Nabors Industries Ltd. owns and operates a land-based drilling rig fleet. Co. is a provider of offshore platform drilling rigs in the U.S. and international markets. Co. operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions and Rig Technologies. Its services include tubular running services, wellbore placement solutions, directional drilling, measurement-while-drilling (MWD), logging-while-drilling (LWD) systems and services, equipment manufacturing, rig instrumentation and optimization software. Its U.S. fleet consists of approximately 171 alternating current (AC) rigs and 11 silicon-controlled rectifier (SCR) land rigs. We show 63 historical shares outstanding datapoints in our coverage of NBR's shares outstanding history.
Understanding the changing numbers of NBR shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like NBR versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching NBR by allowing them to research NBR shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
