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Nabors Industries Ltd.$28.16$1.033.80%

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Income Statement for Nabors Industries Ltd.
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $3,053.60 $3,048.12 $2,565.49
Cost of Goods Sold $1,929.33 $1,976.97 $1,718.07
Gross Profit $1,124.27 $1,071.15 $847.42
       
Research & Development Expense $50.36 $56.15 $51.07
Selling, General, & Admin. Expense $582.43 $439.80 $310.60
Income Before Depreciation $287.17 $348.08 $262.86
       
Depreciation, Depletion, Amortization $876.09 $866.87 $842.94
Non-Operating Income $0.00 $0.00 $0.00
Interest Expense $204.31 $227.12 $222.89
Pretax Income ($588.92) ($518.79) ($580.08)
       
Provision for Income Taxes $91.58 $79.27 ($82.97)
Minority Interest $22.38 $28.22 $6.18
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($680.50) ($598.06) ($497.11)
       
Extraordinary Items & Disc. Operations ($0.01) ($14.66) ($43.52)
Net Income ($702.89) ($640.95) ($546.81)
       
Basic Earnings Per Share ($105.50) ($99.50) ($95.00)
Diluted Earnings Per Share ($105.50) ($99.50) ($95.00)
       
Weighted Average Basic Shares Outstanding 7.03 6.69 5.61
Weighted Average Diluted Shares Outstanding 7.03 6.69 5.61
       
Income Before Non-Recurring Items ($425.10) ($395.55) ($469.61)
Income From Non-Recurring Items ($277.78) ($230.73) ($33.68)
Diluted Earnings Per Share before extras ($66.00) ($63.00) ($81.50)
       
Dividend (preferred) $39.02 $24.50 N/A
Dividend (common) $14.54 $85.87 $76.24
Dividend Per Share (common) $2.00 $12.00 $12.00




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