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Nabors Industries Ltd (NBR)

NBR on New York Consolidated

6.69USD
23 Aug 2017
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$0.04 (+0.60%)
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Latest Key Developments (Source: Significant Developments)

Tesco to pay $8 mln to Nabors Industries, if deal terminated
Monday, 14 Aug 2017 06:23am EDT 

Aug 14 (Reuters) - Tesco Corp :Tesco says upon termination of merger agreement‍ with Nabors Industries​ under certain circumstances, co to pay cash termination fee of $8 million - SEC filing.  Full Article

Nabors announces agreement to acquire Tesco Corp in an all-stock transaction
Monday, 14 Aug 2017 06:00am EDT 

Aug 14 (Reuters) - Nabors Industries Ltd :Nabors announces agreement to acquire Tesco Corporation in an all-stock transaction that values Tesco common stock at $4.62 per share.Nabors Industries Ltd - first year operating synergies are expected to approach $20 million with full run-rate operating synergies of $30 million to $35 million.Nabors - ‍to buy all issued, outstanding shares of Tesco, with each outstanding Tesco share being exchanged for 0.68 common shares of Nabors​.  Full Article

Nabors Q2 loss per share $0.41
Wednesday, 2 Aug 2017 06:16pm EDT 

Aug 2 (Reuters) - Nabors Industries Ltd ::Nabors announces second quarter results.Q2 revenue $631 million versus I/B/E/S view $592.2 million.Q2 loss per share $0.41.Q2 earnings per share view $-0.35 -- Thomson Reuters I/B/E/S.Qtrly u.s. Drilling and rig services operating revenue $187.3 million versus $140.3 million.  Full Article

Nabors announces commencement of offer to exchange senior notes due 2023
Tuesday, 20 Jun 2017 07:00am EDT 

June 20 (Reuters) - Nabors Industries Ltd ::Nabors announces commencement of offer to exchange senior notes due 2023.Nabors Industries - commenced offer to exchange any and all of Nabors Delaware's $600 million aggregate principal amount of 5.50% senior notes due 2023.  Full Article

Nabors Industries reports Q1 loss per share $0.52
Wednesday, 26 Apr 2017 06:50pm EDT 

April 26 (Reuters) - Nabors Industries Ltd :Nabors announces first quarter results.Q1 revenue $563 million.Q1 loss per share $0.52.Saw U.S. lower 48 working rig count increase by 29% for Q2 in a row.Nabors Industries - averaged 201 rigs operating at an average gross margin of $9,333 per rig day in Q1, compared to 177 rigs at $12,482 per rig day in Q4.  Full Article

Nabors Industries plan to recertify over 20 more rigs in Q1
Monday, 27 Mar 2017 07:29am EDT 

Nabors Industries Ltd : Nabors Industries Ltd- plan to recertify over 20 more rigs in Q1 than anticipated with an average of about 20 days in lost revenue per recertified rig .Nabors Industries Ltd - now expect to compress essentially all of remaining 30 recertifications into Q1, rather than throughout full year.  Full Article

Weatherford and Nabors form alliance for integrated drilling solutions
Wednesday, 1 Feb 2017 05:25pm EST 

Weatherford International PLC - : Weatherford and Nabors form alliance for integrated drilling solutions .Weatherford International - co, Nabors signed MOU to form alliance for delivering drilling solutions to oil and gas land market in lower 48 states of U.S..  Full Article

Nabors announces offering of exchangeable senior unsecured notes
Monday, 9 Jan 2017 04:31pm EST 

Nabors Industries Ltd : Nabors announces offering of exchangeable senior unsecured notes . Nabors Industries Ltd - unit commenced an offering of $500 million aggregate principal amount of exchangeable senior unsecured notes due 2024 . Nabors Industries -net proceeds will be used to prepay remaining balance of NII's unsecured term loan, among others . Nabors Industries - unit expects to grant initial purchasers of notes a 30-day option to purchase up to an additional $75 million principal amount of notes .Nabors Industries- Nabors, NII intend to enter privately negotiated capped call transactions with one or more of initial purchasers and/or affiliates.  Full Article

Nabors prices $600 mln in senior unsecured debt offering
Friday, 2 Dec 2016 05:02pm EST 

Nabors Industries Ltd : Nabors prices $600,000,000 in senior unsecured debt offering .Nabors Industries Ltd - Priced $600 million in aggregate principal amount of its 5.5% senior unsecured notes due 2023.  Full Article

Nabors announces offering of senior unsecured notes
Friday, 2 Dec 2016 09:10am EST 

Nabors Industries Ltd - : Nabors announces offering of senior unsecured notes . Wholly owned subsidiary, nabors industries, inc has commenced an offering of senior unsecured notes due 2023 .Proceeds intended to be used to prepay $162.5 million portion due in 2018 under NII's $325.0 million unsecured term loan.  Full Article

BRIEF-Tesco to pay $8 mln to Nabors Industries, if deal terminated

* Tesco says upon termination of merger agreement‍ with Nabors Industries​ under certain circumstances, co to pay cash termination fee of $8 million - SEC filing Source text for Eikon: (http://bit.ly/2fECQ3G) Further company coverage: