{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-050401","form_type":"8-K","ticker":"NBR","cik":"0001163739","company_name":"NABORS INDUSTRIES LTD","filed_at":"2026-04-28T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.020855+00:00","generated_at":"2026-05-15T02:43:58.503821+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nabors Q1 net loss $15M on $784M revenue; Lower 48 rig count rises; debt cut to $2.1B","bullets":["Net loss of $15M (vs Q4 net income $10M) on operating revenues of $784M, up from $736M YoY.","Adjusted EBITDA $205M; Lower 48 avg rigs 65.3 (+9% QoQ); International avg 92.6 (+9% YoY).","Total debt reduced $386M since YE2024 to $2.1B; redeemed 2028 notes; next maturity $250M in 2029.","Q2 2026 guidance: Lower 48 rigs 67-68, International 93-95; adjusted FCF ~$10M.","SANAD deployed 15th newbuild rig in Saudi Arabia with 4 more scheduled in 2026; capex guided $730-$760M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-050401","json":"https://secwatch.observer/filing/0001104659-26-050401.json","markdown":"https://secwatch.observer/filing/0001104659-26-050401.md","text":"https://secwatch.observer/filing/0001104659-26-050401.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1163739/000110465926050401/0001104659-26-050401-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1163739/000110465926050401/tm2612942d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T02:43:58.503821+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":[{"claim_id":"40449157f7c99bc0c92ce97b25f989741b6a3705","claim":"NABORS INDUSTRIES LTD reported three months ended March 31, 2026 results: revenue $784 million, net income Net loss attributable to Nabors’ shareholders for the quarter was $15 million. Guidance reaffirmed.","evidence_excerpt":"Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported first quarter 2026 operating revenues of $784 million. Net loss attributable to Nabors’ shareholders for the quarter was $15 million, compared to net income of $10 million in the fourth quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1163739/000110465926050401/0001104659-26-050401-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended March 31, 2026"},{"label":"Revenue","value":"$784 million"},{"label":"Net income","value":"Net loss attributable to Nabors’ shareholders for the quarter was $15 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}