of shareholders (the “Meeting”) held earlier today. ...