
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
Market Cap
$903.67M
P/E (TTM)
4.2
17.8
Dividend Yield
--
52W High
$69.20
52W Low
$23.27
52W Range
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)
NBR$3.12B
ACDC$1.96B
VTLE$1.90B
Gross Margin (Latest Quarter)
VTLE95.1%
67.1%
40.1%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| BORR | $1.07B | 15.6 | 7.3% | 58.4% |
| PUMP | $1.07B | -63.0 | -2.1% | 15.8% |
| PDS | $975.37M | 23.4 | 3.5% | 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%BeatForm 10-Q - Q2 2025
Period End: Jun 30, 2025|Filed: Aug 1, 2025|Revenue: $832.79M+13.3%|EPS: $-3.36-21.7%MissForm 10-Q - Q1 2025
Period End: Mar 31, 2025|Filed: May 9, 2025|Revenue: $736.19M+0.3%|EPS: $2.35-151.8%BeatForm 10-K - FY 2024
Period End: Dec 31, 2024|Filed: Feb 13, 2025|Revenue: $2.93B-2.5%|EPS: $-22.37-307.5%MissForm 10-Q - Q3 2024
Period End: Sep 30, 2024|Filed: Nov 1, 2024|Revenue: $731.81M-0.3%|EPS: $-6.06+13.3%MissForm 10-Q - Q2 2024
Period End: Jun 30, 2024|Filed: Jul 26, 2024|Revenue: $734.80M-4.2%|EPS: $-4.29-1483.9%MissForm 10-Q - Q1 2024
Period End: Mar 31, 2024|Filed: May 3, 2024|Revenue: $733.70M-5.8%|EPS: $-4.54-203.4%MissForm 10-K - FY 2023
Period End: Dec 31, 2023|Filed: Feb 12, 2024|Revenue: $3.01B+13.3%|EPS: $-5.49+86.5%Miss