secwatch.observer — SEC 8-K summary
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Issuer:     NABORS INDUSTRIES LTD (NBR)
CIK:        0001163739
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001104659-22-111203
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163739/000110465922111203/0001104659-22-111203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163739/000110465922111203/tm2228883d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-111203

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer