Analyst Price Targets — NBR
Latest News for NBR
NBR invests $35 million in Quaise Energy, boosting its ownership to 14% and strengthening its position in next-generation superhot geothermal drilling.
Nabors (NBR) reported earnings 30 days ago. What's next for the stock?
HOUSTON--(BUSINESS WIRE)--Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the final close of its Series B, raising a total of $180 million in equity financing, including a $35 million investment from Nabors Industries (NYSE: NBR), one of the world's largest land drilling contractors and a long-standing partner to Quaise. Nabors has also entered into a strategic…
Investment increases Nabors' ownership to extend its technology-enabled growth strategy and positions the Company to support the commercialization of next-generation superhot geothermal drilling HAMILTON, Bermuda, Aug. 27, 2026 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced the completion of a $35 million strategic equity investment in Quaise Energy, Inc. ("Quaise").
NBR stock surges 155% in a year, backed by strong Q2 execution and Saudi growth potential, but heavy spending and risks cloud its outlook.
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