Nabors Industries Ltd. (N:NBR)
Business Focus: Oil & Gas Drilling
Apr 24, 2024 04:15 pm ET
Nabors Announces First Quarter 2024 Results
HAMILTON, Bermuda, April 24, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2024 operating revenues of $734 million, compared to operating revenues of $726 million in the fourth quarter of 2023. The net loss attributable to Nabors shareholders for the quarter was $34 million, compared to a net loss of $17 million in the fourth quarter. This equates to a loss of $4.54 per diluted share, compared to a loss per diluted share of $2.70 in the fourth quarter. The first quarter results included a gain, related to mark-to-market treat
Apr 03, 2024 04:15 pm ET
Nabors Industries Ltd. 1st Quarter 2024 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 3, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday, April 25, 2024 at 12:00 p.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2024. Nabors will release earnings after the market closes on April 24, 2024.
Feb 06, 2024 03:15 pm ET
Nabors Announces Fourth Quarter 2023 Results
HAMILTON, Bermuda, Feb. 6, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2023 operating revenues of $726 million, compared to operating revenues of $734 million in the third quarter. The net loss attributable to Nabors shareholders for the quarter was $17 million, compared to a net loss of $49 million in the third quarter. This equates to a loss of $2.70 per diluted share, compared to a loss per diluted share of $6.26 in the third quarter. The fourth quarter results included a gain, related to mark-to-market treatment of Nab
Jan 11, 2024 09:00 am ET
SLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation Solutions
SLB (NYSE: SLB) and Nabors Industries (NYSE: NBR, “Nabors”) today announced a collaboration to scale the adoption of automated drilling solutions for oil and gas operators and drilling contractors. The agreement will enable customers to seamlessly integrate the companies’ drilling automation applications and rig operating systems to deliver improved well construction performance and efficiency.
Jan 03, 2024 03:05 pm ET
Nabors Industries Ltd. Fourth Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda, Jan. 3, 2024 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, February 7, 2024 at 10:00 a.m. Central Time for a discussion of operating results for the fourth quarter ended December 31, 2023. Nabors will release earnings after the market closes on February 6, 2024.
Dec 19, 2023 06:01 am ET
Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date
Welcomes Vast to its Portfolio of Clean, Renewable, Scalable, Dispatchable Energy Technology InvestmentsHAMILTON, Bermuda, Dec. 19, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR, "Nabors") issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation ("NETC"), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited ("Vast"). The combined company now trades on the NASDAQ exchange under the ticker symbol
Nov 15, 2023 09:46 pm ET
Nabors Prices $650 Million in Senior Priority Guaranteed Notes
HAMILTON, Bermuda, Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII") has priced $650 million in aggregate principal amount of senior priority guaranteed notes due 2030 (the "Notes") in the offering it announced earlier today. The Notes will bear interest at an annual rate of 9.125% and are being offered to investors at an initial price of 100% of par. The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries consisting of Nabors Drilling Holdings Inc
Nov 15, 2023 06:16 am ET
Nabors Announces Offering of $550 Million Senior Priority Guaranteed Notes
HAMILTON, Bermuda, Nov. 15, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commenced an offering of $550 million senior priority guaranteed notes due 2030 (the "Notes"). The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries which also guarantee the Existing Senior Priority Guaranteed Notes (as defined below).
Oct 25, 2023 05:14 pm ET
Nabors Announces Third Quarter 2023 Results
HAMILTON, Bermuda, Oct. 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2023 operating revenues of $734 million, compared to operating revenues of $767 million in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $49 million, compared to net income of $5 million in the second quarter. This equates to a loss of $6.26 per diluted share, compared to a loss per diluted share of $0.31 in the second quarter. The third quarter results included a charge, related to mark-to-market treatment of
Oct 06, 2023 05:23 pm ET
Nabors Industries Ltd. Third Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda, Oct. 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday October 26, 2023 at 1:00 p.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2023. Nabors will release earnings after the market closes on October 25, 2023.
Jul 25, 2023 04:15 pm ET
Nabors Announces Second Quarter 2023 Results
HAMILTON, Bermuda, July 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to operating revenues of $779 million in the first quarter. The net income attributable to Nabors shareholders for the quarter was $5 million, compared to $49 million in the first quarter. This equates to a loss of $0.31 per diluted share, compared to earnings per diluted share of $4.11 in the first quarter. The second quarter results included a gain, related to mark-to-market treatment of Nabors warran
Jul 11, 2023 04:15 pm ET
Nabors Industries Ltd. Second Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 11, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday July 26, 2023 at 10:00 a.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2023. Nabors will release earnings after the market closes on July 25, 2023.
Jun 22, 2023 09:00 am ET
Nabors Announces Filing of SPAC Registration Statement
HAMILTON, Bermuda, June 22, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced today that Nabors Energy Transition Corp. II ("NETD"), a newly formed special purpose acquisition company and an affiliate of Nabors, has filed a registration statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission (the "SEC") in connection with a proposed initial public offering of its units. NETD intends to list its units on the Nasdaq Global Market under
Jun 19, 2023 08:45 am ET
Halliburton and Nabors Industries Collaborate on Leading Well Construction Automation
Halliburton Company (NYSE: HAL) and Nabors Industries (NYSE: NBR, “Nabors”) today announced an agreement on leading well construction automation solutions. Under the agreement, Halliburton and Nabors will collaborate together on their technologies including the Halliburton Well Construction 4.0 digital surface and subsurface drilling technologies, the LOGIX® Autonomous Drilling Platform, and the Nabors
Apr 26, 2023 03:12 pm ET
GA Drilling Successfully Tests Breakthrough Technology for Deep Geothermal Drilling
GA Drilling, a.s. ("GA Drilling") conducted the first public demonstration of its new deep drilling tool, ANCHORBIT®. GA Drilling developed the tool to materially cut the cost of deep geothermal drilling by doubling the drilling speed and extending the drillbit lifetime in hard and abrasive formations.
Apr 24, 2023 04:15 pm ET
Nabors Announces First Quarter 2023 Results
HAMILTON, Bermuda, April 24, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2023 operating revenues of $779 million, an increase of 2.5%, compared to operating revenues of $760 million in the fourth quarter of 2022. The net income attributable to Nabors shareholders for the quarter was $49 million, or $4.11 per diluted share. This compares to a loss of $69 million, or $7.87 per diluted share, in the fourth quarter. The first quarter results included a gain, related to mark-to-market treatment of Nabors warrants, of $34 million
Apr 20, 2023 07:01 am ET
Nabors Industries Forms Strategic Alliance with Corva to Accelerate Digital Transformation of the Global Drilling Industry
Nabors connects Corva to its universal rig controls and automation platform, SmartROS™Apps built and developed in Corva can monitor and control any rig equipped with SmartROS™Enables exploration and production (E&P) companies to standardize their automation technology stack fleetwide, regardless of rig manufacturerEmpowers all drilling contractors to offer capital-light automation solutions, grow revenues and add value to customersHOUSTON and HAMILTON, Bermuda, April 20, 2023 /PRNewswire/ -- Corva and Nabors Industries (NYSE: NBR, "Nabors") today announced a strategic technology partners
Apr 06, 2023 04:15 pm ET
Nabors Industries Ltd. First Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairperson and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Tuesday April 25, 2023 at 1:00 p.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2023. Nabors will release earnings after the market closes on Monday April 24th, 2023.
