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Zacks News
Patterson-UTI (PTEN) Q3 Loss Lower Than Expected, Sales Miss
by Zacks Equity Research
Yet another quarter of solid contribution from Pressure Pumping segment drives Patterson-UTI's (PTEN) Q3 earnings.
Nabors (NBR) Misses Earnings, Revenue Estimates in Q3
by Zacks Equity Research
Nabors Industries (NBR) missed the estimates due to weakness in Rig Service and unexpected cancellation of capital equipment.
Nabors (NBR) Down 15.2% Since Earnings Report: Can It Rebound?
by Zacks Equity Research
Nabors (NBR) reported earnings more than a month ago. What's next for the stock? We take a look at earnings estimates for some clues.
Nabors (NBR) to Acquire Robotic Drilling Systems in Q3
by Zacks Equity Research
Nabors (NBR) receives approval from shareholders of Robotic Drilling for the acquisition.
Nabors (NBR) Acquires Tesco for $215M in an All-Stock Deal
by Zacks Equity Research
The acquisition deal is expected to reinforce Nabors (NBR) position as the equipment and drilling services provider and result into synergies of around $30 million.
Nabors (NBR) Q2 Loss Wider Than Expected, Revenues Beat
by Zacks Equity Research
Positive momentum in the U.S. and Canadian markets along with contribution from rig services drove Nabors' (NBR) revenues in Q2. However, increased costs impacted the company's earnings.
Patterson-UTI (PTEN) Q2 Loss Lower than Expected, Sales Top
by Zacks Equity Research
Strong demand for high-spec rigs and higher revenues especially from the Pressure Pumping segment provided momentum to Patterson-UTI (PTEN) in Q2.
Is the Options Market Predicting a Spike in Nabors Industries (NBR) Stock?
by Zacks Equity Research
Investors in Nabors Industries Ltd. (NBR) need to pay close attention to the stock based on moves in the options market lately.
Patterson-UTI (PTEN) Posts Narrower-Than-Expected Q1 Loss
by Zacks Equity Research
Patterson-UTI Energy Inc. reported first-quarter 2017 loss per share of 42 cents, narrower than the Zacks Consensus Estimate which was pegged at a loss of 44 cents.
Nabors (NBR) Misses on Q1 Earnings, Revenue Estimates
by Zacks Equity Research
Nabors Industries Ltd. reported first-quarter 2017 adjusted loss from continuing operations of 49 cents per share, wider than the Zacks Consensus Estimate of a loss of 34 cents on Apr 26.
Why Is Nabors (NBR) Down 16.2% Since the Last Earnings Report?
by Zacks Equity Research
Nabors (NBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Nabors (NBR) Q4 Loss Narrower Than Expected, Revenues Meet
by Zacks Equity Research
On Feb 22, Nabors Industries Ltd. (NBR) reported fourth-quarter 2016 adjusted loss from continuing operations of 30 cents per share,
Patterson-UTI (PTEN) Q4 Loss in Line with Estimates
by Nilanjan Choudhury
Contract driller Patterson-UTI's (PTEN) Q4 loss came in line with estimates as a pick-up in drilling activity was offset by tight margins.
Nabors' (NBR) Subsidiary Prices Senior Notes Worth $500M
by Zacks Equity Research
Nabors Industries Inc. (NII), a fully owned affiliate of land drilling contractor Nabors Industries Ltd. (NBR), recently declared the pricing of senior unsecured notes of $500 million. The notes will be offered to selected institutional investors.
OPEC Finally Cuts Output: Energy Stocks & ETFs Up 10% or More
by Sanghamitra Saha
Inside stocks and ETFs that are rallying hard and hit a 52-week high on OPEC output cut.