Service & Supply | Quarterly / Earnings Reports | Oilfield Services | Third Quarter (3Q) Update
Nabors International Business Up in Third Quarter
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Nabors Industries has released third quarter operational results.
Third-Quarter Highlights Include: EPS of $0.39 , excluding net charges from strategic transactions Operating revenues increased 12% sequentially Secured 9 awards for additional rigs: 3 PACE®-X for U.S. and 6 for International Repurchased $250 million of common stock Repurchased $22 million face value of 6.15% 2018 notes Nabors Industries Ltd. (NBR) has reported third-quarter 2014 operating revenues and earnings from unconsolidated affiliates of $1.81 billion , compared to $1.62 billion in the second quarter of 2014 and $1.55 billion in the same quarter of the prior year. Third-quarter revenue increased by 12% sequentially and 17% year-over-year. Drilling revenue grew 10% sequentially, Completion & Production revenue…Finish this article — free account or subscription
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