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	<title>Stock Blog Hub &#187; Nabors Industries Ltd</title>
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		<title>(XTO) Natural Gas Inventory Builds at Slower Pace</title>
		<link>http://www.stockbloghub.com/2009/09/18/xto-natural-gas-inventory-builds-at-slower-pace/15628</link>
		<comments>http://www.stockbloghub.com/2009/09/18/xto-natural-gas-inventory-builds-at-slower-pace/15628#comments</comments>
		<pubDate>Fri, 18 Sep 2009 23:41:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BJ Services Company]]></category>
		<category><![CDATA[BJS]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[Devon Energy Corporation]]></category>
		<category><![CDATA[DVN]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[XTO]]></category>
		<category><![CDATA[Xto Energy Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15628</guid>
		<description><![CDATA[Yesterday, we received a mildly positive report from the federal government’s Energy Information Administration (EIA), showing a less-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 66 billion cubic feet (Bcf) for the week ended September 11. This takes the current storage level to 3.46 trillion cubic feet (Tcf), which is up 16.7% from last year&#8217;s level and 16.4% above the five-year range (as clear from the nearby chart from the EIA). Current stocks are 496 Bcf above last year’s level and 487 Bcf above the five-year average. The inventory addition was lower than the five-year-average injection of 82 Bcf but slightly exceeded last year&#8217;s build of 65 Bcf. Overall, the relentless increase in gas storage levels continue to add to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/18/xto-natural-gas-inventory-builds-at-slower-pace/15628/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Oil &amp; Gas Industry &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/09/15/pbr-oil-gas-industry-zacks-analyst-interviews/15185</link>
		<comments>http://www.stockbloghub.com/2009/09/15/pbr-oil-gas-industry-zacks-analyst-interviews/15185#comments</comments>
		<pubDate>Tue, 15 Sep 2009 17:07:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corp.]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15185</guid>
		<description><![CDATA[The emerging positive narrative of a favorable outlook for the U.S. economy has done wonders for the markets, particularly equities and commodities. The broad equity markets as well as most commodity groups are up smartly from their early-March lows. Crude oil&#8217;s gains have been even more impressive, given its heavy leverage to the health of the global economy. Our view is that oil should be able to hold onto its recent gains and consolidate around current levels, provided this favorable economic view remains in place. While we have greater confidence in the staying power of the current oil rally, this does not mean that we will not see any short-term pullbacks. On the whole, we expect oil prices in 2010 to be higher than the 2009 levels, but remain significantly ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/15/pbr-oil-gas-industry-zacks-analyst-interviews/15185/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(PBR) Oil &amp; Gas Industry &#8211; Favorable View on Stabilizing Economy</title>
		<link>http://www.stockbloghub.com/2009/09/14/pbr-oil-gas-industry-favorable-view-on-stabilizing-economy/15142</link>
		<comments>http://www.stockbloghub.com/2009/09/14/pbr-oil-gas-industry-favorable-view-on-stabilizing-economy/15142#comments</comments>
		<pubDate>Mon, 14 Sep 2009 20:55:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cnooc Ltd]]></category>
		<category><![CDATA[E]]></category>
		<category><![CDATA[Eni SpA]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corp.]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=15142</guid>
		<description><![CDATA[The emerging positive narrative of a favorable outlook for the U.S. economy has done wonders for the markets, particularly equities and commodities. The broad equity markets as well as most commodity groups are up smartly from their early-March lows. Crude oil’s gains have been even more impressive, given its heavy leverage to the health of the global economy. Our view is that oil should be able to hold onto its recent gains and consolidate around current levels, provided this favorable economic view remains in place. While we have greater confidence in the staying power of the current oil rally, this does not mean that we will not see any short-term pullbacks. On the whole, we expect oil prices in 2010 to be higher than the 2009 levels, but remain significantly ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XTO) Natural Gas Inventories Rise Less Than Expected</title>
		<link>http://www.stockbloghub.com/2009/09/11/xto-natural-gas-inventories-rise-less-than-expected/14970</link>
		<comments>http://www.stockbloghub.com/2009/09/11/xto-natural-gas-inventories-rise-less-than-expected/14970#comments</comments>
		<pubDate>Fri, 11 Sep 2009 21:46:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BJ Services Company]]></category>
