NBR
Price
$87.89
Change
+$3.11 (+3.67%)
Updated
Mar 27, 6:59 PM EST
27 days until earnings call
RIG
Price
$6.26
Change
+$0.15 (+2.45%)
Updated
Mar 27, 6:59 PM EST
32 days until earnings call
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Analysis and predictions NBR vs RIG

Header iconNBR vs RIG Comparison
Open Charts NBR vs RIGBanner chart's image
Nabors Industries
Price$87.89
Change+$3.11 (+3.67%)
Volume$45.72K
CapitalizationN/A
Transocean
Price$6.26
Change+$0.15 (+2.45%)
Volume$5.68M
CapitalizationN/A
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NBR vs RIG Comparison Chart

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NBRDaily Signal changed days agoGain/Loss if shorted
 
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RIGDaily Signal changed days agoGain/Loss if shorted
 
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VS
NBR vs. RIG commentary
Mar 28, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NBR is a Hold and RIG is a Buy.

COMPARISON
Comparison
Mar 28, 2024
Stock price -- (NBR: $87.96 vs. RIG: $6.25)
Brand notoriety: NBR: Not notable vs. RIG: Notable
Both companies represent the Contract Drilling industry
Current volume relative to the 65-day Moving Average: NBR: 67% vs. RIG: 65%
Market capitalization -- NBR: $833.16M vs. RIG: $5.06B
NBR [@Contract Drilling] is valued at $833.16M. RIG’s [@Contract Drilling] market capitalization is $5.06B. The market cap for tickers in the [@Contract Drilling] industry ranges from $6.87B to $0. The average market capitalization across the [@Contract Drilling] industry is $1.84B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NBR’s FA Score shows that 0 FA rating(s) are green whileRIG’s FA Score has 0 green FA rating(s).

  • NBR’s FA Score: 0 green, 5 red.
  • RIG’s FA Score: 0 green, 5 red.
According to our system of comparison, RIG is a better buy in the long-term than NBR.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NBR’s TA Score shows that 5 TA indicator(s) are bullish while RIG’s TA Score has 6 bullish TA indicator(s).

  • NBR’s TA Score: 5 bullish, 4 bearish.
  • RIG’s TA Score: 6 bullish, 4 bearish.
According to our system of comparison, RIG is a better buy in the short-term than NBR.

Price Growth

NBR (@Contract Drilling) experienced а -0.67% price change this week, while RIG (@Contract Drilling) price change was +2.46% for the same time period.

The average weekly price growth across all stocks in the @Contract Drilling industry was -0.04%. For the same industry, the average monthly price growth was +5.21%, and the average quarterly price growth was -9.15%.

Reported Earning Dates

NBR is expected to report earnings on Apr 24, 2024.

RIG is expected to report earnings on Apr 29, 2024.

Industries' Descriptions

@Contract Drilling (-0.04% weekly)

The contract drilling industry includes companies that provide onshore and offshore drilling services to the energy sector. Services are delivered on a contractual or per-fee basis. Customers of this industry include major and independent oil and gas companies. Strong oil demand could potentially boost contract fees. Helmerich & Payne, Inc., Transocean Ltd and Patterson-UTI Energy, Inc. are among the major drilling companies in the U.S.

SUMMARIES
A.I.dvisor published
a Summary for NBR with price predictions.
OPEN
A.I.dvisor published
a Summary for RIG with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
RIG($5.06B) has a higher market cap than NBR($833M). NBR YTD gains are higher at: 7.755 vs. RIG (-1.575). NBR has higher annual earnings (EBITDA): 960M vs. RIG (501M). NBR has more cash in the bank: 1.07B vs. RIG (762M). NBR has less debt than RIG: NBR (3.15B) vs RIG (7.85B). NBR has higher revenues than RIG: NBR (3.01B) vs RIG (2.83B).
NBRRIGNBR / RIG
Capitalization833M5.06B16%
EBITDA960M501M192%
Gain YTD7.755-1.575-492%
P/E RatioN/A18.80-
Revenue3.01B2.83B106%
Total Cash1.07B762M140%
Total Debt3.15B7.85B40%
FUNDAMENTALS RATINGS
NBR vs RIG: Fundamental Ratings
NBR
RIG
OUTLOOK RATING
1..100
1525
VALUATION
overvalued / fair valued / undervalued
1..100
75
Overvalued
73
Overvalued
PROFIT vs RISK RATING
1..100
100100
SMR RATING
1..100
9493
PRICE GROWTH RATING
1..100
5948
P/E GROWTH RATING
1..100
10087
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

RIG's Valuation (73) in the Contract Drilling industry is in the same range as NBR (75). This means that RIG’s stock grew similarly to NBR’s over the last 12 months.

RIG's Profit vs Risk Rating (100) in the Contract Drilling industry is in the same range as NBR (100). This means that RIG’s stock grew similarly to NBR’s over the last 12 months.

RIG's SMR Rating (93) in the Contract Drilling industry is in the same range as NBR (94). This means that RIG’s stock grew similarly to NBR’s over the last 12 months.

RIG's Price Growth Rating (48) in the Contract Drilling industry is in the same range as NBR (59). This means that RIG’s stock grew similarly to NBR’s over the last 12 months.

RIG's P/E Growth Rating (87) in the Contract Drilling industry is in the same range as NBR (100). This means that RIG’s stock grew similarly to NBR’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
NBRRIG
RSI
ODDS (%)
N/A
Bearish Trend 1 day ago
90%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
84%
Bearish Trend 1 day ago
83%
Momentum
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
84%
MACD
ODDS (%)
Bearish Trend 1 day ago
85%
Bullish Trend 1 day ago
73%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
85%
Bullish Trend 1 day ago
82%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
81%
Bullish Trend 1 day ago
82%
Advances
ODDS (%)
Bullish Trend 13 days ago
80%
Bullish Trend 8 days ago
80%
Declines
ODDS (%)
Bearish Trend 23 days ago
83%
Bearish Trend 6 days ago
84%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
84%
Bearish Trend 1 day ago
90%
Aroon
ODDS (%)
Bullish Trend 1 day ago
70%
Bullish Trend 1 day ago
76%
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NBRDaily Signal changed days agoGain/Loss if shorted
 
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RIGDaily Signal changed days agoGain/Loss if shorted
 
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NBR and

Correlation & Price change

A.I.dvisor indicates that over the last year, NBR has been closely correlated with HP. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if NBR jumps, then HP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NBR
1D Price
Change %
NBR100%
+3.82%
HP - NBR
86%
Closely correlated
+2.13%
PTEN - NBR
80%
Closely correlated
+3.08%
PDS - NBR
71%
Closely correlated
+1.49%
RIG - NBR
61%
Loosely correlated
+2.12%
BORR - NBR
60%
Loosely correlated
+3.38%
More

RIG and

Correlation & Price change

A.I.dvisor indicates that over the last year, RIG has been closely correlated with NE. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if RIG jumps, then NE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To RIG
1D Price
Change %
RIG100%
+2.12%
NE - RIG
77%
Closely correlated
+0.84%
NBR - RIG
58%
Loosely correlated
+3.82%
PDS - RIG
58%
Loosely correlated
+1.49%
SDRL - RIG
57%
Loosely correlated
+0.91%
BORR - RIG
57%
Loosely correlated
+3.38%
More