Mr. Restrepo mentioned that in the International Drilling segment and in the Lower 48, a portion of the Company's U.S. Drilling segment, activity and financial results quarter to date support the outlook previously issued by the Company. He also noted that prospects for the Company's Drilling Solutions segment remain strong, with activity in international markets and on non-Nabors rigs expected to drive future growth. He commented that the Company is still tracking 2024 capital expenditures of approximately ...

HAMILTON, Bermuda, June 17, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) closed, on June 17, 2024, an amendment and restatement of its secured credit facility. The new $475 million facility is comprised of $350 million for revolving credit and $125 million for letters of credit. The facility matures on June 17, 2029. The maturity date can be brought forward to 90 days before the maturity date of certain of the Company's debt securities, if those debt securities were not sufficiently pa ...

It has been about a month since the last earnings report for Nabors Industries (NBR) . Shares have lost about 3.5% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Nabors due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Nabors Q1 Loss Wider Than Expected Nabors I ...

Nabors Industries Ltd. (NYSE:NBR) Q1 2024 Earnings Conference Call April 25, 2024 1:00 PM ET Company Participants William Conroy - Vice President- Corporate Development & Investor Relations Tony Petrello - Chairman, President & Chief Executive Officer William Restrepo - Chief Financial Officer Conference Call Participants Dan Kutz - Morgan Stanley Keith MacKey - RBC Capital Markets Kurt Hallead - Benchmark Derek Podhaizer - Barclays Operator Good day, and welcome to the Nabors Industries First Quarter 2024 ...

Cash & Short-term Investments $475,732 $1,070,178 $425,560 Net debt is computed by subtracting the sum of cash, cash equivalents and short-term investments from total debt. This non-GAAP measure has limitations and therefore should not be used in isolation or as a substitute for the amounts reported in accordance with GAAP. However, management evaluates the performance of its operating segments and the consolidated Company based on several criteria, including net debt, because it believes that this financia ...

Nabors Industries (NBR) reported a loss per share of $4.54 in the first quarter of 2024. In the year-ago quarter, the company had reported a profit of $4.11 per share. This underperformance was primarily due to much higher year-over-year total costs and expenses.Revenues of $743.9 million beat the Zacks Consensus Estimate of $731 million. However, the top line decreased from the year-ago quarter’s level of $789 million. This was due to poor contribution from NBR’s U.S. Drilling and Rig Technologies segments ...

Nabors Industries (NBR) came out with a quarterly loss of $5.16 per share versus the Zacks Consensus Estimate of a loss of $2.24. This compares to loss of $0.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -130.36%. A quarter ago, it was expected that this drilling contractor would post a loss of $1.54 per share when it actually produced a loss of $3.84, delivering a surprise of -149.35%.Over the last four quarters, the com ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-32657 NABORS INDUSTRIES LTD. (Exact name of registrant as specified in its charter) Bermuda (State or Other Jurisdicti ...

Nabors Industries Ltd. (NYSE:NBR) Q4 2023 Results Conference Call February 7, 2024 11:00 AM ET Company Participants William Conroy - Vice President of Business Development and Investor Relations Tony Petrello - Chairman, President and Chief Executive Officer William Restrepo - Chief Financial Officer Conference Call Participants Kurt Hallead - Benchmark Derek Podhaizer - Barclays Waqar Syed - ATB Capital Markets Arun Jayaram - JPMorgan Operator Good day. And welcome to the Nabors Industries Fourth Quarter 2 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-32657 NABORS INDUSTRIES LTD. (Exact name of registrant as specified in its charter) Bermuda 98-0363970 (State or other jurisdiction of incorporation or o ...