NBR NYSE
Credit Risk of going bust: higher than 79% of companies Debt: 63.3% of company value Bonds: $287.8M held by 257 funds, 320 bp over Treasuries → details ▾
Total debt $2.13B against a stock market value of $1.24B.
Distance to default 2.67 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $1.06B (short-term plus half of long-term), stock volatility 51.5%; Altman Z'' 0.66. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Hamilton, PE HM 08
BM
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company offers tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure that integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Rodriguez Rodriguez | F-InKind | 475 | $78.12 | 2026-10-01 |
| CHASE ANTHONY R | A-Award | 1,056 | $78.12 | 2026-09-30 |
| Tudor David J | S-Sale | 3,200 | $92.30 | 2026-08-28 |
| YEARWOOD JOHN | A-Award | 1,324 | — | 2026-06-02 |
| Tudor David J | A-Award | 1,324 | — | 2026-06-02 |