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Nabors Industries Ltd.$6.24($.19)(2.95%)

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Income Statement for Nabors Industries Ltd.
(Amounts are in millions) 12/2017 12/2016 12/2015
Press Release Press Release Press Release
Net Sales or Revenues $2,565.49 $2,007.11 $3,791.66
Cost of Goods Sold $1,718.07 $1,344.30 $2,371.44
Gross Profit $847.42 $662.81 $1,420.23
       
Research & Development Expense $51.07 $33.58 $41.25
Selling, General, & Admin. Expense $310.60 $770.31 $654.12
Income Before Depreciation $262.86 ($326.44) $542.92
       
Depreciation, Depletion, Amortization $842.94 $871.63 $970.46
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $222.89 $185.36 $181.93
Pretax Income ($580.08) ($1,198.08) ($427.54)
       
Provision for Income Taxes ($82.97) ($186.83) ($98.04)
Minority Interest $6.18 $0.14 $0.38
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($497.11) ($1,011.24) ($329.50)
       
Extraordinary Items & Disc. Operations ($43.52) ($18.36) ($42.80)
Net Income ($546.81) ($1,029.74) ($372.68)
       
Basic Earnings Per Share ($1.90) ($3.64) ($1.29)
Diluted Earnings Per Share ($1.90) ($3.64) ($1.29)
       
Weighted Average Basic Shares Outstanding 280.65 276.48 282.98
Weighted Average Diluted Shares Outstanding 280.65 276.48 282.98
       
Income Before Non-Recurring Items ($469.61) ($524.38) $40.83
Income From Non-Recurring Items ($33.68) ($487.00) ($370.71)
Diluted Earnings Per Share before extras ($1.63) ($1.87) $0.17
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $76.24 $68.02 $79.34
Dividend Per Share (common) $0.24 $0.24 $0.24




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