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Nabors Industries Limited. Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors operates the world’s largest land drilling rig fleet, with around 500 rigs operating in over 25 countries – in almost every significant O&G basin on the planet.
Nabors (NBR) delivered earnings and revenue surprises of -55.08% and 1.32%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Tesco Corporation. Tesco Corporation was an oilfield services company that provided top drive rental services on a day-rate basis for land and oil platforms as well as casing running. It was headquartered in Spring Branch, Houston. In December 2017, the company was acquired by Nabors Industries.
With Nabors Industries due to release earnings this week, there are certainly going to be lots of discussions about its recent decision to sell off its Alaskan oil serivces division. For investors ...
Nabors' (NBR) total costs and expenses in Q2 decline to $655 million from $669.5 million in the year-ago quarter owing to controlled depreciation costs and interest expenses.
The petroleum industry, also known as the oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transportation (often by oil tankers and pipelines), and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material ...
The inception of a deep-water platform rig in the Gulf of Mexico at the beginning of the second quarter positively impacts Nabors' (NBR) U.S. operations' results.
A commercial oil tanker receives oil at a terminal off Iraq. Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications.