Nabors Industries (NBR) came out with a quarterly loss of $3.35 per share versus the Zacks Consensus Estimate of a loss of $1.73. This compares to loss of $5.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -93.64%. A quarter ago, it was expected that this drilling contractor would post a loss of $1.77 per share when it actually produced a loss of $4.29, delivering a surprise of -142.37%.Over the last four quarters, the comp ...

Exhibit 99.1 Nabors Announces Third Quarter 2024 Results Highlights NEWS RELEASE HAMILTON, Bermuda, October 22, 2024 /PRNewswire/ - Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2024 operating revenues of $732 million, compared to operating revenues of $735 million in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $56 million, compared to a net loss of $32 million in the second quarter. This equates to a loss of $6.86 pe ...

HAMILTON, Bermuda, Oct. 22, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2024 operating revenues of $732 million, compared to operating revenues of $735 million in the second quarter. The net loss attributable to Nabors shareholders for the quarter was $56 million, compared to a net loss of $32 million in the second quarter. This equates to a loss of $6.86 per diluted share, compared to a loss per diluted share of $4.29 in the second quarte ...

HAMILTON, Bermuda, Oct. 21, 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, October 23, 2024 at 11:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2024.  Nabors will release earnings after the market closes on October 22, 2024.Date: October 23, 2024 Time: 11:00 a.m. CT (12:00 p.m. ET) Dial-in-number(s) ...

Nabors Industries Ltd.(NBR) has agreed to acquire Parker Wellbore, a leading rental provider company for downhole tubulars in the United States. The company has closed the deal at a consideration of 4.8 million shares of its common stock for an overall transaction value of around $372 million based on Monday's closing price. NBR has also agreed to assume a net debt of about $100 million. Overview of NBR's Acquisition The acquisition agreement between NBR and Parker Wellbore has been approved by the board of ...

The market expects Nabors Industries (NBR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...

Nabors Industries Ltd. (NBR) is currently considered undervalued, trading at a 3.72X trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which is significantly below the broader industry average of 16.18X. Image Source: Zacks Investment Research Zacks' proprietary data indicates that the company has a Value Score of A, suggesting that it is a solid choice for value investors. While this makes Nabors seem like a bargain compared with its peers, th ...

HAMILTON, Bermuda, Sept. 12, 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, October 23, 2024 at 2:00 p.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2024. Nabors will release earnings after the market closes on October 22, 2024. | --- | --- | |--------------------|-----------------------------| | | | | | ...

Core Viewpoint - Nabors Industries Ltd. is actively participating in the Pareto Securities' 31st Annual Energy Conference, with CFO William Restrepo scheduled to present on September 11, 2024 [1]. Company Overview - Nabors Industries is a leading provider of advanced technology for the energy industry, operating in over 20 countries and focusing on safe, efficient, and responsible energy production [2]. - The company leverages its core competencies in drilling, engineering, automation, data science, and manufacturing to innovate in the energy sector and support the transition to a lower-carbon world [2]. Investor Relations - An investor slide deck for the upcoming presentation and meetings with investors is available on Nabors' website under the Investor Relations section [2].

3 5 | --- | --- | --- | --- | --- | --- | |---------------------------------------|--------------------------------------------------------------------------------------------|-------|--------------------------------------|------------|-------------| | | | | Six Months Ended June \n2024 \n(In | thousands) | 30, \n2023 | | | | | | | | | | | $ | (22,031) | $ | 77,291 | | | | | | | | | | | | 317,826 | | 322,729 | | | | | 11,239 | | 12,135 | | | | | — | | 5,318 | | | | | 4,527 | | 4,239 | | | | | 2,576 | | (25, ...