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Nabors Industries Earnings Calls
| Release date | Apr 28, 2026 |
| EPS estimate | -$2.39 |
| EPS actual | -$1.54 |
| EPS Surprise | 35.56% |
| Revenue estimate | 769.33M |
| Revenue actual | 783.548M |
| Revenue Surprise | 1.85% |
| Release date | Feb 11, 2026 |
| EPS estimate | -$2.93 |
| EPS actual | $0.170 |
| EPS Surprise | 105.80% |
| Revenue estimate | 794.15M |
| Revenue actual | 797.529M |
| Revenue Surprise | 0.425% |
| Release date | Oct 28, 2025 |
| EPS estimate | -$2.37 |
| EPS actual | -$3.67 |
| EPS Surprise | -54.85% |
| Revenue estimate | 795.521M |
| Revenue actual | 818.19M |
| Revenue Surprise | 2.85% |
| Release date | Jul 29, 2025 |
| EPS estimate | -$2.05 |
| EPS actual | -$2.71 |
| EPS Surprise | -32.20% |
| Revenue estimate | 855.827M |
| Revenue actual | 832.788M |
| Revenue Surprise | -2.69% |
Last 4 Quarters for Nabors Industries
Below you can see how NBR performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 29, 2025 |
| Price on release | $33.45 |
| EPS estimate | -$2.05 |
| EPS actual | -$2.71 |
| EPS surprise | -32.20% |
| Date | Price |
|---|---|
| Jul 23, 2025 | $34.66 |
| Jul 24, 2025 | $33.29 |
| Jul 25, 2025 | $33.16 |
| Jul 28, 2025 | $35.29 |
| Jul 29, 2025 | $33.45 |
| Jul 30, 2025 | $34.19 |
| Jul 31, 2025 | $34.78 |
| Aug 01, 2025 | $31.66 |
| Aug 04, 2025 | $31.90 |
| 4 days before | -3.49% |
| 4 days after | -4.63% |
| On release day | 2.21% |
| Change in period | -7.96% |
| Release date | Oct 28, 2025 |
| Price on release | $47.17 |
| EPS estimate | -$2.37 |
| EPS actual | -$3.67 |
| EPS surprise | -54.85% |
| Date | Price |
|---|---|
| Oct 22, 2025 | $41.70 |
| Oct 23, 2025 | $46.38 |
| Oct 24, 2025 | $47.34 |
| Oct 27, 2025 | $47.25 |
| Oct 28, 2025 | $47.17 |
| Oct 29, 2025 | $51.98 |
| Oct 30, 2025 | $49.34 |
| Oct 31, 2025 | $48.52 |
| Nov 03, 2025 | $53.90 |
| 4 days before | 13.12% |
| 4 days after | 14.27% |
| On release day | 10.20% |
| Change in period | 29.26% |
| Release date | Feb 11, 2026 |
| Price on release | $70.88 |
| EPS estimate | -$2.93 |
| EPS actual | $0.170 |
| EPS surprise | 105.80% |
| Date | Price |
|---|---|
| Feb 05, 2026 | $66.89 |
| Feb 06, 2026 | $69.78 |
| Feb 09, 2026 | $70.42 |
| Feb 10, 2026 | $68.34 |
| Feb 11, 2026 | $70.88 |
| Feb 12, 2026 | $63.88 |
| Feb 13, 2026 | $68.10 |
| Feb 17, 2026 | $71.91 |
| Feb 18, 2026 | $75.30 |
| 4 days before | 5.97% |
| 4 days after | 6.24% |
| On release day | -9.88% |
| Change in period | 12.57% |
| Release date | Apr 28, 2026 |
| Price on release | $93.62 |
| EPS estimate | -$2.39 |
| EPS actual | -$1.54 |
| EPS surprise | 35.56% |
| Date | Price |
|---|---|
| Apr 22, 2026 | $86.51 |
| Apr 23, 2026 | $88.54 |
| Apr 24, 2026 | $89.89 |
| Apr 27, 2026 | $90.70 |
| Apr 28, 2026 | $93.62 |
| Apr 29, 2026 | $104.18 |
| Apr 30, 2026 | $102.61 |
| May 01, 2026 | $100.97 |
| May 04, 2026 | $103.71 |
| 4 days before | 8.22% |
| 4 days after | 10.78% |
| On release day | 11.28% |
| Change in period | 19.88% |
Nabors Industries Earnings Call Transcript Summary of Q1 2026
Nabors reported Q1 2026 adjusted EBITDA of $205 million and consolidated revenue of $784 million. The company maintained operations in the Middle East despite regional conflict, reporting limited financial impact so far and noting SANAD added its 15th newbuild rig with plans to reach 19 in 2026 and 20 in early 2027. Lower 48 momentum continued: Nabors ended the quarter with 66 U.S. rigs (65.3 average) and expects to exit Q2 near ~69 rigs, driving modestly higher U.S. margins and progressive pricing improvement into mid‑$30k/day by 2027. Drilling Solutions (NDS) and PACE‑X Ultra technology remain strategic differentiators — PACE‑X Ultra rigs command daily revenue above $40k on term contracts. Q1 adjusted free cash flow was a $48 million use but beat internal expectations by >$35 million; free cash flow outside SANAD was nearly breakeven. The company redeemed the remaining 2028 notes, pushing the nearest maturity to June 2029, and reiterated a priority on debt reduction with a medium‑to‑long‑term net leverage target around 1.0x. Q2 guidance factors in a $6–8 million estimated impact from Middle East inefficiencies, expects consolidated capex of $180–190 million, and anticipates ~ $10 million consolidated adjusted free cash flow for Q2. Management emphasized geographic diversification, capital discipline, and technology-driven returns as the path to stronger cash generation and continued debt reduction.
