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Nabors Industries Won't Restore Investor Confidence After Another Poor Quarter

TheMotleyFool

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Nabors Industries Won't Restore Investor Confidence After Another Poor Quarter

2017 has been a brutal year for Nabors Industries (NYSE: NBR) stock. Sure, drilling activity hasn't been particularly robust, but the company hasn't done much to make the best of the situation as it continues to add debt and post worse-than-expected losses. This past quarter was no different as the company failed to meet expectations.

Here's a look at Nabors' most recent results and what the company could do to pull itself out of this funk.

Image source: Getty Images.

Source: Fool.com