Nabors Responds to Market Conditions
Nabors Industries Ltd. announced today it is taking several actions in light of current market conditions, which have arisen from the combination of the COVID-19 outbreak and the ongoing dispute between two of the largest oil exporters. Anthony G. Petrello, Nabors’ Chairman, CEO and President, commented, “The safety of our …
Nabors Announces Second Quarter 2019 Results
Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2019 operating revenue of $771 million, compared to operating revenue of $800 million in the first quarter. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $208 million, or $0.61 per …
Nabors: Announces First Quarter 2019 Results
Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported first quarter 2019 operating revenue of $800 million, compared to operating revenue of $782 million in the fourth quarter of 2018. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $122 million, or …
Nabors Announces Fourth Quarter Results
Fourth Quarter Highlights: – Net debt decreased by $245 million – U.S. Lower 48 daily margin increased by $700 to over $9,400 – Nabors Drilling Solutions EBITDA increased by 43% to $23 million Nabors Industries Ltd. today reported fourth quarter 2018 operating revenues of $782 million, compared to operating revenues …