Nabors $7.2 Billion Takeover Seen With Surging Options

Nabors $7.2 Billion Takeover Seen With Surging Options

Nabors, which lost $2.4 billion in value in the past six months as delays in equipment deliveries and upgrades of rigs in Saudi Arabia cut profitability, is now cheaper than 97 percent of oil and gas services companies versus sales, according to data. Photographer Diego Giudice/Bloomberg