Craft
Nabors

Nabors

Average Rigs Working (US)

53.4

Q3, 2020

Revenue

$2 B

FY, 2021

Market Capitalization

$1 B

2022-09-19

Nabors Summary

Company summary

Overview
Nabors is a company that owns and operates land-based drilling rig fleets and provides offshore platform rigs. Its business consists of five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Nabors's services include tubular running services, wellbore placement solutions, directional drilling, measurement-while-drilling, logging-while-drilling systems and services, equipment manufacturing, rig instrumentation, and optimization software.
Type
Public
Founded
1952
HQ
Hamilton, BM | view all locations
Website
https://www.nabors.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Anthony Petrello

    Anthony Petrello, Chairperson, President and Chief Executive Officer

  • William Restrepo

    William Restrepo, Chief Financial Officer

  • Mark Andrews

    Mark Andrews, Corporate Secretary

    • Siggi Meissner

      Siggi Meissner, President, Energy Transition and Industrial Automation

      Operating MetricsView all

      Countries Covered

      20
      20.0%

      FY, 2019

      Average Rigs Working (International)

      71.3
      18.7%

      Q3, 2020

      Average Rigs Working (Canada)

      7.4
      3.9%

      Q3, 2020

      LocationsView all

      37 locations detected

      • Hamilton, Pembroke Parish HQ

        Bermuda

        Crown House Second Floor 4 Par-la-Ville Road

      • Anchorage, AK

        United States

        2525 C St #200

      • Casper, WY

        United States

        6500 Zero Rd

      • Clearfield, PA

        United States

        143 Cresswood Dr

      • Crosby, TX

        United States

        2100 Crosby Dayton Rd

      • Houston, TX

        United States

        18501 Aldine Westfield Rd

      and 31 others

      Nabors Financials

      Summary financials

      Revenue (Q2, 2022)
      $630.9M
      Gross profit (Q2, 2022)
      $227.1M
      Net income (Q2, 2022)
      ($69.9M)
      Cash (Q2, 2022)
      $413.0M
      EBIT (Q2, 2022)
      ($7.4M)
      Enterprise value
      $3.2B

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