secwatch.observer — SEC 8-K summary
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Issuer:     NABORS INDUSTRIES LTD (NBR)
CIK:        0001163739
Form:       8-K
Filed at:   2024-07-23T23:59:59+00:00
Accession:  0001104659-24-081894
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nabors Q2 net loss narrows to $32M; revenue $735M; international rig count 84
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- Net loss of $32M ($4.29 diluted EPS) vs $34M loss ($4.54 EPS) in Q1.
- Adjusted EBITDA $218M, down from $221M Q1; Lower 48 avg rig count 69 (vs 72 Q1).
- International drilling avg rig count 84 (up 3 Q/Q); 19 rig deployments scheduled over 18 months.
- Placed $550M notes due 2031 to retire 2026 notes; next maturity mid-2027.
- Q3 guidance: Lower 48 avg rig ~70, daily margin $15,100-$15,200; full-year FCF target $100-$200M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1163739/000110465924081894/0001104659-24-081894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1163739/000110465924081894/tm2420005d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-081894

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