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Nabors Industries, Inc. (NBR) [hlAlert]

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Nabors Industries, Inc. (NBR) rated Add by CapitalOne southcoast

Posted on: Thursday,  Oct 23, 2008  10:25 AM ET by CapitalOne southcoast

Nabors Ind (NBR)
rated Add by CapitalOne southcoast.

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.

Capital One Southcoast, Inc's research analysts provide comprehensive, ongoing research support. Our research analysts generate investment ideas for institutional clients across a broad range of industry sectors. Capital One Southcoast, Inc is a wholly-owned non-bank subsidiary of Capital One Financial Corporation. The securities sold, offered, or recommended by Capital One Southcoast, Inc are not insured by the FDIC, not bank guaranteed, and may lose value.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2008 10:25 AM None
None
14.43
as of 12/24/2008
1 Week   
1 Month   
3 Months   
1 YTD   

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