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Nabors Industries Ltd - NBR STOCK NEWS

Welcome to our dedicated news page for Nabors Industries (Ticker: NBR), a resource for investors and traders seeking the latest updates and insights on Nabors Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nabors Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nabors Industries's position in the market.

News
Nabors Industries Ltd. 1st Quarter 2024 Earnings Conference Call Invitation
Rhea-AI Summary
Nabors Industries (NYSE: NBR) will discuss its first-quarter operating results on April 25, 2024, with Chairman and CEO Anthony G. Petrello and CFO William Restrepo. Earnings will be released on April 24, 2024, followed by a conference call with dial-in details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.59%
Tags
earnings
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News
Nabors Announces Fourth Quarter 2023 Results
Rhea-AI Summary
Nabors Industries Ltd. reported a net loss of $17 million in Q4 2023, compared to a loss of $49 million in Q3. Operating revenues for the full year 2023 were $3.0 billion, a 13% increase from the prior year. Adjusted EBITDA for 2023 was $915 million, a 29% year-on-year growth. The company's segments, including Nabors Drilling Solutions and Rig Technologies, also saw positive growth. The company announced collaborations and business combinations, showing promising future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.23%
Tags
earnings
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News
SLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation Solutions
Rhea-AI Summary
Schlumberger (SLB) and Nabors Industries (NBR) have 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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
News
Nabors Industries Ltd. Fourth Quarter 2023 Earnings Conference Call Invitation
Rhea-AI Summary
Nabors Industries Ltd. (NBR) invites investors to join the discussion of operating results for the fourth quarter ended December 31, 2023, on February 7, 2024. The earnings will be released after the market closes on February 6, 2024. The conference call will be recorded and available for replay for one week, and there will be a live audio webcast of the conference call available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.62%
Tags
earnings
-
News
Nabors Industries Completes Its Most Impactful Energy Transition Investment to Date
Rhea-AI Summary
Nabors Industries Ltd. (NYSE: NBR) completes business combination with Vast Renewables Limited, now trading on NASDAQ under ticker symbol VSTE. Vast's advanced concentrated solar thermal power technology aims to deliver clean, dispatchable power and heat for utility-scale power generation and industrial process heat applications. The company has received significant support from the Australian Renewable Energy Agency and a Euro 10 million commitment from EDF Australia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
none
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News
Vast and Nabors Energy Transition Corp. Announce Closing of Business Combination, Establishing Public Concentrated Solar Thermal Power Company
Rhea-AI Summary
Vast Renewables Limited (VSTE) Completes Business Combination with Nabors Energy Transition Corp. and Begins Trading on Nasdaq
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
none
News
Nabors Prices $650 Million in Senior Priority Guaranteed Notes
Rhea-AI Summary
Nabors Industries Ltd. (NYSE: NBR) Announces Pricing of $650 Million Senior Priority Guaranteed Notes Due 2030. 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. Nabors intends to use the net proceeds from the offering to retire its outstanding 5.75% senior notes due 2025 and the remaining net proceeds for general corporate purposes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
Tags
none
-
News
Nabors Announces Offering of $550 Million Senior Priority Guaranteed Notes
Rhea-AI Summary
Nabors Industries Ltd. (NYSE: NBR) announced the commencement of a $550 million senior priority guaranteed notes offering by its subsidiary, Nabors Industries, Inc. The proceeds will be utilized to repay outstanding senior notes due 2025 and for general corporate purposes. The offering targets qualified institutional buyers and persons outside the United States, with the Notes not being registered under the Securities Act and not available for sale in the United States or any jurisdiction outside of it.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.28%
Tags
none
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News
Nabors Announces Third Quarter 2023 Results
Rhea-AI Summary
Nabors Industries reports Q3 2023 operating revenues of $734 million, with a net loss of $49 million. Adjusted EBITDA was $210 million. Lower 48 rig count decreased but appears to have bottomed. International markets continue to expand. Challenges with newbuild rigs in Saudi Arabia caused deployment delays. Margins in Lower 48 operation remained high. Multiple rigs commenced operations in international segment. Demand for technology portfolio in Nabors Drilling Solutions increased. Energy Transition initiatives gaining momentum in Rig Technologies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.21%
Tags
earnings
News
Nabors Industries Ltd. Third Quarter 2023 Earnings Conference Call Invitation
Rhea-AI Summary
Nabors Industries to discuss Q3 operating results on October 26, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Tags
earnings
Stock NBR logo
Nabors Industries Ltd

NYSE:NBR

NBR Rankings

#2665 Ranked by Market Cap
#4375 Ranked by Stock Gains
N/A Ranked by Dividends

NBR Stock Data

751.99M
8.92M
5.82%
85.16%
9.33%
Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
Link
Bermuda
Hamilton

About NBR

nabors provides innovative drilling rigs and equipment to transform our global industry. every day, we are exploring new territory, digging deeper into what we can achieve. from designing new rigs that deliver higher levels of safety and efficiency for our customers to setting operational performance records around the world, our people provide the rigtelligence to meet the world's demand for oil and gas while learning and growing to also enhance their future career development. since our founding in 1952, nabors has grown from a small land drilling business in canada to one of the world’s largest drilling contractors. at the beginning of 1990, our fleet consisted of 44 actively marketed land drilling rigs in canada, alaska and various international markets. today, nabors owns and operates the world’s largest land-based drilling rig fleet and is a leading provider of offshore platform workover and drilling rigs in the u.s. and multiple international markets. as a global provider of ser