|Day's Range||24.09 - 24.39|
|52 Week Range||23.91 - 36.35|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
A direct war between Saudi Arabia and Iran will disrupt Middle East oil supplies and push oil prices back towards the $60, even $100, level--a dream scenario for American frackers who will have to pump oil as fast as they can to make up any supply shortfall to America’s allies.
The correlation coefficient between the price of crude oil and Nabors Industries stock from June 19, 2016, to June 19, 2017, is 0.65.
Oil is falling again today--and taking energy stocks down with it. And it doesn't help that analysts have been cutting oil stocks hand over fist, with one slashing his rating on 51 stocks this morning. ...
Last week (ended June 16), Atwood Oceanics was the worst-performing offshore drilling stock, while Rowan was the only stock among peers to see gains.
U.S. index tracking ETFs were lower across the board Tuesday as the major averages cooled from the previous session's big gains.
The correlation coefficient between Schlumberger’s stock price and WTI crude oil prices from June 16, 2016, to June 16, 2017, stands at 0.63.
Nabors Industries (NBR) is one of the largest land-based drilling operators in the world. It's had a weak run in the stock market so far in 2017.
|Baker Hughes Inc||BHI||6.94%|
|Tenaris SA ADR||TS||5.12%|
|National Oilwell Varco Inc||NOV||5.02%|
|Core Laboratories NV||CLB||4.88%|
|Patterson-UTI Energy Inc||PTEN||4.66%|
|Helmerich & Payne Inc||HP||4.16%|