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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:25 EDTNBRNabors Industries expects Q1 EPS to fall below consensus of 21c
The impact is essentially confined to the Completion Services segment and should approximate 7c per share. The company attributed the shortfall to the persistent extraordinary weather and the resulting delays in some customers' well completion activity. CEO Tony Petrello said, "Severe winter weather in those areas continued to affect our pumping operations through February and into early March, though to a lesser degree than in January. The weather has also impacted many northern based frac sand mines, tightening availability, and could further impact our results. Our other operations appear to be in-line to favorable compared to expectations. We view the first quarter's operating performance in Completion Services as temporary. Weather notwithstanding, improving underlying demand for pressure pumping gives us a constructive, though tempered, outlook for this business through the remainder of 2014. As for the balance of our business lines, our near- and longer-term outlooks remain intact."
News For NBR From The Last 14 Days
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September 17, 2014
10:00 EDTNBROn The Fly: Analyst Initiation Summary
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07:40 EDTNBRUBS to hold a conference
Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link
September 16, 2014
16:30 EDTNBRNabors Industries initiated with a Buy at KeyBanc
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September 11, 2014
15:33 EDTNBRNabors to repurchase about $250M of shares, about 40% of Pamplona stake
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09:08 EDTNBRNabors Industries 25.6M share Spot Secondary priced at $24.10
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