Earnings summaries and quarterly performance for NABORS INDUSTRIES.
Executive leadership at NABORS INDUSTRIES.
Board of directors at NABORS INDUSTRIES.
Research analysts who have asked questions during NABORS INDUSTRIES earnings calls.
KM
Keith MacKey
RBC Capital Markets
7 questions for NBR
Also covers: AESI, EFXT, HAL +5 more
JD
John Daniel
Daniel Energy Partners
5 questions for NBR
Also covers: ACDC, CLB, CVEO +19 more
Waqar Syed
ATB Capital Markets
5 questions for NBR
Also covers: FTI, HP, LBRT +5 more
GH
Grant Hynes
JPMorgan Chase & Co.
4 questions for NBR
Also covers: HP, LBRT, NESR +4 more
JL
Jeff LeBlanc
TPH&Co.
4 questions for NBR
Also covers: AESI, HP, LBRT +3 more
MS
Michael Smaller
Susquehanna Financial Group, LLLP
3 questions for NBR
AJ
Arun Jayaram
JPMorgan Chase & Co.
2 questions for NBR
Also covers: APA, AR, BKR +33 more
Daniel Kutz
Morgan Stanley
2 questions for NBR
Also covers: ACDC, BORR, HP +9 more
AJ
Arun Jaryan
JPMorgan Chase & Co.
1 question for NBR
David Smith
Truist Securities
1 question for NBR
Also covers: AESI, BK, CLB +20 more
JL
Jeffrey LeBlanc
Tudor, Pickering, Holt & Co.
1 question for NBR
Also covers: HP, LBRT, PTEN +2 more
KH
Kurt Hallead
The Benchmark Company
1 question for NBR
Also covers: AESI, BKR, FTI +14 more
SG
Scott Gruber
Citigroup
1 question for NBR
Also covers: APA, BKR, BKV +24 more
Recent press releases and 8-K filings for NBR.
Sage Geosystems Raises Over $97 Million in Series B Funding
NBR
New Projects/Investments
- Sage Geosystems closed over $97 million in Series B funding to advance its geothermal power generation and energy storage solutions, including its first commercial next-generation geothermal power generation facility.
- Ormat Technologies and Carbon Direct Capital co-led Sage's Series B round.
- Sage will deploy its first commercial Pressure Geothermal power generation facility at an existing Ormat power plant.
- In August 2024, Sage announced a partnership with Meta to deliver up to 150 MW of new geothermal baseload power.
8 days ago
Nabors Industries Announces Redemption of Senior Notes and Q4 2025 Net Debt Reduction
NBR
Debt Issuance
- Nabors Industries Ltd. (NBR) completed the full redemption of its 7.500% Senior Guaranteed Notes due 2028, with a face value of approximately $379 million, on January 15, 2026.
- As of December 31, 2025, the company reported net debt of approximately $1.55 billion, reflecting a reduction of approximately $366 million during the fourth quarter of 2025.
- Following the redemption, long-term debt stands at approximately $2.15 billion, and the company's next debt maturity has been extended to 2029.
Jan 15, 2026, 9:21 PM
Nabors Redeems Senior Notes and Reports Significant Debt Reduction
NBR
- Nabors Industries Ltd. completed the full redemption of its outstanding $379 million 7.500% Senior Guaranteed Notes due 2028 on January 15, 2026.
- As of December 31, 2025, the company's net debt was approximately $1.55 billion, reflecting a reduction of approximately $366 million during the fourth quarter of 2025 and $550 million since December 31, 2024.
- This reduction brought Nabors' net leverage to its lowest level since 2008.
- Following the redemption, long-term debt stands at approximately $2.15 billion, and the weighted average maturity on outstanding debt increased to 5.3 years from 3.7 years as of September 30, 2025, with the next debt maturity occurring in 2029.
Jan 15, 2026, 9:15 PM
Nabors comments on credit rating upgrades
NBR
Debt Issuance
- Nabors Industries Ltd. received upgrades to its credit ratings from S&P Global Ratings and Fitch Ratings, coinciding with its recent offering of Senior Preferred Guaranteed Notes (SPGN).
- S&P Global Ratings revised Nabors' issuer credit rating to 'B' from 'B-' with a stable outlook and assigned a 'B+' rating to the newly issued SPGN.
- Fitch Ratings upgraded Nabors' Long Term Issuer Default Rating to 'B' from 'B-' with a Stable outlook and assigned a 'BB-' rating to the newly issued SPGN.
- Moody's Investors Service assigned a 'Ba3' rating to Nabors' recent SPGN issue, which is in-line with its rating on existing SPGN.
- Nabors' Chairman, CEO, and President, Anthony G. Petrello, commented that these actions underscore the company's progress in delevering and strengthening its balance sheet.
Nov 4, 2025, 11:41 PM
Nabors Industries Prices $700 Million Senior Priority Guaranteed Notes
NBR
Debt Issuance
- Nabors Industries, Inc. (NII) priced $700 million in senior priority guaranteed notes due 2032, an increase from the previously announced $550 million.
- The notes will bear an annual interest rate of 7.625% and are offered at 100.0% of par.
