Nabors Industries
Hamilton, Bermuda · Energy, Manufacturing, Oil And Gas
Nabors is a leading provider of advanced technology for the energy industry. With presence in more than 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Na
Key facts
- Headquarters
- Hamilton, Bermuda
- Employees
- 12,400
- Industries
- Energy, Manufacturing, Oil And Gas
- Status
- Public (NBR)
- Website
- nabors.com
- Company page
Recent activity at Nabors Industries
- : SEC 8-K (7.01): On September 8, 2026, Nabors Industries Ltd. published an Investor Presentation on its website in anticipation of a series of investor conferences scheduled for September. This presentation includes forward-looking statements and highlights the company's expectations and strategies moving forward, emphasizing the risks and uncertainties involved. The filing serves as a Regulation FD disclosure intended to inform security holders about the company's plans and potential developments.
- : SEC 8-K (8.01): On August 26, 2026, Nabors Industries Ltd. entered into a Series B Preferred Stock Purchase Agreement with Quaise Energy, Inc. to acquire 5,425,515 shares of Series B-1 Preferred Stock at $6.4510 per share. In exchange, Nabors issued 391,944 common shares at $0.05 par value to Quaise. This acquisition signifies a strategic investment in an energy transition company, aligning with Nabors' focus on sustainable energy solutions.
- : Nabors Industries Ltd. Completes Series B Preferred Stock Purchase Agreement
- : SEC 8-K (1.01):
- : Nabors Industries Enters Incremental Joinder to A&R Credit Agreement
- : SEC 8-K (1.01): On April 7, 2026, Nabors Industries, Inc. entered into an Incremental Joinder to the A&R Credit Agreement, involving Nabors Delaware and Citibank, N.A. The agreement increases the Letters of Credit Maximum Amount by $25,000,000, allowing Nabors Delaware to issue reimbursement obligations under letters of credit up to $150,000,000 in total. This agreement builds upon an amended credit framework established on June 17, 2024. The financing terms and conditions support enhanced operational liquidity, providing strategic flexibility for the Company's future operational needs.
- : Nabors Industries acquires Parker Wellbore
- : Nabors Industries Raises $700 Million Through Senior Priority Guaranteed Notes
- : SEC 8-K (1.01): On November 4, 2025, Nabors Industries, Inc. entered into a material definitive agreement to sell $700 million aggregate principal amount of its 7.625% Senior Priority Guaranteed Notes due 2032. The transaction involves several financial institutions acting as Initial Purchasers, including Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and Citigroup Global Markets Inc. The Notes are guaranteed by the entities that also guarantee Nabors' existing 9.125% senior priority guaranteed notes due 2030, highlighting a strategic move to raise capital through debt issuance while maintaining existing financial commitments. This agreement is expected to have significant implications for Nabors' financing strategy as it seeks to optimize its capital structure.
- : SEC 8-K (1.01): On November 4, 2025, Nabors Industries, Inc. entered into a Purchase Agreement to sell $700 million aggregate principal amount of its 7.625% Senior Priority Guaranteed Notes due 2032 to an underwriting group led by Goldman Sachs & Co. LLC and others. The sale closed on November 10, 2025, providing NII with net proceeds of approximately $687.9 million, which Nabors Bermuda plans to use to retire outstanding 7.375% senior priority guaranteed notes due 2027. The issuance is exempt from registration under the Securities Act, relying on Section 4(a)(2) and Rule 144A provisions. The Notes will bear interest at a rate of 7.625% and mature on November 15, 2032, impacting Nabors’ financial leverage and liquidity management.
Nabors Industries funding history
| Date | Round | Amount |
|---|---|---|
| Aug 2026 | Series B | $34.9M |
| Nov 2025 | Debt Financing | $700.0M |
| Jul 2021 | Venture | Undisclosed |
Leadership
- Nick Nesterenko, Director - Far East Geomarket
- Anthony Petrello, Executive Officer, Director
- Evan Johnson, Chief Technology Officer
- David Jerrik, Chief Operating Officer
- Anthony Petrello, Chief Executive Officer
- Gretchen Horn, Human Resources Manager
- Amanda Rust, Human Resources Manager
- Lawrence D'Souza, Human Resources Manager
- Mohamed El-Arini, Finance Manager
- Karthikeyan Thangam, Finance Manager
- William Restrepo, Chief Financial Officer
- Shaikh Rehan, Marketing Manager
Verified email and direct lines for Nabors Industries’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.
Employee benefit plans
Nabors Industries files 4 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.
Nabors Industries in the news
- Nabors Industries Ltd. 3rd Quarter 2026 Earnings Conference Call Invitation - Yahoo Finance (Sep 11, 2026)
- Nabors Expands Geothermal Growth Platform with $35 Million Strategic Investment in Quaise Energy - PR Newswire (Aug 27, 2026)
- Quaise Energy Closes $180 Million Series B with $35 Million Investment from Nabors Industries and Strategic Framework to Build World's First Superhot Geothermal Power Plant - Business Wire (Aug 27, 2026)
- Nabors will release results after markets close Oct. 27. Executives discuss them next day. - Stock Titan (Sep 11, 2026)
- Borr Drilling and Nabors Industries Shares Are Falling, What You Need To Know - StockStory (Jun 18, 2026)
- Is Nabors Industries' (NBR) Debt Cut and Earnings Shift Quietly Rewriting Its Risk Narrative? - Yahoo Finance (May 03, 2026)
- Nabors Announces Redemption of 7.500% Senior Guaranteed Notes Due 2028 and Fourth Quarter 2025 Reduction in Net Debt of Approximately $366 Million, Equivalent to $25 per Share - PR Newswire (Jan 15, 2026)
- SLB and Nabors Announce Collaboration to Scale Adoption of Drilling Automation Solutions - SLB (Jan 11, 2024)
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About Nabors Industries: questions and answers
What does Nabors Industries do?
Nabors is a leading provider of advanced technology for the energy industry. With presence in more than 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Na
Where is Nabors Industries headquartered?
Nabors Industries is headquartered in Hamilton, Bermuda.
How many employees does Nabors Industries have?
Nabors Industries has about 12,400 employees.
Has Nabors Industries raised funding?
Yes. Fundz has recorded 3 funding events for Nabors Industries. The most recent, Series B of $34.9M, was in Aug 2026.
Who leads Nabors Industries?
Anthony Petrello is a Chief Executive Officer at Nabors Industries.
What is the latest news on Nabors Industries?
On Sep 08, 2026, SEC 8-K (7.01): On September 8, 2026, Nabors Industries Ltd. published an Investor Presentation on its website in anticipation of a series of investor conferences scheduled for September. This presentation includes forward-looking statements and highlights the company's expectations and strategies m
Is Nabors Industries a public company?
Yes. Nabors Industries is publicly traded under the ticker NBR.
Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy