Nabors Industries faces a declining US drilling market, high debt, and poor market outlook, leading to a sell recommendation.

Nabors Industries Ltd. engages in the provision ... and technologies for its own rig fleet and those operated by third parties. It manufactures drilling equipment and drilling rig instrumentation.

Nabors Industries Ltd.’s NBR share price has surged by 11.04%, which has investors questioning if this is right time to sell.

Nabors Industries closes its acquisition of Parker Wellbore, the leading rental provider of high-performance downhole ...

That performance directly impacts our businesses, our own fleet rigs in the lower 48, and NDS, both our Nabors Industries Ltd. rigs and our third-party rigs. At the same time, margins in these two ...

NBR projects that Parker Wellbore's operations will contribute approximately $150 million in annualized adjusted EBITDA for ...

Parker's contract drilling services encompass land and barge rigs, in addition to operations and maintenance services. Nabors chairman, president and CEO Anthony Petrello commented: "With the ...

Adjusted free cash flow represents net cash provided by operating activities less cash used for capital expenditures, net of proceeds from sales of assets. Management believes that adjusted free ...