Nabors Industries faces a declining US drilling market, high debt, and poor market outlook, leading to a sell recommendation.
The rig count in the Permian Basin was down three this week, the latest count Friday by Baker Hughes shows, with 301 rigs active in the region. A year ago, 316 rigs were active in the region.
The oil rig count in the US increased by 1 this week, oilfield services company Baker Hughes data showed Friday. The number ...
The number of oil rigs in the US increased by one during the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil rose to 487, while gas lost ...
The rig count in the Permian Basin was down one this week, the latest count Friday by Baker Hughes shows, with 304 rigs ...
Drilling activity posted its first decline in six weeks during the first week of March. Oilfield services firm Baker Hughes ...
The number of oil rigs stayed the same—down by 18 compared to this time last year. The number of gas rigs fell by 1 to 101 ...
The number of active rigs drilling for oil and gas in the U.S. remained unchanged this week at 592, down by 37 rigs from this time last year, Baker Hughes said Friday in its latest report. Drilling ...