Overview Performance Dividends Metrics Financials ETFs Industry Splits Correlations

50 Stock and 50 ETF Nabors Industries (NBR) alternatives

The most close Nabors Industries (NBR) alternative is ETF XES (STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF). The correlation is 0.8567.

Stocks that highly correlated with NBR

Symbol	Name	Market cap	Sector	Industry	Correlation
PTEN	Patterson-UTI Energy Inc	$3.74B	Energy	Oil & Gas Drilling	0.83
OIS	Oil States International Inc	$509M	Energy	Oil & Gas Equipment & Services	0.82
HLX	Helix Energy Solutions Group Inc	$1.39B	Energy	Oil & Gas Equipment & Services	0.82
HAL	Halliburton Company	$30B	Energy	Oil & Gas Equipment & Services	0.81
RIG	Transocean Ltd	$5.76B	Energy	Oil & Gas Drilling	0.81
BTE	Baytex Energy Corp	$3.09B	Energy	Oil & Gas E&p	0.81
HP	Helmerich & Payne Inc	$3.34B	Energy	Oil & Gas Drilling	0.80
PDS	Precision Drilling Corp	$1.06B	Energy	Oil & Gas Drilling	0.79
OVV	Ovintiv Inc	$16B	Energy	Oil & Gas E&p	0.79
SLB	SLB	$71B	Energy	Oil & Gas Equipment & Services	0.78
TMUSL	TMobile US Inc 6.250 Senior Notes due 2069	$27B	N/A	N/A	0.78
FET	Forum Energy Technologies Inc	$588M	Energy	Oil & Gas Equipment & Services	0.77
SSL	Sasol Ltd	$6.67B	Basic Materials	Specialty Chemicals	0.77
OII	Oceaneering International Inc	$4.25B	Energy	Oil & Gas Equipment & Services	0.76
WHD	Cactus Inc - Class A	$4.02B	Energy	Oil & Gas Equipment & Services	0.76
MUR	Murphy Oil Corp	$4.97B	Energy	Oil & Gas E&p	0.76
TRGP	Targa Resources Corp	$60B	Energy	Oil & Gas Midstream	0.74
PR	Permian Resources Corp - Class A	$16B	Energy	Oil & Gas E&p	0.74
CVE	Cenovus Energy Inc	$51B	Energy	Oil & Gas Integrated	0.73
BORR	Borr Drilling Ltd	$1.32B	Energy	Oil & Gas Drilling	0.73
KLXE	KLX Energy Services Holdings Inc	$46M	Energy	Oil & Gas Equipment & Services	0.72
APA	APA Corporation	$12B	Energy	Oil & Gas E&p	0.72
OXY	Occidental Petroleum Corp	$53B	Energy	Oil & Gas E&p	0.72
BRY	Berry Corp	$253M	Energy	Oil & Gas E&p	0.72
WES	Western Midstream Partners LP	$18B	Energy	Oil & Gas Midstream	0.71
FLOC	Flowco Holdings Inc - Class A	$2.18B	Energy	Oil & Gas Equipment & Services	0.71
KRP	Kimbell Royalty Partners LP	$1.46B	Energy	Oil & Gas E&p	0.71
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	0.71
VET	Vermilion Energy Inc	$1.50B	Energy	Oil & Gas E&p	0.71
MRC	MRC Global Inc	$1.16B	Energy	Oil & Gas Equipment & Services	0.71
FANG	Diamondback Energy Inc	$53B	Energy	Oil & Gas E&p	0.70
MGY	Magnolia Oil & Gas Corp - Class A	$4.90B	Energy	Oil & Gas E&p	0.70
CLB	Core Laboratories Inc	$524M	Energy	Oil & Gas Equipment & Services	0.70
IMO	Imperial Oil Ltd	$58B	Energy	Oil & Gas Integrated	0.70
HT	Hersha Hospitality Trust - Class A	$400M	N/A	N/A	0.70
NOV	NOV Inc	$6.99B	Energy	Oil & Gas Equipment & Services	0.70
BKR	Baker Hughes Co - Class A	$46B	Energy	Oil & Gas Equipment & Services	0.70
OKE	Oneok Inc	$57B	Energy	Oil & Gas Midstream	0.70
VNOM	Viper Energy Inc - Class A	$6.95B	Energy	Oil & Gas Midstream	0.69
REI	Ring Energy Inc	$255M	Energy	Oil & Gas E&p	0.69
PUMP	ProPetro Holding Corp	$1.57B	Energy	Oil & Gas Equipment & Services	0.69
SM	SM Energy Company	$7.17B	Energy	Oil & Gas E&p	0.69
SNDK	Sandisk Corp	$239B	Technology	Computer Hardware	0.69
SU	Suncor Energy Inc	$72B	Energy	Oil & Gas Integrated	0.69
EOG	EOG Resources Inc	$73B	Energy	Oil & Gas E&p	0.69
BRSP	BrightSpire Capital Inc - Class A	$684M	Real Estate	Reit - Mortgage	0.69
PRT	PermRock Royalty Trust	$28M	Energy	Oil & Gas E&p	0.68
CNQ	Canadian Natural Resources Ltd	$90B	Energy	Oil & Gas E&p	0.68
LBRT	Liberty Energy Inc - Class A	$4.07B	Energy	Oil & Gas Equipment & Services	0.68
KOS	Kosmos Energy Ltd	$1.17B	Energy	Oil & Gas E&p	0.68

