{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-083832","form_type":"8-K","ticker":"NBR","cik":"0001163739","company_name":"NABORS INDUSTRIES LTD","filed_at":"2023-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.271692+00:00","generated_at":"2026-06-13T02:51:00.532766+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nabors Q2 2023: Revenue $767M, diluted EPS loss $0.31; Lower 48 weakness; Q3 guidance soft","bullets":["Operating revenues $767M (down 1.5% from $779M Q1); net income $5M (down from $49M); diluted EPS -$0.31 vs $4.11 prior.","Adjusted EBITDA $235M (down from $240M Q1). U.S. Drilling $141.4M, Intl $98.3M, Drilling Solutions $32.8M, Rig Tech $6.4M.","Lower 48 average rig count 82; daily adjusted gross margin $16,890 (up $200). Q3 outlook: 74-76 rigs, margin ~$16,000.","Adjusted free cash flow $27M; capex $152M ($66M for Saudi newbuilds). Net debt $2.074B.","Q3 2023 adj free cash flow guidance ~$80M, full year $300-350M. Lower 48 oil-drilling decline worse than anticipated."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-083832","json":"https://secwatch.observer/filing/0001104659-23-083832.json","markdown":"https://secwatch.observer/filing/0001104659-23-083832.md","text":"https://secwatch.observer/filing/0001104659-23-083832.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923083832/0001104659-23-083832-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923083832/tm2321906d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:51:00.532766+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ff391a0e7d1daef6900bfe3000914c758214fd63","claim":"NABORS INDUSTRIES LTD reported second quarter 2023 results: revenue $767 million, net income $5 million, EPS a loss of $0.31 per diluted share.","evidence_excerpt":"Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to operating revenues of $779 million in the first quarter. The net income attributable to Nabors shareholders for the quarter was $5 million, compared to $49 million in the first quarter. This equates to a loss of $0.31 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465923083832/0001104659-23-083832-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$767 million"},{"label":"Net income","value":"$5 million"},{"label":"EPS","value":"a loss of $0.31 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}