Nabors Industries

Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower 48 states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses on maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment consists of Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Nabors reports strong Q1 earnings, focuses on sustainability and growth

Nabors' Q1 2023 earnings call showcased strong financial performance, notable achievements in capital structure and sustainability, while also addressing challenges related to commodity price volatility. The company is optimistic about increasing activity across markets in the second half of the year and aims for year-over-year improvements in financial results.

Nabors Industries reports mixed Q2 performance, eyes international opportunities

Nabors Industries reported a mixed performance in Q2, with challenges in the Lower 48 market but strong results in the Drilling Solutions and international drilling businesses. The company is navigating market fluctuations and capitalizing on opportunities in energy transition and international markets.

Nabors Industries reports decline in Q3 earnings, eyes international growth

Nabors Industries reported a decline in adjusted EBITDA due to reduced drilling activity and challenges in Saudi Arabia. Despite this, the company sees significant growth opportunities in the International segment and aims to grow profitably through technology adoption. Challenges in Saudi Arabia have impacted financial results, but the company remains optimistic about future prospects.

Nabors Industries exceeds Q4 expectations, faces international market challenges

Nabors Industries delivered strong financial performance in Q4 2023, driven by improved margins and revenue growth. The company faces challenges related to market rate churn, international market risks, and ongoing negotiations impacting guidance. However, it is well-positioned to capitalize on growth opportunities presented by Aramco's awards and SANAD's expansion.

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Nabors Industries Ltd. engages in the provision of off shore platform rigs. It also provides performance tools, directional drilling services, tubular running services, and technologies for its own rig fleet and those operated by third parties. It manufactures drilling equipment and drilling rig instrumentation. It operates through the following business segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada Drilling segment operates in land-based drilling rigs in Canada. The International Drilling segment focuses on maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as proprietary drilling-bit steering systems and rig instrumentation software. The Rig Technologies segment refers to the Canrig, which manufactures and sells top drives, catwalks, wrenches, draw works, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

Nabors Industries Ltd. (NBR) CEO Tony Petrello on Q1 2019 Results - Earnings Call Transcript

Nabors (NBR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Nabors (NBR) Up 3% Since Last Earnings Report: Can It Continue?

In Q4 2018, Nabors' top line remained steady compared to Q3 2018, while its bottom line deteriorated.

Nabors Industries Looks To Clear Path For A Recovery

News for Nabors Industries Stock (NBR)