- The offering is expected to close on November 10, 2025, and is anticipated to generate approximately $690.2 million in net proceeds.
- Nabors intends to use the net proceeds primarily to redeem $546.1 million of NII's outstanding 7.375% Senior Priority Guaranteed Notes due 2027, with the remaining funds allocated to general corporate purposes.
Nov 4, 2025, 11:35 PM
Nabors Industries Prices $700 Million Senior Priority Guaranteed Notes
NBR
Debt Issuance
New Projects/Investments
- Nabors Industries, Inc. (NII), an indirect wholly-owned subsidiary of Nabors Industries Ltd., priced $700 million aggregate principal amount of 7.625% Senior Priority Guaranteed Notes due 2032 on November 4, 2025.
- This offering was upsized from the initially announced $550 million.
- The Notes will be fully and unconditionally guaranteed by Nabors and certain indirect wholly-owned subsidiaries.
- Nabors intends to use the net proceeds, estimated at approximately $690.2 million, primarily to redeem NII's outstanding $546.1 million aggregate principal amount of 7.375% Senior Priority Guaranteed Notes due 2027.
- The sale of the Notes is expected to close on November 10, 2025, with any remaining net proceeds allocated for general corporate purposes.
Nov 4, 2025, 11:19 PM
Nabors Announces Offering of Senior Priority Guaranteed Notes
NBR
Debt Issuance
- Nabors Industries Ltd. (NBR) announced an offering of $550 million senior priority guaranteed notes due 2032 by its indirect wholly-owned subsidiary, Nabors Industries, Inc. (NII).
- The net proceeds from this offering, along with cash on hand, are intended to redeem NII's outstanding 7.375% Senior Priority Guaranteed Notes due 2027.
- As of the announcement date, approximately $546.1 million in aggregate principal of the 2027 notes is outstanding.
- The new notes will be senior unsecured obligations of NII and will be fully and unconditionally guaranteed by Nabors and certain of its indirect wholly-owned subsidiaries.
Nov 4, 2025, 1:13 PM
Nabors Reports Q3 2025 Results and Completes Quail Tools Divestiture
NBR
Earnings
M&A
Guidance Update
- Nabors reported Q3 2025 adjusted EBITDA of $236,000,000 and consolidated revenue of $818,200,000, with International Drilling revenue growing 5.8% sequentially.
- The company completed the sale of Quail Tools for a total consideration of $625,000,000, utilizing the proceeds to reduce debt by approximately $330,000,000 in Q3. This resulted in pro forma net debt of approximately $1,700,000,000, the lowest in over ten years.
- For the full year 2025, adjusted free cash flow is expected to be breakeven, and revised capital expenditures are projected between $715,000,000 and $725,000,000.
- International operations continue to expand, highlighted by SANNAD in Saudi Arabia discussing a fifth tranche of newbuild rigs, and the company maintains a constructive outlook for natural gas markets.
Oct 29, 2025, 3:00 PM
Nabors Industries Reports Q3 2025 Earnings, Highlights Debt Reduction and Strategic Transactions
NBR
Earnings
M&A
Debt Issuance
- Nabors Industries reported net income of $302.466 million and Adjusted EBITDA of $236.308 million for the third quarter of 2025.
- The company significantly reduced its debt, with net debt decreasing to $1.920 billion as of September 30, 2025, and a proforma net debt of $1.670 billion after a $250 million cash receipt in Q4 2025 from the sale of Quail Tools. This was supported by the divestiture of Quail Tools for $625 million in Q3 2025.
- Strategic initiatives in 2025 included the acquisition of Parker Wellbore in late Q1, projected to deliver over $70 million in run-rate adjusted EBITDA by Q4 2025, alongside the Quail Tools divestiture.
- Operational highlights for Q3 2025 include International Drilling achieving a daily adjusted gross margin of >$17,900, and Drilling Solutions contributing 21% of total adjusted EBITDA from operations with an adjusted gross margin of ~51%.
Oct 29, 2025, 3:00 PM
Nabors Industries Ltd. Reports Strong Q3 2025 Results Driven by Quail Tools Disposition
NBR
Earnings
M&A
Guidance Update
- Nabors Industries Ltd. reported Q3 2025 operating revenues of $818 million and net income attributable to shareholders of $274 million, equating to $16.85 per diluted share.
- These results were significantly impacted by a one-time, after-tax gain of $314 million from the disposition of Quail Tools for a total consideration of $625 million.
- The company utilized sale proceeds to reduce gross debt by approximately $330 million, including repaying outstanding borrowings under its revolving credit facility and redeeming $150 million of notes due in 2027, which is projected to decrease annual interest expense by approximately $45 million.
- Adjusted EBITDA for Q3 2025 was $236 million, with the International Drilling segment contributing $127.6 million, an increase from the prior quarter.
- For Q4 2025, Nabors anticipates adjusted free cash flow of approximately $10 million, an International average rig count of approximately 91 rigs, and International daily adjusted gross margin of approximately $18,100 - $18,200.
Oct 28, 2025, 8:33 PM
Quarterly earnings call transcripts for NABORS INDUSTRIES.
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