NABORS INDUSTRIES LTD
nabors.comNabors Industries Ltd (NYSE: NBR) is an oilfield services company that provides contract drilling and related services to oil and gas companies for exploration, development, and production activities. Revenue is generated through day-rate drilling contracts, where operators pay a daily fee for rig deployment and associated services. The company is incorporated in Bermuda and lists its common shares on the New York Stock Exchange, with 14,673,186 common shares outstanding as of February 6, 2026. Demand for Nabors' services is directly tied to spending levels by oil and gas companies, which in turn depend on oil and natural gas prices. The filing, a 10-K for the fiscal year ended December 31, 2025, was filed on February 13, 2026. The company is classified as a well-known seasoned issuer under SEC rules.
Products & Services
Contract drilling services for oil and gas exploration, development, and production. The filing references drilling rigs and related oilfield services.
Revenue Model
Day-rate drilling contracts with oil and gas exploration and production companies. Revenue depends on rig utilization and day rates, both of which are sensitive to oil and natural gas price levels and operator spending decisions.
Customers & Markets
Oil and gas companies engaged in exploration, development, and production activities. Customer spending, and therefore Nabors' revenue, is materially influenced by prevailing oil and natural gas prices.
Geographic Exposure
The filing does not provide a geographic revenue breakdown in the excerpts available. The company is incorporated in Bermuda and listed on the New York Stock Exchange.
Peers: Valaris Ltd
Source: SEC 10-K, filed 2026-02-13
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