July 30 (Reuters) - Nabors Industries Ltd (NYSE:NBR) NBR.N :
* NABORS ANNOUNCES SECOND QUARTER 2019 RESULTS
* Q2 REVENUE $771 MILLION VERSUS REFINITIV IBES ESTIMATE OF $801 MILLION
* Q2 LOSS PER SHARE $0.61
* Q2 EARNINGS PER SHARE ESTIMATE $-0.23 -- REFINITIV IBES DATA
* CONTINUE TO TARGET $400 MILLION IN CAPITAL SPENDING FOR FULL YEAR 2019
* EXPECT TO DELIVER IN EXCESS OF $200 MILLION IN NET DEBT REDUCTION DURING FULL YEAR 2019
* RIG COUNT IN CANADA IS EXPECTED TO APPROACH 15 RIGS IN Q4
* QUARTER WAS MARKED BY CONTINUED GRADUAL SOFTENING OF DRILLING ACTIVITY IN LOWER 48 AND A MORE POSITIVE OUTLOOK INTERNATIONALLY
* "ON A CONSOLIDATED BASIS WE EXPECT OUR ADJUSTED EBITDA TO CONTINUE IMPROVING OVER FOLLOWING QUARTERS"
* ANTICIPATE A Q3 IMPROVEMENT IN CANADA AS SEASONAL ACTIVITY RECOVERS
* NABORS INDUSTRIES - EXPECT AVERAGE INTERNATIONAL RIG COUNT TO REMAIN FLAT SEQUENTIALLY, WITH POTENTIAL FOR 3 RIG INCREASE LATE IN Q3, BENEFITTING Q4