Feb 14, 2023 05:35 am ET
Nabors Industries Issues Statement on Planned Business Combination Between Nabors Energy Transition Corporation and Vast
"Energy Without Compromise" Vision to Guide Energy Transition Strategy
Feb 09, 2023 11:24 pm ET
Nabors Announces Pricing of its Offering of $225,000,000 Exchangeable Senior Unsecured Notes
HAMILTON, Bermuda, Feb. 10, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has priced $225,000,000 in aggregate principal amount of its 1.750% exchangeable senior unsecured notes due 2029 (the "notes"), through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be fully and unconditionally guaranteed by Nabors. The offering of the notes is expected to
Feb 09, 2023 03:21 pm ET
Nabors Announces Offering of its $200,000,000 Exchangeable Senior Unsecured Notes
HAMILTON, Bermuda, Feb. 9, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has commenced an offering of $200,000,000 aggregate principal amount of exchangeable senior unsecured notes due 2029 (the "notes"), subject to market and other conditions, through a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be fully and unconditionally guaranteed by Nabor
Feb 07, 2023 03:15 pm ET
Nabors Announces Fourth Quarter 2022 Results
HAMILTON, Bermuda, Feb. 7, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2022 operating revenues of $760 million, an increase of approximately 10%, compared to operating revenues of $694 million in the third quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $69 million, or $7.87 per share. This compares to a loss of $14 million, or $1.80 per share, in the third quarter. The fourth quarter results included a non-cash charge of $36 million, or $3.98 per share, related to mark-to-market treat
Jan 11, 2023 03:15 pm ET
Nabors Industries Ltd. Fourth Quarter 2022 Earnings Conference Call Invitation
HAMILTON, Bermuda, Jan. 11, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairperson and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, February 08, 2023 at 1:00 p.m. Central Standard Time for a discussion of operating results for the fourth quarter ended December 31, 2022. Nabors will release earnings after the market closes on Tuesday, February 07, 2023.
Dec 21, 2022 03:15 pm ET
Nabors Wins S&P Global Energy Award, Capping a Year of Significant Energy Transition Achievements
HAMILTON, Bermuda, Dec. 21, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) was awarded the Energy Transition Award – Upstream at the 24th Annual Platts Global Energy Awards gala on December 8. Nabors was one of seven finalists in the category.
Nov 16, 2022 06:01 am ET
Nabors Marks Major Industry Milestone: Fully Automates Existing Land Rig with First-of-its-Kind Robotics Module
Retrofit existing drilling rigs with the new Red Zone Robotics (RZR) Rig Floor Module to automate the rig floor RZR increases safety and consistency with uncompromised performanceNabors' RZR equipped rig has successfully drilled multiple horizontal wells in the Permian BasinHAMILTON, Bermuda, Nov. 16, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) announced today the launch of its Canrig Red Zone Robotics (RZR) Rig Floor Module, a modular rig upgrade that automates routine drilling activities.
Oct 25, 2022 04:15 pm ET
Nabors Announces Third Quarter 2022 Results
HAMILTON, Bermuda, Oct. 25, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of approximately 10%, compared to operating revenues of $631 million in the second quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $14 million, or $1.80 per share. This compares to a loss of $83 million, or $9.41 per share, in the second quarter. The third quarter results included a non-cash gain of $34 million, or $3.74 per share, related to mark-to-market treatm
Sep 29, 2022 04:15 pm ET
Nabors Industries Ltd. Third Quarter 2022 Earnings Conference Call Invitation
HAMILTON, Bermuda, Sept. 29, 2022 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairperson and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, October 26, 2022 at 1:00 p.m. Central Daylight Time for a discussion of operating results for the third quarter ended September 30, 2022. Nabors will release earnings after the market closes on Tuesday, October 25, 2022.
Aug 03, 2022 04:15 pm ET
Nabors Announces Second Quarter 2022 Results
HAMILTON, Bermuda, Aug. 3, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2022 operating revenues of $631 million, an increase of approximately 11%, compared to operating revenues of $569 million in the first quarter of 2022. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $83 million, or $9.41 per share. This compares to a loss of $184 million, or $22.51 per share, in the first quarter. The second quarter results included a non-cash charge of $22 million, or $2.42 per share, re
Jul 21, 2022 07:01 am ET
Nabors Announces Investment in Natron Energy
Provides $7 million to scale up production capacity for pioneering sodium-ion battery developer to tap emerging oilfield carbon reduction market
Jun 28, 2022 01:09 pm ET
EnerCom Announces Preliminary Presentation Times and Schedule for Participating Companies at EnerCom Denver - The Energy Investment Conference Hosted in Denver, August 7-10, 2022
Registration is Open Now for EnerCom Denver with One-on-One Meeting Requests Opening for Qualified Investors on July 1st
Apr 27, 2022 03:43 pm ET
Nabors Announces First Quarter 2022 Results
HAMILTON, Bermuda, April 27, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2022 operating revenues of $569 million, an increase of approximately 5%, compared to operating revenues of $544 million in the fourth quarter of 2021. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $184 million, or $22.51 per share. This compares to a loss of $114 million, or $14.60 per share in the prior quarter. The first quarter results include a non-cash charge of $72 million, or $8.63 per share, re
Apr 07, 2022 05:03 pm ET
Nabors Industries Ltd. First Quarter 2022 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 7, 2022 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairperson and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday, April 28th, 2022 at 12:00 p.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2022. Nabors will release earnings after the market closes on Wednesday April 27th, 2022.
Mar 30, 2022 04:01 am ET
Nabors Invests in Ultra-Deep Geothermal Drilling Technology Innovator, GA Drilling
The integration of GA Drilling PLASMABIT® technology with Nabors' industry-leading drilling operations is another bold step toward unlocking geothermal anywhere
Mar 28, 2022 07:00 am ET
Nabors Industries Announces Notice to Warrant Holders
HAMILTON, Bermuda, March 28, 2022 /PRNewswire/ -- On June 11, 2021, Nabors Industries Ltd. ("Nabors") (NYSE: NBR) issued Warrants ("Warrants") to all holders of Nabors' common shares ("Common Shares") to purchase Common Shares pursuant to a Warrant Agreement (the "Warrant Agreement") dated as of June 10, 2021 between Nabors and Computershare Trust Company, N.A.
Feb 17, 2022 03:15 pm ET
Nabors Industries Announces Notice to Warrant Holders
HAMILTON, Bermuda, Feb. 17, 2022 /PRNewswire/ -- On June 11, 2021, Nabors Industries Ltd. ("Nabors") (NYSE: NBR) issued Warrants ("Warrants") to all holders of Nabors' common shares ("Common Shares") to purchase Common Shares pursuant to a Warrant Agreement (the "Warrant Agreement") dated as of June 10, 2021 between Nabors and Computershare Trust Company, N.A.
Feb 08, 2022 03:15 pm ET
Nabors Announces Fourth Quarter 2021 Results
HAMILTON, Bermuda, Feb. 8, 2022 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2021 operating revenues of $544 million, compared to operating revenues of $524 million in the third quarter of 2021. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $114 million, or $14.60 per share. This compares to a loss of $122 million, or $15.79 per share in the prior quarter. Fourth quarter adjusted EBITDA was $132 million compared to $125 million in the third quarter.
Feb 04, 2022 10:07 am ET
EnerCom and Colorado School of Mines Announce Keynote Panels, Presentations and Participating Companies for The Energy Venture Investment Summit, February 16 & 17, 2022
DENVER, Feb. 4, 2022 /PRNewswire/ -- EnerCom, Inc., a nationally-recognized management consultancy, and Colorado School of Mines, a leading public research university focused on science and engineering, announced its Keynote speakers and presenting company line-up for The Energy Venture Investment Summit presented by Colorado School of Mines and EnerCom, in-person and on campus in Golden, Colorado, on Wednesday, February 16th & Thursday, February 17th, 2022.
Jan 12, 2022 04:19 pm ET
Nabors Industries Ltd. Fourth Quarter 2021 Earnings Conference Call Invitation
HAMILTON, Bermuda, Jan. 12, 2022 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, February 9th at 1:00 p.m. Central Time for a discussion of operating results for the fourth quarter ended December 31, 2021. Nabors will release earnings after the market closes on Tuesday, February 8th.
