Nabors Industries

Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the closing of the previously announced business combination between Nabors Energy Transition Corporation (“NETC”), the special purpose acquisition company (SPAC) sponsored by Nabors, and Vast Renewables Limited (“Vast”). The combined company now trades …

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to operating revenues of $779 million in the first quarter. The net income attributable to Nabors shareholders for the quarter was $5 million, compared to $49 million in the first …

Nabors Industries Ltd. issued the following statement today from Chairman, President and CEO Anthony G. Petrello regarding the entry into a business combination agreement between the special purpose acquisition company (SPAC) Nabors formed in 2021, Nabors Energy Transition Corporation (NYSE: NETC, NETC.U, NETC.WS), and Vast Pty Ltd (“Vast”): “We welcome …

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported fourth quarter 2022 operating revenues of $760 million, an increase of approximately 10%, compared to operating revenues of $694 million in the third quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $69 million, or …

Nabors Industries Ltd. (“Nabors” or the “Company”) (NYSE: NBR) today reported third quarter 2022 operating revenues of $694 million, an increase of approximately 10%, compared to operating revenues of $631 million in the second quarter of 2022. The net loss attributable to Nabors shareholders for the quarter was $14 million, or …

Nabors Industries Ltd. today reported second quarter 2022 operating revenues of $631 million, an increase of approximately 11%, compared to operating revenues of $569 million in the first quarter of 2022. The net loss from continuing operations attributable to Nabors shareholders for the quarter was $83 million, or $9.41 per …

Nabors Industries Ltd. closed, on January 21, 2022, a secured $350 million revolving credit facility maturing on January 21, 2026. The new credit facility replaces the Company’s 2018 Revolving Credit Facility, which would have matured on October 11, 2023. The new credit facility has several features not included in the …

Nabors Industries Ltd., a leading provider of advanced technology for the global energy industry, today announced elements of its energy transition strategy. A video summarizing Nabors’ energy transition efforts is also available. Addressing Decarbonization Pledges of the Oil and Gas Industry and Beyond Nabors and companies across the oil and gas …

Nabors Industries Ltd., a leading provider of advanced technology for the global energy industry, today announced its PACE®-R801 – the world’s first fully automated land drilling rig – has reached total depth on its first well, a horizontal well for ExxonMobil in the Permian Basin. Combining Nabors proprietary Smart Suite of automated …

Nabors Industries Ltd. today reported second quarter 2021 operating revenues of $489 million, compared to operating revenues of $461 million in the first quarter of 2021. The net loss from continuing operations attributable to Nabors common shareholders for the quarter was $196 million, or $26.59 per share. The second quarter …