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Nabors Industries Ltd. (NBR)

NYSE - NYSE Delayed Price. Currency in USD
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101.45-1.17 (-1.14%)
At close: 04:00PM EDT
101.45 -0.07 (-0.06%)
After hours: 04:13PM EDT

Nabors Industries Ltd.

Crown House
Second Floor 4 Par-la-Ville Road
Hamilton HM 08

IndustryOil & Gas Drilling
Full Time Employees10,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Anthony G. PetrelloChairman, Pres & CEO5.14MN/A1955
Mr. William J. RestrepoChief Financial Officer1.92MN/A1959
Mr. Mark D. AndrewsCorp. Sec.505.57kN/A1973
Mr. R. Clark WoodVP & Chief Accounting OfficerN/AN/A1972
Mr. Sri ValleruSr. VP, Chief Information Officer & Chief Digital OfficerN/AN/AN/A
Ms. Jade StrongSr. VP & Chief Admin. OfficerN/AN/AN/A
Mr. Dennis A. SmithSr. VP of Corp. Devel. & Investor RelationsN/AN/AN/A
Mr. Michael RasmusonSr. VP, Gen. Counsel & Chief Compliance OfficerN/AN/AN/A
Mr. Siegfried MeissnerPres of Energy Transition & Industrial AutomationN/AN/A1953
Mr. Travis PurvisSr. VP of Global Drilling OperationsN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it 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. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.

Corporate Governance

Nabors Industries Ltd.’s ISS Governance QualityScore as of September 28, 2022 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.