Nabors Industries Ltd.

Nabors Industries Ltd. is one of the world's largest land drilling contractors, operating approximately 250+ rigs across more than 15 countries. Founded in 1952 and incorporated in Bermuda with operational headquarters in Houston, Texas, the company trades on the NYSE under ticker NBR. Nabors operates through four business segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies (Canrig). The company is renowned for its PACE series of programmable AC electric rigs and its Smart Suite of drilling automation software including SmartROS, SmartDRILL, SmartNAV, and SmartPLAN. In March 2025, Nabors completed the acquisition of Parker Wellbore, adding wellbore services and tubular running capabilities. Nabors also operates a 50/50 joint venture with Saudi Aramco called SANAD (Saudi Aramco Nabors Drilling Company). With approximately 12,400 employees (as of December 2024) and trailing twelve-month revenue of approximately $3.12 billion, Nabors is a Tier 1 global drilling services provider.