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What Were Nabors Industries’ Earnings Drivers in 1Q18?

Alex Chamberlin
What Were Nabors Industries’ Earnings Drivers in 1Q18?

Nabors Industries (NBR) released its 1Q18 financial results on May 1. From 1Q17 to 1Q18, Nabors Industries’ Drilling Solutions segment revenue increased the most by 129%, followed by the US Drilling segment with a 49% increase, and the Rig Technologies segment with a 46.7% increase.