Nabors Industries (NBR -6.7%) shares swoon after dismal Q4 results which Tudor Pickering...

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

Nabors Industries (NBR -6.7%) shares swoon after dismal Q4 results which Tudor Pickering analysts call "messy/disappointing," saying no business line is the single culprit but lower baseline suggests weaker than expected 2013 EPS. Positives included ~$460M in net debt reduction and nine additional long-term land rig contracts, but those were "overshadowed by operational shortfall."