Nabors Industries Ltd. (NBR)

[ChronicDDL]

NBR Website: http://www.nabors.com/

NBR Investor Relations: http://phx.corporate-ir.net/phoenix.zhtml?c=70888&p=irol-IRHome

NBR Global Perspective: http://www.nabors.com/international/default.asp

NBR DD Blog: http://nbrlinks.blogspot.com/

NBR Business Units: http://www.nabors.com/units/default.asp

NBR News: http://phx.corporate-ir.net/phoenix.zhtml?c=70888&p=irol-news

NBR Financial Info: http://phx.corporate-ir.net/phoenix.zhtml?c=70888&p=irol-fundsnapshot

NBR Rig Services: http://www.nabors.com/pool/services_rig.asp

[deepinwonder]

Great, thanks for all the homework you did and the links! This is a great company and I think it has a bigger upside than some of the smaller land drillers, but they will probably all do well, like Cramer said.

Nabors had some rigs in the Sabine Pass area that got damaged, but the stock is still rocketing. I'm going to wait until next week to get into more energy stocks, because of what Cramer said about profit taking, but if it happens and this stock goes down, I wouldn't worry about it.

[deepinwonder]

Here's a research profile from BAC, for those of you who are unfamiliar with this hot ticket:

Nabors Industries Ltd. (Nabors) is a land drilling contractor with almost 600 land drilling rigs. The Company conducts oil, gas and geothermal land drilling operations in the United States Lower 48 states, Alaska, Canada, South and Central America, the Middle East, the Far East and Africa. It is also one of the land well servicing and workover contractors in the United States and Canada. The Company owns approximately 700 land workover and well-servicing rigs in the United States, primarily in the southwestern and western United States, and approximately 215 land workover and well-servicing rigs in Canada. Nabors is a provider of offshore platform workover and drilling rigs and owns 43 platform, 19 jack-up units and three barge rigs in the United States and multiple international markets. These rigs provide well-servicing, workover and drilling services. The Company has a 50% ownership interest in a joint venture in Saudi Arabia, which owns 17 rigs.