Nabors Drilling

Nabors Drilling

Provider of offshore platform workover. Learn more

Launch date
Employees
Market cap
$622m
Enterprise valuation
$2.7b (Public information from Sep 2024)
Hamilton Bermuda (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues2.1b2.0b2.7b3.0b3.0b3.3b3.5b
% growth(30 %)(5 %)32 %13 %-9 %8 %
EBITDA(318m)(251m)(82.8m)959m897m988m1.1b
% EBITDA margin(15 %)(12 %)(3 %)32 %30 %30 %31 %
Profit(806m)(569m)(350m)(11.8m)(72.7m)53.3m144m
% profit margin(38 %)(28 %)(13 %)-(2 %)2 %4 %
EV / revenue1.4x1.5x1.3x0.9x1.0x0.8x0.7x
EV / EBITDA-9.2x-11.7x-42.8x3.0x3.2x2.7x2.2x
R&D budget33.6m35.2m49.9m56.3m---
R&D % of revenue2 %2 %2 %2 %---
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DateInvestorsAmountRound
N/A

N/A

IPO

N/A

Post IPO Equity
*
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$800m

Post IPO Debt

$350m

Post IPO Debt
*
N/A

$225m

Post IPO Debt
*
N/A

$650m

Post IPO Debt
*
N/A

$900m

Post IPO Debt
*

$475m

Post IPO Debt
Total Funding-

Recent News about Nabors Drilling

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More about Nabors Drillinginfo icon
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Nabors Industries Ltd. operates in the oil and gas drilling sector, providing a wide range of services and technologies to enhance drilling efficiency and safety. The company serves both onshore and offshore operators, offering advanced drilling automation, managed pressure services, and energy transition solutions. Nabors leverages its expertise in robotics and AI to deliver cutting-edge technologies such as predictive drilling and remote control devices. The company also focuses on sustainability through initiatives like emissions reporting, energy-efficient lighting, and geothermal drilling. Nabors generates revenue by offering these specialized services and technologies to energy operators worldwide, positioning itself as a leader in both traditional drilling and the evolving energy transition market.

Keywords: drilling, automation, energy transition, AI, robotics, safety, efficiency, sustainability, offshore, onshore

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Nabors Drilling

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2TD
ACQUISITION by Nabors Drilling Dec 2014
Robotic Drilling Systems
ACQUISITION by Nabors Drilling Aug 2017
MindMesh
ACQUISITION by Nabors Drilling Jan 2023