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More on Nabors' (NBR) Q4 results: Adjusted operating earnings for the U.S. lower 48...

More on Nabors' (NBRQ4 results: Adjusted operating earnings for the U.S. lower 48 land-drilling business, NBR's largest segment, fell 27% Y/Y, while its completion and production services segment dropped 50% amid weakness in the domestic pressure-pumping business. Expects a marked decline in Q1 income given low rig counts and depressed spot market rates. Shares -2.3% AH.
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