Nabors Announces First Quarter 2024 Results
Nabors Industries Ltd. (NBR)
Last nabors industries ltd. earnings: 2/20 04:15 pm
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US:NYSE Investor Relations:
investor.nabors.com
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Source: PR Newswire
HAMILTON, Bermuda, April 24, 2024 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported first quarter 2024 operating revenues of $734 million, compared to operating revenues of $726 million in the fourth quarter of 2023. The net loss attributable to Nabors shareholders for the quarter was $34 million, compared to a net loss of $17 million in the fourth quarter. This equates to a loss of $4.54 per diluted share, compared to a loss per diluted share of $2.70 in the fourth quarter. The first quarter results included a gain, related to mark-to-market treatment of Nabors warrants, of $6 million, or $0.62 per diluted share, compared to a gain of $10 million, or $1.14 per diluted share, in the fourth quarter. First quarter adjusted EBITDA was $221 million, compared to $230 million in the previous quarter.HighlightsNabors was awarded three rigs in Argentina, on multiyear contracts with attractive economics. The Company will redeploy inactive rigs from
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NBR
Earnings
- 4/24/24 - Miss
NBR
Sec Filings
- 5/3/24 - Form 10-Q
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- NBR's page on the SEC website