Live Breaking News & Updates on நபோற்ச் தலைவர்

Stay updated with breaking news from நபோற்ச் தலைவர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Nabors Announces Fourth Quarter 2020 Results


Nabors Announces Fourth Quarter 2020 Results
News provided by
Share this article
Share this article
HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ Nabors Industries Ltd. ( Nabors or the Company ) (NYSE: NBR) today reported fourth quarter 2020 operating revenues of $443 million, compared to operating revenues of $438 million in the third quarter of 2020. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $112 million, or $16.46 per share. The fourth quarter included $162 million of pretax gains from debt exchanges and repurchases, partially offset by charges of $71 million mainly from asset impairments, for a net after-tax gain of $52 million. This compares to a loss of $161 million, or $23.42 per share in the prior quarter. The third quarter included net after tax gains of $6 million related to gains from debt repurchases, asset impairments and severance costs. ....

Saudi Arabia , United States , William Restrepo , Williamc Conroy , Anthonyg Petrello , Drilling Solutions , International Drilling , Corporate Development Investor Relations , Prnewswire Nabors Industries Ltd , Nabors Industries Ltd , Exchange Commission , Securities Exchange , Rig Technologies , North American , Nabors Chairman , Latin America , Eastern Hemisphere , Drilling Solution , Cash Flow , Science Based Targets , Securities Act , Securities Exchange Act , Vice President , Corporate Development , Investor Relations , Kara Peak ,