Dec 02, 2021 06:01 am ET
Nabors Industries Announces Energy Transition Initiatives
HAMILTON, Bermuda, Dec. 2, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, today announced elements of its energy transition strategy.
Nov 18, 2021 05:37 pm ET
Nabors Prices $700 million in Senior Priority Guaranteed Notes Offering
HAMILTON, Bermuda, Nov. 18, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII") has priced $700 million in aggregate principal amount of senior priority guaranteed notes due 2027 (the "Notes") in the offering it announced earlier today. The Notes will bear interest at an annual rate of 7.375% and are being offered to investors at an initial price of 100% of par. The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries consisting of Nabors Drilling Holdings Inc
Nov 18, 2021 06:58 am ET
Nabors Announces Offering of $700 million Senior Priority Guaranteed Notes
HAMILTON, Bermuda, Nov. 18, 2021 /PRNewswire/-- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commenced an offering of $700 million senior priority guaranteed notes due 2027 (the "Notes"). The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries who also guarantee the Existing Senior Priority Guaranteed Notes (as defined below).
Oct 28, 2021 07:01 am ET
Chesapeake Energy Corporation Selects Nabors Industries as Preferred Drilling Contractor
OKLAHOMA CITY and HAMILTON, Bermuda, Oct. 28, 2021 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) and Nabors Industries Ltd. (NYSE: NBR) today announced they will enter into a contractual agreement, establishing Nabors as the new preferred drilling contractor for Chesapeake across its unconventional oil and natural gas assets in the United States.
Oct 26, 2021 04:15 pm ET
Nabors Announces Third Quarter 2021 Results
HAMILTON, Bermuda, Oct. 26, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2021 operating revenues of $524 million, compared to operating revenues of $489 million in the second quarter of 2021. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $122 million, or $15.79 per share. The third quarter included a $13 million after tax expense, or $1.63 per share, related to the purchase of technology in the energy transition space. This compares to a loss of $196 million, or $26.59 per sh
Oct 07, 2021 07:01 am ET
Nabors Announces World's First Fully Automated Land Rig Has Successfully Drilled Its First Well
HAMILTON, Bermuda, Oct. 7, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR), a leading provider of advanced technology for the global energy industry, today announced its PACE®-R801 – the world's first fully automated land drilling rig – has reached total depth on its first well, a horizontal well for ExxonMobil in the Permian Basin.
Sep 30, 2021 04:00 pm ET
Nabors Industries Ltd. Third Quarter 2021 Earnings Conference Call Invitation
HAMILTON, Bermuda, Sept. 30, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, October 27th at 11:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2021. Nabors will release earnings after the market closes on October 26, 2021.
Sep 16, 2021 07:00 am ET
Nabors Reiterates Third Quarter 2021 Outlook and Announces Repayment of 4.625% Senior Notes
HAMILTON, Bermuda, Sept. 16, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reiterated its financial outlook for the third quarter of 2021. The Company published the original outlook in the July press release detailing results for second quarter of 2021.
Jul 27, 2021 04:10 pm ET
Nabors Announces Second Quarter 2021 Results
HAMILTON, Bermuda, July 27, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2021 operating revenues of $489 million, compared to operating revenues of $461 million in the first quarter of 2021. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $196 million, or $26.59 per share. The second quarter results included charges of $81 million comprised mainly of an impairment of assets in Canada, related to the pending sale of our Canada drilling rigs, and a tax reserve for conting
Jul 07, 2021 05:53 pm ET
Nabors Industries Ltd. Second Quarter 2021 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 7, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, July 28th at 10:00 a.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2021. Nabors will release earnings after the market closes on July 27, 2021.
Jun 08, 2021 07:00 am ET
Nabors Announces Filing of SPAC Registration Statement
HAMILTON, Bermuda, June 8, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR), a leading provider of advanced technology for the global energy industry, announced today that Nabors Energy Transition Corp. ("NETC"), a newly formed special purpose acquisition company and an affiliate of Nabors, has filed a Registration Statement on Form S-1 (the "Registration Statement") with the Securities and Exchange Commission ("SEC") in connection with a proposed initial public offering of its units. NETC intends to list its units on the New York Stock Exchange under the s
Feb 23, 2021 03:43 pm ET
Nabors Announces Fourth Quarter 2020 Results
HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2020 operating revenues of $443 million, compared to operating revenues of $438 million in the third quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $112 million, or $16.46 per share. The fourth quarter included $162 million of pretax gains from debt exchanges and repurchases, partially offset by charges of $71 million mainly from asset impairments, for a net after-tax gain of $52
Feb 16, 2021 07:12 pm ET
Nabors Industries Ltd. to Reschedule Fourth Quarter 2020 Earnings Release and Conference Call
HAMILTON, Bermuda, Feb. 16, 2021 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) Due to severe weather conditions and related power outages, and to assure the safety of our Houston-area employees, Nabors has postponed its fourth quarter 2020 earnings release and conference call. The conference call will now be held on Wednesday, February 24, 2021 at 1:00 pm Central Time. Nabors will release earnings after the equity market closes on Tuesday, February 23, 2021.
Jan 29, 2021 03:33 pm ET
Nabors Industries Ltd Fourth Quarter 2020 Earnings Conference Call Invitation
HAMILTON, Bermuda, Jan. 29, 2021 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday February 18th at 1:00 p.m. Central Time for a discussion of operating results for the fourth quarter ended December 31st 2020. Nabors will release earnings on Wednesday, February 17, 2021.
Nov 30, 2020 06:00 am ET
Nabors Announces Expiration and Final Results of Exchange Offers
HAMILTON, Bermuda, Nov. 30, 2020 /PRNewswire/ -- Nabors Industries, Inc. ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR), today announced the final results of its offers to all Eligible Holders (as defined below) to exchange (the "Exchange Offers") (x) certain aggregate principal amounts of the Company's (i) 4.625% Senior Notes due 2021, (ii) 5.50% Senior Notes due 2023, (iii) 5.10% Senior Notes due 2023, (iv) 5.75% Senior Notes due 2025, and (v) 0.75% Senior Exchangeable Notes due 2024 and (y) certain aggregate principal amounts of Par
Nov 13, 2020 07:49 am ET
Nabors Announces Early Results and Extension of Early Participation Date with Respect to Certain Exchange Offers
HAMILTON, Bermuda, Nov. 13, 2020 /PRNewswire/ -- Nabors Industries, Inc. ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR) today announced the early results of its previously announced offers to all Eligible Holders (as defined below) to exchange (the "Exchange Offers") (x) certain aggregate principal amounts of the Company's (i) 4.625% Senior Notes due 2021, (ii) 5.50% Senior Notes due 2023, (iii) 5.10% Senior Notes due 2023, (iv) 5.75% Senior Notes due 2025, (v) 0.75% Senior Exchangeable Notes due 2024 and (y) certain aggregate princ
Nov 03, 2020 03:24 pm ET
Nabors Announces Third Quarter 2020 Results
HAMILTON, Bermuda, Nov. 3, 2020 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2020 operating revenues of $438 million, compared to operating revenues of $534 million in the second quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $161 million, or $23.42 per share, compared to a loss of $152 million, or $22.13 per share in the prior quarter. After-tax charges in the third quarter totaled $4 million, or $0.61 per share, primarily related to severance costs. In the
Oct 29, 2020 10:43 pm ET
Nabors Announces Commencement of Exchange Offers and Completion of Private Exchange Transaction
HAMILTON, Bermuda, Oct. 29, 2020 /PRNewswire/ -- Nabors Industries, Inc. ("Nabors" or the "Company"), a wholly-owned subsidiary of Nabors Industries Ltd. ("Parent") (NYSE: NBR) today announced that it has commenced offers to all Eligible Holders (as defined below) to exchange (the "Exchange Offers") certain aggregate principal amounts of the outstanding notes listed in the table below (together, the "Old Notes") for up to $300 million aggregate principal amount of newly issued 9.00% senior priority guaranteed notes due 2025 (the "New Notes"), in each case upon the terms and subject to the co
Oct 27, 2020 04:30 pm ET
Nabors Industries Ltd. Rescheduled Third Quarter 2020 Earnings Conference Call Invitation
HAMILTON, Bermuda, Oct. 27, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) Due to scheduling conflicts, Nabors has rescheduled its third quarter 2020 earnings release and conference call. The call will now be held on Wednesday, November 4, 2020 at 1:00 pm Central Time. Nabors will release earnings after the equity markets close on Tuesday, November 3, 2020.
