4 Jan 2023director interest notice● Neutral
NABORS INDUSTRIES LTD Chief Financial Officer William J Restrepo acquired 27,835 shares and disposed of 16,779 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Jan 2023director interest notice● Neutral
NABORS INDUSTRIES LTD director John P Kotts was credited 368 deferred share units under a company plan.
3 Jan 2023director interest notice● Neutral
NABORS INDUSTRIES LTD director Anthony R Chase was credited 325 deferred share units under a company plan.
15 Dec 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director John P Kotts sold 2,973 shares at $23.96.
27 Oct 2022quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported quarterly revenue of $694.1 million and a net loss of $13.8 million for the period ended 2022-09-30.
25 Oct 2022quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported quarterly revenue of $694.1 million and a net loss of $13.8 million for the period ended 2022-09-30.
4 Aug 2022quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported quarterly revenue of $630.9 million and a net loss of $82.9 million for the period ended 2022-06-30.
3 Aug 2022quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported quarterly revenue of $630.9 million and a net loss of $82.9 million for the period ended 2022-06-30.
30 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director Anthony R Chase was credited 363 deferred share units under a company plan.
29 June 2022debt financing▲ Good
Nabors amended its receivables facility a third time: commitments rise from $150 million back to $250 million (up to $300 million possible), a third purchaser (Nomura) joins, and the interest benchmark moves from LIBOR to SOFR. The term runs to as late as August 13, 2024, but earlier if the 5.5% notes remain outstanding on November 16, 2022, the 5.1% notes on June 17, 2023, or half or more of the 0.75% exchangeable notes on October 17, 2023.
9 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director John P Kotts received 1,315 shares as part of the equity award.
9 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director Tanya S Beder received 1,315 shares as part of the equity award.
9 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director John Yearwood received 1,315 shares as part of the equity award.
9 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director James R Crane received 1,315 shares as part of the equity award.
9 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director Michael C Linn received 1,315 shares as part of the equity award.
9 June 2022director interest notice● Neutral
NABORS INDUSTRIES LTD director Anthony R Chase received 1,315 shares as part of the equity award.
2 May 2022quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported quarterly revenue of $568.5 million and a net loss of $184.5 million for the period ended 2022-03-31.
27 Apr 2022quarterly activities report▼ Bad
NABORS INDUSTRIES LTD reported quarterly revenue of $568.5 million and a net loss of $184.5 million for the period ended 2022-03-31.
11 Mar 2022substantial holder notice● Neutral
BlackRock, Inc reported a NABORS INDUSTRIES LTD shareholding of 1,265,676 shares (15.30% of votes) in a periodic institutional filing.
4 Mar 2022director interest notice● Neutral
NABORS INDUSTRIES LTD CORPORATE SECRETARY Mark D Andrews sold 1,021 shares at $16.20.
24 Feb 2022director interest notice● Neutral
NABORS INDUSTRIES LTD CHAIRMAN, PRESIDENT & CEO Anthony G Petrello acquired 6,904 shares and disposed of 5,244 in a set of related equity transactions.
24 Feb 2022director interest notice● Neutral
NABORS INDUSTRIES LTD Chief Financial Officer William J Restrepo acquired 2,125 shares and disposed of 673 in a set of related equity transactions.
15 Feb 2022director interest notice● Neutral
NABORS INDUSTRIES LTD CORPORATE SECRETARY Mark D Andrews received 964 shares as part of the equity award.
11 Feb 2022substantial holder notice● Neutral
Van Eck Associates Corporation disclosed a new substantial NABORS INDUSTRIES LTD shareholding (5.32% of votes).
11 Feb 2022substantial holder notice● Neutral
Van Eck Associates Corporation disclosed a new substantial NABORS INDUSTRIES LTD shareholding (5.32% of votes).
10 Feb 2022substantial holder notice● Neutral
The Vanguard Group reported a NABORS INDUSTRIES LTD shareholding of 541,000 shares (6.56% of votes) in a periodic institutional filing.
8 Feb 2022substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial NABORS INDUSTRIES LTD shareholding (15.30% of votes).
8 Feb 2022substantial holder notice● Neutral
Dimensional Fund Advisors LP reported a NABORS INDUSTRIES LTD shareholding of 266,120 shares (3.20% of votes) in a periodic institutional filing.
24 Jan 2022debt financing▲ GoodMajor
Nabors signed a new secured $350 million revolving credit facility (plus a $100 million accordion) with Citibank as agent, maturing January 21, 2026 and replacing the 2018 facility that would have matured October 11, 2023. It swaps the old minimum liquidity and asset coverage tests for an interest coverage ratio and minimum guarantor value, and requires the 5.1% 2023, 5.5% 2023 and 5.75% 2025 notes to be repaid 90 days before maturity, with a defease or refinance requirement for the 0.75% exchangeable notes; the press release states an initial borrowing cost of about 3.1%.
10 Jan 2022substantial holder notice● Neutral
LMR Master Fund Ltd, LMR CCSA Master Fund Ltd, LMR Partners LLP, LMR Partners Limited, LMR Partners LLC, LMR Partners AG, Ben Levine, Stefan Renold reported a NABORS INDUSTRIES LTD shareholding of 517,848 shares (5.90% of votes) in a periodic institutional filing.