ETFs that highly correlated with NBR

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XES	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EQUIPMENT & SERVICES ETF	$467M	0.35%	Jun 19, 2006	0.86
OIH	VANECK OIL SERVICES ETF	$2B	0.35%	Dec 20, 2011	0.85
IEZ	ISHARES U.S. OIL EQUIPMENT & SERVICES ETF	$377M	0.38%	May 1, 2006	0.84
PSCE	INVESCO S&P SMALLCAP ENERGY ETF	$98M	0.29%	Apr 7, 2010	0.83
PXJ	INVESCO OIL & GAS SERVICES ETF	$75M	0.63%	Oct 26, 2005	0.81
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	0.80
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.78
ERX	DIREXION DAILY ENERGY BULL 2X SHARES	$211M	N/A	Nov 6, 2008	0.76
RSPG	INVESCO S&P 500 EQUAL WEIGHT ENERGY ETF	$533M	0.40%	Nov 1, 2006	0.76
PXI	INVESCO DORSEY WRIGHT ENERGY MOMENTUM ETF	$73M	0.60%	Oct 12, 2006	0.76
DIG	PROSHARES ULTRA ENERGY	$64M	N/A	Jan 30, 2007	0.76
WEEI	Westwood Salient Enhanced Energy Income ETF	$82M	0.85%	Apr 30, 2024	0.76
GUSH	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X SHARES	$194M	N/A	May 28, 2015	0.75
FARX	FRONTIER ASSET ABSOLUTE RETURN ETF	$13M	0.95%	Dec 19, 2024	0.75
FXN	FIRST TRUST ENERGY ALPHADEX FUND	$413M	0.63%	May 8, 2007	0.75
OILU	Bank of Montreal	$48M	N/A	Nov 8, 2021	0.75
IMF	INVESCO MANAGED FUTURES STRATEGY ETF	$301M	0.65%	Mar 17, 2025	0.74
VDE	VANGUARD ENERGY INDEX FUND ETF SHARES	$11B	0.09%	Sep 23, 2004	0.74
FENY	FIDELITY MSCI ENERGY INDEX ETF	$1.70B	0.08%	Oct 21, 2013	0.74
USL	United States 12 Month Oil Fund LP	$41M	1.01%	Dec 6, 2007	0.73
IYE	ISHARES U.S. ENERGY ETF	$1.50B	0.38%	Jun 12, 2000	0.73
XLE	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) ETF	$36B	0.08%	Dec 16, 1998	0.73
PEO	Adams Natural Resources Fund Inc	$762M	N/A	N/A	0.72
XOP	STATE STREET(R) SPDR(R) S&P(R) OIL & GAS EXPLORATION & PRODUCTION ETF	$2.90B	0.35%	Jun 19, 2006	0.72
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	0.72
IXC	ISHARES GLOBAL ENERGY ETF	$2B	0.40%	Nov 12, 2001	0.72
IEO	ISHARES U.S. OIL & GAS EXPLORATION & PRODUCTION ETF	$516M	0.38%	May 1, 2006	0.72
NVIR	HORIZON KINETICS ENERGY AND REMEDIATION ETF	$5.80M	0.85%	Feb 21, 2023	0.72
POWR	ISHARES U.S. POWER INFRASTRUCTURE ETF	$420M	0.40%	Jan 31, 2012	0.72
NML	Neuberger Berman Energy Infrastructure and Income Fund Inc	$671M	N/A	N/A	0.72
SMHB	UBS AG London Branch	$21M	N/A	Nov 8, 2018	0.71
EMO	ClearBridge Energy Midstream Opportunity Fund Inc	$1.10B	N/A	N/A	0.71
FTXN	FIRST TRUST NASDAQ OIL & GAS ETF	$181M	0.60%	Sep 20, 2016	0.71
FCG	FIRST TRUST NATURAL GAS ETF	$590M	0.59%	May 8, 2007	0.71
AMZA	INFRACAP MLP ETF	$444M	1.72%	Oct 1, 2014	0.70
DRLL	STRIVE U.S. ENERGY ETF	$261M	0.41%	Aug 8, 2022	0.70
BNO	United States Brent Crude Oil Fund	$544M	1.15%	Jun 2, 2010	0.70
IGE	ISHARES NORTH AMERICAN NATURAL RESOURCES ETF	$708M	0.39%	Oct 22, 2001	0.70
EINC	VANECK ENERGY INCOME ETF	$109M	0.46%	Mar 12, 2012	0.69
MLPX	GLOBAL X MLP & ENERGY INFRASTRUCTURE ETF	$3.50B	0.45%	Aug 6, 2013	0.69
UMI	USCF MIDSTREAM ENERGY INCOME FUND	$485M	0.69%	Mar 24, 2021	0.69
USAI	PACER AMERICAN ENERGY INDEPENDENCE ETF	$111M	0.75%	Dec 12, 2017	0.69
EQRR	PROSHARES EQUITIES FOR RISING RATES ETF	$38M	0.35%	Jul 24, 2017	0.69
BGR	Blackrock Energy & Resources Trust	$418M	N/A	N/A	0.69
OILK	PROSHARES K-1 FREE CRUDE OIL STRATEGY ETF	$221M	0.69%	Sep 26, 2016	0.69
PXE	INVESCO ENERGY EXPLORATION & PRODUCTION ETF	$79M	0.61%	Oct 26, 2005	0.69
KYN	Kayne Anderson Energy Infrastructure Fund Inc	$2.70B	N/A	N/A	0.68
ENFR	ALERIAN ENERGY INFRASTRUCTURE ETF	$468M	0.35%	Oct 31, 2013	0.68
SRV	NXG Cushing Midstream Energy Fund	$231M	N/A	N/A	0.68
RLY	STATE STREET(R) MULTI-ASSET REAL RETURN ETF	$1.20B	0.50%	Apr 25, 2012	0.68