Last $24.13 USD
Change Today +0.22 / 0.92%
Volume 4.8M
NBR On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/16/14 All times are local (Market data is delayed by at least 15 minutes).

nabors industries ltd (NBR) Key Developments

Nabors Industries Ltd. Presents at 42nd Annual Howard Weil Energy Conference, Mar-27-2014

Nabors Industries Ltd. Presents at 42nd Annual Howard Weil Energy Conference, Mar-27-2014 . Venue: The Roosevelt New Orleans Hotel, 123 Baronne Street, New Orleans, LA 70112, United States.

Nabors Industries Ltd. Provides Earnings Guidance for the First Quarter of 2014

Nabors Industries Ltd. announced that it expects first quarter of 2014 earnings per share to fall below consensus estimates. The impact is essentially confined to the Completion Services segment and should approximate $0.07 per share. The company attributed the shortfall to the persistent extraordinary weather and the resulting delays in some customers' well completion activity.

Nabors Industries Ltd. Initiates Annual Dividend, Payable on March 31, 2014

On February 21, 2014, the board of directors declared a cash dividend of $0.04 per common share, which will be paid on March 31, 2014 to shareholders of record at the close of business on March 10, 2014.

Nabors Industries Ltd. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Capital Spending and Tax Rate Guidance for the Year 2014

Nabors Industries Ltd. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's operating revenues were $1,606,978,000 compared to $1,570,552,000 a year ago. Total revenues and other income was $1,606,496,000 compared to $1,602,308,000 a year ago. Income from continuing operations before income taxes was $102,833,000 compared to $137,775,000 a year ago. Income from continuing operations, net of tax was $128,516,000 or $0.50 per diluted share compared to $131,565,000 or $0.09 per diluted share a year ago. Net profit attributable to the company was $150,603,000 compared to $27,077 a year ago. Adjusted income derived from operating activities was $159,584,000 compared to $153,662,000 a year ago. Adjusted income from continuing operations -were $125,542,000 or $0.42 per diluted share compared to $130,491,000 or $0.45 diluted per share a year ago. Adjusted EBITDA was $437,242,000 compared to $427,144,000 a year ago. Operating cash flow was $437 million against $427 million a year ago. For the full year, the company's operating revenues were $6,152,015,000 compared to $6,843,051,000 a year ago. Total revenues and other income was $6,248,631,000 compared to $6,604,868,000 a year ago. Income from continuing operations before income taxes was $106,160,000 compared to $262,762,000 a year ago. Income from continuing operations, net of tax was $158,341,000 or $0.47 per diluted share compared to $232,181,000 or $0.56 per diluted share a year ago. Adjusted EBITDA was $1,644,896,000 compared to $1,946,877,000 a year ago. Net income attributable to the company was $139,982,000 compared to $164,034,000 a year ago. Adjusted income derived from operating activities was $558,219,000 compared to $906,954,000 a year ago. Adjusted income from continuing operations was $238,434,000 compared to $341,119,000 a year ago. Adjusted net income attributable to the company was $149,884,000 or $0.46 diluted per share compared to $231,560,000 or $0.56 diluted per share a year ago. For the year 2014, the company anticipates capital spending in the range of $1.6 billion to $1.8 billion, depending on actual level of PACE-X newbuilds during 2014. Assume an effective tax rate of 20% to 22% for 2014.

Nabors Industries Ltd. Appoints William Restrepo as Chief Financial Officer, Effective February 28, 2014

Nabors Industries Ltd. announced plans to appoint Mr. William Restrepo as Chief Financial Officer (CFO) following his upcoming departure from Pacific Drilling S.A. Restrepo, 54, most recently served as CFO at Pacific Drilling. In this role, Restrepo provided leadership for Pacific's initial public offering and listing on the New York Stock Exchange and helped the company grow by raising $4.5 billion in bank debt, bonds and equity. Restrepo also previously served as CFO at Seitel Inc. and at Smith International until its acquisition by Schlumberger. Restrepo's employment is expected to begin on February 28, 2014.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NBR:US $24.13 USD +0.22

NBR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Ensco PLC $49.99 USD -0.79
FMC Technologies Inc $54.63 USD +0.96
Noble Corp plc $30.37 USD -0.43
Oceaneering International Inc $72.56 USD +0.93
Superior Energy Services Inc $31.63 USD +0.06
View Industry Companies
 

Industry Analysis

NBR

Industry Average

Valuation NBR Industry Range
Price/Earnings 47.3x
Price/Sales 1.1x
Price/Book 1.2x
Price/Cash Flow 5.8x
TEV/Sales 0.4x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NABORS INDUSTRIES LTD, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.