76.94
+5.11%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Nabors Industries
From its filings with the US Securities and Exchange Commission
Nabors Industries is based in Hamilton, Hm08, Bermuda and is incorporated in Bermuda. Its shares trade on NYSE under the ticker NBR. The SEC classifies its business as drilling oil & gas wells. In the fiscal year to 31 December 2025, it reported revenue of $3.18bn and net income of $286.6m. At that date it held total assets of $4.79bn and shareholders' equity of $590.7m.
Nabors owns and operates one of the world’s largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and numerous international markets. Nabors also supplies performance software, tubular running services, managed pressure drilling services and innovative technologies for both its own rig fleet and those operated by third parties. In addition, Nabors manufactures advanced drilling equipment and provides drilling rig instrumentation. Also, Nabors has developed a portfolio of technologies designed to drive energy efficiency and emissions reductions for both itself and third-party customers. One key component of Nabors’ strategy is to seamlessly integrate downhole hardware, surface equipment and software solutions into rig designs that drive industry-leading performance and increasing efficiencies. A second component is to leverage advanced drilling automation capabilities to set new standards for operational excellence and transform the industry.
Average rigs working represents a measure of the number of equivalent rigs operating during a given period. For example, one rig operating 182.5 days during a 365-day period represents 0.5 average rigs working.
Quoted from its 10-K, filed 13 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Energy
- Industry
- Energy Equipment & Services
- Listed since
- 3 Nov 2005
- Employees
- 13,900
- Website
- nabors.com ↗
- Head office
- CROWN HOUSE, HAMILTON, HM08, D0, 0000
- Incorporated in
- D0
- Classification
- Drilling Oil & Gas Wells
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Anthony PetrelloExecutive Chairman of the Board, President, Chief Executive Officer, since 1991$12.1m
- Mr. Miguel RodriguezChief Financial Officer
- Mr. Mark AndrewsCorporate Secretary$927,497
- Mr. John YearwoodLead Independent Director$493,971
- Ms. Tanya BederIndependent Director$478,971
- Mr. Anthony ChaseIndependent Director$703,971
- Mr. James CraneIndependent Director$443,971
- Mr. John KottsIndependent Director$419,971
- Mr. Michael LinnIndependent Director$389,971
- Mr. David TudorIndependent Director
- Mr. William ConroyPresident - Corporate Development and Investor Relations, since 2024
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 84
- Environment
- 95
- Social
- 70
- Governance
- 86
- Direct emissions (scope 1)
- 1,076,353 t
- Energy emissions (scope 2)
- 17,285 t
- Value chain emissions (scope 3)
- 191,544.47 t
- Women in the workforce
- 8%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Nabors Industries Ltd has established a strong global presence, with operations in various countries. This allows the company to tap into different markets and diversify its revenue streams.
- The company boasts an extensive fleet of drilling rigs, which enables it to meet the demands of its clients efficiently. This wide range of equipment provides Nabors with a competitive edge in the industry.
Weaknesses
- As a provider of drilling services to the oil and gas industry, Nabors Industries Ltd is highly dependent on the performance of this sector. Any downturn or volatility in the industry could have a significant negative impact on the company's financials.
- Nabors Industries Ltd requires substantial capital expenditure to maintain and upgrade its fleet of drilling rigs. This puts financial strain on the company, especially during periods of economic uncertainty.
Opportunities
- Nabors Industries Ltd can explore opportunities for expansion into emerging markets, where the demand for drilling services is growing. This would diversify the company's portfolio and potentially increase its market share.
- With the global shift towards renewable energy sources, Nabors Industries Ltd can invest in developing capabilities in this sector. The company can leverage its expertise to offer drilling services for renewable energy projects, such as offshore wind farms.
Threats
- The drilling services industry is highly competitive, with numerous players vying for market share. Nabors Industries Ltd faces the threat of increased competition from both existing and new entrants, which may impact its profitability.
- Nabors Industries Ltd operates within a complex regulatory environment, subject to strict safety and environmental standards. Any non-compliance with these regulations can result in penalties and damage the company's reputation.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.