More on Nabors (NBR): Q2 results were hurt by write-downs related to the reserve valuation in...

|About: Nabors Industries Ltd. (NBR)|By:, SA News Editor

More on Nabors (NBR): Q2 results were hurt by write-downs related to the reserve valuation in its NFR Energy JV and other items; including write-downs, NBR lost $0.25/share vs. year-earlier earnings of $0.65. Lower revenues and higher costs in pressure pumping "disproportionately" affected margins, the company says. Shares -1.3% AH.