secwatch.observer — SEC 8-K summary
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Issuer:     NABORS INDUSTRIES LTD (NBR)
CIK:        0001163739
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001104659-24-011158
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nabors Q4 net loss narrows to $17M; adjusted EBITDA up 10% Q/Q; guides Q1 2024
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- Q4 net loss $17M ($2.70/dil share) vs loss of $49M ($6.26) in Q3.
- Q4 adjusted EBITDA $230M, up from $210M Q3; operating revenues $726M.
- Full-year 2023 op rev $3.0B (+13% YoY); adj EBITDA $915M (+29% YoY).
- Completed $650M senior notes due 2030; retired 2024 and 2025 maturities.
- Q1 2024 guidance: Lower 48 avg rig count 73-75, daily margin ~$15,300; Intl rig count +2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163739/000110465924011158/0001104659-24-011158-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163739/000110465924011158/tm244841d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-011158

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