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Nabors Industries Sells Quail Tools for $600 Million

Story Highlights
  • Nabors Industries sold Quail Tools to Superior Energy Services for $600 million.
  • The sale is expected to reduce Nabors’ net debt by over 25% and strengthen its balance sheet.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nabors Industries Sells Quail Tools for $600 Million

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An update from Nabors Industries ( (NBR) ) is now available.

On August 20, 2025, Nabors Industries announced the sale of its subsidiary Quail Tools to Superior Energy Services for $600 million, comprising $375 million in cash and a $250 million seller note. This transaction is expected to reduce Nabors’ net debt by more than 25%, strengthen its balance sheet, and enhance financial flexibility, while retaining other profitable operations acquired from Parker Wellbore.

The most recent analyst rating on (NBR) stock is a Hold with a $37.00 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 reflects significant financial challenges, including high debt and negative profitability, which weigh heavily on its performance. Technical indicators suggest some short-term strength, while valuation metrics highlight ongoing financial instability. The earnings call provides a more optimistic outlook with strategic initiatives in place to address these issues.

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

More about Nabors Industries

Nabors Industries is a leading provider of advanced technology for the energy industry, operating in over 20 countries. The company focuses on drilling, engineering, automation, data science, and manufacturing to deliver efficient and responsible energy production, aiming to innovate the future of energy and support the transition to a lower-carbon world.

Average Trading Volume: 535,327

Technical Sentiment Signal: Sell

Current Market Cap: $499.3M

Find detailed analytics on NBR stock on TipRanks’ Stock Analysis page.

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