---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-051646"
form_type: "8-K/A"
ticker: "NBR"
cik: "0001163739"
company_name: "NABORS INDUSTRIES LTD"
filed_at: "2025-05-21T23:59:59+00:00"
generated_at: "2026-05-20T22:13:28.889390+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nabors completes Parker Drilling acquisition; provides audited 2024 financials

## Summary
- Acquired Parker Drilling on March 11, 2025 for 4.8M shares (subject to collar) plus debt assumption and up to $34M expenses.
- Parker 2024 revenue $598M, net income $27.9M; 2023 revenue $587M, net income $115.8M (including $67.9M deferred tax benefit).
- Parker's total assets $711.8M, equity $381.6M as of Dec 31, 2024; operates rental tools and drilling services globally.
- Filing includes unaudited pro forma combined financials for Nabors for year ended Dec 31, 2024.

## SEC filing metadata
- accession: 0001104659-25-051646
- form_type: 8-K/A
- ticker: NBR
- cik: 0001163739
- company_name: NABORS INDUSTRIES LTD
- filed_at: 2025-05-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1163739/000110465925051646/0001104659-25-051646-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1163739/000110465925051646/tm2513359d2_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-051646
- JSON: https://secwatch.observer/filing/0001104659-25-051646.json
- Plain text: https://secwatch.observer/filing/0001104659-25-051646.txt

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