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Nabors Industries Ltd.$1.81($.04)(2.16%)

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Income Statement for Nabors Industries Ltd.
(Amounts are in millions) 12/2018 12/2017 12/2016
Press Release Press Release Press Release
Net Sales or Revenues $3,048.12 $2,565.49 $2,007.11
Cost of Goods Sold $1,976.97 $1,718.07 $1,344.30
Gross Profit $1,071.15 $847.42 $662.81
       
Research & Development Expense $56.15 $51.07 $33.58
Selling, General, & Admin. Expense $439.80 $310.60 $770.31
Income Before Depreciation $348.08 $262.86 ($326.44)
       
Depreciation, Depletion, Amortization $866.87 $842.94 $871.63
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $227.12 $222.89 $185.36
Pretax Income ($518.79) ($580.08) ($1,198.08)
       
Provision for Income Taxes $79.27 ($82.97) ($186.83)
Minority Interest $28.22 $6.18 $0.14
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($598.06) ($497.11) ($1,011.24)
       
Extraordinary Items & Disc. Operations ($14.66) ($43.52) ($18.36)
Net Income ($640.95) ($546.81) ($1,029.74)
       
Basic Earnings Per Share ($1.99) ($1.90) ($3.64)
Diluted Earnings Per Share ($1.99) ($1.90) ($3.64)
       
Weighted Average Basic Shares Outstanding 334.40 280.65 276.48
Weighted Average Diluted Shares Outstanding 334.40 280.65 276.48
       
Income Before Non-Recurring Items ($395.55) ($469.61) ($524.38)
Income From Non-Recurring Items ($230.73) ($33.68) ($487.00)
Diluted Earnings Per Share before extras ($1.26) ($1.63) ($1.87)
       
Dividend (preferred) $24.50 N/A N/A
Dividend (common) $85.87 $76.24 $68.02
Dividend Per Share (common) $0.24 $0.24 $0.24




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