Feb. 26 at 2:52 PM
$NBR's 117.9% surge — what's fueling the rally? 🚀
Nabors Industries has slashed net debt by
$554M, hitting its lowest level since 2005, while recently increasing its rig count to 66 in the Lower 48. Plus, an expected addition of approximately 10 net rigs in 2026 adds to the allure. However, declining revenues and reliance on SANAD pose risks.
See if holding NBR is the right move for you 👉 https://www.zacks.com/stock/news/2875619/massive-momentum-can-nabors-industries-extend-its-118-rally?cid=sm-stocktwits-2-2875619-body-35271&ADID=SYND_STOCKTWITS_TWEET_2_2875619_BODY_35271