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Enter Symbol:
 
Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Sector Outperform
NBR
down 42.09 %

Nabors Industries, Inc. (NBR) upgraded to Sector Outperform with price target $28 by Howard Weil

Posted on: Thursday,  Oct 23, 2014  9:25 AM ET by Howard Weil

Howard Weil rated Sector Outperform Nabors Industries, Inc. (NYSE: NBR) on 10/23/2014, when the stock price was $18.60.
Since then, Nabors Industries, Inc. has lost 42.10% as of 11/02/2015's recent price of $10.77.
If you would have followed this Howard Weil's recommendation on NBR, you would have lost 42.09% of your investment in 375 days.

Nabors Industries Limited (Nabors) is a global land drilling contractor, approximately 528 actively marketed land drilling rigs. The Company conducts oil, gas and geothermal land drilling operations in the United States Lower 48 states, Alaska, Canada, South America, Mexico, the Caribbean, the Middle East, the Far East, Russia and Africa. Nabors is engaged in the land well-servicing and contracting in the United States and Canada. The Company market approximately 592 land workover and well-servicing rigs in the United States, primarily in the southwestern and western United States, and actively market approximately 171 land workover and well-servicing rigs in Canada. Nabors is a provider of offshore platform workover and drilling rigs, and actively markets 37 platform rigs, 13 jack-up units and three barge rigs in the United States and multiple international markets. The Company has a 51% ownership interest in a joint venture in Saudi Arabia.

Howard Weil’s team of research professionals currently cover approximately 100 public energy companies, including major integrated oil companies, independent refiners, exploration and production companies, oilfield services companies, gas and power, coal producers and other energy companies. Our research analysts engage in ongoing dialogue with company management and constant internal analysis in order to give Howard Weil’s clients an in-depth understanding of the companies we cover, as well as current insights on the global energy marketplace.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2014 9:25 AM Buy
None
18.60 28.00
as of 8/27/2015
1 Week up  5.69 %
1 Month down  -25.26 %
3 Months down  -30.96 %
1 YTD down  -42.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/29/2009 10:25 AM Hold
None
19.96 26.00

(*) Stock Price at the time of the recommendation.
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