Nabors Industries Ltd (NYSE:NBR)

102.53
Delayed Data
As of 4:00pm ET
 -0.03 / -0.03%
Today’s Change
72.46
Today|||52-Week Range
207.67
+26.44%
Year-to-Date
SECTOR
Industrial Services
INDUSTRY
Contract Drilling
MARKET CAP
$886.0M

Company Description

Nabors Industries Ltd. engages in the provision of platform work over and drilling rigs. It operates through the following segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower 48 states and Alaska, as well as offshore operations in the Gulf of Mexico. The Canada segment consists of land-based drilling rigs in Canada. The International segment focuses in maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as patented steering systems and rig instrumentation software systems that enhance drilling performance and wellbore placement. The Rig Technologies segment comprises Canrig, which manufactures and sells top drives, catwalks, wrenches, drawworks, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

Contact Information

Nabors Industries Ltd.
Crown House
Hamilton Pembroke HM 08
P:(441) 292-1510
Investor Relations:
(281) 775-2423

Employees

Shareholders

Individual stakeholders5.28%
Mutual fund holders43.89%
Other institutional30.27%

Top Executives

Anthony G. PetrelloChairman, President & Chief Executive Officer
Travis PurvisSenior Vice President-Global Operations
William J. RestrepoChief Financial Officer
Michael RasmusonSecretary, Chief CMP, SVP & General Counsel
Jade StrongChief Administrative Officer & Senior VP