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Nabors is the driller next door, and nearly everywhere in the world |
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| May 22, 2008 05:44 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Stocks to Buy Readers of this space know that one of the preferred sectors is oil/oil services. Given oil's importance in a growing global economy, oil and oil services companies are likely to continue to experience steady demand for their services/products. And with the above in mind, Nabors Industries is worth a review.Nabors Industries Ltd. (NYSE: NBR) is the world's largest land-drilling contractor, engaging in oil, gas, and geothermal land drilling operations in the U.S., South/Central America, the Middle East, and Africa. Analysts like NBR's increasing dayrates for U.S. land drilling rigs, which rose $1,056 per day to $21,135 in Q1 2008. Continue reading Nabors is the driller next door, and nearly everywhere in the world Permalink | Email this | Comments<map name="google_ad_map_145-1203573"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1203573?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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