Nabors Industries (NBR) Reports In-Line Q3 EPS

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Go back to Nabors Industries (NBR) Reports In-Line Q3 EPS

Nabors Announces Third Quarter Results

October 27, 2015 4:18 PM EDT

Notable items for the quarter:

- EPS of ($0.86), including $0.72 in items, impairments and other charges related to the downturn, and $0.12 loss from unconsolidated affiliates   

- Deployed 5 remaining PACE®-X rigs to Colombia

- Repurchased 8.3 million shares at a cost of $78.4 million           

HAMILTON, Bermuda, Oct. 27, 2015 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors") (NYSE: NBR) today reported third-quarter operating revenues of $848 million, compared to $863 million in the second quarter of 2015, and $1.81 billion in the third quarter of last year. The comparable third quarter of last year included $612 million in... More