Nabors Industries Ltd. nbr / INDEX Stock
Nabors Industries Ltd. is a global onshore and offshore drilling contractor. The company provides drilling and rig services to oil and gas exploration and production companies worldwide. Its core business involves operating a fleet of drilling rigs, offering both land-based and offshore solutions. Nabors is a significant player in the oilfield services sector, known for its advanced drilling technologies, including automated systems and directional drilling capabilities. The company's service offerings extend beyond basic drilling to include well completion, workover, and other related services. Nabors operates in a highly competitive industry, serving a diverse customer base across various geological basins. Its market position is influenced by global energy demand, commodity prices, and the capital expenditure of oil and gas producers. The company's strategy often focuses on efficiency, technology innovation, and cost management to maintain its competitive edge in the cyclical oilfield services market.
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Volume: 2026-02-11
Aggregate Volume: 48 Days
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