Nabors Industries, Inc. is one of the largest land drilling contractors. Nabors conducts oil, gas and geothermal land drilling operations in the U.S. and internationally. Nabors also is one of the largest land well-servicing and workover contractors in the United States. To further supplement its primary business, it offers a number of ancillary well-site services, including oilfield management, engineering, transportation, construction, maintenance, well logging and other support services, in selected domestic and international markets.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
Barchart technical indicators:
- 96% technical buy signals
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 14 new highs and up 36.73% in the last month
- Relative Strength Index 68.32%
- Technical support level at 12.71
- Recently traded at 13.14 with a 50 day moving average of 10.75
Fundamental factor:
- Market Cap $ 3.70 billion
- Revenue expected to grow 10.20% next year
- Earnings estimated to increase 21.50% next year
- Wall Street analysts issued 14 strong buy, 3 hold and 1 sell recommendation on the stock