---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-111203"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2022-10-25T23:59:59+00:00"
generated_at: "2026-06-23T01:11:01.205975+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nabors Q3 revenues $694M (+10% QoQ); net loss narrows to $14M; adj. EBITDA $191M (+21%)

## Summary
- Q3 revenues $694M (+10% QoQ); net loss $14M ($1.80) vs. $83M loss ($9.41) in Q2.
- Adjusted EBITDA $191M (+21% QoQ); US Drilling adj. EBITDA $114.5M (+31%).
- Lower 48 daily margin $11,165 (+28% QoQ); leading-edge dayrates approaching $40,000.
- Net debt $2.16B, reduced $23M; Q3 AFFO $35M; FY22 FCF guidance >$100M.
- Q4 outlook: US rig count up 4-5, Lower 48 margin ~$13,500; Intl margin ~$14,900; capex $100-120M.

## SEC filing metadata
- accession: 0001104659-22-111203
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2022-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163739/000110465922111203/0001104659-22-111203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465922111203/tm2228883d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-111203
- JSON: https://secwatch.observer/filing/0001104659-22-111203.json
- Plain text: https://secwatch.observer/filing/0001104659-22-111203.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.