Last $11.89 USD
Change Today +0.40 / 3.48%
Volume 15.6M
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As of 8:04 PM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

nabors industries ltd (NBR) Key Developments

Nabors Industries Ltd. Presents at Cowen and Company 4(th) Annual Ultimate Energy Conference, Dec-03-2014 03:35 PM

Nabors Industries Ltd. Presents at Cowen and Company 4(th) Annual Ultimate Energy Conference, Dec-03-2014 03:35 PM. Venue: The New York Hilton Midtown, New York, New York, United States.

Nabors Industries Ltd. Reports Revised Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Nabors Industries Ltd. reported revised earnings results for the third quarter and nine months ended September 30, 2014. The company revised third-quarter 2014 diluted earnings per share from continuing operations of $0.34, versus the $0.19 previously announced in earnings press release for the third quarter of 2014 that was issued on October 21, 2014. The revision is due to a change in the non-cash income tax provision for the third quarter. Upon review, it was determined that the previously reported $63.3 million non-cash tax charge related to the restructuring of the company's completion and production entities in preparation for the pending transaction with C&J Energy Services should be reduced by approximately $45.0 million to $18.3 million. As a result of the revision, the total income tax provision for the third quarter of 2014 is $61.5 million, compared to the $106.5 million previously announced, and net income for the period is $106.4 million, compared to the $61.4 million previously announced. Income from continuing operations, net of tax was $102,430,000 compared to $57,426,000 previously announced. For the nine months, net income for the period is $220,411,000, compared to the $175,407,000 previously announced. Income from continuing operations, net of tax was $217,136,000 compared to $172,132,000 previously announced. Diluted earnings per share from continuing operations were $0.71, versus the $0.56 previously announced.

Nabors Industries Ltd. Presents at Wells Fargo Securities Research, Economics & Strategy 2014 Energy Symposium, Dec-10-2014 11:00 AM

Nabors Industries Ltd. Presents at Wells Fargo Securities Research, Economics & Strategy 2014 Energy Symposium, Dec-10-2014 11:00 AM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 1002, United States. Speakers: William J. Restrepo, Chief Financial Officer and Principal Accounting Officer.

Nabors Industries Declares Cash Dividend, Payable on December 31, 2014

On October 24, 2014, Nabors Industries Ltd. Board of Directors declared a cash dividend of $0.06 per common share, which will be paid on December 31, 2014 to shareholders of record at the close of business on December 10, 2014.

Nabors Industries Ltd. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 08:00 AM

Nabors Industries Ltd. Presents at Stephens Inc. Fall Investment Conference 2014, Nov-12-2014 08:00 AM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.

 

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