Nabors Industries Ltd - Company Profile
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Nabors Industries Ltd. (Nabors) is engaged in providing advanced technology solutions for the energy industry. The company's main activities include owning and operating a large fleet of land-based and offshore drilling rigs. Nabors offers products and services such as drilling technology, directional drilling operations, and drilling instrumentation and software. The company serves customers in the hydrocarbon production sector, providing solutions for safe and efficient drilling operations. Nabors operates through a global network, deploying its technology and equipment across various international markets. 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.
Headquarters
Bermuda
Address
Crown House, 4 Par-La-Ville Road, Hamilton, HM08
Website
www.nabors.com
Telephone
1 441 2921510
No of Employees
13,900
Industry
Energy and Utilities
Ticker Symbol & Exchange
NBR (NYSE)
Revenue (2024)
$3.2B
8.7%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
262.8%
(2024 vs 2023)
Market Cap*
$1.2B
Net Profit Margin (2024)
XYZ
249.8%
(2024 vs 2023)
* As of and is in US$
Nabors Industries Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Rig Reporting Software | Rig Contract Services | REVit |
| Rig Instrumentation | Fluid Logistics Services | ROCKIT |
| Top Drives | Engineering | RIGWATCH |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Divestiture | In August, the company sold Quail Tools LLC to Superior Energy Services for US$600 million. |
| 2025 | Acquisitions/Mergers/Takeovers | In March, the company acquired Parker Wellbore for US$472 million. |
| 2024 | Contracts/Agreements | In October, the company signed an agreement to acquire Parker Wellbore. |
Competitor Comparison
| Key Parameters | Nabors Industries Ltd | Slb NV | Baker Hughes Co | Halliburton Co | NOV Inc |
|---|---|---|---|---|---|
| Headquarters | Bermuda | United States of America | United States of America | United States of America | United States of America |
| City | Hamilton | Houston | Houston | Houston | Houston |
| State/Province | - | Texas | Texas | Texas | Texas |
| No. of Employees | 13,900 | 109,000 | 53,000 | 46,000 | 31,605 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Anthony G. Petrello | Chief Executive Officer; Chairman; President | Executive Board | 2011 | 70 |
| William J. Restrepo | Chief Financial Officer | Senior Management | 2014 | 65 |
| Jade Strong | Senior Vice President; Chief Administrative Officer | Senior Management | - | - |
| Michael Csizmadia | Chief Compliance Officer; General Counsel | Senior Management | - | - |
| Miguel Sanchez | Chief Executive Officer - SANAD | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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