Nabors Industries, through its subsidiaries, owns and operates land-based drilling rig fleet and is a provider of offshore platform drilling rigs in the U.S. and several international markets. Co. also provides directional drilling services, tubular services, performance tools, and technologies for its own rig fleet and those of third parties. Co.'s business is comprised of its land-based and offshore drilling rig operations and other rig related services and technologies, consisting of equipment manufacturing, rig instrumentation and optimization software. Co. has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions and Rig Technologies. We show 40 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. |
Video: Shares Outstanding Importance
