The Benchmark Company downgraded Nabors Industries from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/15/2025 | $30.00 | Underweight | Piper Sandler |
| 5/19/2025 | $28.00 | Equal Weight → Underweight | Barclays |
| 9/13/2024 | $110.00 → $75.00 | Buy → Neutral | Citigroup |
| 1/16/2024 | Buy → Hold | The Benchmark Company | |
| 10/17/2023 | $160.00 → $175.00 | Equal-Weight → Overweight | Morgan Stanley |
| 7/19/2023 | Hold → Buy | The Benchmark Company | |
| 5/9/2023 | $250.00 → $150.00 | Overweight → Equal Weight | Barclays |
| 4/18/2023 | $175.00 → $165.00 | Underweight → Equal-Weight | Morgan Stanley |
10-Q - NABORS INDUSTRIES LTD (0001163739) (Filer)
8-K - NABORS INDUSTRIES LTD (0001163739) (Filer)
8-K - NABORS INDUSTRIES LTD (0001163739) (Filer)
HAMILTON, Bermuda, Nov. 4, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today commented on the recent credit ratings actions taken by all three of the major credit rating agencies. Coincident with Nabors recent offering of Senior Preferred Guaranteed Notes due in 2032 ("SPGN"), each of the agencies has issued certain credit ratings. Two of the agencies upgraded their ratings on elements of Nabors debt structure. S&P Global Ratings ("S&P") revised its issuer credit rating up to 'B' from 'B-' and outlook to stable. At the same time, S&P assigned a 'B+' rating to Nabors recently issued SPGN. S&P also upgraded its rating for the existing SPGN to 'B+' from '
HAMILTON, Bermuda, Nov. 4, 2025 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") today announced that Nabors Industries, Inc. ("NII") has priced $700 million in aggregate principal amount of senior priority guaranteed notes due 2032 (the "Notes"). The offering was upsized from the $550 million in aggregate principal amount of Notes that Nabors had announced earlier today. The Notes will bear interest at an annual rate of 7.625% and are being offered to investors at an initial price of 100.0% of par. The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries which also guarantee the Existing Senior Priority Guaranteed
HAMILTON, Bermuda, Nov. 4, 2025 /PRNewswire/ -- Nabors Industries Ltd. (NYSE:NBR) ("Nabors") announced today that Nabors Industries, Inc. ("NII"), its indirect wholly-owned subsidiary, has commenced an offering of $550 million senior priority guaranteed notes due 2032 (the "Notes"). The Notes will be fully and unconditionally guaranteed by Nabors and certain of Nabors' indirect wholly-owned subsidiaries which also guarantee the Existing Senior Priority Guaranteed Notes (as defined below). The Notes will be senior unsecured obligations of NII and will rank pari passu with NII's existing 9.125% Senior Priority Guaranteed Notes due 2030 (the "Existing Senior Priority Guaranteed Notes"). The No
4 - NABORS INDUSTRIES LTD (0001163739) (Issuer)
3 - NABORS INDUSTRIES LTD (0001163739) (Issuer)
4 - NABORS INDUSTRIES LTD (0001163739) (Issuer)
Piper Sandler initiated coverage of Nabors Industries with a rating of Underweight and set a new price target of $30.00
Barclays downgraded Nabors Industries from Equal Weight to Underweight and set a new price target of $28.00
Citigroup downgraded Nabors Industries from Buy to Neutral and set a new price target of $75.00 from $110.00 previously
HAMILTON, Bermuda, Nov. 3, 2025 /PRNewswire/ - Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today announced that SANAD, its land drilling joint venture in Saudi Arabia, received notice requesting two rigs, for which work had been temporarily suspended, to resume operations. The rigs are expected to return to service in March 2026 and June 2026, respectively. The terms for each of the drilling contracts have been extended for durations equal to their suspension periods. Anthony G. Petrello, Nabors Chairman, CEO and President, commented, "As the largest land drilling contractor in Saudi Arabia, SANAD plays a critical role in the development of the Kingdom's energy resources.
HAMILTON, Bermuda, Oct. 28, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today reported third quarter 2025 operating revenues of $818 million, compared to operating revenues of $833 million in the second quarter. Net income attributable to Nabors' shareholders for the quarter was $274 million, compared to a net loss of $31 million in the second quarter. This equates to earnings per diluted share of $16.85, compared to a loss per diluted share of $2.71 in the second quarter. The third quarter included a one-time, after-tax gain on the disposition of Quail Tools of $314 million, or $20.52 per diluted share. Third-quarter adjusted EBITDA was $236 million, c
HAMILTON, Bermuda, Oct. 2, 2025 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G. Petrello, Chairman, President and Chief Executive Officer, and Miguel Rodriguez, Chief Financial Officer, Wednesday, October 29, 2025 at 10:00 a.m. Central Time for a discussion of operating results for the third quarter ended September 30, 2025. Nabors will release earnings after the market closes on October 28, 2025. Date: October 29, 2025 Time: 10:00 a.m. CT (11:00 a.m. ET) Dial-in-number(s): US Toll Free: (888) 317-6003 Canada Toll Free: (866) 284-3684 International: (412) 317-6061 Participant Elite Entry Number: 8499486 Please call ten to fifteen minutes ahead of time to e
SC 13G - NABORS INDUSTRIES LTD (0001163739) (Subject)
SC 13G/A - NABORS INDUSTRIES LTD (0001163739) (Subject)
SC 13G/A - NABORS INDUSTRIES LTD (0001163739) (Subject)
HAMILTON, Bermuda, July 25, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today announced that, effective July 24, 2025, it has expanded its Board to eight members by appointing David J. Tudor to serve on the Board. Mr. Tudor will serve as a member of both the Audit and Risk Oversight Committees of the Board. Mr. Tudor, age 66, is the Chief Executive Officer and General Manager of Associated Electric Cooperative Inc., a Springfield, Missouri-based electric cooperative generating electricity for more than 2 million member-consumers across Missouri, Oklahoma and Iowa; Mr. Tudor has held this position since 2016. He was the President and Chief Executive Off
HAMILTON, Bermuda, March 19, 2025 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE:NBR) today announced executive leadership changes as part of its succession planning process. William Restrepo, Nabors CFO, informed the Company of his intention to retire from his current position effective September 30, 2025. On that date, Mr. Restrepo will remain available as a Strategic Advisor to Anthony G. Petrello, Nabors Chairman, CEO and President. Mr. Petrello, commented, "As Nabors CFO for the past 11 years, William has been instrumental in the Company's success in refocusing in the drilling space, expanding our strength internationally and supporting Nabors' technology lead
NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P