NBR at a glance
NABORS INDUSTRIES LTD (NBR, SEC CIK 1163739) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on September 8, 2026 and Form 4 insider filings as recently as October 2, 2026. SignalX summarizes each filing with AI and tracks the company's insider trades and institutional holders.
- For the fiscal year ended December 31, 2025 (FY2025), NABORS INDUSTRIES LTD (NBR) reported revenue of $3.2 billion (up 8.7% from FY2024) and net income of $286.6 million. Diluted EPS was $17.39.
- As of June 30, 2026, 29 institutional investment managers tracked by SignalX reported holding NABORS INDUSTRIES LTD (NBR) shares worth $460.2 million in 13F-HR filings.
- The most recent insider open-market sale reported on Form 4 was by Tudor David J on August 28, 2026 of 3,200 shares at $92.30 per share.
- In the last 90 days, NBR insiders reported 0 open-market purchases ($0) and 1 open-market sale ($295K) on Form 4, a net sale of $295K.
Source: SEC EDGAR (XBRL financial data, 13F-HR and Form 4 filings).
- Revenue · FY2025
- $3.2B
- +8.7% vs prior year
- Insiders · 90 days
- 0 buys · 1 sell
- Net −$295K
- 13F holders
- 29 funds
- $460.2M · +0 vs prior quarter
- Latest 8-K
- Sep 8, 2026
- Item 7.01
AI 10-K Annual Report Analysis
Latest 10-K, fiscal year ended Dec 31, 2025
Business Overview
- Core business: global land and offshore drilling rig operations with integrated drilling services and advanced technology solutions
- Emphasis on energy efficiency and emissions reduction technologies for rigs and third-party customers introduced this year
- Strategic focus on integrating hardware, surface equipment, and software with advanced automation to drive performance and operational excellence
- Average rigs working 158.3 in 2025, stable versus 158.8 in 2024 but down from 163.9 in 2023, reflecting shifting utilization trends
- Operations in over 20 countries with a fleet of 269 actively marketed rigs, including 242 land-based and 27 offshore rigs
Risk Factors
- Regulatory risk from compliance with Indemnification Guarantee under A/R Agreements involving subsidiaries including Parker Drilling Company
- Macroeconomic exposure in domestic receivables financing with $137.0 million receivables purchased as of Dec 31, 2025 under $250 million A/R facility
- Operational risk due to dependence on subsidiaries’ eligible receivables and concentration limits impacting available purchase amount
- Competitive disruption risk not specified, no named competitor or technology threats disclosed
- Financial risk from leverage and liquidity tied to $250 million maximum commitment under accounts receivable purchase agreements
Management Discussion & Analysis
- Competitive market with pricing sensitivity due to oversupply of rigs and equipment
- Contracts mostly awarded on bid basis, intensifying price competition
- Competitive factors include service quality, safety, equipment condition, skilled personnel, and technology
- Drilling segment competitive advantage from new technology rigs and international experience
- Market expected to remain highly competitive with ongoing pricing pressure
AI summary of the NBR 10-K filed . Generated from the filing text; verify against the original.View on SEC EDGARHow to read a 10-K
AI 10-Q Quarterly Report Analysis
Latest 10-Q, quarter ended Jun 30, 2026
Management Discussion & Analysis
- Quarterly revenue $814.8M, down $18.0M YoY
- Net loss $22.3M vs $30.9M YoY
- Best segment International Drilling revenue $432.5M, up 12%; adjusted operating income $45.9M, up 27%
- Worst segment Drilling Solutions revenue $110.6M, down 35%; adjusted operating income $32.1M, down 36%
