Nabors reports Q1 2026 revenues of $784 million
Net loss attributable to shareholders was $15 million, adjusted EBITDA was $205 million, and average rigs working increased to 167.9.
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Provider of drilling rigs, automation, and wellbore services
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In short: Nabors reported mixed financial results for early 2026, including a $15 million net loss despite revenue growth and reduced net debt.
Net loss attributable to shareholders was $15 million, adjusted EBITDA was $205 million, and average rigs working increased to 167.9.
The call on April 29 will discuss operating results for the quarter ended March 31.
The company also reported full-year adjusted EBITDA of $912.7 million and reduced net debt by $554 million. It provided first-quarter 2026 outlook.
The $379 million notes were redeemed at par, and net debt fell to $1.55 billion, the lowest since 2008.
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Detailed price information for Nabors Industries (NBR-N) from The Globe and Mail including charting and trades.
HAMILTON, Bermuda, Jan. 15, 2026 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today announced the full redemption of its outstanding 7.500...
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