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NBR correlations (Nabors Industries Ltd.)

Every correlation that matters for NBR: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

65.2%

3y weekly

Beta vs S&P 500

0.88

3y weekly

1-year return

+153.3%

price, adjusted

5-year return

+10.3%

price, adjusted

Market cap

$1.4B

latest

P/E ratio

5.9

trailing

Max drawdown

-82.2%

3y, daily closes

NBR over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NBR

Asset		Correlation (3Y)
HP	Helmerich & Payne, Inc.	0.80
HAL	Halliburton	0.78
PTEN	Patterson-UTI Energy, Inc.	0.73
XLE	Energy Select Sector SPDR Fund	0.72
SLB	Schlumberger	0.72

If the goal is offsetting NBR, these tracked assets have historically moved the most on their own terms.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.27
SHY	iShares 1-3 Year Treasury Bond ETF	-0.27
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.24

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/nbr.json

Correlations, diversifiers, beta and volatility for NBR, plus one endpoint per pair. API documentation.