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

Rating:
Buy NBR
down 53.33 %

Nabors Industries, Inc. (NBR) rated Buy by Canaccord Adams

Posted on: Wednesday,  Nov 11, 2009  8:25 AM ET by Canaccord Adams

Canaccord Adams rated Buy Nabors Industries, Inc. (NYSE: NBR) on 11/11/2009, when the stock price was $23.08. Since
then, Nabors Industries, Inc. has lost 53.34% as of 11/02/2015's recent price of $10.77.
If you would have followed this Canaccord Adams's recommendation on NBR, you would have lost 53.33% of your investment in 2182 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.

Canaccord Adams provides focused, actionable, idea-driven research, helping clients make informed investment decisions. Our 55 international analysts scour the globe for emerging and small to mid cap (US$1-2 billion market capitalization) growth opportunities, identifying value and exposing risk. Our research team analyzes over 550 companies in eight sectors, clarifying current events and anticipating market trends in high-quality daily, weekly and monthly research products. Our clients benefit from our thorough and sophisticated knowledge of the sectors we cover - Metals and Mining, Energy, Technology, Life Sciences, Real Estate, Consumer, Sustainability and Industrial Growth. We combine independent, actionable ideas, unique global perspective and unparalleled industry expertise. We believe it's evident in our research, and the foundation of our business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/11/2009 8:25 AM Buy
None
23.08
as of 12/31/2009
1 Week down  -2.26 %
1 Month up  8.66 %
3 Months down  -2.77 %
1 YTD down  -2.77 %

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