NYSE$NBR

Nabors Industries Ltd · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Nabors reported Q1 2025 total revenues and other income of $742.8M with net income attributable to Nabors of $33.0M and diluted EPS of $2.18.

Total revenues and other income were $742.8 million including a gain on bargain purchase related to the Parker acquisition. Net income attributable to Nabors was $33.0 million versus a year-ago loss; diluted EPS was $2.18. International drilling and drilling services support the outlook.

  • Q1 total revenues and other income $742.8M.
  • Net income to Nabors $33.0M; diluted EPS $2.18.
  • Parker acquisition gain boosted quarterly earnings.
  • Dayrates and global rig activity drive sustainability.

Headline financials

Total Revenue

$736M

Previous: $734M+0.3%
EPS (adj)

$2.18

Previous: -$4.54+148.0%
Lower 48 Avg Rigs

60.6

Previous: 71.9-15.7%
Other U.S. Avg Rigs

7.6

Previous: 6.8+11.8%
U.S. Avg Rigs

68.2

Previous: 78.7-13.3%
International Avg Rigs

85

Previous: 81+4.9%
Total Avg Rigs

153.2

Previous: 159.7-4.1%
Lower 48 Daily Rev

$34.5K

Previous: $35.5K-2.6%
Other U.S. Daily Rev

$61.4K

Previous: $64.4K-4.7%
U.S. Daily Rev

$37.6K

Previous: $38K-1.1%
International Daily Rev

$49.9K

Previous: $47.4K+5.3%
Lower 48 Daily Margin

$14.3K

Previous: $16K-10.8%
Other U.S. Daily Margin

$30.4K

Previous: $35.2K-13.7%
U.S. Daily Margin

$16.1K

Previous: $17.7K-9.0%
International Daily Margin

$17.4K

Previous: $16.1K+8.5%
Capital Expenditures

-$165M

Previous: -$105M-57.7%
Net Income

$33M

Previous: -$34.3M+196.1%
Operating Income

$51.7M

Previous: $104M-50.3%

Revenue & EPS history

Nabors · Revenue · Quarterly

$736M

Q1 2025+0.3%vs Q1 2024
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

Nabors · $749M total across 4 segments · Q3 2023

  • International Drilling
    $302M
  • U.S. Drilling
    $287M
  • Drilling Solutions
    $91.2M
  • Rig Technologies
    $68.6M+37.1%

Forward guidance

Energy and midstream outlook reflects commodity prices, utilization, and capital spending.

Tailwinds

  • Volume growth and integration synergies.
  • Long-term contracts and fee-based cash flows where applicable.

Headwinds

  • Commodity price volatility and cost inflation.
  • Interest expense on acquisition-related debt.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

+1.3%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+2.4%

Avg return

30 days after

56%

40 / 72 earnings

Positive

+26.4%

Q3 2022

Best reaction

-17.0%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.4%+10.5%-1.7%
Q4 2025-9.9%+1.5%+8.1%
Q3 2025+10.2%+14.3%+5.7%
Q1 2025-7.0%-8.8%-10.6%
Q4 2024-7.1%-13.9%-18.6%
Q3 2024-5.9%+1.4%+1.2%
Q2 2024+9.3%+24.3%-8.0%
Q1 2024-5.5%-3.2%-9.5%
Q4 2023+4.9%+3.4%+10.8%
Q3 2023-7.2%-13.4%-18.7%
Q2 2023+2.0%+1.1%-8.8%
Q1 2023-3.5%-11.1%-14.5%
Q4 2022+10.3%+1.5%-20.1%
Q3 2022+26.4%+27.6%+17.9%
Q2 2022-17.0%-11.4%-4.9%
Q1 2022+1.4%-5.5%+7.5%
Q4 2021+3.7%+11.0%+42.2%
Q3 2021-8.7%-16.6%-28.3%
Q2 2021-1.0%-3.8%-17.6%
Q1 2021+6.6%+4.4%+12.9%
Q4 2020+18.1%+24.3%+8.0%
Q3 2020+11.6%+6.3%+89.2%
Q2 2020-1.2%-3.2%-11.9%
Q1 2020-5.3%+7.5%+230.8%
Q4 2019+1.3%-21.1%-79.7%
Q3 2019+10.5%+13.5%+20.5%
Q2 2019+23.6%+19.1%-19.5%
Q1 2019+2.5%+5.4%-35.0%
Q4 2018+5.8%+14.7%+12.1%
Q3 2018+1.8%+11.5%-28.1%
Q2 2018+4.6%+10.2%+3.3%
Q1 2018-0.7%-0.9%-1.8%
Q4 2017-6.5%-2.5%+1.0%
Q3 2017-0.3%-13.7%-9.3%
Q2 2017-0.8%-6.3%-12.1%
Q1 2017-10.4%-13.8%-25.7%
Q4 2016-2.1%-2.5%-19.6%
Q3 2016-5.9%-8.4%+11.5%
Q2 2016+5.3%+7.5%+15.0%
Q1 2016-13.7%
Q4 2015+19.9%
Q3 2015+0.6%
Q2 2015-2.8%
Q1 2015+1.1%
Q4 2014-1.6%
Q3 2014+1.8%
Q2 2014+2.2%
Q1 2014+1.8%
Q4 2013+16.9%
Q3 2013-4.2%
Q2 2013-1.0%
Q1 2013-2.0%
Q4 2012-5.7%
Q3 2012-3.7%
Q2 2012+7.8%
Q1 2012+0.6%
Q4 2011+0.2%
Q3 2011-4.1%
Q2 2011-5.1%
Q4 2010+1.0%
Q1 2009+1.0%
Q1 2011+1.0%
Q3 2010+1.3%
Q2 2010-3.6%
Q1 2010+2.8%
Q4 2007+1.5%
Q4 2009+1.5%
Q3 2009-6.1%
Q3 2008-6.1%
Q2 2009+7.9%
Q2 2008+7.9%
Q4 2008+7.9%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro