Past year: ▲ 65%(48.52 – 102.61 USD)
Each one in plain English, with the numbers worked through for a shareholder.
5 Sept 2013material agreement● NeutralMajor
On September 4, 2013 Nabors' subsidiary NII agreed to sell $350 million of 2.35% notes due 2016 and $350 million of 5.1% notes due 2023 (guaranteed by Nabors), and launched a tender offer to buy back any and all of its $1.125 billion of 9.25% notes due 2019. The note offering's proceeds are intended, with cash and revolver borrowings if needed, to fund that buyback.
2 Aug 2013quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported a quarterly net loss of $4.4 million for the period ended 2013-06-30.
31 July 2013dividend declaration▲ Good
The board declared a quarterly cash dividend of $0.04 per share, payable September 27, 2013 to holders of record on September 6, 2013. This is the same amount as the prior two dividends.
24 July 2013quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported a quarterly net loss of $4.4 million for the period ended 2013-06-30.
15 July 2013security holder rights change● NeutralMajor
Nabors amended its July 2012 shareholder rights plan to extend its expiry from July 16, 2013 to July 16, 2016 and raise the exercise price per one-thousandth of a preferred share to $80.00 (from $70). This continues the plan rather than letting it lapse as originally scheduled; the filing does not state a reason.
2 May 2013quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $99.1 million for the period ended 2013-03-31.
30 Apr 2013dividend declaration▲ Good
The board declared another quarterly cash dividend of $0.04 per share, payable June 28, 2013 to holders of record on June 7, 2013. This continues the dividend started in February 2013 at the same amount.
24 Apr 2013quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $99.1 million for the period ended 2013-03-31.
8 Apr 2013substantial holder notice● Neutral
Pamplona Capital Management LLP, Pamplona Capital Management LLC, Pamplona Capital Partners III, L.P, Alexander M. Knaster reported a NABORS INDUSTRIES LTD shareholding of 25,602,322 shares (8.80% of votes) in a periodic institutional filing.
5 Apr 2013substantial holder notice● Neutral
Pamplona Capital Management LLP, Pamplona Capital Management LLC, Pamplona Capital Partners III, L.P, Alexander M. Knaster reported a NABORS INDUSTRIES LTD shareholding of 25,602,322 shares (8.80% of votes) in a periodic institutional filing.
27 Feb 2013dividend declaration▲ GoodMajor
Nabors announced its first quarterly cash dividend, $0.04 per common share, payable March 28, 2013 to holders of record on March 11, 2013. The CEO's quote ties it to progress on reducing debt and improving liquidity, and the company says future dividends depend on board approval and business conditions.
20 Feb 2013substantial holder notice● Neutral
Morgan Stanley I.R.S. #, Morgan Stanley Smith Barney LLC I.R disclosed a new substantial NABORS INDUSTRIES LTD shareholding (5.00% of votes).
20 Feb 2013quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $27.1 million for the period ended 2012-12-31.
14 Feb 2013substantial holder notice● Neutral
Morgan Stanley I.R.S. #, Morgan Stanley Smith Barney LLC I.R disclosed a new substantial NABORS INDUSTRIES LTD shareholding (7.00% of votes).
12 Feb 2013substantial holder notice● Neutral
The Vanguard Group reported a NABORS INDUSTRIES LTD shareholding of 17,072,156 shares (5.87% of votes) in a periodic institutional filing.
11 Feb 2013substantial holder notice● Neutral
BlackRock, Inc reported a NABORS INDUSTRIES LTD shareholding of 15,851,417 shares (5.46% of votes) in a periodic institutional filing.
6 Feb 2013substantial holder notice● Neutral
WHV Investment Management, Inc, Hirayama Investments, LLC reported a NABORS INDUSTRIES LTD shareholding of 20,592,433 shares (7.09% of votes) in a periodic institutional filing.
23 Jan 2013substantial holder notice● Neutral
Pamplona Capital Management LLP, Pamplona Capital Management LLC, Pamplona Capital Partners III, L.P, Alexander M. Knaster disclosed a new substantial NABORS INDUSTRIES LTD shareholding (8.80% of votes).
30 Nov 2012material agreement termination▲ GoodMajor
Nabors signed a new unsecured revolving credit facility of up to $1.5 billion (expandable to $1.95 billion, five-year term) on November 29, 2012, with Nabors Industries, Inc. and Nabors Canada as borrowers and the parent guaranteeing. It replaced and terminated the September 2010 and April 2011 revolvers, which were repaid in full with only nominal breakage costs; this resolves the open question about how those two facilities related, as both are now gone. The press release states the new facility extends maturity by three years to 2017.
2 Nov 2012quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $75.7 million for the period ended 2012-09-30.
24 Oct 2012quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $75.7 million for the period ended 2012-09-30.
13 Aug 2012substantial holder notice● Neutral
Pamplona Capital Management LLP, Pamplona Capital Management LLC, Pamplona Capital Partners III, L.P, Alexander M. Knaster disclosed a new substantial NABORS INDUSTRIES LTD shareholding (8.80% of votes).
3 Aug 2012quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported a quarterly net loss of $93.7 million for the period ended 2012-06-30.
25 July 2012quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported a quarterly net loss of $93.7 million for the period ended 2012-06-30.
23 July 2012listing compliance notice▲ GoodMajor
the New York Stock Exchange certified NABORS INDUSTRIES LTD's securities for listing, clearing them to begin trading.
17 July 2012security holder rights change● NeutralMajor
Nabors adopted a shareholder rights plan on July 16, 2012, issuing one right per common share to holders of record on July 27, 2012. The rights become exercisable only if a person or group acquires 10% or more of the shares (or starts a tender offer that would do so), letting other holders buy shares at a discount and diluting the acquirer. The rights expire July 16, 2013 unless extended or redeemed at $0.01 each. 350,000 Series A junior preferred shares are reserved for this.
4 May 2012quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $155.8 million for the period ended 2012-03-31.
25 Apr 2012quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $155.8 million for the period ended 2012-03-31.
28 Feb 2012director interest notice● Neutral
NABORS INDUSTRIES LTD director James L Payne received 12,000 shares as part of the equity award.
22 Feb 2012quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported a quarterly net loss of $105.8 million for the period ended 2011-12-31.
