Nabors Industries Ltd.

59.33
-0.65 (-1.08%)
At close: Jan 29, 2025, 3:59 PM
59.18
-0.25%
After-hours Jan 29, 2025, 07:00 PM EST

Company Description

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells.

The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies.

It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software.

The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet.

In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment.

As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally.

Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

Nabors Industries Ltd.
Nabors Industries Ltd. logo
Country BM
IPO Date Feb 21, 1973
Industry Oil & Gas Drilling
Sector Energy
Employees 12,000
CEO Anthony G. Petrello J.D.

Contact Details

Address:
Crown House
Hamilton,
BM
Website https://www.nabors.com

Stock Details

Ticker Symbol NBR
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001163739
CUSIP Number G6359F137
ISIN Number BMG6359F1370
Employer ID 98-0363970
SIC Code 1381

Key Executives

Name Position
Anthony G. Petrello J.D. Chairman, President & Chief Executive Officer
William J. Restrepo Chief Financial Officer
Jade Strong Senior Vice President & Chief Administration Officer
Mark D. Andrews CA, CFA Corporate Secretary
Michael V. Csizmadia Senior Vice President, General Counsel & Chief Compliance Officer
Miguel Rodriguez Senior Vice President of Finance Operations
R. Clark Wood Vice President & Chief Accounting Officer
Siegfried Meissner President of Energy Transition & Industrial Automation
Subodh Saxena Senior Vice President of Canrig & Nabors Drilling Solutions
Travis Purvis Senior Vice President of Global Drilling Operations

Latest SEC Filings

Date Type Title
Jan 17, 2025 8-K Current Report
Jan 07, 2025 425 Filing
Jan 07, 2025 8-K Current Report
Jan 03, 2025 4 Filing
Jan 03, 2025 4 Filing
Dec 09, 2024 424B3 Filing
Dec 04, 2024 S-4/A [Amend] Filing
Nov 14, 2024 SC 13G Statement of acquisition of beneficial ownership b...
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial own...
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial own...