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NBR Stock Report - Nabors Industries Ltd

Nabors Industries Ltd logo Nabors Industries Ltd. is a global provider of drilling and drilling-related services and technologies for land-based and offshore oil and gas wells. The company operates in more than 20 countries, providing drilling, rig services, and performance tools. Nabors' fleet of drilling rigs includes more than 500 units, which are used in various drilling and well maintenance activities. The company also offers directional drilling services, drilling software and instrumentation, and other services. Nabors is headquartered in Hamilton, Bermuda, and has operational offices in the United States, Canada, South America, Europe, the Middle East, Africa, and Asia.

As of September 30, 2021, Nabors had a workforce of approximately 12,500 employees. The company reported total revenues of $1.48 billion in 2020. Nabors has faced challenges in recent years due to the volatility of oil prices and reduced demand for its services. However, the company has continued to invest in new technologies and services to maintain its competitive position in the industry.


Stock Sector: Energy: Oil & Gas Equipment & Services


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