Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

53 Stock and 47 ETF Nabors Industries (NBR) alternatives

The most close Nabors Industries (NBR) alternative is ETF XES (SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF). The correlation is 0.856.

Stocks that highly correlated with NBR

Symbol	Name	Market cap	Sector	Industry	Correlation
PTEN	Patterson-UTI Energy Inc	$4.36B	Energy	Oil & Gas Drilling	0.83
OIS	Oil States International Inc	$505M	Energy	Oil & Gas Equipment & Services	0.82
HLX	Helix Energy Solutions Group Inc	$1.40B	Energy	Oil & Gas Equipment & Services	0.81
HAL	Halliburton Company	$33B	Energy	Oil & Gas Equipment & Services	0.81
RIG	Transocean Ltd	$6.84B	Energy	Oil & Gas Drilling	0.81
BTE	Baytex Energy Corp	$3.54B	Energy	Oil & Gas E&p	0.80
HP	Helmerich & Payne Inc	$3.85B	Energy	Oil & Gas Drilling	0.80
PDS	Precision Drilling Corp	$1.16B	Energy	Oil & Gas Drilling	0.79
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	0.79
SLB	SLB	$84B	Energy	Oil & Gas Equipment & Services	0.77
FET	Forum Energy Technologies Inc	$602M	Energy	Oil & Gas Equipment & Services	0.77
OII	Oceaneering International Inc	$3.86B	Energy	Oil & Gas Equipment & Services	0.77
SSL	Sasol Ltd	$7.68B	Basic Materials	Specialty Chemicals	0.76
WHD	Cactus Inc - Class A	$4.59B	Energy	Oil & Gas Equipment & Services	0.76
MUR	Murphy Oil Corp	$5.11B	Energy	Oil & Gas E&p	0.75
TRGP	Targa Resources Corp	$57B	Energy	Oil & Gas Midstream	0.74
PR	Permian Resources Corp - Class A	$16B	Energy	Oil & Gas E&p	0.74
CVE	Cenovus Energy Inc	$53B	Energy	Oil & Gas Integrated	0.73
BORR	Borr Drilling Ltd	$1.55B	Energy	Oil & Gas Drilling	0.73
KLXE	KLX Energy Services Holdings Inc	$57M	Energy	Oil & Gas Equipment & Services	0.72
APA	APA Corporation	$13B	Energy	Oil & Gas E&p	0.72
BRY	Berry Corp	$253M	Energy	Oil & Gas E&p	0.72
OXY	Occidental Petroleum Corp	$56B	Energy	Oil & Gas E&p	0.71
WES	Western Midstream Partners LP	$18B	Energy	Oil & Gas Midstream	0.71
KRP	Kimbell Royalty Partners LP	$1.45B	Energy	Oil & Gas E&p	0.71
MRC	MRC Global Inc	$1.16B	Energy	Oil & Gas Equipment & Services	0.71
VET	Vermilion Energy Inc	$1.73B	Energy	Oil & Gas E&p	0.70
FANG	Diamondback Energy Inc	$54B	Energy	Oil & Gas E&p	0.70
IMO	Imperial Oil Ltd	$60B	Energy	Oil & Gas Integrated	0.70
MGY	Magnolia Oil & Gas Corp - Class A	$5.05B	Energy	Oil & Gas E&p	0.70
OKE	Oneok Inc	$56B	Energy	Oil & Gas Midstream	0.70
CLB	Core Laboratories Inc	$646M	Energy	Oil & Gas Equipment & Services	0.70
NOV	NOV Inc	$7.29B	Energy	Oil & Gas Equipment & Services	0.69
HT	Hersha Hospitality Trust - Class A	$400M	N/A	N/A	0.69
BKR	Baker Hughes Co - Class A	$51B	Energy	Oil & Gas Equipment & Services	0.69
REI	Ring Energy Inc	$270M	Energy	Oil & Gas E&p	0.69
SNDK	Sandisk Corp	$235B	Technology	Computer Hardware	0.69
VNOM	Viper Energy Inc - Class A	$6.95B	Energy	Oil & Gas Midstream	0.69
PRT	PermRock Royalty Trust	$23M	Energy	Oil & Gas E&p	0.69
PUMP	ProPetro Holding Corp	$1.85B	Energy	Oil & Gas Equipment & Services	0.69
EOG	EOG Resources Inc	$71B	Energy	Oil & Gas E&p	0.69
BRSP	BrightSpire Capital Inc - Class A	$727M	Real Estate	Reit - Mortgage	0.69
SU	Suncor Energy Inc	$76B	Energy	Oil & Gas Integrated	0.69
SM	SM Energy Company	$7.34B	Energy	Oil & Gas E&p	0.69
CNQ	Canadian Natural Resources Ltd	$96B	Energy	Oil & Gas E&p	0.68
LBRT	Liberty Energy Inc - Class A	$4.88B	Energy	Oil & Gas Equipment & Services	0.68
SND	Smart Sand Inc	$193M	Energy	Oil & Gas Equipment & Services	0.68
HXL	Hexcel Corp	$6.70B	Industrials	Aerospace & Defense	0.68
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	0.68
APLE	Apple Hospitality REIT Inc	$3.50B	Real Estate	Reit - Hotel & Motel	0.68
KOS	Kosmos Energy Ltd	$1.35B	Energy	Oil & Gas E&p	0.68
FLOC	Flowco Holdings Inc - Class A	$2.18B	Energy	Oil & Gas Equipment & Services	0.68
NPKI	Newpark Resources Inc	$1.28B	Energy	Oil & Gas Equipment & Services	0.68

