After A Solid First Quarter, Here's Why I'm Attracted To Nabors Industries
Heather Ingrassia • Yesterday, 7:13 AM
- On Tuesday, April 22, Nabors Industries announced Q1 EPS of $0.16/share which was $0.02/share better than what the street was expecting.
- Nabors Industries Rig Services segment demonstrates a $10.9 million dollar Q/Q increase in its segment-based operating income.
- Recent trend behavior signals a buying mode for most long-term investors, and that trend behavior could continue, especially if Nabors demonstrates strong earnings results over the next several quarters.