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Stock news
Nabors (NBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) announced today the launch of its Canrig Red Zone Robotics (RZR) Rig Floor Module, a modular rig upgrade that automates routine drilling activities.
Miller Value Partners, an investment management company, released its “Deep Value Strategy” third-quarter 2022 investor letter. A copy of the same can be downloaded here. In the third quarter, the Deep Value Strategy was down 14.67% net of fees compared to the S&P 500 Index, which was down 5.74%. Year-to-date, the strategy was down 23.4% (net […]
New technologies would allow geothermal plants to be built in places where Earth’s heat is farther from the surface
Here is how Marathon Petroleum (MPC) and Nabors Industries (NBR) have performed compared to their sector so far this year.
Nabors' (NBR) third-quarter 2022 loss from operations is broader than the Zacks Consensus Estimate, while quarterly revenues beat the consensus mark.
Shares of Nabors Industries (NYSE: NBR) had surged more than 20% by 10:30 a.m. ET on Wednesday. The primary catalyst fueling the oil stock's rally was its third-quarter report. "We had an outstanding third quarter," CEO Anthony Petrello said in the earnings release.
Anthony Petrello, chairman, president and CEO of Nabors, said the company expects additional rig growth from its largest customers through the end of 2022 and a high utilization of its drilling rigs throughout 2023.
Nabors (NBR) delivered earnings and revenue surprises of -49.33% and 2.91%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of approximately 10%, compared to operating revenues of $631 million in the second quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $14 million, or $1.80 per share. This compares to a loss of $83 million, or $9.41 per share, in the second quarter. The third quarter results included a non-cash gain of $34 million, or