Nabors (NYSE: NBR ): Q2 EPS of $0.24 beats by $0.01 . Revenue of $1.62B (+10.2% Y/Y) beats by $30M . Press Release Post your comment!
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By Stephen Simpson, CFA : I've long been fond of the expression "if it doesn't make dollars, it doesn't make sense," and I'm glad to see that Weatherford (NYSE: WFT ) has gotten serious about adopting a similar philosophy. Back in March, the company sold its pipeline and specialty service business
[Originally published on 6/11/2014] The oil-spending spree is coming to the U.S. Over the past year, I've highlighted the massive amount of money international oil companies (IOCs) are spending to find oil outside the U.S. I said oil-services stocks with international exposure, like Schlumberger (
Top gainers, as of 2:45 p.m.: VRS +5.5% . PXLW +4.1% . SGEN +2.6% . ACHN +2.5% . JDST +2.3% . Top losers, as of 2:45 p.m.: USU -9.1% . NBR -3.8% . SVM -3.3% . NG -3.0% . MUX -2.8% . Post your comment!
Nabors Industries ( NBR ) +2.2% premarket after the oil driller ..... which is expected to be accretive to NBR 's margins and accelerate investment ..... The move represents a large step in NBR 's restructuring effort, which will
about the price paid and the quality of assets the company is getting in return. The Deal C&J Energy Services and Nabors ( NBR ) announced Wednesday night that C&J would be acquiring Nabors' completion and production businesses for total consideration
Nabors' pressure pumping business continues to struggle with industry oversupply. Segment adjusted operating income fell to $52 million in 2013 from $230 million in 2011.At its most recent annual meeting, Nabors' board took yet another step backward in governance reform by overriding the
Gainers: UNXL +23% . IRM +18% . ROYL +13% . AGEN +13% . AUXL +10% . DRWI +10% . NBR +10% . ONVO +10% . CJES +9% . NEON +8% . Losers: RDEN -12% . BBBY -8% . BCS -6% . Post your comment!
June 25 (Reuters) - Oilfield services provider Nabors Industries Ltd will merge its well maintenance business with C&J Energy Services Inc and receive $2.86 billion in cash and stock.