- Outlook: Middle East rig suspensions, U.S. efficiency gains, geopolitical and commodity-price volatility as headwinds
Risk Factors
- No material changes to 2025 Form 10-K risk factors reported
- Carried-forward risks remain the principal regulatory, legal, operational, competitive, and market exposures
- Share-repurchase authorization $278.9 million remaining as of June 30, 2026
- Subsidiaries held 1.2 million common shares as of June 30, 2026
AI summary of the NBR 10-Q filed . Generated from the filing text; verify against the original.View on SEC EDGAR10-K vs 10-Q vs 8-K
AI 8-K Current Report Analysis
The most recent material events, by 8-K item
Item 7.01: Regulation FD Disclosure
- Exhibit 99.1 is furnished under Regulation FD and excluded from Exchange Act Section 18 “filed” liability
- Content is not automatically incorporated into Securities Act or Exchange Act filings
Item EX-99.1: Item EX-99.1
- 2026 outlook reaffirmed: adjusted EBITDA $710–$730 million, adjusted free cash flow $20–$30 million
- Capital expenditures $920–$930 million, including $325–$335 million for SANAD newbuilds
Item 8.01: Other Events
- Bermuda counsel opinion attached as Exhibit 5.1 supports legal issuance of Nabors shares
- Share issuance creates reliance on Bermuda legal validity, relevant to transaction execution and shareholder dilution
Item 7.01: Regulation FD Disclosure
- Exhibit 99.1 furnished under Regulation FD, with disclosure excluded from Exchange Act Section 18 liability
- Information not incorporated by reference into other Securities Act or Exchange Act filings absent specific reference
Item 3.02: Unregistered Sales of Equity Securities
- Nabors exchanged $35 million of equity for Quaise Series B-1 preferred stock, advancing its geothermal technology exposure
- Issued 391,944 Nabors shares at a price based on three-day NYSE VWAP, creating shareholder dilution
Item 2.03: Creation of a Direct Financial Obligation
- Item 2.03 heading indicates potential disclosure of a new direct financial obligation or off-balance-sheet arrangement
AI summaries of NBR 8-K current reports filed with the SEC. What 8-K item codes mean
SignalX for NBR
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Recent Insider Transactions (Form 4)
Latest reported trades by officers, directors and 10% owners
| Insider | Type | Date | Shares | Price |
|---|---|---|---|---|
| Rodriguez Rodriguez Miguel Angel | F | Oct 1, 2026 | 475 | $78.12 |
| CHASE ANTHONY R | A | Sep 30, 2026 | 1,056 | $35.51 |
| Tudor David J | Sell | Aug 28, 2026 | 3,200 | $92.30 |
| YEARWOOD JOHN | Buy | Feb 20, 2026 | 6,410 | $78.12 |
| Rodriguez Rodriguez Miguel Angel | F | Feb 19, 2026 | 162 | $75.30 |
| Rodriguez Rodriguez Miguel Angel | F | Feb 18, 2026 | 314 | $71.91 |
| Rodriguez Rodriguez Miguel Angel | F | Feb 15, 2026 | 137 | $68.10 |
| Rodriguez Rodriguez Miguel Angel | F | Feb 15, 2026 | 175 | $68.10 |
Financial SummaryXBRL
| Metric | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| Profitability | |||
| Revenue | - | $2.9B | $3.2B |
| Operating Income | - | $247.9M | $471.1M |
| Net Income | -$11.8M | -$176.1M | $286.6M |
| Op. Margin | - | 8.5% | 14.8% |
| Net Margin | - | -6.0% | 9.0% |
| Balance Sheet | |||
| Total Assets | $5.3B | $4.5B | $4.8B |
| Equity | - | $135.0M | $590.7M |
| ROE | - | -130.4% | 48.5% |
| Per Share | |||
| EPS | $-5.49 | $-22.37 | $17.39 |
| Cash Flow | |||
| Operating CF | - | $581.4M | $693.3M |
| CapEx | $540.9M | $567.9M | $715.9M |
Source: XBRL data in NABORS INDUSTRIES LTD (NBR)'s 10-K filings on SEC EDGAR, in USD. Compare across companies →
13F Fund Holdings: Quarterly Trend
Latest: Q2 2026Aggregate NBR share value held by 13F filers tracked by SignalX, by quarter.
