Investing.com - Nabors Industries reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nabors Industries announced earnings per share of $-1.80 on revenue of $694.00. Analysts polled by Investing.com EPS of $-4.23 on revenue of $680.39M.
Nabors Industries 's are down 37% and is trading at $137.50 , still down 33.82% from its 52 week high of $207.67 set on Monday, April 18, 2022.
Nabors Industries shares gained 0.05% to trade at $137.50 in after-hours trade the report.
Nabors Industries follows other major Energy sector earnings this month
Nabors Industries's report follows an earnings beat by Schlumberger on Friday, who reported EPS of $0.63 on revenue of $7.5B, EPS of $0.5507 on revenue of $7.1B.
Valero Energy had missed expectations on Tuesday with third quarter EPS of $7.14 on revenue of $44.45B, for EPS of $7.33 on revenue of $38.86B.
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