Highest-materiality recent filing
Nabors Q1 net loss $15M on $784M revenue; Lower 48 rig count rises; debt cut to $2.1B
Net loss of $15M (vs Q4 net income $10M) on operating revenues of $784M, up from $736M YoY.
Nabors Q4 2025 revenue $798M; net income $10M; reduces net debt by $554M since YE 2024
Operating revenues $798M vs $818M Q3; net income $10M ($0.17 diluted EPS) vs $274M in Q3 (incl. $314M Quail gain).
Nabors redeems $379M 7.5% Senior Notes due 2028; net debt cut ~$366M in Q4 2025
Full redemption of $379M 7.500% Senior Guaranteed Notes due 2028 at par on Jan 15, 2026.
Nabors Industries closes $700M notes offering; proceeds to retire 2027 notes
Issued $700M of 7.625% Senior Priority Guaranteed Notes due Nov 15, 2032.
Nabors prices $700M senior notes at 7.625% due 2032; upsized from $550M launch
Upsized offering raised to $700M from initial $550M; 7.625% rate, due 2032.
Nabors Q3 net income $274M from Quail sale; debt reduced $330M, interest savings ~$45M/year
Net income $274M ($16.85 EPS) vs Q2 loss $31M; includes $314M one-time gain on Quail Tools sale.
Nabors sells Quail Tools to Superior Energy for $600M; net debt to drop >25%
Consideration: $375M cash plus $250M seller note bearing interest at 7.5%-10%; transaction closed Aug 20.
Nabors Q2 2025: revenue $833M, adj. EBITDA $248M; SANAD awarded 5 newbuild rigs
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).
Nabors completes Parker Drilling acquisition; provides audited 2024 financials
Acquired Parker Drilling on March 11, 2025 for 4.8M shares (subject to collar) plus debt assumption and up to $34M expenses.
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.
Nabors closes Parker Drilling acquisition; expects $150M adjusted EBITDA, $40M synergies
Merger consideration: up to 4.8M Nabors shares plus $562K cash for Parker stockholders.
Nabors reports Q4 loss of $6.67/share; revenue $730M; Parker merger on track
Q4 net loss attributable to Nabors shareholders $54M ($6.67 diluted EPS); adjusted EBITDA $221M; revenue $730M.
Nabors shareholders approve share issuance for Parker Drilling merger
Special general meeting held Jan 17, 2025; quorum 70.49% of outstanding shares.
Nabors received 13 demand letters from putative shareholders alleging deficient merger disclosures; company believes letters are without merit.
Nabors Q3 net loss $56M, announces acquisition of Parker Wellbore for stock + $100M debt
Q3 revenues $732M, net loss $56M ($6.86/diluted share), adjusted EBITDA $222M.
Nabors to acquire Parker Wellbore for 4.8M shares; expected to boost free cash flow and leverage
Nabors will issue 4.8M shares (subject to collar between $42.70 and $99.62) for all Parker common stock.
Nabors Q2 net loss narrows to $32M; revenue $735M; international rig count 84
Net loss of $32M ($4.29 diluted EPS) vs $34M loss ($4.54 EPS) in Q1.
Nabors closes $550M 8.875% notes offering to refinance 2026 notes
Net proceeds ~$540.7M; used to redeem $555.9M of 7.25% Senior Guaranteed Notes due 2026.
Nabors amends credit facility, upsizes to $475M, extends maturity to 2029
New $475M secured facility: $350M revolver + $125M letter of credit tranche (standalone).
Nabors Q1 revenue $734M; net loss $34M ($4.54/sh); international awards boost outlook
Operating revenue $734M (Q4: $726M); net loss attributable $34M ($4.54/diluted) vs $17M ($2.70) Q4.
William Restrepo, the Company’s Chief Financial Officer, will transition from his role and retire as Chief Financial Officer on September 30, 2025.
it is expected that Miguel Rodriguez, Nabors' Senior Vice President of Finance Operations, will transition into the role of the Company’s Chief Financial Officer, upon Mr. Restrepo’s retirement on September 30, 2025.
Max materiality 0.85 · Median 0.60 · Most common event earnings