Why Oil and Gas Stocks Are Popping Today [The Motley Fool]
Nabors Industries Ltd. (NBR)
Last nabors industries ltd. earnings: 2/20 04:15 pm
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US:NYSE Investor Relations:
investor.nabors.com
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Source: The Motley Fool
Why Oil and Gas Stocks Are Popping Today The oil market is in rally mode today. Oil prices bounced back on Wednesday. The U.S. oil benchmark, WTI, surged more than 4% to around $55 a barrel, which reversed yesterday's 2.1% slide, and then some. This rally fueled a rebound in most energy stocks . Leading the way was Whiting Petroleum ( NYSE:WLL ) , Antero Resources ( NYSE:AR ) , and Nabors Industries ( NYSE:NBR ) , which were all up more than 10% by 2:30 p.m. EDT. Fueling today's rally in the oil market was growing geopolitical optimism and forecasts that U.S. oil inventory levels will continue falling. Most analysts expect that the U.S. Government will report a 3 million barrel decline in crude oil storage levels this week. That would mark the third straight drop, which would imply that demand growth remains healthy. With oil making a big move today, oil and gas stocks are following suit. That's because they make more money at higher oil prices. Whiting and Antero both have lots of
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NBR
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NBR, CGBD, PALT, INSI on Behalf of ShareholdersAccesswire
- $HAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues to Investigate the Mergers of NBR, CGBD, PALT and INSIAccesswire
- Kuehn Law Encourages NBR, PALT, CGBD, and PWUP Investors to Contact Law FirmGlobeNewswire
- $HAREHOLDER INVESTIGATION The M&A Class Action Firm Launches Inqyiry for the Merger of NBR, CGBD, PALT and INSIAccesswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NBR, PALT, CGBD on Behalf of ShareholdersAccesswire
NBR
Earnings
- 10/22/24 - Miss
NBR
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- NBR's page on the SEC website