Oct 13, 2020 05:48 pm ET
Nabors Industries Ltd. Third Quarter 2020 Earnings Conference Call Invitation
HAMILTON, Bermuda, Oct. 13, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday, October 29th at 1:00 p.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2020. Nabors will release earnings before the market opens on October 29, 2020.
Jul 28, 2020 04:15 pm ET
Nabors Announces Preliminary Second Quarter 2020 Results
HAMILTON, Bermuda, July 28, 2020 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2020 operating revenues of $534 million compared to operating revenues of $718 million in the first quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter is expected to be $152 million, or $22.13 per share, compared to a loss of $395 million, or $56.72 per share in the prior quarter. After-tax charges in the second quarter are expected to be $54 million, or $7.68 per share, primarily relate
Jul 15, 2020 09:31 am ET
Thinking about trading options or stock in Nabors Industries, Nio Inc, United Airlines, Royal Caribbean Cruises, or Solaredge Technologies?
NEW YORK, July 15, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NBR, NIO, UAL, RCL, and SEDG.
Jul 01, 2020 04:15 pm ET
Nabors Industries Ltd. Second Quarter 2020 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 1, 2020 /PRNewswire/ -- PR Newswire - Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, July 29th at 1:00 p.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2020. Nabors will release earnings after the market closes on July 28, 2020.
May 05, 2020 06:39 pm ET
Nabors Adopts Limited Duration Shareholder Rights Plan
HAMILTON, Bermuda, May 5, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors" or the "Company") announced today that its Board of Directors has adopted a limited duration shareholder rights plan under which shareholders will receive rights (the "Rights") to purchase shares of a series of preferred shares. The Rights will expire on April 30, 2021.
May 05, 2020 04:15 pm ET
Nabors Announces First Quarter 2020 Results
HAMILTON, Bermuda, May 5, 2020 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2020 operating revenues of $718 million compared to operating revenues of $714 million in the fourth quarter of 2019. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $395 million, or $56.72 per share, compared to a loss of $267 million, or $38.66 per share in the prior quarter. The first quarter's net loss included the impact of the Company's review for potential asset impairments. As a result of this
Apr 27, 2020 06:15 pm ET
Nabors Industries Ltd. First Quarter 2020 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 27, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, May 6th at 1:00 p.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2020. Nabors will release earnings after the market closes on May 5, 2020.
Apr 20, 2020 05:15 pm ET
Nabors Announces Results of Special Meeting of Shareholders and 1-for-50 Reverse Stock Split of its Common Shares
HAMILTON, Bermuda, April 20, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that all proposals presented at its special meeting held on Monday, April 20, 2020 were approved, including: (i) an amendment to Nabors' share capital to effect a reverse stock split of its common shares at a ratio not less than 1-for-15 and not greater than 1-for-50, with the exact ratio to be set within that range at the sole discretion of Nabors' Board of Directors before the effective date of the reverse stock split without further approval or authorization of Nabors' sharehold
Apr 09, 2020 04:50 pm ET
Nabors Received Delisting Notice from the New York Stock Exchange
HAMILTON, Bermuda, April 9, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that it received notification from the New York Stock Exchange (the "NYSE") that it is no longer in compliance with the NYSE continued listing criteria set forth in Section 802.01C of the NYSE's Listed Company Manual requiring listed companies to maintain an average closing share price of at least $1.00 over a period of 30 consecutive trading days. Nabors is in compliance with all other NYSE continued listing standard rules.
Mar 31, 2020 09:05 am ET
Nabors Announces Filing of Definitive Proxy Statement for Reverse Stock Split
HAMILTON, Bermuda, March 31, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (the "SEC") and has mailed definitive proxy materials to its shareholders in connection with a special general meeting of shareholders (the "Special Meeting") to be held on April 20, 2020, instead of April 13, 2020 as previously announced. Shareholders of record as of March 30, 2020 will be entitled to vote at the meeting, and will consider and vote on the following matters:
Mar 25, 2020 07:45 am ET
Nabors Responds to Market Conditions
HAMILTON, Bermuda, March 25, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors" or the "Company") 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.
Mar 18, 2020 05:40 pm ET
Nabors Proposes Reverse Stock Split
HAMILTON, Bermuda, March 18, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") today announced that its Board of Directors has approved a proposal, to be submitted to shareholders for approval at a special general meeting of shareholders anticipated to be held on April 13, 2020, to, among other things, effect a consolidation (reverse stock split) of Nabors' common shares. The reverse stock split proposal includes a proposed range between 1-for-15 and 1-for-50 common shares. The final ratio will be determined by Nabors' Board of Directors after shareholder approval. If approv
Oct 29, 2019 05:37 pm ET
Nabors Announces Third Quarter 2019 Results
HAMILTON, Bermuda, Oct. 29, 2019 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2019 operating revenues of $758 million, compared to operating revenues of $771 million in the second quarter. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $123 million, or $0.37 per share, compared to a loss of $208 million, or $0.61 per share, in the prior quarter. The third quarter's results included after-tax charges of $23.3 million, or $0.06 per share, related to a foreign tax sett
Oct 11, 2019 06:22 pm ET
Nabors Industries Ltd. Third Quarter 2019 Earnings Conference Call Invitation
HAMILTON, Bermuda, Oct. 11, 2019 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, October 30th at 10:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2019. Nabors will release earnings after the market closes on October 29, 2019.
Jul 29, 2019 06:07 pm ET
Nabors Announces Second Quarter 2019 Results
HAMILTON, Bermuda, July 29, 2019 /PRNewswire/ -- 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 share, compared to a loss of $122 million, or $0.36 per share, in the prior quarter. Results for the second quarter included net goodwill and intangible asset impairments of $99 million, or $0.29 per share, whi
Jul 24, 2019 02:02 pm ET
Public & Private Oil & Gas Companies Scheduled for The Oil & Gas Conference® Represent $158 Billion in Energy Industry Market Capitalization
DENVER, July 24, 2019 /PRNewswire/ -- One of the largest independent upstream oil and gas-focused investor conferences—The Oil & Gas Conference®—will take place Aug. 11-14, 2019, at the Denver Downtown Westin hotel.
Jul 16, 2019 02:30 pm ET
Nabors Industries Ltd. Second Quarter 2019 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 16, 2019 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Tuesday, July 30th at 10:00 a.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2019. Nabors will release earnings after the market closes on July 29, 2019.
Apr 30, 2019 04:36 pm ET
Nabors Announces First Quarter 2019 Results
HAMILTON, Bermuda, April 30, 2019 /PRNewswire/ -- 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 $0.36 per share, compared to a loss of $188 million, or $0.55 per share, in the prior quarter. Results for the fourth quarter of 2018 included net impairments and other charges of $52 million, or $0.15 per share
Apr 08, 2019 04:30 pm ET
Nabors Industries Ltd. First Quarter 2019 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 8, 2019 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, May 1st at 10:00 a.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2019. Nabors will release earnings after the market closes on April 30, 2019.
