Nabors Industries (STU:NBI1) Ending Cash Position : €675 Mil (As of Mar. 2024)

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What is Nabors Industries Ending Cash Position?

Nabors Industries's Ending Cash Position for the quarter that ended in Mar. 2024 was €675 Mil.

Nabors Industries's quarterly Ending Cash Position increased from Sep. 2023 (€757 Mil) to Dec. 2023 (€1,260 Mil) but then declined from Dec. 2023 (€1,260 Mil) to Mar. 2024 (€675 Mil).

Nabors Industries's annual Ending Cash Position declined from Dec. 2021 (€1,127 Mil) to Dec. 2022 (€696 Mil) but then increased from Dec. 2022 (€696 Mil) to Dec. 2023 (€1,260 Mil).

Nabors Industries Ending Cash Position Historical Data

The historical data trend for Nabors Industries's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Nabors Industries Ending Cash Position Chart

Nabors Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Ending Cash Position

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397.83

390.68

1,127.06

695.86

1,260.13

Nabors Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															711.27	480.59	756.67	1,260.13	675.07

Nabors Industries Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Nabors Industries's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	675.958	+	584.167
	=	1,260

Nabors Industries's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1264.247	+	-589.174
	=	675

Nabors Industries Ending Cash Position Related Terms

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Nabors Industries (STU:NBI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nabors Industries Ltd (STU:NBI1) » Definitions » Ending Cash Position

Comparable Companies

Traded in Other Exchanges

NBR:USA NBI1:Germany

Address

4 Par-la-Ville Road, Crown House, Second Floor, Hamilton, BMU, HM 08

Website

https://www.nabors.com

Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.

Nabors Industries (STU:NBI1) Headlines

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