|Bid||121.15 x 3000|
|Ask||122.43 x 900|
|Day's Range||116.65 - 123.72|
|52 Week Range||21.66 - 133.61|
|Beta (5Y Monthly)||3.62|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 26, 2021 - Jul 30, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 11, 2020|
|1y Target Est||88.00|
Nabors Industries' (NBR) newly-formed subsidiary intends to raise $250 million in the proposed offering through the sale of units.
Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced today that Nabors Energy Transition Corp. ("NETC"), a newly formed special purpose acquisition company and an affiliate of Nabors, has filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its units. NETC intends to list it
Nabors (NBR) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.