Mar 04, 2019 08:35 am ET
Recent Analysis Shows Array BioPharma, Nabors Industries, Brinker International, Piedmont Office Realty Trust, Och-Ziff Capital Management Group, and Franklin Street Properties Market Influences — Ren
In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders, and shareholders of Array BioPharma Inc. (NASDAQ:ARRY), Nabors Industries Ltd. (NYSE:NBR), Brinker...
Feb 26, 2019 05:48 pm ET
Nabors Announces Fourth Quarter Results
HAMILTON, Bermuda, Feb. 26, 2019 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported fourth quarter 2018 operating revenues of $782 million, compared to operating revenues of $779 million in the third quarter. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $188 million, or $0.55 per share, compared to loss of $105 million, or $0.31 per share, in the prior quarter. Results for the fourth quarter included net impairments and other charges of $52 million, or $0.15 per share after tax, and a
Feb 25, 2019 06:00 am ET
Nabors Appoints Anthony Chase as a Director
HAMILTON, Bermuda, Feb. 25, 2019 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today announced that it has expanded its Board to seven members and appointed Anthony R. ("Tony") Chase to fill the vacancy. Mr. Chase is the Chairman and Chief Executive Officer of ChaseSource, L.P., a Houston-based staffing and real estate development firm. He was a founder of mobile phone provider Cricket Wireless and ChaseCom, L.P., a global customer relationship management and staffing services company, until its sale to AT&T Inc. in 2007. Mr. Chase has served as a director of both Anadark
Feb 05, 2019 03:15 pm ET
Nabors Industries Ltd. Fourth Quarter 2018 Earnings Conference Call Invitation
HAMILTON, Bermuda, Feb. 5, 2019 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, February 27th at 10:00 a.m. Central Time for a discussion of operating results for the fourth quarter ended December 31, 2018. Nabors will release earnings after the market closes on February 26, 2019.
Jan 08, 2019 04:15 pm ET
Nabors CFO to Discuss Industry and Company Outlook at Goldman Sachs Energy Conference
HAMILTON, Bermuda, Jan. 8, 2019 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced that William Restrepo, Nabors Chief Financial Officer, will participate in the Goldman Sachs Energy Conference on Wednesday morning January 9, 2019, wherein he will discuss the industry environment and Nabors outlook for 2019.
Dec 04, 2018 05:07 pm ET
Universal Display Set to Join S&P MidCap 400 and Nabors Industries to Join S&P SmallCap 600
NEW YORK, Dec. 4, 2018 /PRNewswire/ -- S&P MidCap 400 constituent Nabors Industries Ltd. (NYSE: NBR) will replace Sonic Corp. (NASD: SONC) in the S&P SmallCap 600, and Universal Display Corp. (NASD: OLED) will replace Nabors Industries in the S&P MidCap 400 effective prior to the open of trading on Monday, December 10. Inspire Brands is acquiring Sonic in a deal expected to be completed soon pending final conditions. Nabors Industries has a market capitalization more representative of the small-cap market space.
Nov 02, 2018 08:50 am ET
Analysis: Positioning to Benefit within Armstrong World Industries, Anadarko Petroleum, Nabors Industries, Hibbett Sports, Cal-Maine Foods, and MGM Resorts International — Research Highlights Growth,
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Armstrong World Industries, Inc. (NYSE:AWI), Anadarko Petroleum...
Oct 30, 2018 05:20 pm ET
Nabors Announces Third Quarter Results
HAMILTON, Bermuda, Oct. 30, 2018 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2018 operating revenues of $779 million, compared to operating revenues of $762 million in the second quarter, a 2% increase. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $105 million, or $0.31 per share, compared to a loss of $202 million, or $0.61 per share, in the prior quarter. Results for the third quarter included a loss of $10 million, or $0.02 per share in premiums paid to redeem
Oct 17, 2018 04:15 pm ET
Nabors Industries Ltd. Rescheduled Third Quarter 2018 Earnings Conference Call Invitation
HAMILTON, Bermuda, Oct. 17, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) Due to scheduling conflicts Nabors has rescheduled its third quarter earnings release and conference call to be one week later than previously announced. The call will now be held on Wednesday, October 31st at 10:00 a.m. Central Time. Nabors will release earnings after the market closes on Tuesday, October 30, 2018.
Oct 12, 2018 03:04 pm ET
Nabors Realigns Unsecured Revolving Credit Facilities
HAMILTON, Bermuda, Oct. 12, 2018 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today announced the closing, on October 11, 2018, of an unsecured revolving credit facility of its wholly-owned subsidiaries, Nabors Industries, Inc. ("Nabors Delaware") and Nabors Drilling Canada Limited ("Nabors Canada"), with an aggregate principal amount of $1,267,000,000, comprised of a loan facility of up to $1,227,000,000, which can be drawn upon by Nabors Delaware in U.S. dollar borrowings, and a loan facility of up to $40,000,000, which can be drawn upon by Nabors Canada in either U.S. or
Sep 28, 2018 08:15 am ET
Research Report Identifies Gladstone Investment, Chesapeake Lodging Trust, Nabors Industries, Kaman, Investors Real Estate Trust, and Johnson Controls International plc with Renewed Outlook — Fundamen
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Gladstone Investment Corporation (NASDAQ:GAIN), Chesapeake Lodging Trust...
Sep 21, 2018 05:49 pm ET
Nabors Industries Ltd. Third Quarter 2018 Earnings Conference Call Invitation
HAMILTON, Bermuda, Sept. 21, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday October 24th at 10:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2018. Nabors will release earnings after the market closes on October 23, 2018.
Aug 09, 2018 12:33 pm ET
U.S. Shale, Offshore, Latin American and Private Oil and Gas Producers to Speak at EnerCom's - The Oil & Gas Conference® - Aug. 19-22
DENVER, Aug. 9, 2018 /PRNewswire/ -- The 23rd annual EnerCom conference will deliver the best of the industry to the Denver Downtown Westin Hotel on Aug. 19-22, 2018.
Jul 31, 2018 05:37 pm ET
Nabors Announces Second Quarter Results
HAMILTON, Bermuda, July 31, 2018 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2018 operating revenue of $762 million, compared to operating revenue of $734 million in the first quarter, a 4% increase. Net income from continuing operations attributable to Nabors common shareholders for the quarter was a loss of $202 million, or $0.61 per share, compared to a loss of $144 million, or $0.46 per share, in the prior quarter. Results for the second quarter included a loss on the sale of Middle East offshore rigs of $63.7 million (or
Jul 25, 2018 08:45 am ET
What to Expect from the 23rd EnerCom - The Oil & Gas Conference®
DENVER, July 25, 2018 /PRNewswire/ -- An impressive roster of CEOs across the upstream and oilfield service and technology spectrum will be at the Denver Downtown Westin Hotel Aug. 20, 21 and 22, 2018, to give presentations at EnerCom's The Oil & Gas Conference®.
Jul 20, 2018 06:03 pm ET
Nabors Industries Ltd. Second Quarter 2018 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 20, 2018 /PRNewswire/ -- PR Newswire - Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday August 1st at 10:00 a.m. Central Time for a discussion of operating results for the first quarter ended June 30, 2017. Nabors will release earnings after the market closes on July 31, 2018.
Jun 08, 2018 08:25 am ET
Factors of Influence in 2018, Key Indicators and Opportunity within CNH Industrial N.V, Sanofi, New York, Nabors Industries, Aptiv, and PagSeguro Digital — New Research Emphasizes Economic Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of CNH Industrial N.V. (NYSE:CNHI), Sanofi (NYSE:SNY), New York Company,...
Jun 08, 2018 07:00 am ET
Nabors Announces Exercise Of Underwriters' Option To Purchase Additional Common Shares
HAMILTON, Bermuda, June 8, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") announced today that, in connection with its recently completed offering of 35,000,000 of its common shares at a price to the public of $7.75 per share, the underwriters have exercised in full their option to purchase 5,250,000 additional common shares, par value $0.001 per share (the "Additional Shares").
