newsfilter
← Earnings
Earnings Releases·

Nabors Industries Ltd. — Third Quarter 2026 Earnings Summary

Nabors Industries reported third-quarter 2026 operating revenues of $872.2 million, a 7% increase from the previous quarter, while posting a net loss of $11.2 million attributable to shareholders. Adjusted EBITDA rose to $245.5 million, driven by a record international drilling daily adjusted gross margin of $19,060 and a larger working fleet in the Lower 48. The company generated $74.5 million in adjusted free cash flow, supported by higher profitability, reduced capital spending, and improved working capital. Management updated its full-year 2026 outlook to anticipate adjusted EBITDA of approximately $930 million and adjusted free cash flow between $100 million and $110 million.

Company
NABORS INDUSTRIES LTD
Sector
Energy
Industry
Oil & Gas Drilling