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/PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported third quarter 2021 operating revenues of $524 million, compared...

Provided by Business Wire NOV Reports Second Quarter 2021 Results NOV Inc. (NYSE: NOV) today reported second quarter 2021 revenues of $1.42 billion, an increase of 13 percent compared to the first quarter of 2021 and a decrease of five percent compared to the second quarter of 2020. Net loss for the second quarter of 2021 was $26 million, or 1.8 percent of sales, which included pre-tax net charges (“Other Items”, see Other Corporate Items for additional detail) of $15 million. Adjusted EBITDA (operating profit excluding depreciation, amortization, and Other Items) incre...

Operator Good day, ladies and gentlemen, and welcome to the NOV First Quarter 2021 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to introduce your host for today's conference, Mr. Blake McCarthy, Vice President of Corporate Development and Investor Relations. Sir, you may begin. Blake McCarthy -- Vice President-Corporate Development and Investor Relations Welcome, everyone, to NOV's First Quarter 2021 Earnings Conference Call. With me today are Clay Williams, our Chairman, President and CEO; and Jose Bayardo, our Senior V...

NOV Forecasting Oilfield Business Rebound as E&P Customers Get Back to Work, Restock Equipment Houston-based NOV Inc. faced challenging conditions for its rig equipment and technology in the first quarter, but as activity in North America and overseas improves, business should improve going forward, CEO Clay Williams said Wednesday. Williams, who held court to discuss the first quarter during an hour-long conference call, said the latest results reflected the “full impact of the shockwave” of 2020. Adding insult to injury, the first quarter “was further impacted by other factors,” he ...

NOV Reports ‘Softer’ E&P Orders, Hit to Operations from February Freeze Operational disruptions from freezing weather in February, as well as softer-than-expected customer orders are set to weigh on first quarter results, NOV Inc. said Tuesday. The Houston-based oilfield technology giant said severe weather during February knocked out operations in Oklahoma and Texas, two of its biggest operating regions. In addition, there has been an underwhelming number of orders by exploration and production (E&P) companies. “Unfortunately, the extreme winter weather across Texas and Oklahoma, the o...