Core Viewpoint - Nabors Industries Ltd. has entered into a business combination agreement with e2Companies LLC, aiming to enhance energy solutions through e2's AI-based Virtual Utility technology, which offers a comprehensive approach to power generation and grid stability [1][5][6] 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 [8] - e2Companies is recognized as the first vertically integrated Virtual Utility for power generation, distribution, and energy economics, utilizing patented technology for automated grid stability [9][10] Strategic Collaboration - The collaboration between Nabors and e2 began last year, focusing on integrating e2's power solutions into Nabors' drilling operations, which will enhance energy reliability and autonomy for customers [6] - The business combination is expected to strengthen this partnership and support ambitious goals, including comprehensive electrification in oilfields [6] Market Positioning - e2's solutions are designed to operate behind-the-meter without needing a grid connection, making them suitable for critical industries such as data centers, manufacturing, oil and gas, and healthcare [3] - The increasing challenges to the global electrical grid and rising power demand, particularly from data centers, position e2 to capitalize on market opportunities [5] Technological Innovation - e2's R3Di® System provides continuous on-site power and seamless resiliency, independent of grid conditions, and includes features like instantaneous load shifting and AI-based cost optimization [9][10] - The automated platform is designed to adapt to future advancements in energy sources, including renewables and hydrogen, enhancing its long-term viability [10]

In its upcoming report, Nabors Industries (NBR) is predicted by Wall Street analysts to post quarterly loss of $1.86 per share, reflecting an increase of 51.6% compared to the same period last year. Revenues are forecasted to be $730.4 million, representing a year-over-year decrease of 1%.The current level reflects an upward revision of 3.5% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial p ...

Nabors Industries Ltd. (NBR) is set to report fourth-quarter earnings on Feb. 12, after the closing bell. The Zacks Consensus Estimate for the top and bottom lines is pegged at $730.4 million and at a loss of $1.86, respectively.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let us delve into the factors that might have influenced NBR’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter. Highligh ...

HAMILTON, Bermuda, Jan. 7, 2025 /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, February 13, 2025 at 11:00 a.m. Central Time for a discussion of operating results for the fourth quarter ended December 31, 2024.  Nabors will release earnings after the market closes on February 12, 2025. Date: February 13, 2025 Time: 11:00 a.m. CT (12:00 p.m. ET) Dial ...

A month has gone by since the last earnings report for Nabors Industries (NBR) . Shares have added about 3.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Nabors due for a pullback? 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 drivers. Nabors Industries' Q3 Earnings & Revenues Lag Estimat ...

Nabors Industries Ltd. (NBR) reported a third-quarter 2024 adjusted loss of $3.35 per share, which was wider than the Zacks Consensus Estimate of a loss of $1.79. This underperformance was due to higher year-over-year general and administrative expenses, research and engineering expenses, interest expenses and other expenses. However, the loss was significantly narrower than the year-ago quarter’s reported loss of $5.4 per share.This improvement resulted from better operating income from NBR’s International ...

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) ...