Nabors Industries Ltd - Company Profile

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Nabors Industries Ltd: Overview

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Nabors Industries Ltd (Nabors) is an oil and gas contract services provider that offers offshore platform work over and drilling rigs. It also provides directional drilling services, performance tools and innovative drilling technologies and drilling instrumentation and software to the world’s most significant oil and gas markets. Nabors offers a wide range of ancillary well-site services including engineering, transportation, disposal, construction, well logging, maintenance and other support services. The company through its subsidiaries manufactures and sells top drives, catwalks, draw works, wrenches and other drilling-related equipment for onshore and offshore drilling rigs. The company provides contract services to its clients located in the US, Canada, South America, Mexico, the Middle East, Russia, and Africa. Nabors Industries is headquartered in Hamilton, Bermuda.

 Gain a 360-degree view of Nabors Industries Ltd and make more informed decisions for your business Gain a 360-degree view of Nabors Industries Ltd and make more informed decisions for your business Find out more
Headquarters Bermuda
Address Crown House, 4 Par-La-Ville Road, Hamilton, HM08
Website www.nabors.com
Telephone 1 441 2921510
No of Employees 12,000
Industry Energy and Utilities
Ticker Symbol & Exchange NBR (NYSE)
Revenue (2023) $3.0B 13.3% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ 96.6% (2023 vs 2022)
Market Cap* $729.7M
Net Profit Margin (2023) XYZ 97.1% (2023 vs 2022)
* As of and is in US$
View Nabors Industries Ltd financials
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Nabors Industries Ltd premium industry data and analytics

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Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

3

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Nabors Industries Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Nabors Industries Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Top Drives Rig contract services ROCKIT
Rig instrumentation Fluid logistics services RIGWATCH
Directional drilling systems Drilling and Rig services Rigtelligent
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In January, the company announced the acquisition of MindMesh, an engineering technology firm.
2022 Financing Agreements In March, the company invested US$8 million investment in GA Drilling, a.s.
2021 Contracts/Agreements In October, the company and Chesapeake Energy Corporation entered into a contractual agreement as the preferred drilling contractor.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Nabors Industries Ltd Valaris Ltd Diamond Offshore Drilling Inc Basic Energy Services Inc Independence Contract Drilling Inc
Headquarters Bermuda Bermuda United States of America United States of America United States of America
City Hamilton Hamilton Houston Fort Worth Houston
State/Province - - Texas Texas Texas
No. of Employees 12,000 5,450 2,140 2,800 450
Entity Type Public Public Public Private Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Anthony G. Petrello Chief Executive Officer; President; Chairman Executive Board 2021 68
William Restrepo Chief Financial Officer Senior Management 2014 63
Jade Strong Senior Vice President; Chief Administrative Officer Senior Management - -
Michael Rasmuson Senior Vice President; Chief Compliance Officer; General Counsel Senior Management 2018 -
Yehya Altameimi Chief Executive Officer - Saudi Aramco Nabors Drilling Senior Management 2017 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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