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Nabors Industries Ltd (NBR.N)

NBR.N on New York Stock Exchange

6.68USD
22 Feb 2018
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$0.24 (+3.73%)
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Latest Key Developments (Source: Significant Developments)

Nabors Prices $800 mln In Senior Unsecured Debt Offering
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - Nabors Industries Ltd ::NABORS PRICES $800,000,000 IN SENIOR UNSECURED DEBT OFFERING.NABORS INDUSTRIES - UNIT PRICED $800 MILLION IN SENIOR UNSECURED NOTES DUE 2025​.  Full Article

Nabors Announces Offering Of Senior Unsecured Notes
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Nabors Industries Ltd ::NABORS ANNOUNCES OFFERING OF SENIOR UNSECURED NOTES.NABORS INDUSTRIES LTD - ‍UNIT COMMENCED AN OFFERING OF SENIOR UNSECURED NOTES DUE 2025​.NABORS INDUSTRIES LTD - ‍INTENDS TO USE NET PROCEEDS FROM THIS OFFERING TO REPAY INDEBTEDNESS OF CO AND ITS UNITS.  Full Article

Tesco Corp Shareholders Vote To Approve Acquisition By Nabors
Saturday, 2 Dec 2017 

Dec 1 (Reuters) - Tesco Corp ::TESCO CORPORATION SHAREHOLDERS VOTE TO APPROVE ACQUISITION BY NABORS.TESCO CORP - CO, NABORS EXPECT CLOSING OF TRANSACTION TO OCCUR BY YEAR END.  Full Article

Nabors And Saudi Aramco Commence Joint Venture Operations
Saturday, 2 Dec 2017 

Dec 1 (Reuters) - Nabors Industries Ltd ::NABORS AND SAUDI ARAMCO COMMENCE JOINT VENTURE OPERATIONS.NABORS INDUSTRIES - CO, SAUDI ARAMCO HAVE MADE CONTRIBUTIONS OF EQUAL VALUE OF CASH AND/OR ASSETS INTO ENTITY.NABORS INDUSTRIES - CO, SAUDI ARAMCO AGREED THAT JV ENTITY TO BUY AND OPERATE 50 NEWLY CONSTRUCTED RIGS OVER 10-YEAR PERIOD.  Full Article

Nabors and Tesco announce transaction status update
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Nabors Industries Ltd ::Nabors and Tesco announce transaction status update.Co, Tesco recently received anti-trust clearance from U.S. Department of Justice and Canada Competition Bureau regarding deal​.Approval process with Federal Antimonopoly Service of Russian Federation for Tesco deal was initiated, determination expected in next few weeks​.  Full Article

Nabors Industries Ltd says Hushang Ansary reports 6.7 pct passive stake in co as of Oct. 25 - SEC filing‍​
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Nabors Industries Ltd :Hushang Ansary reports 6.7 pct percent passive stake in Nabors Industries Ltd as of October 25, 2017 - SEC filing‍​.  Full Article

Nabors Industries reports Q3 revenue $662 mln
Wednesday, 25 Oct 2017 

Oct 24 (Reuters) - Nabors Industries Ltd :Nabors announces third-quarter 2017 earnings results.Q3 loss per share $0.42 from continuing operations.Q3 revenue $662 million versus I/B/E/S view $674.2 million.Q3 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S.Nabors industries - ‍U.S. Drilling segment posted 14% increase in adjusted EBITDA in quarter, with average of 107 rigs working, versus 101 rigs during Q2​.  Full Article

Nabors Industries Q2 loss per share $0.65
Wednesday, 3 Aug 2016 

Nabors Industries Ltd : Q2 loss per share $0.65 . Q2 loss per share $0.26 excluding items . Q2 revenue $571.6 million . Says Q2 Drilling and Rig Services adjusted operating income was a loss of $25.0 million compared to a loss of $18.6 million in Q1 . U.S. Drilling segment posted an adjusted operating loss of $48.3 million for quarter . Qtrly U.S. Drilling and Rig Services operating revenue $140.3 million versus $321.2 million a year ago . Q2 loss per share $0.26 excluding items . Q2 2016 operating revenues of $571.6 million, compared to operating revenues of $597.6 million in Q1 . In U.S. Drilling segment, expects near-term rig count to increase gradually, albeit at lower average margins . Says "In addition to our current cash balances, our $2.25 billion revolver remains undrawn" . Net income from continuing operations for Q2 includes a loss of $0.39 per share . Loss of $0.39 per share due to impairments and losses related to disposed businesses and assets in quarter .Reduction in net debt of nearly $140 million year-to-date.  Full Article