Nabors Industries Q3 2025 Earnings and Strategic Transactions

Nabors Industries Ltd. reported its third quarter 2025 results, highlighting a significant turnaround with a net income of $274 million, compared to a net loss of $31 million in the previous quarter. This improvement was driven by a one-time gain of $314 million from the sale of Quail Tools. The company also announced the completion of its acquisition of Parker Wellbore, which is expected to contribute over $70 million in annualized adjusted EBITDA by the fourth quarter of 2025. Nabors has already utilized a portion of the proceeds from the Quail Tools sale to reduce its gross debt by approximately $330 million, significantly strengthening its financial position. The company continues to focus on expanding its international operations, enhancing technology, and improving operational efficiency.