ETFs that highly correlated with NBR

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XES	SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF	$566M	0.35%	Jun 19, 2006	0.86
OIH	VANECK OIL SERVICES ETF	$2.50B	0.35%	Dec 20, 2011	0.85
IEZ	ISHARES U.S. OIL EQUIPMENT & SERVICES ETF	$554M	0.38%	May 1, 2006	0.84
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$123M	0.29%	Apr 7, 2010	0.82
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.81
PXJ	INVESCO OIL & GAS SERVICES ETF	$137M	0.63%	Oct 26, 2005	0.81
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$282M	N/A	Nov 6, 2008	0.76
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$624M	0.40%	Nov 1, 2006	0.76
PXI	INVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF	$85M	0.60%	Oct 12, 2006	0.76
DIG	PROSHARES ULTRA ENERGY	$85M	N/A	Jan 30, 2007	0.76
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$302M	N/A	May 28, 2015	0.75
WEEI	Westwood Salient Enhanced Energy Income ETF	$73M	0.85%	Apr 30, 2024	0.75
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$1.20B	0.63%	May 8, 2007	0.75
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$13B	0.09%	Sep 23, 2004	0.74
OILU	Bank of Montreal	$77M	N/A	Nov 8, 2021	0.74
FENY	FIDELITY MSCI ENERGY INDEX ETF	$2B	0.08%	Oct 21, 2013	0.74
IYE	ISHARES U.S. ENERGY ETF	$1.80B	0.38%	Jun 12, 2000	0.73
USL	United States 12 Month Oil Fund LP	$59M	1.01%	Dec 6, 2007	0.73
PEO	Adams Natural Resources Fund Inc	$835M	N/A	N/A	0.73
XLE	THE ENERGY SELECT SECTOR SPDR FUND	$41B	0.08%	Dec 16, 1998	0.72
XOP	SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$3.60B	0.35%	Jun 19, 2006	0.72
SMHB	UBS AG London Branch	$21M	N/A	Nov 8, 2018	0.72
IXC	iShares Global Energy ETF	$2.80B	0.40%	Nov 12, 2001	0.72
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$608M	0.38%	May 1, 2006	0.72
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	0.72
POWR	iShares MSCI Global Energy Producers ETF	$290M	0.40%	Jan 31, 2012	0.72
EMO	ClearBridge Energy Midstream Opportunity Fund Inc	$1.20B	N/A	N/A	0.71
NVIR	HORIZON KINETICS ENERGY AND REMEDIATION ETF	$6.10M	0.85%	Feb 21, 2023	0.71
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$158M	0.60%	Sep 20, 2016	0.71
AMZA	INFRACAP MLP ETF	$464M	1.72%	Oct 1, 2014	0.71
FCG	FIRST TRUST NATURAL GAS ETF	$818M	0.59%	May 8, 2007	0.70
BNO	United States Brent Crude Oil Fund	$879M	1.15%	Jun 2, 2010	0.70
DRLL	STRIVE U.S. ENERGY ETF	$302M	0.41%	Aug 8, 2022	0.70
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$833M	0.39%	Oct 22, 2001	0.70
EQRR	PROSHARES EQUITIES FOR RISING RATES ETF	$45M	0.35%	Jul 24, 2017	0.70
EINC	VANECK ENERGY INCOME ETF	$147M	0.46%	Mar 12, 2012	0.69
UMI	USCF MIDSTREAM ENERGY INCOME FUND	$484M	0.69%	Mar 24, 2021	0.69
USAI	PACER AMERICAN ENERGY INDEPENDENCE ETF	$109M	0.75%	Dec 12, 2017	0.69
MLPX	GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF	$3.50B	0.45%	Aug 6, 2013	0.69
BGR	Blackrock Energy & Resources Trust	$473M	N/A	N/A	0.69
KYN	Kayne Anderson Energy Infrastructure Fund Inc	$2.80B	N/A	N/A	0.69
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$256M	0.69%	Sep 26, 2016	0.68
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$134M	0.61%	Oct 26, 2005	0.68
ENFR	ALERIAN ENERGY INFRASTRUCTURE ETF	$460M	0.35%	Oct 31, 2013	0.68
SRV	NXG Cushing Midstream Energy Fund	$238M	N/A	N/A	0.68
AMLP	ALERIAN MLP ETF	$13B	1.01%	Aug 25, 2010	0.68
RLY	SPDR SSGA MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	0.68