Nabors Indsustries SEC Filings

Nabors Industries chief financial officer Miguel Angel Rodriguez reported two small tax-related share dispositions of company common stock. On February 18, 2026, 314 shares were surrendered at $71.91 per share to cover taxes on the vesting of 1,287 restricted shares, with the remaining vested shares retained. On February 19, 2026, 162 shares were similarly surrendered at $75.30 per share to cover taxes on the vesting of 663 restricted shares, and the remaining vested shares were also retained. After these tax-withholding dispositions, Rodriguez directly owned 44,839 common shares.

Nabors Industries’ chief financial officer Miguel Angel Rodriguez Rodriguez reported automatic share dispositions tied to restricted stock vesting. On February 15, 2026, a total of 312 common shares were surrendered at $68.10 per share to satisfy tax withholding on the vesting of 603 and 567 restricted shares, while the remaining vested shares were retained.

Nabors Industries Ltd. files its annual report outlining a global land and offshore drilling business across more than 20 countries, with an average of 158.3 rigs working in 2025 and a strong technology focus in automation, drilling software and rig robotics.

In March 2025 Nabors acquired Parker Drilling for cash plus 4.8 million shares, valuing the deal at about $180.6 million, then sold Parker’s Quail Tools unit for $375.0 million in cash and a $250.0 million seller note that was fully prepaid. Saudi Aramco, mainly through the SANAD joint venture, provided 30% of 2025 revenue, and joint ventures generated 32% of operating revenue. Nabors ended 2025 with about 13,900 employees and highlights extensive human capital, safety and energy-transition initiatives, while warning that volatile oil and gas prices, intense competition, high leverage, climate regulation and geopolitical risks could materially affect future results.

Adage Capital Management, L.P., together with Robert Atchinson and Phillip Gross, filed a Schedule 13G reporting a significant ownership position in Nabors Industries Ltd. common shares.

The reporting group beneficially owns 1,260,000 Common Shares, representing 8.01% of the class, with shared voting and shared dispositive power over all of these shares and no sole power. The reported percentage is based on 15,722,454 Common Shares outstanding as of October 27, 2025, as disclosed in Nabors Industries’ Form 10-Q for the quarter ended September 30, 2025. The filers certify that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Nabors Industries.

Nabors Industries Ltd. reported mixed but strengthening results for the fourth quarter and full year 2025. Fourth‑quarter operating revenues were $797.5 million, slightly below the third quarter’s $818.2 million. Net income attributable to shareholders was $10.3 million, or $0.17 per diluted share, versus $274.2 million and $16.85 in the prior quarter, which had a one‑time after‑tax gain on the sale of Quail Tools of $314 million.

Fourth‑quarter adjusted EBITDA was $221.6 million, down modestly from $236.3 million in the third quarter. For 2025, operating revenues rose to $3.18 billion from $2.93 billion, and full‑year adjusted EBITDA increased to $912.7 million from $881.3 million, reflecting broad operational growth.

Management highlighted a “transformational” improvement in the capital structure. Including a January redemption, total debt was reduced by $388 million since year‑end 2024, and net debt fell to $1.55 billion from $2.11 billion a year earlier. Annual interest expense is expected to decline by about $45 million, directly boosting adjusted free cash flow. Fourth‑quarter adjusted free cash flow surged to $131.8 million from $5.6 million in the third quarter, helped by stronger EBITDA, better collections in Mexico, lower‑than‑expected capital spending and claim settlements.

Andrews Mark D reported acquisition or exercise transactions in this Form 4 filing.

Nabors Industries VP & Corporate Secretary Mark D. Andrews received equity awards in the form of common stock. On 02/09/2026, he was granted 1,775 shares of restricted stock at $0 per share, bringing his directly held common shares from this line to 21,530.

On the same date, he was also granted 4,571 performance-based TSR shares at $0 per share, with directly held common shares from this line totaling 26,101 after the award. The restricted stock vests in four equal annual installments starting one year after the grant date, while the TSR award can vest after a three-year period ending December 31, 2028 based on relative total shareholder return, and may result in anywhere from zero to the reported maximum shares vesting.

Nabors Industries chief financial officer Miguel Angel Rodriguez Rodriguez reported two equity transactions in company common stock. On February 9, 2026, he acquired 3,905 shares through a restricted stock award at $0 per share, scheduled to vest in four equal annual installments starting one year after the grant date.

On February 11, 2026, 194 shares were disposed of in a tax-withholding transaction at $68.34 per share tied to the vesting of 686 restricted shares, with the remaining vested shares retained by the executive. Following these transactions, he directly owned 45,627 Nabors Industries common shares.

Nabors Industries Ltd received an updated ownership report from several Oaktree entities on a Schedule 13G/A. The filing shows that Oaktree Capital Holdings, Oaktree Capital Group Holdings GP and Oaktree Capital Management together report beneficial ownership of 121,673 common shares, issuable upon redemption of convertible bonds. This represents 0.83% of Nabors’ common shares, calculated using 14,561,171 shares outstanding as of October 27, 2025, plus the shares underlying the convertible bonds.

The securities are held across various Oaktree-managed funds, and the Oaktree entities may be deemed to share voting and dispositive power over these shares. They state that the holdings are not acquired or held to change or influence control of Nabors, and the position remains below the 5% ownership threshold.

Nabors Industries Ltd. (NBR) received an amended Schedule 13G/A showing that several Värde-managed investment entities have fully exited their position in the company’s common shares. The filing lists Varde Investment Partners (Offshore) Master, L.P., Varde Credit Partners Master, L.P., Varde Investment Partners, L.P., The Varde Skyway Master Fund, L.P., and Varde Partners, Inc. as the reporting persons.

Each reporting person now reports beneficial ownership of 0 common shares, representing 0% of the class, with no sole or shared voting or dispositive power. The ownership figures give effect to dispositions in January 2026, after which these entities ceased to beneficially own any Nabors Industries common stock.

The reporting persons also certify that the securities referenced were not acquired and are not held for the purpose of changing or influencing control of Nabors Industries, and are not connected with any control-related transaction.