Nabors Industries

NBR · NYSE

$80.01−$0.05 (−0.06%)TodayMarket closed ·
Prev close $80.06

About NBR

Nabors Industries Ltd. engages in the provision of off shore platform rigs. The firm operates in over 20 countries and provides drilling and drilling-related services for land-based and offshore oil and natural gas wells, with a fleet of rigs and drilling-related equipment. Its segments include U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Its RigCLOUD platform is an edge computing system designed to support workflow management, performance monitoring, and user-specific configurations. Its fleet includes over 284 actively marketed rigs for land-based drilling operations in the United States and various countries throughout the world and 26 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company provides performance tools, directional drilling services, tubular running services, and technologies for use on its own rig fleet and rigs operated by third parties.

Employees
13,900
Headquarters
Hamilton
Listed
Nov 3, 2005
Sector
Energy
Industry
Energy Equipment & Services
Website
nabors.com

Leadership

Nabors Industries executives
NameTitleSince
Anthony Petrello—1991
Miguel Rodriguez——
Mark Andrews——
John Yearwood——
Tanya Beder——
Anthony Chase——
James Crane——
John Kotts——
Michael Linn——
David Tudor——
William Conroy—2024

Revenue by product and region

Fiscal year ended Dec 31, 2022: $2.65B total revenue

By product

  • The operating segment of the entity engaged in drilling and rig services internationally (excluding Canada).$1.20B45.2%
  • Represents the information pertaining to U.S. segment.$1.10B41.5%
  • The information pertaining to drilling solutions segment.$243.35M9.2%
  • Represents information pertaining to Rig Technologies segment.$195.13M7.4%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Nabors Industries suppliers and customers
CompanyRelationshipCorrelation
McCoy Global MCB.TOSupplier0.60
Alaska Communications Systems Group, Inc. ALSKSupplier0.45
Anhui Yingliu ASupplier-0.88
Saudi Arabian OilSupplier and customer—
SpeedCast International Ltd SDA.AXSupplier—

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