Nabors Industries' (NBR -5.8%) downbeat Q2 forecast could spell trouble for other oilfield...

|About: Nabors Industries Ltd. (NBR)|By:, SA News Editor

Nabors Industries' (NBR -5.8%) downbeat Q2 forecast could spell trouble for other oilfield services firms (OIH), Tudor Pickering warns; while some NBR-specific factors likely are at play, the U.S. horizontal rig count continues flat even with more than half the year over. NBR's biggest peers - SLB, HAL, BHI - are little changed, but smaller ones are mostly lower: HP -1.4%, PTEN -1.2%, PDS -1.5%, SPN -1.6%.