Nabors Industries Ltd. NBR is currently considered undervalued, trading at a 3.72X trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which...
The Zacks Oil and Gas - Drilling industry is contending with multiple challenges. First, the U.S. rig count has fallen year over year, slowing drilling activity and impacting service companies' operations....
The S&P 500 Index ($SPX ) (SPY ) today is up by +0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +0.22%. Stocks today are moderately...
Shares of oil and gas drilling contractor Helmerich & Payne HP slipped to a 52-week low of $31.98 per share on Aug. 30, before closing a tad higher at $32.60. Year to date, Helmerich & Payne has lost almost...
Oil prices have continued trading in a narrow range in the new year with fears about weak fundamentals ...