May 11, 2018 09:31 am ET
Should you invest in Advanced Micro Devices, MGM Resorts, Nabors Industries, Roku Inc and Yelp?
CHICAGO, May 11, 2018 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, MGM, NBR, ROKU, and YELP.
May 10, 2018 07:00 am ET
Nabors Announces Pricing Of Common Shares And Mandatory Convertible Preferred Shares
HAMILTON, Bermuda, May 10, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") announced today the pricing of its offerings of 35,000,000 of its common shares at a price to the public of $7.75 per share and 5,000,000 of its new 6.00% mandatory convertible preferred shares, series A (the "mandatory convertible preferred shares") at a price to the public of $50 per share. Unless converted earlier, each mandatory convertible preferred share will convert automatically on or about May 1, 2021, into between 5.3763 and 6.4516 of Nabors' common shares, subject to anti-dilution and othe
May 09, 2018 04:46 pm ET
Nabors Announces Offerings Of Common Shares And Mandatory Convertible Preferred Shares
HAMILTON, Bermuda, May 9, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") announced today that it has commenced concurrent underwritten public offerings of 35,000,000 of its common shares and 5,000,000 of its new mandatory convertible preferred shares, series A (the "mandatory convertible preferred shares"). In connection with the common shares offering, Nabors intends to grant the underwriters a 30-day option to purchase an additional 5,250,000 common shares. In connection with the mandatory convertible preferred shares offering, Nabors intends to grant the underwriters a
May 01, 2018 07:27 pm ET
Nabors Announces First Quarter Results
HAMILTON, Bermuda, May 1, 2018 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2018 operating revenue of $734 million, compared to operating revenue of $708 million in the prior quarter. Net income from continuing operations attributable to Nabors for the quarter was a loss of $144 million, or $0.46 per share, compared to a loss of $116 million, or $0.40 per share, in the fourth quarter of 2017. Results for the first quarter included transaction charges of $7.4 million, or $0.02 per share and a sequential increase in non-cash tax
Apr 19, 2018 05:39 pm ET
Nabors Industries Ltd. First Quarter 2018 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 19, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday, May 2nd at 10:00 a.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2017. Nabors will release earnings after the market closes on May 1, 2018.
Mar 26, 2018 07:40 am ET
Investor Expectations to Drive Momentum within Aon plc, Endeavour Silver, BlackBerry, DURECT, Castle Brands, and Nabors Industries — Discovering Underlying Factors of Influence
NEW YORK, March 26, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Aon plc (NYSE:AON), Endeavour Silver Corporation...
Feb 28, 2018 08:40 am ET
Nabors Industries Ltd. to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 28, 2018 / Nabors Industries Ltd. (NYSE: NBR) will be discussing their earnings results in their Q4 Earnings Call to be held on February 28, 2018 at 11:00 AM Eastern Time.
Feb 27, 2018 04:57 pm ET
Nabors Announces FY 2017 and Fourth Quarter Results
HAMILTON, Bermuda, Feb. 27, 2018 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported full-year 2017 operating revenue of $2.6 billion, compared to operating revenue of $2.2 billion in the prior year. Net income from continuing operations attributable to Nabors for the year was a loss of $503 million, or $1.75 per share, compared to a loss of $1.0 billion, or $3.58 per share, in FY 2016.
Feb 13, 2018 11:52 am ET
EnerCom Updates Presenters for the Oilfield Tech & Innovation Conference - Feb. 23, 2018 in Dallas, Texas
DENVER, Feb. 13, 2018 /PRNewswire/ -- EnerCom, Inc. announces presenting companies for its winter Oilfield Tech & Innovation Conference in Dallas, Texas, Friday Feb. 23, 2018.
Feb 12, 2018 05:07 pm ET
Nabors Industries Ltd. Fourth Quarter 2017 Earnings Conference Call Invitation
HAMILTON, Bermuda, Feb. 12, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday February 28th at 10:00 a.m. Central Time for a discussion of operating results for the fourth quarter ended December 31, 2017. Nabors will release earnings after the market closes on February 27th, 2018.
Jan 16, 2018 05:01 pm ET
Nabors Prices $800,000,000 in Senior Unsecured Debt Offering
HAMILTON, Bermuda, Jan. 16, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") today announced that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has priced $800,000,000 in senior unsecured notes due 2025, in the private placement offering it announced earlier today. The notes will bear interest at an annual rate of 5.75%, and are being offered to investors at an initial price of 100% of par. The notes will be fully and unconditionally guaranteed by Nabors Industries Ltd. The closing of the sale of notes is expected to occur on or about January 23, 2018.
Jan 16, 2018 06:06 am ET
Nabors Announces Offering of Senior Unsecured Notes
HAMILTON, Bermuda, Jan. 16, 2018 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has commenced an offering of senior unsecured notes due 2025 (the "notes"). The notes will be fully and unconditionally guaranteed by Nabors.
Dec 15, 2017 08:14 am ET
Nabors Completes Acquisition of Tesco Corporation
HAMILTON, Bermuda, Dec. 15, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) and Tesco Corporation ("Tesco") (NASDAQ:TESO) today announced the completion of the previously announced acquisition of Tesco by Nabors.
Dec 14, 2017 07:00 am ET
TIBCO and Nabors Deliver Smart Drilling Technology to Energy Markets
PALO ALTO, Calif., and HOUSTON, Dec. 14, 2017 /PRNewswire/ -- TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced its partnership with Nabors Industries Ltd. (NYSE: NBR), leveraging the TIBCO® Connected Intelligence portfolio to provide the foundation for Nabors' real-time drilling analytics. In addition to utilizing TIBCO's extensive customer base in upstream oil and gas, Nabors' solutions will incorporate the breadth of TIBCO's offerings, incorporating algorithmic modelling into streaming analytics.
Dec 07, 2017 05:11 pm ET
Easterly Government Properties and Cutera Set to Join S&P SmallCap 600
NEW YORK, Dec. 7, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600:
Dec 01, 2017 04:48 pm ET
Tesco Corporation Shareholders Vote to Approve Acquisition by Nabors
HAMILTON, Bermuda and HOUSTON, Dec. 1, 2017 /CNW/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) and Tesco Corporation ("Tesco") (NASDAQ:TESO) today jointly provided a status update of the previously announced acquisition (the "Arrangement") of Tesco by Nabors.
Dec 01, 2017 04:48 pm ET
Tesco Corporation Shareholders Vote to Approve Acquisition by Nabors
HAMILTON, Bermuda and HOUSTON, Dec. 1, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) and Tesco Corporation ("Tesco") (NASDAQ:TESO) today jointly provided a status update of the previously announced acquisition (the "Arrangement") of Tesco by Nabors.
Dec 01, 2017 03:10 pm ET
Nabors and Saudi Aramco Commence Joint Venture Operations
HAMILTON, Bermuda, Dec. 1, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported the commencement of operations of Saudi Aramco Nabors Drilling Company, or SANAD, the previously-announced 50/50 joint venture between Saudi Aramco and Nabors. SANAD is one of the anchor projects that has emerged from Saudi Arabia's efforts to introduce world-class industry hubs locally, in order to foster economic growth and job creation.
Nov 06, 2017 06:27 pm ET
Nabors and TESCO Announce Transaction Status Update
HAMILTON, Bermuda and HOUSTON, Nov. 6, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR), and Tesco Corporation ("Tesco") (NASDAQ:TESO), today jointly provided a status update of the previously announced acquisition of Tesco Corporation by Nabors Industries Ltd. The two companies have recently received anti-trust clearance from the U.S. Department of Justice and the Canada Competition Bureau. In addition, the approval process with the Federal Antimonopoly Service of the Russian Federation was initiated, with its determination expected in the next few weeks.
