SCHEDULE 13G/A: Susquehanna Affiliates Disclose 1.7% Passive Stake in Nabors Industries Ltd.

A group of affiliated entities, including G1 Execution Services, LLC and Susquehanna Securities, LLC, have disclosed a collective 1.7% passive beneficial ownership stake in Nabors Industries Ltd. as of December 31, 2024.

Summary

• Five affiliated entities, G1 Execution Services, LLC, SIG North Trading, ULC, Susquehanna Fundamental Investments, LLC, Susquehanna Portfolio Strategies, LLC, and Susquehanna Securities, LLC, collectively reported beneficial ownership of 182,170 common shares of Nabors Industries Ltd.
• This aggregate ownership represents 1.7% of the company's common shares outstanding.
• The filing indicates that the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Nabors Industries Ltd.
• As of December 3, 2024, Nabors Industries Ltd. had 10,709,103 common shares outstanding.
• The beneficial ownership includes 1,068 shares issuable upon exercise of warrants for G1 Execution Services, LLC.
• For Susquehanna Securities, LLC, the beneficial ownership includes options to buy 101,800 shares and 2,083 shares issuable upon exercise of warrants.

Sentiment

Score: 5

Explanation: The document is a neutral, factual disclosure of beneficial ownership. It provides no information that would inherently suggest positive or negative sentiment regarding the issuer's performance or prospects.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding Nabors Industries Ltd.'s future performance or operations. It is a disclosure of current ownership.

Management Comments

• The filing includes a certification statement from the reporting persons, signed by Brian Sopinsky, stating that "the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

This Schedule 13G filing is a routine disclosure of passive institutional ownership in Nabors Industries Ltd., a company operating in the energy services sector, specifically drilling. It does not provide information on broader industry trends or competitive dynamics, but rather reflects an investment position by a group of affiliated financial entities.

Comparison to Industry Standards

• This document is a standard regulatory filing (Schedule 13G) for disclosing beneficial ownership below 5% and is not intended for comparison of operational or financial results against industry benchmarks. It simply reports a passive investment stake. No specific comparable companies, projects, or results are mentioned.

Stakeholder Impact

• The disclosure of a 1.7% passive ownership stake by a group of affiliated financial entities is unlikely to have a significant direct impact on shareholders, employees, customers, suppliers, or creditors of Nabors Industries Ltd. as it does not imply any change in control or strategic direction.

Next Steps

• The document does not outline any specific future actions, events, or milestones for Nabors Industries Ltd. or the reporting persons beyond the ongoing passive investment.

Key Dates

Keywords

Nabors Industries Ltd., Schedule 13G, Beneficial Ownership, SEC Filing, Institutional Ownership, Passive Investment, G1 Execution Services, Susquehanna, Common Shares, Shareholding Disclosure