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Nabors Industries Ltd. Message Board

  • cdawson4747 cdawson4747 Feb 4, 2013 9:50 AM Flag

    Nabors Stock Performance vs. Executive Compensation

    I just noticed that over the past 10 years Nabors stock has fallen from 18.43 to 16.30 per share. It's market cap has fallen from $4.9 billion to $4.3 billion. Yet, by my estimates, the two top executives at Nabors (Gene Isenberg + Tony Petrello) have taken home about $1 billion in compensation. (My numbers are estimates. I invite someone to confirm.) Is this insane or what ? Why would anyone invest in a company like this ? What kind of Board would approve such compensation ?

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