		<category><![CDATA[BJS]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[XTO]]></category>
		<category><![CDATA[Xto Energy Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14970</guid>
		<description><![CDATA[In its weekly release yesterday, the Energy Information Administration (EIA) reported a less-than-expected 69 billion cubic feet (Bcf) weekly addition to natural gas stockpiles for the week ended September 4. This takes the current storage level to 3.39 trillion cubic feet (Tcf), which is up 17.1% from last year&#8217;s level and 17.4% above the five-year range (as clear from the nearby chart from the EIA). Current stocks are 495 Bcf above last year’s level and 503 Bcf above the five-year average. The inventory addition was higher than last year&#8217;s build of 63 Bcf and the five-year-average injection of 67 Bcf. The relentless increase in gas storage levels continue to add to the long list of issues weighing on the commodity. At this pace, inventories are on course to surpass the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/11/xto-natural-gas-inventories-rise-less-than-expected/14970/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NBR) Nabors Industries- Bear of the Day</title>
		<link>http://www.stockbloghub.com/2009/09/11/nbr-nabors-industries-bear-of-the-day/14943</link>
		<comments>http://www.stockbloghub.com/2009/09/11/nbr-nabors-industries-bear-of-the-day/14943#comments</comments>
		<pubDate>Fri, 11 Sep 2009 16:54:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14943</guid>
		<description><![CDATA[Nabors Industries (NBR) second-quarter earnings of $0.32 per share topped the Zacks Consensus Estimate of $0.28 buoyed by stronger margins associated with new rig deployments in its international operations and solid performance from the Alaska sub-segment. However, results were significantly below year-earlier levels, reflecting a sustained slowdown in North American activity levels. We remain concerned about the North American land drilling scene and its impact on Nabors, the largest onshore driller. This, coupled with the company s relatively weak balance sheet in an environment of continued credit market turmoil, accounts for our Underperform recommendation. Zacks Investment Research View original at: Zacks.com News Feed]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/11/nbr-nabors-industries-bear-of-the-day/14943/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($XTO) Natural Gas Stockpiles Expand</title>
		<link>http://www.stockbloghub.com/2009/09/04/xto-natural-gas-stockpiles-expand/14447</link>
		<comments>http://www.stockbloghub.com/2009/09/04/xto-natural-gas-stockpiles-expand/14447#comments</comments>
		<pubDate>Fri, 04 Sep 2009 23:36:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BJ Services Company]]></category>
		<category><![CDATA[BJS]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[XTO]]></category>
		<category><![CDATA[Xto Energy Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14447</guid>
		<description><![CDATA[Yesterday, in its weekly release, the federal government’s Energy Information Administration (EIA) reported another rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 65 billion cubic feet (Bcf) for the week ended August 28. This takes the current storage level to 3.32 trillion cubic feet (Tcf), which is up 17.3% from last year&#8217;s level and 17.8% above the five-year range (as clear from the nearby chart from the EIA). Current stocks are 489 Bcf above last year and 501 Bcf above the five-year average. The inventory addition was smaller than last year&#8217;s build of 92 Bcf but exceeded the five-year-average injection of 64 Bcf. The relentless increase in gas storage levels continue to add to the long list of issues weighing on ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/04/xto-natural-gas-stockpiles-expand/14447/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NBR) Patterson-UTI Energy Rig Count Edges Up</title>
		<link>http://www.stockbloghub.com/2009/09/04/nbr-patterson-uti-energy-rig-count-edges-up/14461</link>
		<comments>http://www.stockbloghub.com/2009/09/04/nbr-patterson-uti-energy-rig-count-edges-up/14461#comments</comments>
		<pubDate>Fri, 04 Sep 2009 23:14:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=14461</guid>
		<description><![CDATA[Yesterday, one of the largest onshore contract drillers in the U.S., Patterson-UTI Energy, Inc. (PTEN) said its August 2009 drill rig count averaged 72, up from 65 in the previous month. The company operated 69 rigs in the U.S. and 3 in Canada in August, compared to 63 rigs in the U.S. and 2 rigs in Canada during July. Patterson’s activity levels in the U.S. peaked in early October 2008, with a rig count of 275. Since then, the company has witnessed a steep and quick decline on the back of decreased demand largely caused by lower commodity prices for natural gas. Favorable prices over the last few years led to increased natural gas drilling, with the total onshore rig count making a new all-time high in 2008. As a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/09/04/nbr-patterson-uti-energy-rig-count-edges-up/14461/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>($XTO) EIA-Reported Supply Glut Pressuring Natural Gas</title>
