logo
Twitter
Discord
Email
logo
Nabors Industries Ltd.

Nabors Industries Ltd.

NYSE•NBR
CEO: Mr. Anthony G. Petrello J.D.
Sector: Energy
Industry: Oil & Gas Drilling
Listing Date: 1973-02-21
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
Contact Information
Crown House, Second Floor 4 Par-la-Ville Road, Hamilton, HM 08, Bermuda
441-292-1510
www.nabors.com
Market Cap
$903.67M
P/E (TTM)
4.2
17.8
Dividend Yield
--
52W High
$69.20
52W Low
$23.27
52W Range
84%
Rank58Top 85.6%
2.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$818.19M+11.80%
4-Quarter Trend

EPS

$18.25-401.15%
4-Quarter Trend

FCF

-$2.14M-113.61%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Income Rebounds Strongly Net income attributable to Nabors $276.3 M (9 months), reversing prior $122.4 M loss. Driven by acquisition gains.
Drilling Solutions Revenue Surges Drilling Solutions revenue grew 70% to $405.4 M (9 months), fueled by acquired Parker operations integration.
Significant Bargain Purchase Gain Recognized $116.5 M bargain purchase gain from Parker acquisition in Q1 2025, boosting current period results.
Strong Operating Cash Generation Cash provided by operating activities totaled $447.4 M for nine months, slightly up from $432.5 M last year.

Risk Factors

Russia Asset Impairment Recognized Recognized $26.5 M impairment charges related to International Drilling assets located in Russia during nine months 2025.
Credit Covenant Compliance Exposure Failure to meet interest coverage ratio (4.05:1.00 currently) or guarantor value could trigger debt acceleration.
Oil Price Volatility Risk Demand for services tied to oil/gas prices; sustained depressed prices materially affect operations and cash flows.

Outlook

Parker Integration Realization Expected Focus remains on realizing expected benefits and synergies from the Parker Drilling Company merger completed in March 2025.
Liquidity Sufficient for 12 Months Current cash, A/R facility, and projected operations expected to fund commitments and CapEx for next 12 months.
Capital Markets Expected Loosening Expect capital markets to loosen following anticipated rate cuts beginning late 2024 and continuing into 2025.

Peer Comparison

Revenue (TTM)

Nabors Industries Ltd.NBR
$3.12B
+6.5%
ProFrac Holding Corp.ACDC
$1.96B
-11.9%
Vital Energy, Inc.VTLE
$1.90B
+1.9%

Gross Margin (Latest Quarter)

Vital Energy, Inc.VTLE
95.1%
+4.5pp
Riley Exploration Permian, Inc.REPX
67.1%
+12.3pp
Borr Drilling LimitedBORR
40.1%
-46.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BORR$1.07B15.67.3%58.4%
PUMP$1.07B-63.0-2.1%15.8%
PDS$975.37M23.43.5%26.9%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.9%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 11, 2026
|
EPS:-$3.11
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Oct 31, 2025|
    Revenue: $818.19M+11.8%
    |
    EPS: $18.25-401.2%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 1, 2025|
    Revenue: $832.79M+13.3%
    |
    EPS: $-3.36-21.7%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 9, 2025|
    Revenue: $736.19M+0.3%
    |
    EPS: $2.35-151.8%
    Beat
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 13, 2025|
    Revenue: $2.93B-2.5%
    |
    EPS: $-22.37-307.5%
    Miss
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 1, 2024|
    Revenue: $731.81M-0.3%
    |
    EPS: $-6.06+13.3%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Jul 26, 2024|
    Revenue: $734.80M-4.2%
    |
    EPS: $-4.29-1483.9%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $733.70M-5.8%
    |
    EPS: $-4.54-203.4%
    Miss
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 12, 2024|
    Revenue: $3.01B+13.3%
    |
    EPS: $-5.49+86.5%
    Miss