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Nabors Industries Acquires Parker Wellbore, Divests Quail Tools

Story Highlights
  • Nabors Industries’ CFO attended a conference on land drilling on September 3, 2025.
  • Nabors’ recent acquisitions and divestitures aim to improve financial stability and operational efficiency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nabors Industries Acquires Parker Wellbore, Divests Quail Tools

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The latest announcement is out from Nabors Industries ( (NBR) ).

On September 3, 2025, Nabors Industries‘ CFO, Mr. William Restrepo, participated in a panel discussion at the Barclays 39th Annual Energy-Power Conference, focusing on land drilling. The discussion was based on an Investor Presentation published by the company on September 2, 2025. Nabors has recently made significant moves, including the acquisition of Parker Wellbore and the divestiture of Quail Tools, aiming to enhance its financial position and operational capabilities. These transactions are expected to deliver substantial synergies and financial benefits, such as reducing net debt by over 25% and achieving annual interest savings of more than $50 million.

The most recent analyst rating on (NBR) stock is a Hold with a $40.00 price target. To see the full list of analyst forecasts on Nabors Industries stock, see the NBR Stock Forecast page.

Spark’s Take on NBR Stock

According to Spark, TipRanks’ AI Analyst, NBR is a Neutral.

Nabors Industries’ overall stock score is primarily impacted by its financial performance challenges, including high leverage and negative profitability. However, positive technical indicators and strategic corporate events, such as the sale of Quail Tools, provide some support. The earnings call and valuation factors also contribute to a cautious outlook.

To see Spark’s full report on NBR stock, click here.

More about Nabors Industries

Nabors Industries is a leader in the energy sector, specializing in drilling and technology solutions. The company operates over 300 land and offshore rigs globally, covering markets that account for 65% of global petroleum and other liquids production. With a diverse customer base across more than 15 countries, Nabors employs approximately 14,000 people representing over 85 nationalities.

Average Trading Volume: 534,930

Technical Sentiment Signal: Sell

Current Market Cap: $668.3M

Learn more about NBR stock on TipRanks’ Stock Analysis page.

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