		<link>http://www.stockbloghub.com/2009/08/28/xto-eia-reported-supply-glut-pressuring-natural-gas/13790</link>
		<comments>http://www.stockbloghub.com/2009/08/28/xto-eia-reported-supply-glut-pressuring-natural-gas/13790#comments</comments>
		<pubDate>Fri, 28 Aug 2009 23:17:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BJ Services Company]]></category>
		<category><![CDATA[BJS]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[XTO]]></category>
		<category><![CDATA[Xto Energy Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13790</guid>
		<description><![CDATA[In its weekly release yesterday, the Energy Information Administration (EIA) reported a bigger-than-expected 54 billion cubic feet (Bcf) weekly addition to natural gas stockpiles for the week ended August 21. This takes the current storage level to 3.26 trillion cubic feet (Tcf), which is up 18.8% from last year&#8217;s level and 18.1% above the five-year range (as clear from the nearby chart from the EIA). Current stocks are 516 Bcf above this last year and 500 Bcf above the five-year average. The build was smaller than last year&#8217;s 100 Bcf build and the five-year-average injection of 67 Bcf. However, the relentless increase in gas storage levels continue to add to the long list of issues weighing on the commodity. Natural gas prices rallied earlier last year, reaching over $13 per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/28/xto-eia-reported-supply-glut-pressuring-natural-gas/13790/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NBR) Nabors Hurt by North American Drilling Business</title>
		<link>http://www.stockbloghub.com/2009/08/24/nbr-nabors-hurt-by-north-american-drilling-business/13215</link>
		<comments>http://www.stockbloghub.com/2009/08/24/nbr-nabors-hurt-by-north-american-drilling-business/13215#comments</comments>
		<pubDate>Mon, 24 Aug 2009 21:08:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Drilling & Exploration]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13215</guid>
		<description><![CDATA[Our Underperform recommendation for Nabors Industries (NBR) reflects our bearish view of the North American land-drilling scene, which accounts for more than two-thirds of the company’s total contract drilling earnings. The drop-off in drilling activities in response to the combination of commodity-price weakness and credit market tightness is weighing on the fortunes of all oilfield service players in general and land drillers (such as Nabors) in particular. The company did manage to post better-than-expected second-quarter earnings (topping the Zacks Consensus Estimate by 4 cents) on the back of stronger margins associated with new rig deployments in its international operations and solid performance from the Alaska sub-segment. However, results were significantly below year-earlier levels, reflecting a sustained slowdown in North American activity levels. We remain concerned about the North American land-drilling ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/24/nbr-nabors-hurt-by-north-american-drilling-business/13215/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(XTO) Natural Gas Continues to Build</title>
		<link>http://www.stockbloghub.com/2009/08/21/xto-natural-gas-continues-to-build/13073</link>
		<comments>http://www.stockbloghub.com/2009/08/21/xto-natural-gas-continues-to-build/13073#comments</comments>
		<pubDate>Fri, 21 Aug 2009 17:30:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BJ Services Company]]></category>
		<category><![CDATA[BJS]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Nabors Industries Ltd]]></category>
		<category><![CDATA[NBR]]></category>
		<category><![CDATA[XTO]]></category>
		<category><![CDATA[Xto Energy Inc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13073</guid>
		<description><![CDATA[Yesterday, in its weekly report, the Energy Information Administration (EIA) said that natural gas inventories for the latest week came towards the lower end of expectations. Stockpiles held in underground storage in the lower 48 states rose by 52 billion cubic feet (Bcf) to about 3.20 trillion cubic feet (Tcf) for the week ended August 14. The data also showed that inventory levels were 19% above the five-year average of about 2.69 Tcf, and 21% above last year&#8217;s storage level of about 2.64 Tcf (as clear from the following EIA chart). The build was smaller than last year&#8217;s 82 Bcf build and the five-year-average injection of 56 Bcf. However, the relentless increase in gas storage levels continue to add to the long list of issues weighing on the commodity. Natural ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/08/21/xto-natural-gas-continues-to-build/13073/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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