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Crude oil ( CL1:COM ) closes higher after erasing an earlier loss, with July WTI +1.9% to $38.94/bbl, but energy names ( XLE -3.3% ) are some of today's biggest stock market losers. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, Valaris plc, Energy stocks news, Commo...
Yesterday was a big day for a lot of oil and gas stocks , especially those that have seen their stock prices crater lately. Many of those same stocks are giving back many of those gains today, though, as prices remain low. Several of the oil services companies and rig operators are among the bi...
Shares of oilfield services companies Halliburton (NYSE: HAL) , NOW, Inc. (NYSE: DNOW) , and Nabors Industries (NYSE: NBR) jumped more than 10% in May, according to data provided by S&P Global Market Intelligence . Services generalist Hall...
Chesapeake Energy CHK -49% after preparing for bankruptcy . More news on: Borr Drilling Limited, GNC Holdings, Inc., Extraction Oil & Gas, Inc., Stocks on the move, , Read more ...
Shares of oil drilling stocks are flying higher on June 8, following news over the weekend that some of the world's biggest oil-producing nations had reached an agreement to continue output cuts first implemented in April. As of 2:08 p.m. EDT, shares of the following seven oil drilling and oilfi...
The stock market made an assertive statement of extreme confidence on Friday, responding favorably to news that the U.S. employment picture has begun to recover. The recovery from March's lows has already been extremely impressive, but the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&a...
A lot of oil stocks are surging today, with one category -- oil drillers -- seeing some of the biggest gains. As of 1:56 p.m. EDT on Friday, the SPDR S&P 500 ETF Trust (NYSEMKT: SPY) was up 2.8%, but companies involved in both offshore and on-land oil and gas drilling were...
Shares of oil drilling contractor Nabors Industries (NYSE: NBR) soared on May 28, gaining 16.4% from the previous day's close. The big jump was the product of a share price target increase by a Wall Street analyst. An analyst with Citigroup significantly lifted his price t...
Nabors Industries ( NBR +12.3% ) soars as much as 25% intraday after Citi raised its price target to a Street-high $35 from $15.50 previously, citing more bullish commodity price forecasts and strengthening market fundamentals. More news on: Nabors Industries Ltd., Energy stocks news, ...
NBR's Short-Term Outlook Is Weak In an environment when the energy market looks fragile and the U.S. onshore utilization and day rates have been keeping low, Nabors Industries ( NBR ) persisted with its policy of operating the super-spec AC rigs while diversifying its revenues base away fr...
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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...