14 Feb 2012substantial holder notice● Neutral
Wentworth, Hauser & Violich, Inc, Hirayama Investments, LLC reported a NABORS INDUSTRIES LTD shareholding of 20,655,513 shares (7.18% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
13 Feb 2012substantial holder notice● Neutral
BlackRock, Inc reported a NABORS INDUSTRIES LTD shareholding of 18,064,172 shares (6.28% of votes) in a periodic institutional filing.
8 Feb 2012substantial holder notice● Neutral
THE VANGUARD GROUP, INC. reported a NABORS INDUSTRIES LTD shareholding of 15,238,426 shares (5.29% of votes) in a periodic institutional filing.
24 Jan 2012director interest notice● Neutral
NABORS INDUSTRIES LTD director Eugene M Isenberg exercised stock options for 3,800,000 shares and disposed of 7,099,527 shares.
4 Jan 2012director interest notice● Neutral
NABORS INDUSTRIES LTD director Myron M Sheinfeld exercised stock options for 47,700 shares and disposed of 81,619 shares.
28 Dec 2011director interest notice● Neutral
NABORS INDUSTRIES LTD PRESIDENT AND CEO Anthony G Petrello exercised stock options for 500,000 shares and disposed of 917,862 shares.
9 Nov 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $74.3 million for the period ended 2011-09-30.
26 Oct 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $74.3 million for the period ended 2011-09-30.
24 Aug 2011debt financing● NeutralMajor
The $700 million of 4.625% senior notes due September 15, 2021 closed on August 23, 2011, with net proceeds of about $694 million before expenses. The indenture limits certain liens and sale-and-leaseback deals and lets holders demand repurchase at 101% on a change of control triggering event. Nabors must file to exchange the notes for registered ones by February 20, 2012. This completes the offering announced August 16.
17 Aug 2011material agreement● NeutralMajor
On August 16, 2011, Nabors Industries, Inc. agreed to sell $700 million of 4.625% senior notes due 2021, guaranteed by Nabors, to a group of banks, with closing expected on or about August 23, 2011. Proceeds are intended for general corporate purposes, including repayment of debt.
2 Aug 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $192.4 million for the period ended 2011-06-30.
27 July 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $192.4 million for the period ended 2011-06-30.
2 June 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director Myron M Sheinfeld exercised stock options for 2,300 shares and disposed of 4,600 shares.
3 May 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $82.8 million for the period ended 2011-03-31.
26 Apr 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $82.8 million for the period ended 2011-03-31.
20 Apr 2011material agreement● NeutralMajor
On April 20, 2011, Nabors Industries, Inc. and Nabors entered a new unsecured revolving credit agreement for up to $550 million (expandable to $700 million), guaranteed by Nabors and maturing September 7, 2014. Citigroup, Mizuho, Morgan Stanley and UBS are lead arrangers, with Citibank as administrative agent. The filing does not say how this relates to the September 2010 $700 million facility.
6 Apr 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director Martin J Whitman received 12,000 shares as part of the equity award.
17 Mar 2011director interest notice● Neutral
NABORS INDUSTRIES LTD insider Robert Clark Wood received 378 shares as part of the equity award.
15 Mar 2011director interest notice● Neutral
NABORS INDUSTRIES LTD insider Robert Clark Wood had 212 shares withheld for taxes on vesting stock.
9 Mar 2011director interest notice● Neutral
NABORS INDUSTRIES LTD CORPORATE SECRETARY Mark D Andrews exercised stock options for 1,699 shares and disposed of 3,398 shares.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD CORPORATE SECRETARY Mark D Andrews received 1,084 shares as part of the equity award.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director Myron M Sheinfeld received 12,000 shares as part of the equity award.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director James L Payne received 12,000 shares as part of the equity award.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director John Yearwood received 12,000 shares as part of the equity award.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director Martin J Whitman received 12,000 shares as part of the equity award.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director John V Lombardi received 12,000 shares as part of the equity award.
22 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD director William T Comfort received 12,000 shares as part of the equity award.
16 Feb 2011quarterly activities report● Neutral
NABORS INDUSTRIES LTD reported a quarterly net income of $50.5 million for the period ended 2010-12-31.
14 Feb 2011substantial holder notice● Neutral
Wentworth, Hauser & Violich, Inc, Hirayama Investments, LLC reported a NABORS INDUSTRIES LTD shareholding of 18,606,019 shares (6.52% of votes) in a periodic institutional filing.
10 Feb 2011director interest notice● Neutral
NABORS INDUSTRIES LTD CEO-CHAIRMAN OF THE BOARD Eugene M Isenberg gifted 381,600 shares.