Reports Q1 revenue $783.5M, consensus $773.34M. Anthony Petrello, Nabors Chairman, CEO and President, commented, “The conflict in the Middle East and its broader implications across global energy markets continue to reinforce the value of Nabors’ portfolio and geographic diversification. While our business in that region was only modestly impacted in the first quarter, we are well positioned to respond to changes in activity levels across our markets, supported by our global fleet and operational flexibility.”
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