Nabors Industries LTD 8-K filings

Nabors Industries released preliminary Q2 2024 results, showing revenue and EBITDA in line with expectations and stronger than anticipated free cash flow.

Nabors Industries has successfully amended and restated its credit facility, increasing its size to $475 million and extending the maturity to June 2029.

Nabors Industries held its annual general meeting on June 4, 2024, where shareholders elected directors and approved several key proposals, including the appointment of auditors and an amendment to the stock plan.

Nabors Industries exceeded expectations in the first quarter of 2024, driven by resilient pricing and lower costs in the Lower 48 drilling operations, as well as higher than forecast OEM repair revenue and energy transition revenue in the Rig Technologies segment.

Nabors Industries has amended its Receivables Purchase Agreement, extending the term to April 1, 2027, and modifying certain financial triggers.

Nabors Industries reported strong fourth-quarter 2023 results, exceeding expectations with improved profitability and revenue growth across all segments, particularly in international markets and technology solutions.