About Nabors
Nabors is a company based in Bermuda founded in 1952.. The company has 12,400 employees as of December 31, 2024. Nabors has completed 6 acquisitions, including Enserco, Mindmesh and Parker Wellbore. Nabors offers products and services including SmartRigs, RigCLOUD, Canrig Robotics, PACE Rigs, and Blue Force Motors. Nabors operates in a competitive market with competitors including Ulterra, Enhanced Drilling, Pason, Sekal and Reelwell, among others.
- Headquarter Bermuda
- Employees 12400 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
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- Legal Name Nabors Industries Ltd.
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Annual Revenue
$2.93 B-2.52as on Dec 31, 2024
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Net Profit
$-205.81 M-394.63as on Dec 31, 2024
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EBITDA
$881.34 M-3.7as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
12400
as on Dec 31, 2024
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Investments & Acquisitions
Enserco
& 5 more
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IPO & Listings of Nabors
Nabors is a publicly listed company on the NYSE with ticker symbol NBR in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Nabors
Nabors offers a comprehensive portfolio of products and services, including SmartRigs, RigCLOUD, Canrig Robotics, PACE Rigs, and Blue Force Motors. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automated rigs for efficient onshore and offshore drilling operations
Cloud platform for rig analytics and automation services
Robotic solutions for pipe handling and drilling automation
Specialized rigs for managed pressure drilling applications
Motors and tools for precise directional drilling tasks
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Software Development Team
79 people
Leadership Team
19 people
Operations Team
17 people
Sales and Marketing
14 people
Product Management Team
10 people
QHSE Team
8 people
Sr. Team
8 people
Human Resources and Administration
8 people
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Funding Insights of Nabors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nabors
Nabors has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Enserco, Mindmesh and Parker Wellbore. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based solutions are provided for enterprise collaboration and alignment.
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2021 | ||||
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Floor-mounted robotic drilling systems are developed for industrial use.
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2005 | ||||
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Top drive rental services for land and offshore drilling rigs
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1993 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nabors
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nabors Comparisons
Competitors of Nabors
Nabors operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ulterra, Enhanced Drilling, Pason, Sekal and Reelwell, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Manufacturer of polycrystalline diamond compact drill bits
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| domain | founded_year | HQ Location |
Technology solutions for drilling industry
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| domain | founded_year | HQ Location |
Integrated drilling data solutions are provided for real-time optimization.
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| domain | founded_year | HQ Location |
Software solutions for drilling in oil & gas industry
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| domain | founded_year | HQ Location |
Dual Drill String technology solution for oil and gas drilling industry
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nabors
Frequently Asked Questions about Nabors
When was Nabors founded?
Nabors was founded in 1952.
Where is Nabors located?
Nabors is headquartered in Bermuda.
Who is the current CEO of Nabors?
Anthony Petrello is the current CEO of Nabors.
How many employees does Nabors have?
As of Dec 31, 2024, the latest employee count at Nabors is 12,400.
What is the annual revenue of Nabors?
Annual revenue of Nabors is $2.93B as on Dec 31, 2024.
What does Nabors do?
Nabors was founded in 1952 and is headquartered in Bermuda. Drilling services in the oil and gas sector are offered, encompassing onshore and offshore operations. Solutions include directional drilling, pressure drilling, tubular services, and cementing. Equipment such as automated wrenches, downhole tools, and floor systems is supplied. Software for condition monitoring, fuel management, operation tracking, and data analytics is also provided, with an Android app available for users.
What products or services does Nabors offer?
Nabors offers SmartRigs, RigCLOUD, Canrig Robotics, PACE Rigs, and Blue Force Motors.
Is Nabors publicly traded?
Yes, Nabors is publicly traded on NYSE under the ticker symbol NBR.
How many acquisitions has Nabors made?
Nabors has made 6 acquisitions, including Enserco, Mindmesh, and Parker Wellbore.
What is Nabors's ticker symbol?
The ticker symbol of Nabors is NBR on NYSE.
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