The earnings call highlighted strong performance from the Parker Wellbore acquisition, successful SANAD expansions, and improved U.S. Drilling results. However, challenges persist with Lower 48 rig count pressures, receivables in Mexico, and Saudi Arabia rig reductions. Despite these challenges, the company's strategic expansions and financial management indicate a balanced outlook.

Company Guidance -

Q3 2025

During the Nabors Industries Second Quarter 2025 Earnings Conference Call, the company provided key financial metrics and guidance, highlighting its performance and expectations. Adjusted EBITDA for the quarter reached $248 million, in line with expectations, bolstered by the Parker Wellbore acquisition, improved U.S. Drilling business, and rig deployments in the Middle East. The company is on track to achieve a $40 million cost synergy target for 2025. U.S. Offshore and Alaska operations contributed over $28 million in adjusted EBITDA, while Nabors Drilling Solutions achieved a gross profit margin of 53%, with its EBITDA representing 25% of total operational EBITDA. The average rig count in the Lower 48 increased by nearly two rigs, with fluctuations from 63 to 64, ending the quarter at 59. Internationally, SANAD's rig count grew by four rigs, with expectations for further growth due to awarded contracts. The company anticipates stability in the Lower 48 rig count for the remainder of the year and foresees significant opportunities in international markets, particularly in Saudi Arabia, Kuwait, and Latin America. Nabors also emphasized its commitment to debt reduction, expecting to generate free cash flow in 2025, with a focus on reducing debt.

Strong Adjusted EBITDA Performance

Adjusted EBITDA totaled $248 million, in line with expectations, demonstrating strong performance from Parker operations, U.S. Drilling, and Middle East deployments.

Successful Parker Wellbore Acquisition

Parker Wellbore acquisition contributed meaningfully to revenue and EBITDA with excellent integration progress, exceeding performance expectations.

SANAD Joint Venture Expansion

SANAD received awards for 5 more rigs, with deployments scheduled through 2027, highlighting a strong growth trajectory.

Improved U.S. Drilling Performance

U.S. Drilling revenue increased by 11%, driven by organic activity and Parker acquisition, with a notable rise in gas-related drilling in the Lower 48.

Reduced Debt and Strong Cash Flow

Company repurchased approximately $14 million face value of notes at a discount, and expects to generate free cash flow for debt reduction in 2025.

International Opportunities and Growth

International operations identified over 25 opportunities to add rigs, with promising prospects in the Middle East and Latin America.

Nabors Industries (NBR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NBR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 28, 2025	2025 (Q3)	-1.21 / -	-6.859	―	―	―
Jul 29, 2025	2025 (Q2)	-0.85 / -2.71	-4.294	36.89% (+1.58)
Apr 29, 2025	2025 (Q1)	-2.92 / 2.18	-3.92	155.61% (+6.10)
Feb 12, 2025	2024 (Q4)	-1.60 / -6.67	-1.56	-327.56% (-5.11)
Oct 22, 2024	2024 (Q3)	-2.01 / -6.86	-7.12	3.67% (+0.26)
Jul 23, 2024	2024 (Q2)	-2.83 / -4.29	-2.26	-90.00% (-2.03)
Apr 24, 2024	2024 (Q1)	-1.61 / -3.92	-1.43	-174.13% (-2.49)
Feb 06, 2024	2023 (Q4)	-1.15 / -1.56	-7.87	80.18% (+6.31)
Oct 25, 2023	2023 (Q3)	-0.39 / -7.12	-1.8	-295.56% (-5.32)
Jul 25, 2023	2023 (Q2)	1.60 / -2.26	-9.41	75.98% (+7.15)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NBR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 29, 2025	$33.45	$34.19	+2.21%
Apr 29, 2025	$28.86	$26.84	-7.00%
Feb 12, 2025	$53.49	$49.69	-7.10%
Oct 22, 2024	$71.42	$70.17	-1.75%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Nabors Industries Ltd. (NBR) report earnings?

Nabors Industries Ltd. (NBR) is schdueled to report earning on Oct 28, 2025, After Close (Confirmed).

What is Nabors Industries Ltd. (NBR) earnings time?

Nabors Industries Ltd. (NBR) earnings time is at Oct 28, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NBR EPS forecast?

NBR EPS forecast for the fiscal quarter 2025 (Q3) is -1.21.

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