Equity Overview
Price & Market Data
Price: $29.83
Daily Change: +$0.27 / 0.91%
Range: $28.69 - $30.05
Market Cap: $433,585,024
Volume: 201,300
Performance Metrics
1 Week: -3.49%
1 Month: -32.63%
3 Months: -52.35%
6 Months: -58.23%
1 Year: -63.01%
YTD: -47.82%
Company Details
Employees: 12400
Sector: Industrial services
Industry: Contract drilling
Country: Bermuda
Details
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure that integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; 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. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.