Nabors Q2 2026 revenue rises, free cash flow improves
Revenue rose to $815 million, adjusted EBITDA increased to $222 million, and free cash flow improved to $12 million.
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Provider of drilling rigs, automation, and wellbore services
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In short: Nabors exceeded revenue expectations in Q2 2026, finalized the Parker Wellbore acquisition, and reduced net debt to the lowest since 2008.
Revenue rose to $815 million, adjusted EBITDA increased to $222 million, and free cash flow improved to $12 million.
Rig X41 drilled a 23,762-foot well in 5.92 days, beating the previous record by nearly half a day.
The 42,800 m² facility consolidates equipment and services to support customers across the Middle East.
Rig 36 achieves back-to-back record lateral footage rates, up to 25% higher per day.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (a...
Detailed price information for Nabors Industries (NBR-N) from The Globe and Mail including charting and trades.
NBR stock surges 155% in a year, backed by strong Q2 execution and Saudi growth potential, but heavy...
Wall Street Zen cut shares of Nabors Industries from a "hold" rating to a "sell" rating in a report on Saturday.
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