Nabors Industries Ltd. engages in the provision of off shore platform rigs. The firm operates in over 20 countries and provides drilling and drilling-related services for land-based and offshore oil and natural gas wells, with a fleet of rigs and drilling-related equipment. Its segments include U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Its RigCLOUD platform is an edge computing system designed to support workflow management, performance monitoring, and user-specific configurations. Its fleet includes over 284 actively marketed rigs for land-based drilling operations in the United States and various countries throughout the world and 26 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company provides performance tools, directional drilling services, tubular running services, and technologies for use on its own rig fleet and rigs operated by third parties.
Follow-Up Questions
Who is the CEO of Nabors Industries Ltd?
Mr. Anthony Petrello is the Executive Chairman of the Board of Nabors Industries Ltd, joining the firm since 1991.
What is the price performance of NBR stock?
The current price of NBR is $52.43, it has decreased 2.71% in the last trading day.
What are the primary business themes or industries for Nabors Industries Ltd?
Nabors Industries Ltd belongs to Energy industry and the sector is Energy
What is Nabors Industries Ltd market cap?
Nabors Industries Ltd's current market cap is $825.3M
Is Nabors Industries Ltd a buy, sell, or hold?
According to wall street analysts, 9 analysts have made analyst ratings for Nabors Industries Ltd, including 0 strong buy, 1 buy, 7 hold, 7 sell, and 0 strong sell