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| Tudor David JDirector | Sell | 3,200 | $295.4K | Fri, Aug 28 |
Drilling services company Nabors Industries (NYSE:NBR) reported Q3 2026 results beating Wall Street’s revenue expectations, with sales up 6.6% year on year to $872.2 million.
Nabors Industries’ third quarter was marked by strong operational execution, as the company outperformed Wall Street’s revenue expectations and delivered solid adjusted EBITDA despite a larger-than-expected non-GAAP loss.
Key TakeawaysNabors Industries shares jumped 10% after it reported $75 million of third-quarter adjusted free cash flow and raised its full-year cash forecast. The cash matters more than the per-share loss, since it’s paying down debt.
NBR is returning to Venezuela with a multiyear drilling contract and an idle U.S. rig, targeting new international growth opportunities while maintaining capital discipline.
Nabors Industries (NYSE:NBR) reported third-quarter 2026 adjusted EBITDA of $246 million, exceeding the company’s expectations as improved international drilling margins, U.S. Lower 48 activity and growth in Drilling Solutions supported results.
Record international margins drive sequential growth despite Saudi rig suspensions.
HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Nabors Industries Ltd. (NBR) on Tuesday reported a loss of $11.
Moby summary of Nabors Industries Ltd.'s Q3 2026 earnings call
Nabors (NBR) delivered earnings and revenue surprises of -244.44% and +1.72%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?
Drilling services company Nabors Industries (NYSE:NBR) announced better-than-expected revenue in Q3 2026, with revenue up 7.1% year on year to $876.3 million. Its non-GAAP loss of $1.24 per share was significantly below analysts’ consensus estimates.