Quarterly totals table
| Quarter | Funds | Total value |
|---|---|---|
| Q2 2026 | 29 | $460.2M |
| Q1 2026 | 29 | $449.6M |
| Q4 2025 | 24 | $230.9M |
| Q3 2025 | 25 | $193.7M |
| Q2 2025 | 23 | $123.3M |
| Q1 2025 | 22 | $117.3M |
| Q4 2024 | 19 | $148.4M |
| Q3 2024 | 18 | $113.4M |
- Dimensional Fund Advisors+138.7K (+31%)
- Goldman Sachs Group+127.1K (+92%)
- JPMorgan Chase & Co+84.5K (+645%)
- Vanguard Portfolio Management LLC+76.6K (+20%)
- Vanguard Capital Management LLC+35.6K (+6%)
- Citadel Advisors LLC−97.2K (-89%)
- Bank of America Corp−91.3K (-60%)
- Two Sigma Investments−61.6K (-16%)
- Millennium Management−50.9K (-94%)
- Invesco Ltd−46.7K (-32%)
Source: 13F-HR filings on SEC EDGAR (aggregated from 189 fund-quarter rows). Reflects only 13F filers tracked by SignalX, not the full institutional ownership universe. How 13F filings work
NBR filing archive
AI analysis pages for each 10-K, 10-Q and 8-K
10-K annual reports
10-Q quarterly reports
Latest 2026 SEC Filings: 10-K, 10-Q, 8-K & Form 4
| Form | Filing date | Period | Analysis | SEC |
|---|---|---|---|---|
| 4 | Oct 2, 2026 | - | - | - |
| 4 | Oct 2, 2026 | - | - | - |
| 8-K | Sep 8, 2026 | - | Analysis | - |
| 4 | Aug 28, 2026 | - | - | - |
| 8-K | Aug 27, 2026 | - | Analysis | - |
| 10-Q | Jul 31, 2026 | Jun 30, 2026 | Analysis | |
| 8-K | Jul 29, 2026 | - | Analysis | - |
| 8-K | Jul 28, 2026 | - | Analysis | - |
| 8-K | Jun 5, 2026 | - | Analysis | |
| 10-Q | May 1, 2026 | Mar 31, 2026 | Analysis | |
| 8-K | Apr 28, 2026 | - | Analysis | - |
| 8-K | Apr 7, 2026 | - | Analysis | - |
| 4 | Feb 24, 2026 | - | - | - |
| 4 | Feb 19, 2026 | - | - | |
| 4 | Feb 17, 2026 | - | - | |
| 10-K | Feb 13, 2026 | Dec 31, 2025 | Analysis | |
| SC 13G | Feb 12, 2026 | - | - | |
| 8-K | Feb 11, 2026 | - | - | |
| 4 | Feb 11, 2026 | - | - | |
| 4 | Feb 11, 2026 | - | - | |
| 8-K | Jan 15, 2026 | - | - | |
| 4 | Jan 5, 2026 | - | - | |
| 4 | Jan 5, 2026 | - | - | |
| 4 | Jan 5, 2026 | - | - | |
| 4 | Jan 5, 2026 | - | - |
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NBR SEC filings: frequently asked questions
Are NBR insiders buying or selling?
In the last 90 days, NABORS INDUSTRIES LTD (NBR) officers, directors and 10% owners reported no open-market purchases and 1 open-market sale worth $295,360 by 1 insider on Form 4. Many insider sales are pre-planned or for taxes, so purchases usually carry more information.
Which institutions hold NBR stock?
As of June 30, 2026, the largest NABORS INDUSTRIES LTD (NBR) holders among the 13F filers tracked by SignalX were BlackRock ($110.1 million), Vanguard Capital Management LLC ($55.9 million), Dimensional Fund Advisors ($49.3 million), State Street Corp ($40.7 million), Vanguard Portfolio Management LLC ($38.7 million). 13F-HR reports are filed up to 45 days after each quarter ends.
What was NBR's revenue in fiscal year 2025?
For the fiscal year ended December 31, 2025 (FY2025), NABORS INDUSTRIES LTD (NBR) reported revenue of $3.2 billion (up 8.7% from FY2024) and net income of $286.6 million. Diluted EPS was $17.39. The figures come from the XBRL data in the 10-K.
What are the main risks in NBR's latest 10-K?
In the 10-K filed February 13, 2026, NABORS INDUSTRIES LTD (NBR) flagged: Regulatory risk from compliance with Indemnification Guarantee under A/R Agreements involving subsidiaries including Parker Drilling Company. Macroeconomic exposure in domestic receivables financing with $137.0 million receivables purchased as of Dec 31, 2025 under $250 million A/R facility. (AI summary of the Risk Factors section.)
What did NBR report in its latest 8-K?
NABORS INDUSTRIES LTD (NBR) filed an 8-K on September 8, 2026 reporting Item 7.01 (Regulation FD Disclosure). Exhibit 99.1 is furnished under Regulation FD and excluded from Exchange Act Section 18 “filed” liability.
What are the latest NBR SEC filings?
NABORS INDUSTRIES LTD (NBR) filed its latest 10-K annual report on February 13, 2026, a 10-Q quarterly report on July 31, 2026, an 8-K current report on September 8, 2026 and a Form 4 insider filing on October 2, 2026.
What is NBR's SEC CIK number?
NABORS INDUSTRIES LTD (NBR)'s SEC Central Index Key (CIK) is 1163739. EDGAR lists every NBR filing under that number.
Ask anything about NBR
The research agent reads NBR's filings, financials, insider trades and 13F holders, then answers with sources.