For the fourth quarter 2015, Nabors booked a net loss of $161.1 million (57 cents per share) on revenue of $739 million, compared to a net loss of $250.9 million on revenue of $848 million in the third quarter of 2015.

For the year, the drilling giant posted a net loss of $329.5 million ($1.14 per share) on revenue of $3.86