Nabors Industries

About Nabors Industries

Nabors Industries Ltd. engages in the provision of off shore platform rigs. It also provides performance tools, directional drilling services, tubular running services, and technologies for its own rig fleet and those operated by third parties. It manufactures drilling equipment and drilling rig instrumentation. It operates through the following business segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The U.S. Drilling segment includes land drilling activities in the lower states and Alaska, as well as offshore operations in the Gulf of Mexico The International Drilling segment focuses on maintaining a footprint in the oil and gas market, most notably in Saudi Arabia, Algeria, Argentina, Colombia, Kazakhstan, and Venezuela. The Drilling Solutions segment offers drilling technologies, such as proprietary drilling-bit steering systems and rig instrumentation software. The Rig Technologies segment refers to the Canrig, which manufactures and sells top drives, catwalks, wrenches, draw works, and drilling related equipment, such as robotic systems and downhole tools. The company was founded by Clair Nabors in 1952 and is headquartered in Hamilton, Bermuda.

Founded

1952

CEO

Mr. Anthony G. Petrello

Employees

13,900

Headquarters

Hamilton, Pembroke, Bermuda

Fiscal year end

12-31

Website

nabors.com

Company profile

Exchange

US

Symbol

NBR

Market-cap rank

#3091

Listing date

1970-01-01

Market cap

1.22B

Float cap

1.15B

Shares out

15.19M

Float shares

14.41M

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