Nabors Industries volatility flat as shares pullback into Q1 Nabors Industries April call option implied volatility is at 36, May is at 40, June is at 37; compared to its 26-week average of 40 according to Track Data, suggesting non-directional price movement into the expected release of Q1 results on April 24.
News For NBR From The Last 14 Days
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Nabors Industries optimistic about the growth prospects for venture Company concluded, "It is becoming increasingly apparent that virtually every element of our business is experiencing improving fundamentals manifested through improving utilization and pricing. Construction of the numerous new rigs we have in progress remains on track and within budget. The contribution of these deployments combined with a favorable pricing environment across every market and the incremental demand for new rigs globally yield a high degree of growth visibility for the foreseeable future. We are particularly optimistic about the growth prospects for our venture with C&J in the Completion & Production Services business."