---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-110616"
form_type: "8-K"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2024-10-22T23:59:59+00:00"
generated_at: "2026-05-30T11:29:07.192770+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nabors Q3 net loss $56M, announces acquisition of Parker Wellbore for stock + $100M debt

## Summary
- Q3 revenues $732M, net loss $56M ($6.86/diluted share), adjusted EBITDA $222M.
- Acquires Parker Wellbore for 4.8M Nabors shares (collar) + ~$100M net debt; Parker expects $180M EBITDA in 2024.
- Nabors targets $35M annual synergies within 12 months of closing.
- International Drilling adj. EBITDA $116M, daily margin $17,085; U.S. Drilling adj. EBITDA $108.7M, daily margin $15,051.
- FY24 capex forecast $600M; adjusted free cash flow guidance $100-130M.

## SEC filing metadata
- accession: 0001104659-24-110616
- form_type: 8-K
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2024-10-22T23:59:59+00:00
- event_type: m_and_a
- 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/1163739/000110465924110616/0001104659-24-110616-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465924110616/tm2426584d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-110616
- JSON: https://secwatch.observer/filing/0001104659-24-110616.json
- Plain text: https://secwatch.observer/filing/0001104659-24-110616.txt

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