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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) U.S. Drilling segment reports an operating income of $20.4 million in Q2, rebounding from the year-ago loss of $13.1 million on improved rig activity and solid margins.
This page was last edited on 23 November 2024, at 07:31 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
One of the biggest struggles for a rig or an oil services company is to have outdated and legacy assets on its books, and Nabors Industries is finding itself in that very position. With its legacy ...
When the original estimates for capital expenditures for 2013 came out, it looked as though oil services might be the place to be. Based on the recent earnings release from Nabors Industries ...
In 1994, Tesco's portable land top drive won a Special Meritorious Award for Engineering at the Offshore Technology Conference show. [2] In 1995, the company opened a sales office in Beijing. [2] In 2002, the company acquired Bo Gray Casing Co. and A&M Tubular Maintenance for $10.5 million. [3]
It can be hard to get really excited for earnings releases for companies without a lot of public exposure, but Nabors Industries' (NYS: NBR) earnings report today did give both good and bad news ...
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