Nabors Q2 2025: revenue $833M, adj. EBITDA $248M; SANAD awarded 5 newbuild rigs

NABORS INDUSTRIES LTD

2025-Q2 EPS reported -$1.01 revenue$1,568,974,000

Q2 rev $833M (+13% QoQ), net loss $31M (diluted EPS -$2.71) vs Q1 net income $33M (EPS $2.18, incl. $113M one-time gain).
Adj. EBITDA $248M (Q1 $206M); International Drilling $117.7M, U.S. Drilling $101.8M, Drilling Solutions $76.5M.
SANAD JV with Saudi Aramco awarded 4th tranche of 5 newbuild rigs (50-rig program); first rigs start 2026.
Parker Wellbore integration on track; targeted $40M cost synergies for 2025; Quail Tools outperformed expectations.
Q3 outlook: Lower 48 rig count 57-59, daily margin ~$13,300; int'l rig count 87-88, margin ~$17,900; capex $200-210M.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.