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Latest Nabors Industries Ltd. Stories

2014-07-24 16:22:59

HAMILTON, Bermuda, July 24, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) today announced that its Board of Directors has approved a 50% increase in the Company's quarterly cash dividend. A dividend of $0.06 per common share will be paid on September 30, 2014, to shareholders of record at the close of business on September 9, 2014. Tony Petrello, Nabors' Chairman and CEO, commented, "The Board's increase in the dividend reflects the financial strength of the Company and...

2014-07-22 20:21:12

Second-Quarter Highlights Include: HAMILTON, Bermuda, July 22, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) today reported its financial results for the second quarter of 2014. Operating revenues and earnings from unconsolidated affiliates for this quarter totaled $1.62 billion, compared to $1.50 billion in the same quarter of the prior year and $1.59 billion in the first quarter of 2014. Net income from continuing operations was $65.7 million or $0.21 per diluted...

2014-06-30 20:21:06

HAMILTON, Bermuda, June 30, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, Wednesday, July 23, 2014 at 10:00 a.m. Central Time for a discussion of operating results for the second quarter 2014. Nabors will release earnings after the market closes on July 22, 2014. Date: July 23, 2014 Time: 10:00 a.m. CT (11:00...

2014-06-25 20:20:57

Transaction Highlights: HAMILTON, Bermuda, June 25, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) announced today that the company has signed a definitive agreement to combine its completion and production services businesses in the U.S. and Canada with C&J Energy Services, Inc. (NYSE: CJES), an independent oilfield services and manufacturing company. Following the completion of this transaction, Nabors will own approximately 53 percent of the combined...

2014-06-25 20:20:52

Creates a Leading Diversified Completion and Production Services Provider HOUSTON, June 25, 2014 /PRNewswire/ -- C&J Energy Services, Inc. (NYSE: CJES) today announced that it has entered into a definitive agreement to merge with Nabors' completion and production businesses to create a leading diversified completion and production services provider. Headquartered in Bermuda with corporate offices remaining in Houston, the combined company will have the scale, geographic reach and service...

2014-06-04 20:20:43

HAMILTON, Bermuda, June 4, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) today announced that its Board of Directors has expanded the Board to eight members from the current seven and subsequently appointed Dag Skattum to fill the newly created vacancy. Mr. Skattum currently serves as Managing Director of one thousand & one voices, a family-backed investment firm focused on Sub-Saharan African Investments, a position he has held since 2013. Previously, Mr. Skattum...

2014-05-20 12:30:40

LONDON, May 20, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: Global Offshore Drilling Market 2014-2018http://www.reportbuyer.com/energy_utilities/oil_gas/global_offshore_drilling_market_2014_2018.htmlTechNavio's analysts forecast the Global Offshore Drilling market will grow at a CAGR of 10.9 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in the drilling of offshore oil reserves due...

2014-04-22 16:23:32

HAMILTON, Bermuda, April 22, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) today reported its financial results for the first quarter of 2014. Adjusted income derived from operating activities was $109.0 million, compared to $143.1 million in the first quarter of 2013 and $159.6 million in the fourth quarter of 2013. Operating cash flow (EBITDA) was $391.2 million for the first quarter, compared to $412.5 million and $437.2 million, respectively, in the first and fourth...

2014-04-14 12:23:10

HAMILTON, Bermuda, April 14, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) announced today additional changes to its corporate governance and compensation practices. Building upon initiatives announced during 2013, these changes reflect the Company's ongoing dialogue with its shareholders. -- The Company has adopted a policy to separate the roles of Chairman of the Board and CEO following the tenure of the current Chairman and CEO, in accordance with...

2014-04-08 20:20:36

HAMILTON, Bermuda, April 8, 2014 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman and Chief Executive Officer, Wednesday, April 23, 2014 at 10:00 a.m. Central Time for a discussion of operating results for the first quarter 2014. Nabors will release earnings after the market closes on April 22, 2014. Date: April 23, 2014 Time: 10:00 a.m. CT...


Word of the Day
cenobite
  • One of a religious order living in a convent or in community; a monk: opposed to anchoret or hermit (one who lives in solitude).
  • A social bee.
This word comes from the Latin 'coenobium,' convent, which comes from the Greek 'koinobios,' living in community.
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