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Global Robotic Drilling Equipment Market (2020 to 2027) - by Application, Installation and End-user Industry

Global Robotic Drilling Equipment Market (2020 to 2027) - by Application, Installation and End-user Industry
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NOV Reports 'Softer' E&P Orders, Hit to Operations from February Freeze

NOV Reports ‘Softer’ E&P Orders, Hit to Operations from February Freeze
Operational disruptions from freezing weather in February, as well as softer-than-expected customer orders are set to weigh on first quarter results, NOV Inc. said Tuesday.
The Houston-based oilfield technology giant said severe weather during February knocked out operations in Oklahoma and Texas, two of its biggest operating regions. In addition, there has been an underwhelming number of orders by exploration and production (E&P) companies.
“Unfortunately, the extreme winter weather across Texas and Oklahoma, the ongoing effects of Covid-19 lockdowns, and the continued spending austerity from our oilfield customers are combining to take a greater-than-expected toll on our first quarter results,” said CEO Clay Williams. ....

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NOV Provides Operational Update for the First Quarter 2021

NOV Provides Operational Update for Q1 2021 ....

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Nabors (NBR) Q4 Loss Wider Than Expected, Sales Beat Mark

Nabors (NBR) Q4 Loss Wider Than Expected, Sales Beat Mark
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Nabors Announces Fourth Quarter 2020 Results

Nabors Announces Fourth Quarter 2020 Results
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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. ....

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