Oct 24, 2017 05:18 pm ET
Nabors Announces Third-Quarter 2017 Earnings Results
HAMILTON, Bermuda, Oct. 24, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third-quarter 2017 operating revenues of $662 million, compared to operating revenues of $631 million in the second quarter of 2017. The net loss from continuing operations, attributable to Nabors, for the current quarter was $121 million, or $0.42 per diluted share, compared to a loss of $117 million, or $0.41 per diluted share, last quarter.
Oct 12, 2017 07:26 pm ET
Nabors Industries Ltd. Third Quarter 2017 Earnings Conference Call Invitation
HAMILTON, Bermuda, Oct. 12, 2017 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Wednesday October 25, 2017 at 10:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2017. Nabors will release earnings after the market closes on October 24, 2017.
Sep 05, 2017 01:57 pm ET
Nabors Acquires Robotic Drilling Systems AS
HAMILTON, Bermuda, Sept. 5, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR), today announced that it has acquired Stavanger based Robotic Drilling Systems AS ("RDS"), a provider of automated tubular and tool handling equipment for the onshore and offshore drilling markets. This transaction integrates the highly capable RDS team and product offering with the technology portfolio of Canrig, Nabors rig equipment subsidiary, and strengthens the development of its drilling automation solutions.
Aug 15, 2017 03:31 pm ET
WeissLaw LLP Investigates Tesco Corporation Acquisition
NEW YORK, Aug. 15, 2017 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Tesco Corporation ("TESO" or the "Company") (NASDAQ: TESO) in connection with the proposed acquisition of the Company by Nabors Industries Ltd. ("NBR") (NYSE: NBR). Under the terms of the acquisition agreement, the Company's shareholders will receive 0.68 of a share of NBR for each TESO share they own, representing consideration of $4.51 based on NBR's August 14 closing price.
Aug 14, 2017 08:29 pm ET
TESCO INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tesco Corporation
NEW ORLEANS, Aug. 14, 2017 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Tesco Corporation ("Tesco" or the "Company") (NASDAQ: TESO) to Nabors Industries Ltd. (NYSE: NBR). Under the terms of the proposed transaction, shareholders of Tesco will receive only 0.68 shares of Nabors for each share of Tesco that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company
Aug 14, 2017 07:00 am ET
Nabors Announces Agreement to Acquire Tesco Corporation in an All-Stock Transaction
HAMILTON, Bermuda, Aug. 14, 2017 /PRNewswire/ --
Aug 02, 2017 07:16 pm ET
Nabors Announces Second Quarter Results
HAMILTON, Bermuda, Aug. 2, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2017 operating revenues of $631 million, compared to operating revenues of $563 million in the prior quarter. Net income from continuing operations attributable to Nabors for the quarter was a loss of $117 million, or $0.41 per diluted share, compared to a loss of $149 million, or $0.52 per diluted share, in the first quarter of 2017. The second quarter results include $7.3 million in net after-tax charges, or $0.03 per diluted share, primarily due to p
Jul 07, 2017 05:53 pm ET
Nabors Industries Ltd. Second Quarter 2017 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 7, 2017 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday, August 3, 2017 at 10:00 a.m. Central Time for a discussion of operating results for the second quarter ended June 30, 2017. Nabors will release earnings after the market closes on August 2, 2017.
Jun 20, 2017 08:00 am ET
Nabors Announces Commencement of Offer to Exchange Senior Notes due 2023
HAMILTON, Bermuda, June 20, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today announced that its subsidiary, Nabors Industries, Inc. ("Nabors Delaware"), has commenced an offer to exchange any and all of Nabors Delaware's $600,000,000 aggregate principal amount of 5.50% Senior Notes due 2023, which were issued in a private placement on December 9, 2016 (the "Old Notes") for up to an equal principal amount of its 5.50% Senior Notes due 2023 which have been registered under the Securities Act of 1933, as amended (the "New Notes"). Both the Old Notes and the New Notes are
Apr 26, 2017 07:50 pm ET
Nabors Announces First Quarter Results
HAMILTON, Bermuda, April 26, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2017 operating revenue of $563 million, compared to operating revenue of $539 million in the prior quarter. Net income from continuing operations attributable to Nabors for the quarter was a loss of $149 million, or $0.52 per share, compared to a loss of $331 million, or $1.17 per share, in the fourth quarter of 2016. The first quarter results include $7.8 million in net after-tax charges, or $0.03 per share, representing premiums incurred in open ma
Apr 12, 2017 05:05 pm ET
Nabors Industries Ltd. First Quarter 2017 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 12, 2017 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday, April 27, 2017 at 10:00 a.m. Central Time for a discussion of operating results for the first quarter ended March 31, 2017. Nabors will release earnings after the market closes on April 26, 2017.
Feb 22, 2017 06:24 pm ET
Nabors Announces FY 2016 and Fourth Quarter Results
HAMILTON, Bermuda, Feb. 22, 2017 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported full-year 2016 operating revenue of $2.2 billion, compared to operating revenue of $3.9 billion in the prior year, which included $366 million in revenue from the Completion and Production Services segment (NCPS), a business line that merged with C&J Energy Services, Inc. (CJES) on March 24, 2015 and ceased to be consolidated with Nabors on that date. Net income from continuing operations for the year was a loss of $1.0 billion, or $3.58 per share, compared to a loss of $330 mil
Feb 01, 2017 05:25 pm ET
Nabors and Weatherford Form Alliance for Integrated Drilling Solutions
HAMILTON, Bermuda and BAAR, Switzerland, Feb. 1, 2017 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) and Weatherford International plc (NYSE: WFT) announced today they have signed a non-binding Memorandum of Understanding (MOU) to form an alliance focused on delivering enhanced drilling solutions to the oil and gas land market in the lower 48 states of the United States.
Feb 01, 2017 05:25 pm ET
Weatherford and Nabors Form Alliance for Integrated Drilling Solutions
BAAR, Switzerland and HAMILTON, Bermuda, Feb. 1, 2017 /PRNewswire/ -- Weatherford International plc (NYSE: WFT) and Nabors Industries Ltd. (NYSE: NBR) announced today they have signed a non-binding Memorandum of Understanding (MOU) to form an alliance focused on delivering enhanced drilling solutions to the oil and gas land market in the lower 48 states of the United States.
Jan 20, 2017 07:00 am ET
Nabors Industries Ltd. Fourth Quarter 2016 Earnings Conference Call Invitation
HAMILTON, Bermuda, Jan. 20, 2017 /PRNewswire/ -- PR Newswire - Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, and William Restrepo, Chief Financial Officer, Thursday, February 23, 2017 at 10:00 a.m. Central Time for a discussion of operating results for the fourth quarter ended December 31, 2016. Nabors will release earnings after the market closes on February 22, 2017.
Jan 10, 2017 07:17 am ET
Nabors Prices $500,000,000 In Exchangeable Senior Unsecured Debt Offering
HAMILTON, Bermuda, Jan. 10, 2017 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has priced $500,000,000 in aggregate principal amount of its 0.75% exchangeable senior unsecured notes due 2024 (the "notes"), through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be fully and unconditionally guaranteed by Nabors. The offering of the notes is expected to close on January 13, 2017, subject
Jan 09, 2017 04:31 pm ET
Nabors Announces Offering Of Exchangeable Senior Unsecured Notes
HAMILTON, Bermuda, Jan. 9, 2017 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has commenced an offering of $500,000,000 aggregate principal amount of exchangeable senior unsecured notes due 2024 (the "notes"), subject to market and other conditions, through a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The notes will be fully and unconditionally guaranteed by Nabors.
