Nabors Responds to Market Conditions
Nabors Industries Ltd. (NBR)
Last nabors industries ltd. earnings: 2/20 04:15 pm
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US:NYSE Investor Relations:
investor.nabors.com
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Source: PR Newswire
HAMILTON, Bermuda, March 25, 2020 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) ("Nabors" or the "Company") announced today it is taking several actions in light of current market conditions, which have arisen from the combination of the COVID-19 outbreak and the ongoing dispute between two of the largest oil exporters. Anthony G. Petrello, Nabors' Chairman, CEO and President, commented, "The safety of our employees remains our top priority. In the face of COVID-19, we have implemented several measures throughout our operations globally to protect our employees and to mitigate operational impact. Additionally, the industry has experienced a significant drop in oil prices as consumption of hydrocarbons has fallen precipitously. As a result, many E&P operators are implementing activity reductions in the U.S. Lower 48, in excess of the cuts they had previously announced for 2020. Internationally, activity is expected to hold up better, although we could experience disruptions from t
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NBR
Earnings
- 10/22/24 - Miss
NBR
Sec Filings
- 12/10/24 - Form EFFECT
- 12/9/24 - Form 424B3
- 12/4/24 - Form S-4/A
- NBR's page on the SEC website