Latest news with #EddieKim
Business Insider
11-07-2025
- Business
- Business Insider
Noble (85V1) Receives a Buy from Barclays
Barclays analyst Eddie Kim maintained a Buy rating on Noble today and set a price target of $30.00. The company's shares closed yesterday at €25.55. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Kim covers the Energy sector, focusing on stocks such as Helmerich & Payne, Patterson-UTI, and Propetro Holding. According to TipRanks, Kim has an average return of -0.6% and a 45.57% success rate on recommended stocks. Currently, the analyst consensus on Noble is a Moderate Buy with an average price target of €25.98. The company has a one-year high of €42.05 and a one-year low of €15.30. Currently, Noble has an average volume of 676.
Business Insider
20-06-2025
- Business
- Business Insider
Barclays Remains a Hold on Helmerich & Payne (HP)
Barclays analyst Eddie Kim maintained a Hold rating on Helmerich & Payne (HP – Research Report) on June 18 and set a price target of $17.00. The company's shares closed last Wednesday at $17.38. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Kim covers the Energy sector, focusing on stocks such as Helmerich & Payne, Valaris, and Transocean. According to TipRanks, Kim has an average return of 0.0% and a 45.45% success rate on recommended stocks. Currently, the analyst consensus on Helmerich & Payne is a Hold with an average price target of $23.25. Based on Helmerich & Payne's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.02 billion and a net profit of $1.65 million. In comparison, last year the company earned a revenue of $687.94 million and had a net profit of $84.83 million
Yahoo
22-05-2025
- Business
- Yahoo
Nabors Industries (NBR) Fell by Almost 15% This Week. Here is Why.
The share price of Nabors Industries Ltd. (NYSE:NBR) fell by 14.91% between May 13 and May 20, 2025, putting it among the . Let's shed some light on the development. A drilling rig on a large oil field, capturing a crucial moment of the extraction process. With operations in approximately 20 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry. Nabors Industries Ltd. (NYSE:NBR) suffered a setback this week after Barclays analyst Eddie Kim downgraded the stock from Equal Weight to Underweight and almost halved its price target from $53 to $28. The analyst expects Nabors to witness outsized activity and pricing declines in the lower 48 states and select international markets over the next year, as a result of the tough macroenvironment amid declining crude oil prices and a weak demand outlook. While the SANAD joint venture with Saudi Aramco is viewed as a potential growth area for the company, there are concerns about the venture's financial sustainability. That said, Nabors Industries Ltd. (NYSE:NBR) beat forecasts in both earnings and revenue in its Q1 2025 results reported last month. The company also completed the acquisition of Parker Wellbore in March, bolstering its portfolio with complementary businesses. While we acknowledge the potential of NBR to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NBR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
Nabors Industries (NBR) Fell by Almost 15% This Week. Here is Why.
The share price of Nabors Industries Ltd. (NYSE:NBR) fell by 14.91% between May 13 and May 20, 2025, putting it among the . Let's shed some light on the development. A drilling rig on a large oil field, capturing a crucial moment of the extraction process. With operations in approximately 20 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry. Nabors Industries Ltd. (NYSE:NBR) suffered a setback this week after Barclays analyst Eddie Kim downgraded the stock from Equal Weight to Underweight and almost halved its price target from $53 to $28. The analyst expects Nabors to witness outsized activity and pricing declines in the lower 48 states and select international markets over the next year, as a result of the tough macroenvironment amid declining crude oil prices and a weak demand outlook. While the SANAD joint venture with Saudi Aramco is viewed as a potential growth area for the company, there are concerns about the venture's financial sustainability. That said, Nabors Industries Ltd. (NYSE:NBR) beat forecasts in both earnings and revenue in its Q1 2025 results reported last month. The company also completed the acquisition of Parker Wellbore in March, bolstering its portfolio with complementary businesses. While we acknowledge the potential of NBR to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NBR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Nabors Industries (NBR) Downgraded at Barclays
The stock of Nabors Industries Ltd. (NYSE:NBR) was recently downgraded by analysts at Barclays. Let's shed some light on the development. A drilling rig on a large oil field, capturing a crucial moment of the extraction process. With operations in approximately 20 countries, Nabors Industries Ltd. (NYSE:NBR) is a leading provider of advanced technology for the energy industry. On May 19, 2025, Barclays analyst Eddie Kim downgraded Nabors Industries Ltd. (NYSE:NBR) to Underweight from Equal Weight, reducing its price target significantly from $53 to $28. According to the analyst, Nabors will see outsized activity and pricing declines in the lower 48 states and select international markets over the next year, as a result of the tough macroenvironment amid plunging crude oil prices and a bleak demand outlook. While the SANAD joint venture with Saudi Aramco is viewed as a potential growth area for Nabors, there are concerns about the venture's financial sustainability. That said, Nabors Industries Ltd. (NYSE:NBR) reported better-than-expected results for its Q1 2025 last month, posting a net income of $33 million, a significant turnaround from the previous quarter's net loss. The company's revenue of $736 million was also slightly up from the previous quarter. Nabors also completed the acquisition of Parker Wellbore in March, bolstering its portfolio with complementary businesses. While we acknowledge the potential of NBR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NBR and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks According to Hedge Funds. Disclosure: None. Sign in to access your portfolio
