Miller Value PartnersAn investment management company, published its letter as an investor in the first quarter of the “deep strategy”. A copy of the letter can be downloaded here. The year 2025 was unpredictable. After setting new peaks in mid-February, the market experienced a two-digit drop in the end of the quarter, caping a good start of the year. While the administration has implemented the global prices, the feeling quickly deteriorated due to increasing economic uncertainty. During the quarter, the deep value selection strategy had a draw of -12.8% compared to the yield of -.2% for the value index S&P 1500 and the yield of -9.9% for the value index S&P 600. In addition, please consult the five best assets of the fund to find out its best choices in 2025.
In his letter of investors of the first quarter 2025, Miller Value Deep Value Strategy highlighted actions such as Nabors Industries Ltd. (NYSE: NBR). Nabors Industries Ltd. (NYSE: NBR) is a service provider linked to drilling and drilling for offshore oil and natural gas wells. The yield of one month of Nabors Industries Ltd. (NYSE: NBR) was -35.93% and its shares lost 64.60% of their value in the last 52 weeks. On April 22, 2025, the actions of Nabors Industries Ltd. (NYSE: NBR) closed $ 28.37 per share with a market capitalization of 408.633 million dollars.
Miller Value Deep Value Strategy indicated the following concerning Nabors Industries Ltd. (Nyse: nbr) in his letter of investor T1 2025:
“Our two largest detractors during the neighborhood were Gannett (GCI) and Nabors Industries Ltd. (NYSE: NBR), with actions down 43% and 26%, respectively, during the quarter. The share price of the two companies is at thorough prices from our point of view of their long -term fundamental value, and we have recently increased the size of the positions in the two holders.
