{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-041336","form_type":"8-K","ticker":"NBR","cik":"0001163739","company_name":"NABORS INDUSTRIES LTD","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.676103+00:00","generated_at":"2026-05-23T03:28:20.278171+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nabors Q1 net income $33M ($2.18/diluted EPS); completes Parker Wellbore acquisition; provides Q2 outlook","bullets":["Q1 operating revenues $736M, net income $33M vs Q4 loss $54M; adjusted EBITDA $206M vs $221M Q4; includes $113M Parker gain and $28.6M Russia wind-down charges.","Completed Parker Wellbore acquisition in March; expected to add $130M incremental 2025 adjusted EBITDA and $40M cost synergies.","International Drilling adjusted EBITDA $115.5M, daily margin $17,421; U.S. Drilling $92.7M with Lower 48 rig count averaging 61 (vs 66 Q4) and daily margin $14,276.","Q2 outlook: Lower 48 rigs 63-64, international rigs 85-86, Drilling Solutions EBITDA ~$75M; full-year capex $770-780M.","Adjusted free cash flow use of $71M in Q1; target $80M for 2025 excluding tariff impacts ($10-20M estimated)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-041336","json":"https://secwatch.observer/filing/0001104659-25-041336.json","markdown":"https://secwatch.observer/filing/0001104659-25-041336.md","text":"https://secwatch.observer/filing/0001104659-25-041336.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163739/000110465925041336/0001104659-25-041336-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163739/000110465925041336/tm2513359d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:28:20.278171+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}