Nabors Indsustries SEC Filings

Nabors Industries Ltd. (NBR) received an amended Schedule 13G reporting from Värde entities. Värde Credit Partners Master, L.P. beneficially owns 749,318 common shares, representing 5.15% of the class, with shared voting and dispositive power over those shares. The percentage is calculated against 14,561,171 common shares outstanding as of October 27, 2025, as reported in the company’s Form 10‑Q.

Other Värde-affiliated reporting persons listed report 0 shares. The amendment notes the reported amount gives effect to sales occurring after September 30, 2025, the event date triggering the filing. The certification states the securities were not acquired to change or influence control, consistent with a passive ownership filing under Schedule 13G.

Nabors Industries Ltd. announced that its subsidiary Nabors Industries, Inc. sold $700 million of 7.625% Senior Priority Guaranteed Notes due 2032 to initial purchasers, with closing on November 10, 2025. Net proceeds were approximately $687.9 million.

Nabors intends to use the proceeds to retire all outstanding 7.375% Senior Priority Guaranteed Notes due 2027, which total $546.1 million in aggregate principal, with the balance for general corporate purposes. The new notes are fully and unconditionally guaranteed by existing guarantor subsidiaries and certain lower-tier subsidiaries, carry customary covenants, and include a change-of-control put at 101%. They are redeemable at a make-whole prior to November 15, 2028, at declining prices thereafter, and up to 35% may be redeemed before that date with equity offering proceeds at 107.625%.

Nabors Industries Ltd. (NBR) disclosed that its indirect wholly owned subsidiary, Nabors Industries, Inc., priced $700 million aggregate principal amount of 7.625% Senior Priority Guaranteed Notes due 2032. Earlier the same day, the company announced the launch of a $550 million notes offering, which was subsequently upsized to the final amount.

The update was provided under Regulation FD, with press releases attached as exhibits. The notes are due in 2032 and carry a fixed coupon of 7.625%, indicating long‑dated, senior priority guaranteed debt issued at a set rate.

Nabors Industries (NBR) filed its Q3 2025 report showing a sharp swing to profitability driven by portfolio actions. Operating revenues were $818.2 million, up from $731.8 million a year ago. Net income attributable to Nabors was $274.2 million for the quarter, or $16.85 diluted EPS, compared with a loss last year. Results reflect a $415.6 million gain on the sale of Quail Tools and a $116.5 million bargain purchase gain from the March 2025 acquisition of Parker Drilling.

Cash and cash equivalents were $428.1 million, with $154.2 million in restricted cash. Long‑term debt decreased to $2.348 billion from $2.505 billion at year‑end 2024. Total assets rose to $4.834 billion, and total equity increased to $938.9 million. The company issued 4.8 million shares to acquire Parker and amended its 2024 Credit Agreement to permit up to $100 million of annual equity repurchases, offset dollar‑for‑dollar by dividends.

Quail Tools was sold for $600.0 million, including a $250.0 million seller note that was prepaid on October 9, 2025. Management recorded $26.5 million of impairments related to Russia during the nine‑month period. As of October 27, 2025, common shares outstanding were 14,561,171, excluding 1,161,283 treasury shares.

Nabors Industries Ltd. (NBR) furnished an update on its latest quarterly performance. The company issued a press release covering results for the three months ended September 30, 2025, provided as Exhibit 99.1, with additional investor materials in Exhibit 99.2. Nabors will host a conference call on October 29, 2025 at 10:00 a.m. Central Time to discuss the quarter. Access details, a recording, and supplemental information are available on the Investor Relations page of www.nabors.com. The information was furnished under Item 2.02 and is not deemed filed.

Nabors Industries Ltd. (NBR) reported an insider transaction for its newly appointed Chief Financial Officer, Miguel Angel Rodriguez Rodriguez. On October 1, 2025, he received a restricted stock award of 4,807 shares, recorded at $0 per share, reflecting a grant rather than a purchase. Following the award, he beneficially owns 19,208 shares, held directly.

The restricted shares vest in three equal annual installments beginning on October 1, 2026.

Nabors Industries Ltd. (NBR) filed an initial insider ownership report for its Chief Financial Officer. As of 10/01/2025, the CFO beneficially owned 14,401 shares of common stock, held directly.

The reported balance includes 9,558 unvested restricted shares across five grants with stated vesting schedules: 686 vest on Feb 11, 2026; 1,134 vest equally on Feb 15, 2026 and 2027; 603 vest on Feb 15, 2026; 1,987 vest equally on Feb 19, 2026, 2027, and 2028; and 5,148 vest in four equal annual installments beginning Feb 18, 2026.

Oaktree entities filed a Schedule 13G reporting shared ownership of 809,047 common shares of Nabors Industries Ltd, equal to 5.12% of the class. The amount represents 737,112 issued common shares plus 71,935 common shares issuable upon redemption of convertible bonds, calculated on a base of 15,736,950 common shares outstanding as of June 30, 2025. The filing shows no sole voting or dispositive power and shared voting and dispositive power of 809,047 shares. The report lists the reporting parties as Oaktree Capital Holdings, LLC; Oaktree Capital Group Holdings GP, LLC; and Oaktree Capital Management, L.P., and is signed on October 6, 2025.

William J. Restrepo, Chief Financial Officer of Nabors Industries Ltd (NBR), retired on 09/30/2025. Under his employment agreement, all unvested TSR shares and performance stock units (PSUs) vested on his retirement date. Several vested awards were settled by surrendering shares to satisfy tax withholding while the remainder were retained.

The filing shows dispositions of 4,013, 7,074, and 9,662 common shares (each at $40.87) to cover tax obligations, and vested PSU conversions totaling 12,773 PSUs that resulted in share issuances with partial withholding. The reporting person continues to directly own common shares and warrants, including 44,212 common shares underlying 2021 warrants reported as owned.