Dec 02, 2016 05:02 pm ET
Nabors Prices $600,000,000 In Senior Unsecured Debt Offering
HAMILTON, Bermuda, Dec. 2, 2016 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") today announced that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has priced $600,000,000 in aggregate principal amount of its 5.5% senior unsecured notes due 2023, in the private placement offering it announced earlier today. The notes will be fully and unconditionally guaranteed by Nabors Industries Ltd. The closing of the sale of notes is expected to occur on or about December 9, 2016.
Dec 02, 2016 09:10 am ET
Nabors Announces Offering Of Senior Unsecured Notes
HAMILTON, Bermuda, Dec. 2, 2016 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors") announced today that its wholly owned subsidiary, Nabors Industries, Inc. ("NII"), has commenced an offering of senior unsecured notes due 2023 (the "notes"). The notes will be fully and unconditionally guaranteed by Nabors Industries Ltd.
Oct 31, 2016 08:00 am ET
Saudi Aramco and Nabors Sign Joint Venture Agreement
HOUSTON, Oct. 31, 2016 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today announced the signing of an agreement to form a new Joint Venture in the Kingdom of Saudi Arabia to own, manage and operate onshore drilling rigs. The Joint Venture, which will be equally owned by Saudi Aramco and Nabors, is anticipated to be formed and commence operations in the second quarter of 2017.
Oct 25, 2016 07:02 pm ET
Nabors Announces Third-Quarter Results
HAMILTON, Bermuda, Oct. 25, 2016 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported third-quarter 2016 operating revenues of $519.7 million, compared to operating revenues of $571.6 million in the second quarter of 2016. Net income from continuing operations, attributable to Nabors, for the current quarter was a loss of $99.0 million, or $0.35 per diluted share, compared to a loss of $183.7 million, or $0.65 per diluted share, last quarter.
Oct 12, 2016 10:31 am ET
InvestorsObserver releases covered-call reports for Caterpillar Inc., Tyson Foods, Nabors Industries, Monsanto Company and Costco
CHICAGO, Oct. 12, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CAT, COST, MON, NBR, and TSN.
Sep 29, 2016 07:52 pm ET
Nabors Industries Ltd. Third Quarter 2016 Earnings Conference Call Invitation
HAMILTON, Bermuda, Sept. 29, 2016 /PRNewswire/ -- PR Newswire - Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo, Chief Financial Officer, Wednesday, October 26, 2016 at 10:00 a.m. Central Time for a discussion of operating results for the third quarter 2016. Nabors will release earnings after the market closes on October 25, 2016.
Aug 02, 2016 06:21 pm ET
Nabors Announces Second Quarter Results
HAMILTON, Bermuda, Aug. 2, 2016 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported second quarter 2016 operating revenues of $571.6 million, compared to operating revenues of $597.6 million in the first quarter. Net income from continuing operations for the quarter was a loss of $186.6 million, or ($0.65) per diluted share, compared to a loss of $396.6 million, or ($1.41) per diluted share, last quarter. Net income from continuing operations for the second quarter includes a loss of $0.39 per share due to impairments and losses related to disposed businesses and as
Jul 15, 2016 05:15 pm ET
Nabors Industries Ltd. Second Quarter 2016 Earnings Conference Call Invitation
HAMILTON, Bermuda, July 15, 2016 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo, Chief Financial Officer, Wednesday, August 3, 2016 at 10:00 a.m. Central Time for a discussion of operating results for the second quarter 2016. Nabors will release earnings after the market closes on August 2, 2016.
Jun 22, 2016 10:31 am ET
InvestorsObserver releases covered-call reports for Facebook, JC Penney, Nike, Continental Resources and Nabors Industries
CHICAGO, June 22, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FB, JCP, NKE, CLR and NBR.
Jun 07, 2016 10:31 am ET
InvestorsObserver releases covered-call reports for SolarCity, Illumina, Nabors Industries, Amazon.com and Salesforce.com
CHICAGO, June 7, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SCTY, ILMN, NBR, AMZN and CRM.
May 26, 2016 10:31 am ET
Learn how to target a 20% return on Valeant Pharmaceuticals, or get option-trade ideas on Western Digital, Ulta Salon Cosmetics & Fragrance Inc., Nabors Industries, and Sotheby's or any stock you choo
CHICAGO, May 26, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VRX, WDC, ULTA, NBR and BID.
Apr 27, 2016 12:31 pm ET
Dreamworks Animation SKG Inc. trade offers an 9% return in 142 days, or find similar option trades on Boston Scientific Corporation, Nabors Industries, Whiting Petroleum, and NVIDIA
CHICAGO, April 27, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DWA, BSX, NBR, WLL and NVDA.
Apr 25, 2016 05:17 pm ET
Nabors Announces First Quarter Results
HAMILTON, Bermuda, April 25, 2016 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported first quarter 2016 operating revenues of $597.6 million, compared to operating revenues of $738.9 million in the fourth quarter of last year. Net income (loss) from continuing operations for the quarter was a loss of $396.6 million, or ($1.41) per diluted share, compared to a loss of $161.1 million, or ($0.57) per diluted share, last quarter. The net loss from continuing operations for the first quarter included a per share loss of $1.12 per share due to impairments to the carryi
Apr 01, 2016 05:47 pm ET
Nabors Industries Ltd. First Quarter 2016 Earnings Conference Call Invitation
HAMILTON, Bermuda, April 1, 2016 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo, Chief Financial Officer, Tuesday, April 26, 2016 at 10:00 a.m. Central Time for a discussion of operating results for the first quarter 2016. Nabors will release earnings after the market closes on April 25, 2016.
Mar 11, 2016 05:19 pm ET
Nabors Mourns the Passing of C&J Energy Services Founder, Chairman & CEO Josh Comstock
HAMILTON, Bermuda, March 11, 2016 /PRNewswire/ -- Following today's announcement of the tragic and sudden loss of C&J Energy Services Ltd. ("C&J") (NYSE: CJES) Founder, Chairman & Chief Executive Officer Josh Comstock, Nabors Industries Ltd. ("Nabors") (NYSE: NBR) expresses its deepest condolences to the Comstock family and to the employees of C&J.
Mar 08, 2016 09:31 am ET
Covered Call Alerts For Peabody Energy, Nabors Industries, Valeant Pharmaceuticals, Starbucks and CSX Released By InvestorsObserver
CHICAGO, March 8, 2016 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BTU, NBR, VRX, SBUX and CSX.To see the high-return covered-call trades uncovered by InvestorsObserver's analysts, read the InvestorsObserver's PriceWatch Alert by selecting the corresponding link. (Note: You may have to copy this link into your browser then press the [ENTER] key.)BTU: http://www.investorsobserver.com/press/30720161/BTU NBR: http://www.investorsobserver.com/press/30720161/NBR VRX: http://www.investorsobserver.com/press/30720161/VRX SBUX: http://www.investorsobserver.com/press/30
Feb 16, 2016 04:25 pm ET
Nabors Announces FY 2015 and Fourth Quarter Results
Notable items:
Feb 16, 2016 04:25 pm ET
Nabors Announces FY 2015 and Fourth Quarter Results
Notable items:
Feb 02, 2016 12:54 pm ET
Nabors Industries Ltd. Fourth Quarter 2015 Earnings Conference Call Invitation
HAMILTON, Bermuda, Feb. 2, 2016 /CNW/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo, Chief Financial Officer, Wednesday, February 17, 2016 at 10:00 a.m. Central Time for a discussion of operating results for the fourth quarter 2015. Nabors will release earnings after the market closes on February 16, 2016.
Feb 02, 2016 12:54 pm ET
Nabors Industries Ltd. Fourth Quarter 2015 Earnings Conference Call Invitation
HAMILTON, Bermuda, Feb. 2, 2016 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer and William Restrepo, Chief Financial Officer, Wednesday, February 17, 2016 at 10:00 a.m. Central Time for a discussion of operating results for the fourth quarter 2015. Nabors will release earnings after the market closes on February 16, 2016.
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