Nabors Indsustries Stock Price, News & Analysis

Nabors (NYSE: NBR) priced $700 million of senior priority guaranteed notes due 2032, upsized from $550 million, at an annual coupon of 7.625% and initial price of 100% of par. The offering is expected to close on November 10, 2025 and to generate approximately $690.2 million in net proceeds after discounts.

Nabors intends to use proceeds to redeem about $546.1 million aggregate principal of senior priority guaranteed notes due 2027, with remaining proceeds for general corporate purposes. The notes will be senior unsecured obligations of NII and guaranteed on an equal and ratable basis, with certain lower-tier guarantors contractually subordinated to the A&R Credit Facility.

Nabors (NYSE: NBR) announced on Nov 4, 2025 an offering of $550 million senior priority guaranteed notes due 2032 issued by Nabors Industries, Inc. (NII).

The Notes will be fully guaranteed by Nabors and certain indirect subsidiaries, will rank pari passu with NII's existing 9.125% senior priority guaranteed notes due 2030, and include guarantees from lower-tier subsidiaries that are contractually subordinated with respect to the A&R Credit Facility guarantees.

Nabors intends to use net proceeds, together with cash on hand, to redeem approximately $546.1 million aggregate principal of NII's 7.375% senior priority guaranteed notes due 2027. The Notes will be offered to qualified institutional buyers under Rule 144A and to non-U.S. investors under Regulation S and will not be registered under the Securities Act.

Nabors (NYSE:NBR) announced that SANAD, its land drilling joint venture in Saudi Arabia, received notices to resume work for two rigs that had been temporarily suspended.

The rigs are expected to return to service in March 2026 and June 2026. Each drilling contract term has been extended by a period equal to its suspension.

Management said the rigs' return supports SANAD's role as a major land drilling contractor in Saudi Arabia and restores activity in a key market.

Nabors (NYSE: NBR) reported 3Q 2025 operating revenues of $818.2M and net income attributable to shareholders of $274M (EPS $16.85) versus a 2Q25 net loss of $31M (loss per share $2.71).

The quarter included a $314M after-tax gain on the sale of Quail Tools (transaction consideration $625M). Adjusted EBITDA was $236M and adjusted free cash flow was $6M. Nabors used proceeds to pay down revolver borrowings and redeem $150M of 2027 notes, reducing net debt to approximately $1.67B after early 4Q25 seller-note repayment.

Nabors (NYSE: NBR) announced on Oct. 9, 2025 that it has received prepayment in full of a $250 million seller financing note issued earlier in 2025 related to the sale of Quail Tools to Superior Energy.

The prepayment was received ahead of the note's scheduled maturity, which the company said strengthens financial liquidity. Nabors intends to use the proceeds to continue reducing gross debt, concentrating on outstanding notes maturing in 2028, and reiterated its commitment to deleveraging and enhancing long-term shareholder value.

Nabors Industries (NYSE: NBR) will hold its 3Q 2025 earnings conference call on Wednesday, October 29, 2025 at 10:00 a.m. CT (11:00 a.m. ET). Management attendees: Anthony G. Petrello, Chairman, President & CEO, and Miguel Rodriguez, CFO. Nabors will release third quarter results after market close on October 28, 2025.

Dial-in numbers: US toll free (888) 317-6003; Canada toll free (866) 284-3684; International (412) 317-6061. Participant entry number: 8499486. Callers are asked to dial 10–15 minutes early. A recorded replay is available until 4:00 p.m. CT on November 5, 2025 (North America replay: (877) 344-7529; international: (412) 317-0088; replay entry 9724612).

A live audio webcast and downloadable earnings release and any supplemental presentation will be available on Nabors' Investor Relations page at www.nabors.com.

Nabors Industries (NYSE:NBR) has responded to Superior Energy Services' recent senior secured notes offering announcement. CEO Anthony G. Petrello confirmed that Superior plans to use $250 million of the proceeds to repay seller financing owed to Nabors from the Quail Tools, LLC acquisition.

Nabors intends to use these incoming funds for debt reduction, specifically targeting their 2027 and 2028 senior notes, as part of their ongoing deleveraging strategy to enhance long-term shareholder value.

Nabors Industries (NYSE:NBR) and Caturus Energy have deployed the PACE-X Ultra™ X33, the most powerful onshore drilling rig in the United States. The multi-year contract marks a significant technological advancement in drilling capabilities, featuring a one million-pound mast rating and three 2,000-horsepower mud pumps.

The rig enables complex well designs, including 4-mile laterals and 14,000+ vertical depths, supporting Caturus Energy's goal to grow net production to 1 billion cubic feet of gas equivalent per day by 2029. The system incorporates Cat® Dynamic Gas Blending technology for improved fuel efficiency and reduced emissions, demonstrating a commitment to environmental responsibility while enhancing operational performance.

Nabors Industries (NYSE: NBR), a leading provider of advanced energy technology solutions, announced its participation in Pareto Securities' 32nd Annual Energy Conference on September 10, 2025. Senior Vice President Finance Operations Miguel Rodriguez will deliver a presentation, joined by CFO William Restrepo and VP Corporate Development William Conroy.

The company, which operates in over 20 countries, specializes in drilling, engineering, automation, data science, and manufacturing, focusing on safe and efficient energy production while supporting the transition to a lower-carbon world. Presentation materials will be available in the Investor Relations section of Nabors' website.