Nabors Industries Ltd. (NBR) stock surged +2.79%, trading at $67.89 on NYSE, up from the previous close of $66.05. The stock opened at $65.95, fluctuating between $65.57 and $68.80 in the recent session.
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
Employees | 12000 |
Beta | 2.124 |
Sales or Revenue | $3.01B |
5Y Sales Change% | -0.282% |
Fiscal Year Ends | December |
Sector | Energy |
Industry | Oil & Gas Drilling |
Nabors Industries Ltd. (NYSE: NBR) stock price is $67.89 in the last trading session. During the trading session, NBR stock reached the peak price of $68.80 while $65.57 was the lowest point it dropped to. The percentage change in NBR stock occurred in the recent session was 2.79% while the dollar amount for the price change in NBR stock was $1.84.
The NYSE listed NBR is part of Oil & Gas Drilling industry that operates in the broader Energy sector. Nabors Industries Ltd. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Mr. Michael Rasmuson
Senior Vice President, Gen. Counsel & Chief Compliance Officer
Mr. Travis Purvis
Senior Vice President of Global Drilling Operations
Mr. R. Clark Wood
Vice President & Chief Accounting Officer
Ms. Jade Strong
Senior Vice President & Chief Admin. Officer
Mr. Dennis A. Smith
Senior Vice President of Corporation Devel. & Investor Relations
Mr. Donald Prejean
Senior Vice President of Canrig Operations
Mr. Sri Valleru
Senior Vice President, Chief Information Officer & Chief Digital Officer
Mr. Subodh Saxena
Senior Vice President of Nabors Drilling Solutions
Mr. Mark D. Andrews
Corporation Sec.
Mr. William J. Restrepo
Chief Financial Officer
Mr. Siegfried Meissner
Pres of Engineering & Technology
Mr. Anthony G. Petrello
Pres, Chief Executive Officer, Sec. & Chairman
NBR's closing price is 13.34% higher than its 52-week low of $59.90 where as its distance from 52-week high of $141.47 is -52.01%.
Number of NBR employees currently stands at 12,000.
Official Website of NBR is: https://www.nabors.com
NBR could be contacted at phone 144 129 21510 and can also be accessed through its website. NBR operates from Crown House, Hamilton, HM 08, Bermuda.
NBR stock volume for the day was 632.74K shares. The average number of NBR shares traded daily for last 3 months was 293.06K.
The market value of NBR currently stands at $647.69M with its latest stock price at $67.89 and 9.54M of its shares outstanding.
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