Brief: Nabors Announces Second Quarter 2022 Results

Nabors Industries

03/08/2022 22:57

Nabors Industries Ltd  NBR.N :
    * NABORS ANNOUNCES SECOND QUARTER 2022 RESULTS
    * Q2 REVENUE $631 MILLION
    * Q2 LOSS PER SHARE $9.41 FROM CONTINUING OPERATIONS
    * Q2 RESULTS INCLUDED A NON-CASH CHARGE OF $22 MILLION, OR
$2.42
PER SHARE, RELATED TO MARK-TO-MARKET TREATMENT OF NABORS'
WARRANTS
    * Q2 EARNINGS PER SHARE VIEW $-7.25, REVENUE VIEW $611.4
MILLION
-- REFINITIV IBES DATA
    * SEES Q3 CAPITAL EXPENDITURES BETWEEN $110 MILLION AND $120
MILLION
    * SEES FY CAPITAL EXPENDITURES FOR FULL YEAR 2022 OF
APPROXIMATELY
$380 MILLION

Source text for Eikon:  ID:nPn7d7wrka 
Further company coverage:  NBR.N