Nabors Industries: Setting Up For One other Shopping for Alternative (NYSE:NBR)

oil rig

sasacvetkovic33/iStock through Getty Photographs

Funding thesis

Nabors Industries (NYSE:NBR), a significant supplier of land drilling providers within the U.S. and internationally, hasn’t had good YTD efficiency. A lot of that hasn’t been because of the firm’s specific outcomes however moderately due to “macro” considerations.

Analyst 2024 EBITDA
Evercore $934 m
Benchmark $918 m
ATB Capital Markets $931 m
Tudor Pickering $952 m