GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Nabors Industries, Inc. (NBR) [hlAlert]

Rating:
Outperform
NBR
down 50.79 %

Nabors Industries, Inc. (NBR) rated Outperform by BMO Capital Markets

Posted on: Thursday,  Oct 15, 2009  9:25 AM ET by BMO Capital Markets

BMO Capital Markets rated Outperform Nabors Industries, Inc. (NYSE: NBR) on 10/15/2009, when the stock price was $21.89.
Since then, Nabors Industries, Inc. has lost 50.80% as of 11/02/2015's recent price of $10.77.
If you would have followed this BMO Capital Markets's recommendation on NBR, you would have lost 50.79% of your investment in 2209 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.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2009 9:25 AM Buy
None
21.89
as of 12/31/2009
1 Week down  -2.26 %
1 Month up  8.66 %
3 Months up  2.51 %
1 YTD up  2.51 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy