Acquiring Company
Nabors Industries
Acquired Company
Parker Wellbore
HoustonHoustonManufacturingEnergyOil And GasRenewable EnergyEnergyOil And GasConstructionDescription
Nabors Industries Ltd. has successfully completed its acquisition of Parker Wellbore, reinforcing its leadership in the drilling sector. This strategic move is expected to generate significant financial benefits, with anticipated adjusted EBITDA of approximately $150 million for 2025. The acquisition will enhance Nabors' drilling solutions while integrating Parker's robust operational capabilities into its global network.
Quick answer
Nabors Industries is acquiring Parker Wellbore, announced March 12, 2025. Nabors Industries is based in Houston, Texas, United States.
- How much did Nabors Industries pay for Parker Wellbore?
- The deal value was not disclosed.
- What does Nabors Industries do?
- Nabors is a leading provider of advanced technology for the energy industry.
- Where are Nabors Industries and Parker Wellbore based?
- Nabors Industries is based in Houston, Texas, United States. Parker Wellbore is based in Houston, Texas, United States.
- Who are the decision-makers at Nabors Industries?
- Fundz holds 5 contacts at Nabors Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Nabors Industries, and when
When Nabors Industries changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nabors Industries raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nabors Industries, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Parker Wellbore?
Parker Wellbore was acquired by Nabors Industries, based in Houston. The deal was reported on March 12, 2025. Nabors is a leading provider of advanced technology for the energy industry. Nabors Industries is publicly traded (NBR) and operates in Manufacturing.
When did Nabors Industries acquire Parker Wellbore?
Nabors Industries's acquisition of Parker Wellbore was reported on March 12, 2025. Nabors Industries Ltd. has successfully completed its acquisition of Parker Wellbore, reinforcing its leadership in the drilling sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Parker Wellbore do?
Parker Wellbore is a global provider of drilling services and high-performance downhole tubular rentals. It is privately held, operating in Energy, and is based in Houston.
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